While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Raghavendra Kamath reports on what ails India's real estate sector.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
Investors booked profits at higher levels despite the growth oriented Budget.
Weak monsoon forecast rekindled fears of higher inflation.
The promoters who own the Leela brand will also be transferring the label to Brookfield for all hospitality businesses.
GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer
Rezwan Razack, a real estate developer, is opening the country's first museum of banknotes printed in India since 1770s
A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.
While all champagnes are sparkling wines, not all sparkling wines are champagnes!, says Alok Chandra.
7.8 million square feet of mall space is under construction this year, the highest ever since 2011.
The government ban on external commercial borrowing, or ECBs, for integrated townships has shut off a staggering $12 billion that was to be raised for integrated townships, reports CNBC-TV18.
The company is confident that more hotel owners will be keen to associate themselves with the Hilton brand, the second-biggest hotel chain globally after Marriott.
The hotels in the pipeline will include a range of Marriott brand portfolios such as JW Marriott, Tribute Portfolio and Sheraton.
Mumbai developers are battling high inventory.
The Q3 office rebound growth was led by Bengaluru and Hyderabad, which together accounted for nearly 80 per cent of the net absorption in Q3.
Income from renting of properties is taxed at a flat rate of 10%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
The market breadth, indicating the overall health of the market, turned negative from positive
It goes without saying that the best performers are in the private sector, says TN Ninan.
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
The S&P BSE Midcap and the S&P BSE Smallcap indices added 0.5% and 0.7%, respectively
Yulu founder Amit Gupta believes bicycle sharing is the next big thing.
Two successive reports, one by Percy Mistry in 2007 and the other by Raghuram Rajan in 2008 had provided the RBI and the finance ministry with blueprints of what to do next. Both reports, unfortunately, was put on ice. The global meltdown saved the RBI. It also saved the finance ministry from having to work on the two reports.
Custodian banks are selling dollars for their foreign fund clients.
Earning returns from an asset lying idle can be a good option in times of volatility.
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
A win for Trump, 69, as latest polls indicate, could very well bring the billionaire real estate magnate very closer to the magical figure of 1,237 delegates needed the win the party's presidential nomination for the November 8 election.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
'They were the leaders of my country and the children of Mother India, but they didn't die as martyrs.' 'They were killed, most unfortunately, by a well planned enemy plot, and they were victims of political violence,' states Sudhir Bisht.
Some 800 million or more Indians gaze at their mobile phones all day. Whoever can crack what's news on the mobile phone for them and their families, for a nominal payment of Rs 10 a month, is a winner, says Ajit Balakrishnan.
All mankind looks for good news on a daily basis. It is only a natural human desire. Corporate managements, government spokespersons, political loyalists, merchants and salespersons, all work overtime to create good news. And governments, too, keep trying this with inane pronouncements all the time, says Raj Liberhan.
Nikita Puri and Dhruv Munjal explain why new-age businessmen are turning to exclusive, uber-rich clubs.
Budget in the medium term aims to kick-start the investment cycle.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.