Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.
'Rising Covid cases and localised lockdowns are being closely monitored.'
Indian companies are expecting generous tax incentives from the Union Budget that will help them invest more in building capacities in the coming years. While the productivity-linked incentives (PLIs) are a good start to spur local manufacturing, the government should also take steps to boost consumer demand, which is not showing encouraging signs, say chief executive officers (CEOs) of India Inc. Statistics released by the Reserve Bank of India (RBI) shows that Indian banks had sanctioned loans worth Rs 75,558 crore in 220 new projects - a record low - in the pandemic-hit financial year ending March 2021. This is not showing any signs of a significant pick up in the last nine months of the ongoing financial year.
Syriza lawmakers walked the corridors telling reporters the government might not survive the night.
With Centre, state and municipal governments passing the buck on issues as critical as sanitation, Aditi Phadnis looks at the revolving door politics that is often played with the running of local self government
The new Parliament building will have a triangular shape and is expected to be completed by the 75th anniversary of India's independence in 2022. The government plans to hold the monsoon session of Parliament in 2022 in the new building.
What went on inside Kolkata's 'house of horror'? Indrani Roy/Rediff.com reports.
Real estate developer Supertech on Friday was declared bankrupt by the National Company Law Tribunal (NCLT), a move that could have a bearing on 25,000 home buyers of the firm's ongoing projects in the Delhi and NCR region. Acting on a petition filed by the Union Bank of India for non-payment of around Rs 432 crore worth dues, the bankruptcy court ordered the initiation of insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group. The NCLT said "there has been a default in payment of the financial debt" and appointed Hitesh Goyal as the Interim Resolution Professional (IRP) superseding the board of Supertech Ltd.
Sellers, beware! Here are the risks involved
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
Unless you are very knowledgeable, seek expert advice before making such a high-ticket investment, cautions Sarbajeet K Sen.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Mumbai's Bandra Kurla Complex (BKC), which houses the offices of some of the biggest banks in the country, however, slipped to 26th position from the 16th position.
Starting with the third quarter of financial year 2020-21 (Q3FY21), we have seen "unlock" trades at various times. Whenever lockdowns have been eased, traders have taken long positions in consumer-facing businesses. Let's look at the logic. Since March 2020, sectors like retail, personal vehicles, hospitality, aviation, fast-moving consumer goods (FMCG), multiplexes, etc., have been under severe pressure. As a result, there's been a low base effect. Every company in these spaces has suffered top line contraction. Many suffered losses, especially in the first half of FY21.
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
Joginder Tuteja looks at the big clashes in the Independence Day weekend in the last decade.
Your high expectations and attachment to certain property can make you buy property which is not financially suitable.
Akhtar Imam had recently revealed that he was facing a serious threat to his life as he had gifted his property to his elephants
If your children live abroad, rely more on financial assets as they are easier to liquidate and move across borders.
Indian Parliament's new building will have a triangular shape to reflect the importance of triangles being a sacred geometry in various religions, while its interiors will have three national symbols as their main themes -- Lotus, Peacock and Banyan Tree.
If you are serious about countering the Chinese threat, then the best weapon is investing in real freedom, plurality, elections and democracy. Unfortunately, it isn't an approach all Indians currently seem to agree on, asserts Shyam G Menon.
For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
'Do some profit booking and bring your equity allocation back to its original level.'
The Corosure Kit has received ICMR approval with the highest score and DCGI approved with a very high sensitivity and specificity.
The Reserve Bank's rate-setting panel, Monetary Policy Committee (MPC), began its three-day deliberations on Wednesday amid expectations of a status quo on benchmark rate mainly on account of uncertainty over the impact of the second wave of COVID-19 pandemic. Moreover, the fears of firming inflation may also refrain the MPC from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announced on Friday. The RBI had kept key interest rates unchanged at the last MPC meeting held in April.
he hike in service tax rate from 12.5 per cent to 14 per cent will increase the costs of buying
The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
In India, younger workers willing to work at lower salaries are easily available, so you could find yourself out of a job before 60. Therefore, save for retirement with urgency, advises Sanjay Kumar Singh.
Investing in such properties is high-risk proposition, as developers do not have requisite approvals. At a later stage, projects can be delayed or even shelved for lack of funds.
Talking to reporters in Islamabad, he said the Opposition has laid all of their cards, but the no-confidence motion against him would not be successful.
Sonia hit out at the BJP, saying the ruling party's "divisive agenda" has become a regular feature of political discourse in all states and that history is being "mischievously distorted" to add fuel to its agenda.
A station house officer was arrested for allegedly sexually assaulting a 13-year-old girl who was left outside his police station in Uttar Pradesh's Lalitpur by four men after they raped her for three days, officials said on Wednesday.
Durable, automobile and real estate players have been lobbying hard for a tax cut, saying it will boost demand.
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
Share prices of Dewan Housing, Indiabulls Housing, and PNB Housing have declined 30-80% in the past one year
Avoid these at all costs or there goes your dream of owning a house.
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