Retail investors stand to gain from the booming realty sector, through the Real Estate Investment Trusts.
The other trend is towards the big and bigger, especially in the retail sector. Take The Great India Place in Noida, Unitech's 15 lakh sq ft "shoppertainment" destination which opened earlier this year.
the 2015 figure also showed how developers had absorbed some of the increased holding costs.
Indian real estate developers, enjoying boom times, want your capital.
Real estate players say they are in talks with companies to build their customised stores in India.
CBI officials, however, said no such evidence had so far been found. CBI, on receiving a tipoff from its sources, found that a private financial services company, its chairman and managing director, and other associates were allegedly bribing senior officials of public sector banks and financial institutions for facilitating largescale corporate loans.
Real estate, or property, is one of the one of the major asset classes people the world over invest in. Such real estate could be residential house property, whether self-occupied or let out, commercial property, whether used for one's own business or profession or meant for letting out, farm house, agricultural, urban and rural lands, and so on. Through proper planning it is possible to save a great deal of tax on real estate investments -- on income and on capital gains.
The mega real estate loan scam could delay the initial public offers of over half a dozen real estate developers because of poor investor sentiment, said bankers and analysts tracking the sector.
Chief executives in the real estate, consumer products, automobiles, construction, and textile sectors said they were all expecting workers to re-join in the next 45-60 days, which would help them ramp-up production from July.
According to the report released by brokerage firm Religare Securities, the festive discounts and promotional offers by the builders will boost the volumes, which may also result in an upside of about 10 per cent in the property prices.
In the quarter ended September 30, the Pirojsha Godrej-led firm recorded Rs 492 crore net sales, up 49% year-on-year
The sources said the company had provisioned to open one or two new stores every month during this financial year. The hypermarkets will offer a range of digital, food and lifestyle products.
Consultants expect the sector to grow 20-25% next calendar year.
The farmers' agitation, spread over months, had halted construction and delayed supply of thousands of residential units.
Ascendas, which manages property trusts in Asia, said it will set up the $324 million Ascendas India Development Trust to invest in Indian real estate projects.
The Indian stock market is in the midst of a great bull run. Indiabulls, a prominent name in the financial services arena, applies for a licence for mutual fund operations.
Asset sale plans lag target in both current and next financial years; the airline had a three-year plan to monetise assets worth Rs 5,000 crore (Rs 50 billion) by March 2016.
Stephen Hawking, in his final book Brief Answers to the Big Questions, considered an asteroid collision to be the biggest threat to the planet. At this point, we are as well prepared as dinosaurs were when a 10-km wide asteroid hit the planet 65 million years ago, notes Kumar Abishek.
Home sales slow after price spurt, but office market picks up as economy does.
Bangladesh has proclaimed an order to redesign the capital city, requiring reclamation of 3,000 acres of land occupied by influential real estate companies, earlier dubbed as "land pirates" by senior government leaders.
In an hour-long chat on rediff.com on Thursday, financial planning expert Sailesh Multani offered some valuable investment tips.
For instance, Rajiv Swagruha Corporation Limited, the affordable-housing wing of the state government, has an exclusive project for senior citizens at Bandlaguda on the city outskirts.
The Budget has proposed a Benami Transactions (Prohibition) Bill.
Do the lower prices of pre-launch offers look attractive to you? Be careful, for you could fall easy prey for dubious developers of the so-called 'future projects.'
Riding high on the recent success of pure-play real estate biggies in the Indian capital market, another realty firm is taking one step further by aiming to list on London Stock Exchange to raise about Rs 1,520 crore
The central bank may increase both repo and reverse repo rates by another 25 basis points each in the next policy meeting.
Indians are among the top property investors among non-Arabs in Dubai following British nationals who top the list
Owing to the risk perception attached with the segment by banks, the residential realty segment has been increasingly relying on non-banking financial companies and housing finance companies to raise debt financing, reports Abhijit Lele.
The model offers homes with sports facilities like race tracks.
An early stage venture capital fund recently raised a Rs 100 crore (Rs 1 billion) Mauritius-based fund to invest in Indian real estate and plans to raise a similar fund later this year.
Real estate players also report an increase in demand from the IT sector.
The Maharashtra government has decided to increase floor space index (FSI) to 3 from the current 2.5 for buildings which have come up between 1940 and 1960. The decision opens up the possibility for redeveloping 16,461 old buildings.
It is mixed sentiments for some players in the real estate industry as IT sector in Bangalore trundles back on purchase mode but Hyderabad displays a cautious sentiment owing to the current political situation.
Although both Telangana and Samaikyandhra agitators are still fighting over the status of Hyderabad, many builders are showing a keen interest on 'construction activity' in Vijayawada, said Giridhara Prasad Gupta, a real estate businessman.
HDFC chairman Deepak Parekh on Monday said that he expected property prices to come down by 20 per cent in the next six months even as there is an upward pressure on interest rates.
Credit-dependent sectors such as real estate and automobiles may also be hit by a rise in interest rates.