State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to future cash needs of the country's fast growing economy. The four private entities are: Accenture Solutions; Colliers International (India) Property Services; PricewaterhouseCoopers and The Boston Consulting Group (India).
CLSA has downgraded select real estate stocks and expects most counters from this sector to consolidate in the months ahead after the sharp run seen in them in the last few months. Most positive factors in terms of a pick-up in housing demand and office space absorption, it said, are already priced in. "We expect housing industry demand to grow around 12 per cent in 2024 and for large developers to outpace industry to grow at 15 - 20 per cent.
Newer asset classes such as data centres and rental housing gained prominence among investors.
According to Colliers International's annual parking rate survey, average cost of parking a car in Sydney's CBD is Australian $733 a month, making it the fifth most expensive city in the world, AAP reported on Tuesday. The only more expensive city in the Asia Pacific for parking is Hong Kong, where the average price is $748 (Australian $939).
The developers have already started feeling the pinch.
Cleartrip acquired Saudi travel firm Flyin last July and it provides bilingual ground support service and itineraries for inbound tourists.
If you have been planning to buy a house, don't postpone your purchase. Developers are offering discounts, freebies and attractive payment plans.
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.
Mannapuram Finance, Mahindra and Bharti Axa are some of the firms known to have bought office spaces worth more than Rs 100 crore
'Some brands only lend their names to the property and take a royalty.' 'The developer only needs to adhere to the terms and conditions of the contracts.' 'But branded apartments from Trump are particular about every small detail.'
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
With Sebi clearing the final guidelines for creation of Real Estate Investment Trusts (REITs), assets worth around $12 billion are likely to be listed in the next 2-3 years.
Demand for Grade A office space is rising across the country.
Because of high rents in Mumbai and the response from Delhi, most luxury retail players want to expand in the capital.
Read the investor-developer agreement carefully before signing the cheque
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
High interest rates and prices mean low affordability. Also, developers have huge inventories.
Mumbai developers are battling high inventory.
Given that some reputed builders are also present in this segment and the cheap rates, does affordable housing make a good investment option?
Developers are likely to start announcing their festive season offers soon, reports Sanjay Kumar Singh.
Are retirement homes attractive options for the elderly? Experts feel it is a good option to be able to live an independent and activity-filled life. But don't buy it as an investment
Such investments come with their own share of risks and buyers may need to hold on for at least 5 to 10 years.
The government can seek details from sellers such as sources of funds while buying.
Bengaluru's average home prices are Rs 4,000 a sq ft.
Since 2000, China has had the world's largest outflow of HNIs.
About 5.5 million users are looking for real estate online in India