News for 'estates'

New supply of office space in top 7 cities down 4% in Jul-Sep

New supply of office space in top 7 cities down 4% in Jul-Sep

Rediff.com19 Nov 2024

New supply of office space across seven major cities fell 4 per cent annually in the July-September quarter to 12.8 million square feet while gross leasing of prime workspace rose 17 per cent, according to Vestian. In its report released on Wednesday, real estate consultant Vestian said the fresh supply of office space in Hyderabad declined 25 per cent in the July-September quarter to 4.10 million square feet.

In Very Short Supply: Affordable Housing!

In Very Short Supply: Affordable Housing!

Rediff.com5 Oct 2024

'Developers are into profit-making. And there's not too much money in the affordable segment.' 'So, they don't do affordable housing.'

Donald Trump: From convicted felon to 2nd term Prez

Donald Trump: From convicted felon to 2nd term Prez

Rediff.com6 Nov 2024

From the time he left office after his loss in the 2020 presidential election to his nomination as the Republican candidate in the 2024 race, Trump continued to dominate the American news cycle and the country's psyche.

5 Budget-Friendly Honeymoon Destinations

5 Budget-Friendly Honeymoon Destinations

Rediff.com13 Dec 2024

Embark on a romantic escapade without worrying about the budget!

M&A deals rise 13.5% in '24 so far

M&A deals rise 13.5% in '24 so far

Rediff.com16 Dec 2024

the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.

Trump picks Fox News host as defence secretary

Trump picks Fox News host as defence secretary

Rediff.com13 Nov 2024

United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.

Property market upset as govt removes indexation benefit for sellers

Property market upset as govt removes indexation benefit for sellers

Rediff.com23 Jul 2024

The government on Tuesday proposed reducing the long-term capital gains tax on immovable properties to 12.5 per cent from 20 per cent, but removed the indexation benefits to adjust for inflation, a move experts termed as "negative" for sellers.

'Hope Manipur Finds Peace Soon'

'Hope Manipur Finds Peace Soon'

Rediff.com10 Jan 2025

'My one recommendation would be to first quell the violence and then encourage dialogue and build the trust among the different communities.' 'This is not easy but necessary, for violence cannot be the way forward.'

FDI inflows in India cross $1 trillion

FDI inflows in India cross $1 trillion

Rediff.com8 Dec 2024

Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.

Theatre-Goers, Here's Some Bad News

Theatre-Goers, Here's Some Bad News

Rediff.com2 Sep 2024

PVR INOX plans to shut down 70 non-performing screens.

What Are Business Cycle Funds?

What Are Business Cycle Funds?

Rediff.com7 Dec 2024

Business cycle funds aim to optimise returns by aligning their portfolios with different phases of the economic cycle. First-time investors, those who prefer stable sector allocations, and those averse to volatility should steer clear of them.

Havells, Polycab flip the switch on high-voltage growth potential

Havells, Polycab flip the switch on high-voltage growth potential

Rediff.com28 Oct 2024

The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.

How Your Income, Investments Are Taxed

How Your Income, Investments Are Taxed

Rediff.com28 Nov 2024

Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan

Consensus eludes GoM on GST rate rationalisation, over 100 items discussed

Consensus eludes GoM on GST rate rationalisation, over 100 items discussed

Rediff.com26 Sep 2024

The Group of Ministers (GoM) on goods and services tax (GST) rate rationalisation, which convened in Goa on Wednesday, reviewed the GST rates for over 100 items, including textiles, handloom goods, agricultural products, fertilisers, and educational materials. However, no consensus was reached on any of the items, with further discussions scheduled for next month in Delhi.

Want to invest in a Real Estate fund?

Want to invest in a Real Estate fund?

Rediff.com1 Dec 2021

These funds have lowered the entry barrier for investors who can now invest with just Rs 5,000, points out Sanjay Kumar Singh.

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

'Pent-up demand in real estate to continue in 2023'

'Pent-up demand in real estate to continue in 2023'

Rediff.com24 Jan 2023

'The inflection point that really happened in the sector was during the pandemic when buyers' perception changed towards consumption and that gave a trigger to pent-up demand with the increased affordability.'

Millennials Spark Luxury Homes Demand

Millennials Spark Luxury Homes Demand

Rediff.com20 Jun 2024

High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.

GDP growth slows to 2-year low of 5.4% in Q2

GDP growth slows to 2-year low of 5.4% in Q2

Rediff.com29 Nov 2024

India's economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy, data showed on Friday. The gross domestic product (GDP) had expanded by 8.1 per cent in the July-September quarter of 2023-24 fiscal. The previous low level of GDP growth at 4.3 per cent was recorded in the third quarter (October-December 2022) of financial year 2022-23.

Strong growth prospects, mixed valuations seen for Info Edge stock

Strong growth prospects, mixed valuations seen for Info Edge stock

Rediff.com21 Aug 2024

Info Edge (India), the country's leading consumer internet company known for its platforms in recruitment (naukri.com), real estate (99acres.com), matrimony (jeevansathi.com) and education (shiksha.com) space, delivered revenue growth in line with expectations in the April-June quarter (Q1) of FY25.

Retail space leasing in malls, main high streets falls 1%

Retail space leasing in malls, main high streets falls 1%

Rediff.com7 Nov 2024

Leasing of retail space in shopping malls and prominent high streets dropped 1 per cent to 1.63 million square feet during July-September across top eight cities, according to Cushman & Wakefield. The leasing stood at 1.63 million square feet in the year-ago period. Real estate consultant Cushman & Wakefield on Thursday released its Q3-2024 'Retail MarketBeat' report, which highlighted a sustained momentum across India's main streets, leading retail growth across the top 8 cities.

Godrej Properties to gain from strong land portfolio, demand outlook

Godrej Properties to gain from strong land portfolio, demand outlook

Rediff.com3 Dec 2024

Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 per cent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions. The company recently acquired a 53-acre land parcel in Joka, Kolkata with an estimated development potential of 1.3 million square feet of saleable area with an estimated revenue potential of Rs 500 crore.

Why is Wayanad Quiet About Tragedy?

Why is Wayanad Quiet About Tragedy?

Rediff.com13 Nov 2024

There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.

Amrit Udyan Gears Up To Welcome Visitors

Amrit Udyan Gears Up To Welcome Visitors

Rediff.com13 Aug 2024

The iconic Amrit Udyan inside the President's estate will be opened for the public from August 16 to September 15, 2024.

At Rs 1.2 trn, IPO mopup set to hit new high in 2024

At Rs 1.2 trn, IPO mopup set to hit new high in 2024

Rediff.com8 Nov 2024

The calendar year 2024 is set to go down as the best year for initial public offerings (IPOs) in terms of funds raised. Following the IPOs of food delivery major Swiggy and two other companies slated for next week, this year's total will reach nearly Rs 1.2 trillion, going past 2021's record tally of Rs 1.19 trillion. Swiggy's Rs 11,327 crore IPO, the sixth-largest in India, and solar energy firm Acme Solar Holdings' Rs 2,900 crore IPO opened on Wednesday (Nov 6), while health-tech firm Sagility India's Rs 2,106 crore IPO opened a day earlier.

How The Budget Impacts Property Sales

How The Budget Impacts Property Sales

Rediff.com24 Jul 2024

'The move to remove indexation benefits on LTCGs presently available for property, gold, and other unlisted assets may have a negative impact as it directly impacts real estate investors.'

The Apprentice Review: A Trump No One Has Seen Before

The Apprentice Review: A Trump No One Has Seen Before

Rediff.com21 Oct 2024

The Apprentice is a keenly observed and entertaining biopic about the making of a man who is mostly responsible for all that has gone wrong with current American politics, observes Aseem Chhabra.

Mewar's Royal Vs Royal Battle Continues

Mewar's Royal Vs Royal Battle Continues

Rediff.com27 Nov 2024

Mahendra Singh, whose death has convulsed the Mewar royal family's succession issues, was himself excluded from the family trust by his father who gave control to the younger son, Arvind Singh. It is this decision that years later has cast a shadow on Vishvaraj Singh's coronation, reports Prakash Bhandari.

Mahayuti Win Will Boost Adani's Dharavi Plan

Mahayuti Win Will Boost Adani's Dharavi Plan

Rediff.com23 Nov 2024

The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.

How To Select The Right MAAF

How To Select The Right MAAF

Rediff.com12 Nov 2024

If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.

Jolt to Gautam Gambir as court orders fresh probe into cheating case

Jolt to Gautam Gambir as court orders fresh probe into cheating case

Rediff.com30 Oct 2024

Special Judge Vishal Gogne set aside a magisterial court order, saying it reflected "inadequate expression of mind" in deciding the allegations against Gambhir.

Yuvraj Takes Builder To Court

Yuvraj Takes Builder To Court

Rediff.com10 Jul 2024

The cricketer said a sale agreement was executed between him and his mother on one side and the builder on the other for the purchase of an apartment for over Rs 14 crore in the real estate project initiated by Brilliant Etoile Pvt Ltd in Hauz Khas under the name 'Sky Mansion' and displaying the name 'Risland'.

Govt should give cheaper loans to spur affordable home sales: Naredco prez

Govt should give cheaper loans to spur affordable home sales: Naredco prez

Rediff.com28 Aug 2024

The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.

We plan to capture just 4% of market in 4 years: Prestige Estates' Irfan Razack

We plan to capture just 4% of market in 4 years: Prestige Estates' Irfan Razack

Rediff.com8 Mar 2023

Bengaluru-based Prestige Estates Projects recently said it aims to double its annual residential sales bookings to Rs 25,000 crore by FY26 from its current markets and others such as Mumbai, Pune and National Capital Region (NCR). The company's chairman and managing director Irfan Razaq tells Raghavendra Kamath about his plans to achieve the target and outlook for the real estate market.

Bengal's tea industry seeks a new flavour

Bengal's tea industry seeks a new flavour

Rediff.com1 May 2024

The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.

Bitcoin Rallies: Time To Book Profits?

Bitcoin Rallies: Time To Book Profits?

Rediff.com15 Nov 2024

Only investors with knowledge of cryptocurrencies, long-term conviction, and a long horizon should invest in this asset class.

Why Is Maharashtra An Underperformer?

Why Is Maharashtra An Underperformer?

Rediff.com23 Nov 2024

'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.

Explained: Tax Changes On Property Sales

Explained: Tax Changes On Property Sales

Rediff.com25 Jul 2024

Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.

'Euphoria In SMID Stocks Couldn't Have Lasted Forever'

'Euphoria In SMID Stocks Couldn't Have Lasted Forever'

Rediff.com6 Nov 2024

'Retail investors, who had not seen such a massive correction in the SMID universe since COVID-19, are witnessing something like this for the first time. Panic profit booking may continue.'

Trump says his Mar-a-Lago estate 'raided' by FBI

Trump says his Mar-a-Lago estate 'raided' by FBI

Rediff.com9 Aug 2022

Trump said that Mar-a-Lago in Palm Beach was "occupied by a large group of FBI agents".