'And the top 10 per cent will grow because they have to serve the market.'
Many buyers skip or misread critical provisions in builder-buyer agreements.
The Enforcement Directorate has said it seized cash of Rs 1.70 crore and documents related to immovable assets during searches conducted against Jaypee Infratech Ltd (JIL), Jaiprakash Associates Ltd (JAL) and other entities in an alleged homebuyers' fraud case linked money laundering investigation. The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act (PMLA).
It is a true that some developers are unable to sell houses and are offering discounts to lure purchasers. But, recent buyers have also discovered that many of these discounts are only marketing gimmicks.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
The investigation against Bharadwaj (45), former Delhi health minister, is understood to be linked to an Anti-Corruption Branch case into alleged corruption in health infrastructure projects by the previous AAP government.
June quarter showed revival over previous one, says study; Mumbai-Pune and Bangalore lead the way
Don't trust what your broker tells you about a house you want to buy!
In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.
Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.
Nitin Gadkari said AI will be used to detect landslides, waterlogging and accident-prone spots on highways, while highlighting logistics cost cuts and road safety initiatives
Left to its machinations, the BJP would have loved to cut Nitish down to size, but it can't afford to do so as the JD-U is in alliance with the BJP at the Centre, and cannot form a government on its own in Bihar. For now, both need each other: Nitish for legitimacy, the BJP for numbers, points out Ramesh Menon.
As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.
RCom had net debt of about Rs 40,222.6 crore at the end of June 30.
Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
'Elementary, My Dear Holmes imagines Arthur Conan Doyle stepping into his own fiction, a man haunted by the clarity he created, forced to apply it to a world far messier than the one on paper.'
Naukri.com-parent Info Edge, whose long-term bets on Indian startups ranging from Zomato to Policybazaar yielded blockbuster returns, has been named the country's most successful venture investor, cementing its reputation as a standout player in India's startup ecosystem. The firm, helmed by Sanjeev Bikhchandani - often referred to as India's Warren Buffett- invested a total capital of Rs 3,959.16 crore across platforms over the last one and a half decades.
Property sales have been sluggish and the sector has been facing headwinds. So, firms are in wait-and-watch mode.
India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.
The Enforcement Directorate (ED) has alleged that Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, provided evasive responses during questioning regarding a 2008 land deal in Haryana. The ED claims Vadra placed blame on deceased associates and exerted undue influence on government officials.
'Dada is the ideal fit for brands -- his credibility, passion, and deep connection with audiences make him a game-changer.'
rediffGURU T S Khurana answers readers' personal income tax queries.
Housing sales declined 19 per cent annually in January-March across eight major cities to 98,095 units on high prices and lower launches, according to PropTiger. Real estate consultant PropTiger, which is part of REA India that also owns Housing.com, on Wednesday noted that rising property prices and slowing growth forced buyers to exercise caution.
While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement.
India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.
To shield against US President Donald Trump's tariff shock, analysts have been advising investors to focus on stocks of domestic-oriented companies, rather than export-centric ones, to minimise potential losses.
Indian real estate sector saw more land deals in 2024 at over 2,200 acres as developers were looking to expand the business, according to CBRE. Real estate consultant CBRE data showed that land deals of more than 2,200 acres last year as against about 1,900 acres in the preceding year. Out of the total land transactions in 2024, around 2,000 acres were located in the eight major cities -- Delhi-NCR, Bengaluru, Mumbai, Chennai, Pune, Hyderabad, Kolkata and Ahmedabad.
As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.
GST, net of refunds, now yields close to 20 trillion to both the Centre's and states' exchequer.
'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'
Realtors' apex body CREDAI described the RBI decision to cut repo rate by 50 basis points as a bold step and said this will help boost sales of residential properties.
Bollywood actor Vivek Oberoi has shared details about his journey from film stardom to becoming a successful global entrepreneur. In an article for Rolling Stone, which he also posted on social media platform X (formerly Twitter), Oberoi explained how stepping away from fame helped him focus, grow, and build a lasting legacy.
'If all of us (all the 57 Shiv Sena MLAs) stand together we can change the dynamic. We are not afraid of anyone.'
The ultra-rich invest differently -- embracing growth, compounding, and long-term clarity to build wealth with purpose and discipline, explains Ramalingam Kalirajan.
'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'
'While the concept was introduced globally over four decades ago, branded residences have taken off now in India.'
The Competition Commission of India on Tuesday approved Singapore's Temasek Holdings proposed acquisition of a minority stake in Haldiram Snacks Food. Temasek Holdings through its arm Jongsong Investments Pte is acquiring a stake in the target company.
'Just this year alone, close to 40 major transactions involving Bollywood stars have been recorded.'
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