Cartel of black money in secondary market needs to be checked
The draft Real Estate (Regulation and Development) Bill, 2011, aims at bringing reforms in the unorganised Indian real estate sector.
The draft Real Estate (Regulation and Development) Bill, 2011, aims at bringing reforms in the unorganised Indian real estate sector.
Fishing in the troubled waters of Indian real estate, Morgan Stanley Private Equity is staring at Rs.200 crore loss.
The Indian real estate market has matured to the extent that it is seen as the best investment instrument, as a recent survey by ASSOCHAM points out.
Indian real estate majors, DLF and Unitech, are set to miss their FY11 sales target, despite prices reaching the highs of 2007. Mid cap names like HDIL, Ackruti City and Sobha Developers are however on track to meet their targets.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has suggested the government to introduce Real Estate Investment Trust and Real Estate Mutual Fund to enable investors to own a diversified portfolio of professionally managed assets in the real estate sector. In a note submitted to the government, the Chamber said that the Indian Real estate sector currently lacks any monetization vehicle for capital intensive verticals such as commercial offices and retail malls.
The Fitch Ratings 2011 outlook for the Indian real estate sector seems to contradict itself. While it says the realty market is stable in the year, it also warns of a negative bias. The negative forecast of Fitch Ratings is, however, based more on the sentiments than the emerging market reality.
The Union Budget 2025, ahead of a few significant Assembly Elections, quite obviously aimed at headline management & garnering likes. And to a large extent the Finance Minister & Modi Government succeeded in this, since the most vocal middle class of India finally got something to cheer about. However, the larger issue is whether the Personal Income Tax exemption level up to an income of INR 12 lakh going to change the household realities of the shrinking middle class of India. More importantly, will it lead to consumption and asset creation, and that too of a high value asset like real estate.
Puravankara Limited has launched a residential project, Purva Atmosphere, in Keshav Nagar, Pune. Spread across 10 acres with 70% open spaces, Purva Atmosphere features two 30-story towers offering 240 units of 2 BHKs and 180 units of spacious 3 BHK apartments. Designed to ensure ample natural light, ventilation, and Vastu compliance, these residences offer the perfect blend of comfort and functionality.
Provident Housing is launching a new phase of Provident Ecopolitan in Bengaluru on 18th-19th January, 2025. Building on the overwhelming sold-out success of Phase 1, the new phase offers thoughtfully designed homes that seamlessly integrate sustainable design with contemporary living.
The news of SEBI crackdown on YouTuber Ravindra Balu Bharti for illegal investment advisory services has come as a reality check for many influencers. These influencers are offering unregistered and more often than not paid investment advice by the vested parties. But financial influencers or Finfluencers, as they say, are not the only influence peddlers that need to be checked. The property influencers, or Propinfluencers, are even greater threat. After all, one invests in stock market with surplus money where amount is much lesser than one’s investment in property that is life’s costliest purchase and mostly with borrowed money. Ravi Sinha questions why there is no regulatory framework for property influencers.