US credit rating downgrade – Indian real estate holds its breath
Over 60% of Indian software exports are to the US, and nearly 20% are to Europe. Since both these geographies are affected, there will eventually be an impact on Indian IT companies.
Over 60% of Indian software exports are to the US, and nearly 20% are to Europe. Since both these geographies are affected, there will eventually be an impact on Indian IT companies.
The imposition of heavy penalty by Competition Commission of India (CCI) on real estate major DLF in Belaire complex case for breaching the norms regarding fair pricing is likely to have serious ramifications on the real estate industry in the city.
Dynamix Balwas (DB) Realty, the Mumbai-based realtor, has decided to buy upto 49 per cent stake in its hospitality arm, DB Hospitality Ltd, an unlisted arm where the promoters hold a majority stake.
The Mumbai commercial property market has displayed resilience in the recent past.
Government intervention is needed in India to bring regularization in unorganized real estate broking, says a report by Netscribes, a knowledge consulting solutions company.
AIG Global Real Estate (AIG GRE), the real estate fund of the global financial major, is looking to exit two projects of Bangalore-based RMZ and raise around $450 mn.
Finance is a branch of economics that deals with the management of money and other assets.
India’s largest textile firm, Alok Industries Ltd is divesting its real estate portfolio to ease debt.
Ever since the National Housing Bank (NHB) started preparing residex – an index for tracking the prices of residential properties in 2007, Chennai has been in the news for steep increase in residential prices.
As more farmers move the court against acquisition of their land in Noida, industry body ASSOCHAM has urged the Centre to take initiative and evolve a consensus among all stakeholders as the crisis gets politicised.