Category: Real Estate

India’s ultra-rich prefer equity, bonds to real estate

Mumbai: India’s wealthy individuals have a preference for equity and bonds, as they place their bets on prospects of better economic growth in Asia’s third-largest economy. On the other hand, their Asian counterparts prefer real estate, cash and gold, global property consultancy firm Knight Frank said in a wealth report…

Demand for commercial real estate will continue to pick up: Experts

MUMBAI: At a time when India’s housing market is yet to recover from a prolonged slump, demand for commercial real estate has continued to grow with several large institutional investors pouring big investments into the segment. “India is a multi-decade story for Brookfield and not a five…

Tax on your gold and real estate investments

Real estate and gold have traditionally formed a large chunk of Indian investors’ portfolios. However, over the past few years, returns from them have been poor to negative. Apart from keeping gold or real estate for self-use, investments in these two asset classes doesn’t make much economic…

NBFC crisis slows GDP growth, real estate worst hit

Mumbai: India’s GDP growth slowed to 6.6 per cent in the October-December quarter of 2018-19, the lowest rate in five quarters, primarily due to the stress among the non-banking finance companies (NBFCs). A direct correlation can be seen as many NBFCs have been facing liquidity challenges…

A day in the life of the top real-estate broker in the US, who sold $2.2 billion worth of homes in 2018, wakes up at 5 a.m. every morning, and works out with a personal trainer 3 times a week

Ben Caballero is the top real estate broker in the US, according to REAL Trends, a residential brokerage industry publication. He sold $2.2 billion worth of homes in 2018. The Texas-based broker has been ranked as the top real estate agent for nearly a decade by REAL Trends…

Real estate stocks rally on GST rate cut boost

NEW DELHI: Most real estate stocks were trading higher in early trade on Monday after the GST Council on Sunday cut tax rates on under-construction flats to 5 per cent and affordable homes to 1 per cent, effective April 1. The Nifty Realty index was trading 2.25 per…