From major policy overhauls to amendments in old acts, from a decisive impetus to infrastructure development, and from the arguably Utopian 100 Smart Cities and Housing for All by 2022, one thing is clear – the Modi government set the stage for Indian real estate to…
New Delhi/Mumbai: The GST Council on Tuesday sought to address builders’ concerns related to their inventory of under-construction housing units by allowing them to choose between the existing higher tax rate with input credit and the new flat rate that will be effective from April. Builders can opt for the existing…
The listing of India’s first Real Estate Investment Trust (REIT) by Blackstone-backed Embassy Group may now be a reality and it is good news for the real estate sector that has been experiencing severe liquidity crunch. In a few days, any investor who has a ‘small appetite’ perhaps…
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…
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…
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…
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…
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 were in focus today as the GST Council on Sunday decided to lower rates on under-construction housing to 5 percent from 12 percent and affordable units to 1 percent from 8 percent without claiming the input tax credit, effective April 1. The decision…
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…