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…

Indian real estate can evolve into trillion dollar economy

Globally, real estate development is an important parameter to measure economic growth. If one just looks at the demand for homes in India, the growth potential is huge. Initiatives by the government, including ‘Housing for All by 2022’ offers major growth potential not just for the…