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Texas: Fort Travis ex-military bunkers to reopen for tours

PORT BOLIVAR, Texas (AP) — Some hurricane-damaged World War I bunkers in Southeast Texas that have been undergoing renovations since 2015 will reopen for tours this weekend. The Galveston County Daily News reports bunker sections of historic Fort Travis at the Bolivar Peninsula park will be…

A boost for the real estate sector

The change The Union Budget has enhanced its focus on real estate, particularly in the affordable housing segment. To stimulate demand in the residential market, the Centre has announced additional deduction in income tax of ₹1.5 lakh for interest paid on housing loans for affordable housing properties…

Real estate market set for a comeback: 5 promising stocks from the sector

The Nifty Realty Index has substantially underperformed the Nifty 50 Index over the past one, two and five years. The difference in their point-to-point returns (Nifty Realty Index minus Nifty 50 Index) stood at -11.9%, -20.9% and -48.8% respectively in the past one, two and five years. However, recent numbers…

Co-living and co-working offer new opportunities for real estate

Bengaluru: The growing alternative real estate asset classes co-living and co-working segments are set to further increase their footprint. While co-living market in India is expected to offer a business opportunity of Rs one trillion by 2023 along with the capacity of 5.7 mn beds from the previous levels of Rs 458…

Real estate investors opting for Tier 2 & 3 cities, survey shows

(Representative image) NEW DELHI: Real estateinvestments are no longer limited to major metros — investors are equally, if not more, enthusiastic about Tier 2 & 3 cities as sites of investment, ANAROCK’s second edition of its Consumer Sentiment Survey shows. According to the survey, 26% of property…

Corporate Corridor | The beginning of the end for diesel cars

There are obit pieces being written for diesel cars. With good reasons, of course. Last week, Maruti Suzuki India, India’s largest passenger car maker, let the cat out of the bag when it announced its decision to discontinue diesel cars from April 1, 2020. In 2018-19, it…