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Thoughts on real estate

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it. —Warren Buffet As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never…

Singapore investors bet big on India’s real estate sector

Singapore-based investors are betting big on India’s commercial realty and other sunshine sectors, including logistics and warehousing, real estate consulting firm ANAROCK said in a report. Top Singapore-based private equity (PE) firms such as GIC, Ascendas-Singbridge and Xander are funnelling billions of dollars into India’s realty…

New EV startup Canoo will only sell cars on a subscription basis

Canoo’s first car will be a “lifestyle vehicle,” with a van-like shape. It’s supposed to hit the road in 2021, and will be adaptable to an autonomous future. Image: Canoo Electric vehicle startup EVelozcity, which was founded in late 2017 by three former BMW executives (and ex-Faraday Future employees),…

Maruti Suzuki raises dealer margins on best-selling cars from January

New Delhi: Maruti Suzuki India Ltd, the nation’s top carmaker, has boosted dealer margins for three of its best-selling cars, underscoring a weak domestic car market and increase in operational expenses at its dealerships saddled with rising inventory. Margins have been increased by ₹3,000 per vehicle on Maruti’s…

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…