Tag: sector

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…

Real estate sector in Karnataka will boom by 2020: CREDAI

India’s real estate sector, which includes the housing, retail, hospitality, and commercial sub-sectors, is one of the largest contributors to jobs in the country. According to a recent press release by Confederation of Real Estate Developers Association of India (CREDAI), the real estate sector in India…

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…