Category: Investments

RBI Policy announcement: Comments By Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group.

January 27, 2022

Mr.Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group. “The RBI has always taken a proactive stance to ensure liquidity in the past few months, and has continued it’s accommodative policy stance amid the renewed Covid threat from the Omicron variant. It is imperative that low mortgage rates would continue, at least till the […]

RBI Policy announcement: Comments By Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group.more

Smartworks announces investment of US$25 Mn in its new Venture – Smartworks Technology Services.

Strengthens Senior leadership with appointment of Anuj Nangpal as CEO. Mumbai – December 13, 2021: Smartworks, India’s leading Enterprise-focused Managed office space provider, today announced the launch of its new venture, Smartworks Technology Services. The new venture aims to launch a Building Operating Platform and Workspace Management SaaS product targeted at landlords and organizations globally, centered on […]

Smartworks announces investment of US$25 Mn in its new Venture – Smartworks Technology Services.more

Mumbai property registrations at a 10-year high in September 2021

November 11, 2021

The registrations of property in Mumbai, has yet again witnessed a 10-year high in the month of September led by record-low home loan interest rates and incentives offered by developers. As per the data available from the Government’s Department of Registration and Stamps, the month of September 2021 saw 7,799 properties being registered in Mumbai, up […]

Mumbai property registrations at a 10-year high in September 2021more

Chembur witnesses one of the biggest residential deals at Tridhaatu Aranya

September 18, 2021

Tridhaatu Aranya, an under-construction premium residential development in Mumbai’s Chembur suburb has witnessed one of the most expensive transactions in Mumbai’s eastern suburbs where IndoStar Capital Finance Chief Executive Officer R. Sridhar’s family has bought three apartments for Rs 27.25 crore. The 32-storied project Aranya is being developed by realty developer Tridhaatu Realty at Chembur’s Farm Road. Along with Sridhar, […]

Chembur witnesses one of the biggest residential deals at Tridhaatu Aranyamore

To prevent Mumbai from sinking, the government will form a climate change commission.

September 4, 2021

The state cabinet was presented with the Intergovernmental Panel on Climate Change’s global warming report on September 1st, with an overall focus on Maharashtra and an emphasis on its coastal region, notably Mumbai. While conducting the presentation, the environment department called for mitigating actions, stating that if temperatures rise by 2-2.5 degrees Celsius due to […]

To prevent Mumbai from sinking, the government will form a climate change commission.more

Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

Pending home sales in the United States fell for the second month in a row in July.

September 1, 2021

Contracts to acquire previously owned houses in the United States fell for the second month in a row in July, reflecting limited availability that has been unable to keep up with demand from potential purchasers. The National Association of Realtors (NAR) said on Monday that its Pending Home Sales Index, which is based on contracts […]

Pending home sales in the United States fell for the second month in a row in July.more

The Royal Twinkle, Citrus Check Inns properties will be auctioned off by the SEBI on September 25.

August 31, 2021

Sebi, the capital markets regulator, has scheduled 97 Royal Twinkle Star Club and Citrus Check Inns properties for auction on September 25 at a reserve price of more than Rs 350 crore. The move is part of the Sebi’s endeavour to recover cash worth thousands of crores of rupees obtained by firms under the guise […]

The Royal Twinkle, Citrus Check Inns properties will be auctioned off by the SEBI on September 25.more

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.

August 25, 2021

On Monday, India and the Asian Development Bank (ADB) signed a $500 million loan agreement to extend Bengaluru’s metro rail network with the construction of two new metro lines totalling 56 kilometres in length. The agreement was signed by India’s Additional Secretary, Economic Affairs, Rajat Kumar Mishra, and the lender’s Country Director of ADB’s India […]

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.more

MahaRERA offers builders a six-month extension to complete projects.

August 10, 2021

On August 6, the Maharashtra Real Estate Regulatory Authority granted builders a six-month extension to complete projects by approving their request to invoke the ‘force majeure’ clause due to the second wave. This is the second time the authority has provided such a relief to the state’s builders during the pandemic. “All MahaRERA registered projects […]

MahaRERA offers builders a six-month extension to complete projects.more

Dubai property is currently 14% less expensive for an Indian buyer than it was in 2015.

August 5, 2021

Dubai: Buying property in Dubai is still relatively inexpensive for an investor from India or the United Kingdom, compared to what they would have paid in 2015. This is because Dubai house prices have fallen from their 2015 peak — and partly because these foreign investors are benefiting from currency swings. According to a new […]

Dubai property is currently 14% less expensive for an Indian buyer than it was in 2015.more

Category: Investments

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