Tag: #Latest News

DDA

DDA allows private developers to bid for its land parcels to build housing projects in Delhi.

August 14, 2019

By Abhay Shah, Realty Quarter With the Delhi Development Authority (DDA) enabling private builders to negotiate for their property holdings, homebuyers can now expect to buy modern apartments in the national capital. The DDA has endorsed the distribution of group housing society’s residential plots through e-auction to people, partnership companies, private and public limited or […]

DDA allows private developers to bid for its land parcels to build housing projects in Delhi.more
Taj Mahal Palace Mumbai

The Taj Hotel chain of Tata Group to sell assets as the economy weakens.

August 13, 2019

By Abhay Shah, Realty Quarter The Indian Tata Group controlled luxury hotel chain seeks to sell some assets and avoid owning new properties in order to keep debt as it slumps consumer expenditure. In an interview, Puneet Chhatwal, Managing Director and Chief Executive Officer, said Indian Hotels Co. Ltd, Tata’s listed company operating the Taj […]

The Taj Hotel chain of Tata Group to sell assets as the economy weakens.more
Godrej

Godrej Fund announced its final close of its $450 million for office development platform.

By Abhay Shah, Realty Quarter Godrej Fund Management (GFM), the Godrej Group’s private equity real estate arm, announced the second and final close of its $450 million office development platform on Tuesday. GFM and the current core Fund, Godrej Build to Core, can now invest over $1 billion in value in/develop office assets. This development has […]

Godrej Fund announced its final close of its $450 million for office development platform.more
Liquidity Risk

What is liquidity risk? What are the liquidity risks involved in an investment?

August 8, 2019

By Abhay Shah, Realty Quarter Liquidity is the capacity of a firm, company, or even an individual to cover their debts without experiencing disastrous losses. Liquidity risk, on the other hand, stems from the lack of marketability of an investment that cannot be purchased or sold rapidly enough to avoid or minimize loss. It is typically expressed […]

What is liquidity risk? What are the liquidity risks involved in an investment?more
Waiver on Stamp duty

A waiver on stamp duty will be given while transferring land to development agencies – Maharashtra.

July 18, 2019

By Abhay Shah, Realty Quarter Owners of the land transferring their property to development agencies, including the MMRDA for ‘public good’ will no longer have to pay stamp duty on transfer. The policy shall be applied in the future. On Tuesday the state cabinet adopted the resolution to waive off the stamp duty on these transfers. […]

A waiver on stamp duty will be given while transferring land to development agencies – Maharashtra.more
DHFL

DHFL got 7 days grace period, after failing Rs.1,000 crore plus obligation deadline.

June 6, 2019

By Abhay Harish Shah, Realty Quarter On Tuesday the Dewan Housing Finance Ltd (DHFL) was supposed to pay the outstanding bonds but, the deadline is passed and the payment is still on due. DHFL has got 7 days grace period later. The company is in discussion with financiers who can help to meet its Rs.1,000 […]

DHFL got 7 days grace period, after failing Rs.1,000 crore plus obligation deadline.more
Startup

Maharashtra is likely to be the Future Startup Capital of India.

June 4, 2019

By Abhay Harish Shah, Realty Quarter The Indian Startup ecosystem in the previous decade has experienced a tectonic change. The amount of start-ups has increased seven times from approximately 7000 in 2008 to approximately 50,000 by the end of 2018. Honourable Maharashtra Chief Minister Devendra Fadnavis, TiE Mumbaí and KPMG-India have recently published two research […]

Maharashtra is likely to be the Future Startup Capital of India.more
REIT

Embassy Office Parks REIT got Rs 3,000 cr debenture approval through private placement.

May 4, 2019

By Abhay Harish Shah , Realty Quarter On Friday, 3rd May 2019, REIT declared that they will raise Rs 3,000 crore through the allocation of debentures on a private placement basis. Embassy Office Parks is India’s first Real Estate Investment Trust (REIT). Embassy Office Parks, a joint endeavor between worldwide venture firm Blackstone and realty […]

Embassy Office Parks REIT got Rs 3,000 cr debenture approval through private placement.more