Many people invest in property to get a regular rental income from it. But what if you don’t get a proper rental income on your property? Below are the general guidelines which can be followed in order to achieve higher rental income. It is often difficult for homeowners to assess the correct balance between the […]
How to determine an optimum rental amount for your apartment?more
The interest of private equity firms in Indian real estate continues undiminished, with investment in the sector rising to Rs 39,182 crore in the first three quarters of 2019, up 19% from the previous year. They have infused over 83.5% of these funds as equity capital, which reflects an appetite for Indian real estate industry. Private equity […]
PE investment in real estate has received Rs 39,182 cr in the first 3 quarters of 2019.more
On 18 October 2019, the Supreme Court refused to entertain a plea filed on behalf of scam-hit bank account holders Punjab and Maharashtra Cooperative (PMC), seeking to lift restrictions imposed on cash withdrawals by the Reserve Bank of India (RBI). The petitioner Bejon Kumar Mishra told the lawyer Shashank Sudhi to file his petition on […]
Supreme Court rejects depositors’ plea for increasing withdrawals limit on PMC bank.more
On Friday, the Central Board of the Reserve Bank of India (RBI) reviewed the current economic situation, international and domestic problems and various fields of activity. The analysis is taking place in the midst of a more marked economic slowdown and recent PMC loan manipulations flagging a new threat to banking governance and NPA frauds. […]
RBI reviews the ongoing slowdown and the economic situation happening in various sectors.more
The Confederation of Real Estate Developers Associations of India (CREDAI-Pune Metro) has stated that the Registration of Real Estate Regulatory Authority (RERA) should not be required for the housing projects which have received the completion or occupancy certificate before the implementation of the RERA Act in Maharastra. Prior to the implementation of RERA Act, the registration […]
CREDAI seeks exemption for the projects that have received CC & OC before the RERA was enforced.more
On Friday, Indiabulls Real Estate Ltd (IBREL), announced a buyback of up to 5 crore shares per Rs 100 which could cost the company up to Rs 500 crore. The amount of the buyback is more than twice as high as the current BSE share price, which stands at Rs 43.40. IBREL told in a regulatory […]
Indiabulls Real Estate Ltd triggers Rs 500 crore buyback of shares.more
The state finally accepted the nine-year-old recommendation of the Heritage Conservation Committee to obtain the iconic building in Kala Ghoda and to ensure its restoration in an effort to preserve the Esplande Mansion, an architectural landmark that has been reportedly in decay. In an affidavit filed at the High Court of Bombay on Thursday, the Urban […]
Maharashtra State directed MHADA to take over the 155-year-old Esplanade Mansion and restore it.more
Private equity retail arm Xander has agreed to purchase 20 acres of land in J K Gram, Thane, from the largest textile company Raymond Ltd for Rs 700 crore. Another Rs 1,700 crore will be invested by the buyer to develop the site. The plot at the Raymond Junction near the Singhania School has a […]
Raymond sells its Thane plot to a private equity firm for Rs 700 crore.more
According to a study conducted by the JLL, the Indian real estate market will have cumulative institutional investments worth around $50 billion in 2019, which include both foreign and domestic investments, as a result of large relaxation on investment norms concerning to Foreign Direct Investment (FDIs) and institutionalization of investments in a manner of REITS […]
India to receive $50 billion of Institutional Investment by the end of 2019.more
The Bombay High Court has restricted the Canara Bank from taking over the Bungalow in Worli area, Mumbai, from one of its borrowers and the Guarantor of a loan under the SARFAESI Act, 2002. The bungalow, which has been mortgaged to use a credit line, extends over almost one-third of an acre and is priced […]
Bombay High Court prohibits Canara Bank from acquiring Worli Bungalow.more
