Tag: #News

BSNL

Eight BSNL properties have been listed for sale at throwaway prices in Chennai.

August 16, 2019

By Abhay Shah, Realty Quarter BSNL Employees Union has asserted that a plan has been drawn up by the state-owned telecommunications operator to sell eight BSNL properties in prime locations at throwaway prices in Chennai. In addition to property parcels in Kilpauk, Royapettah, Egmore, and Ambattur, a list of recognized properties published by the union contain […]

Eight BSNL properties have been listed for sale at throwaway prices in Chennai.more
Property Tax

Types of taxes applicable on Commercial Properties.

August 15, 2019

By Abhay Shah, Realty Quarter Property is one of India’s oldest investment avenues that existed prior to the advent of various financial products such as direct equity and mutual funds. People who invest in commercial properties do so either for their own use or for the purpose of letting them out.   Tax under commercial […]

Types of taxes applicable on Commercial Properties.more
Plot For Sale

A complete guide for investing in a plot to gain high returns.

By Abhay Shah, Realty Quarter With the increasing industrialization and urbanization in different areas of the nation, land accessibility is gradually declining. Investing in a plot over the next ten years is the best time to invest for a very high return on investment, according to experts. The landholdings in India are projected to exceed […]

A complete guide for investing in a plot to gain high returns.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
Real estate

CREDAI and CBRE latest report reveals the real estate sector of India is on a growth path.

August 12, 2019

By Abhay Shah, Realty Quarter According to the CREDAI and CBRE report, the economic transition, employment expansion and urbanization in India will boost investment opportunities in the real estate sector in the coming decade, resulting in considerable growth in housing, office, retail and warehousing. Property consultant, CBRE has reported that the industry will grow tremendously until […]

CREDAI and CBRE latest report reveals the real estate sector of India is on a growth path.more
Nirmala Sitharaman

Nirmala Sitharaman held meetings to discuss real estate sector issues and measures to be taken to strengthen the industry.

By Abhay Shah, Realty Quarter On 11 August, after the industry and homebuyers met with Finance Minister Nirmala Sitharaman to emphasize their issues regarding liquidity crunch, demand slowdown and stalled projects, the government proposed it would soon solve the problems that are affecting the real estate sector. The Minister of Finance conducted two separate meetings on August 11 – the first with the two apex realtors’ industry bodies CREDAI and NAREDCO, and the second with homebuyer associations to address the problems related to the property industry and measures to improve […]

Nirmala Sitharaman held meetings to discuss real estate sector issues and measures to be taken to strengthen the industry.more
Supreme court

Home buyers accept SC judgment that helps to recover its dues on stalled projects.

August 10, 2019

By Abhay Shah, Realty Quarter The judgment of the Supreme Court on Friday reaffirming the privileges of end-use home buyers as economic creditors under the Insolvency and Bankruptcy Code (IBC) is anticipated to provide security and hope of regaining their dues, particularly in projects that are stuck for a long time with no delivery in […]

Home buyers accept SC judgment that helps to recover its dues on stalled projects.more
RBI

35 bps rate cut welcomed but more needs to be done.

By Shishir Baijal, Chairman & Managing Director, Knight Frank India “In light of the present economic distress in the country, we welcome the move to bring down REPO rate by 35 bps however, we would have really expected to see a more substantial cut is the need of the hour for its effective transmission to […]

35 bps rate cut welcomed but more needs to be done.more
Real Estate Market

RATE CUT IN EXCESS OF 100 BPS – THE ONLY WAY TO KEEP THE REAL ESTATE HEAD HIGH!

By Shishir Baijal – Chairman & Managing Director, Knight Frank India The Indian economy is going through testing times. What was initially being perceived as a sector-specific degrowth has now panned out to be an overall economic slowdown.The automobile and fast moving consumer goods (FMCG) industries are in a slump, job markets are strained with […]

RATE CUT IN EXCESS OF 100 BPS – THE ONLY WAY TO KEEP THE REAL ESTATE HEAD HIGH!more
Knight Frank

With 8.8% cap rate for commercial assets, India remains favourable market investment destination: Knight Frank Report

Mumbai, 26th July 2019 –Knight Frank, the independent global property consultancy, has come up with commercial research on Asia Pacific Capital Markets. With ongoing trade tensions and heightened economic uncertainties, many Asia-Pacific central banks have opted for a more dovish stance on their monetary policies. In the past six months alone, five Asia-Pacific central banks […]

With 8.8% cap rate for commercial assets, India remains favourable market investment destination: Knight Frank Reportmore