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GST, infrastructure status props up warehousing realty growth
Publish on : 2018-12-04 10:51:03
 MUMBAI: The implementation of the Goods & Services Tax (GST) has sparked significant structural shifts in the Indian warehousing segment with smaller and fragmented warehouses getting consolidated into centralized warehousing hubs and an increasing focus on supply chain efficiencies.  Betwee...
Shadow banking crisis is now starting to hit India's consumers
Publish on : 2018-11-29 10:47:29
Karan Dua, an electronics shop owner in south-central Mumbai, placed his hope of crackling sales on Diwali -- the festival of lights when Indians splurge on everything from clothes to cars and jewelry to houses.  It hardly lit up business for the 35-year-old shop owner. Businesses like Dua’s are s...
JM Financial set to raise Rs 1,250 crore via retail bonds
Publish on : 2018-11-26 13:27:16
MUMBAI: JM FinancialNSE 2.02 % Credit Solutions (JMFL), a non-banking finance arm of JM Fin Group, will raise up to Rs 1,250 crore through retail bond sale, indicating that investors are likely to regain confidence in the sector.  The company, which lends to real estate builders, will offer rates...
L&T, Tata Power want a piece of Aarey forest land
Publish on : 2018-11-20 11:55:12
Activists blame government for opening up green belt for commercial use. After a series of land diversions in the Aarey forest in the last few decades, more applications are coming up for land allotments from private organisations and government.  Documents obtained by this newspaper under the RT...
WeWork India leases office area in Bengaluru, Mumbai and Gurugram
Publish on : 2018-11-17 11:53:33
October, WeWork’s India arm had picked 0.5 million sq ft of office space in one of the largest deals by a co- working company across the Mumbai Metropolitan Region and Bengaluru. “Traditional office setups include exorbitant real estate expenses amounting to 9-12% of overall operating costs wherea...
80% Navi Mumbai housing launches in affordable, mid-income segment in 5 years: Report
Publish on : 2018-11-13 11:04:27
MUMBAI: Nearly 80% of the overall residential projects launched between 2013 to first half of 2018 in Navi Mumbai were in the affordable to mid-income segment with price bracket of less than Rs 40 lakh and Rs 40 lakh to Rs 80 lakh, respectively, showed a report by ANAROCK Property Consultants and...
Indiabulls Housing Finance to sell stake in OakNorth
Publish on : 2018-11-10 12:25:04
Mumbai: Indiabulls Housing Finance plans to sell all or part of its 18.7 per cent stake in UK-based OakNorth Holdings within a month to a private equity fund. The deal, if it goes through, will help the company rake in over six times gain on investment in less than three years.  OakNorth Holdings...
Tata Realty frontrunner to buy Chennai land for Rs 500 crore.
Publish on : 2018-10-31 13:05:24
BENGALURU|MUMBAI: Tata Realty and Infrastructure Ltd (TRIL) has emerged as the frontrunner to acquire a 22-acre land parcel in Chennai from Xander Investment Management and Realvalue Promoters for about Rs 500 crore, two people aware of the development told ET.  If TRIL clinches the deal, it will...
Oberoi Realty Q2 profit more than doubles
Publish on : 2018-10-25 11:20:57
Realty developer Oberoi Realty NSE -3.46 % has reported nearly 105% on-year rise in consolidated net profit at Rs 213.83 for the quarter ended September.  Total income for the quarter also grew 101% to Rs 619.78 crore, the company said in its regulatory filing.  The company earned revenue worth R...
Building home in Mumbai costliest at Rs 3,125 per sq ft
Publish on : 2018-10-19 12:25:23
Cost of construction for a residential apartment in a mid-rise building in the city is the highest among the top urban centres in the country at Rs 3,125 per sq ft, according to a report.  Delhi and Pune came a close second in average cost of construction at Rs 2,750 per sq ft, followed by Chennai...

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