A Boost for Angel Investors, Start-ups, and Real Estate says Laxman Jaiswal on the Union Budget 2024
Eastern India’s leading Infra and e-commerce start up founder, Laxman Jaiswal said in a statement that the Union Budget of India for the fiscal year 2024 has been widely anticipated for its potential impact on various sectors, including angel investors, start-ups, and real estate.
Ghost malls witness a 59% year-on-year rise in India
New Delhi: Ghost malls, which derive their name from their high vacancy rates of over 40%, surged by 59% to reach 13.3 million square feet (msf) in 2023 compared to the previous year, according to a report released on Tuesday.
Budget 2024: Expectations of real estate sector
As the government prepares to unveil the Union Budget for the fiscal year 2024-25, the real estate sector takes center stage in expectations, hoping for impactful policy measures to boost its growth and enhance transparency. Major players in the industry are advocating for targeted interventions to rejuvenate the sector, address housing shortages, and strengthen the positive trajectory initiated by recent reforms.
India tops among leading real estate buyers in Dubai, says report
Indian property investors have surpassed Russians to claim the top position as the leading buyers of real estate in Dubai in 2023, a report released by a real estate company has revealed.
Canada's fast-growing real estate firm Save Max celebrates 12th Anniversary with glitzy Awards Night
Toronto: Save Max Real Estate Inc. held its 12th Annual Awards Ceremony on May 19, to appreciate all their agents, employees and franchise partners for their performance and service for the year 2021.
Young Indians are high earners, real estate demand will rise: Ketan Sengupta
IBNS Correspondent Nitin Waghela catches up with the CEO of Bengal Peerless Housing Development Company, Ketan Sengupta, to understand the present real estate market and how it evolved after the pandemic.
Bengaluru/IBNS: Infosys co-founder Kris Gopalakrishnan has purchased two real estate properties worth Rs 76 crore in Bengaluru’s billionaire street Koramangala, according to media reports.
Celica Group returns to real estate development with luxury residential project in Kolkata
Kolkata/IBNS: Celica Group, a Kolkata-based, diversified multi-sector group of companies, recently announced the launch of their luxury residential project, Celica Residency.
Housing sales crash 66% in India in Q2 due to COVID: Study
Kolkata/UNI: In a report released by PropEquity, India’s leading real estate data, research and analytics firm, sales or absorption of housing units dropped by 66% across top 9 cities in India in the second quarter of 2020 to 21,294 units versus 62,851 units in Q1 2020.
Kolkata/IBNS: Following Union finance minister Nirmala Sitharaman's announcement of the first tranche of measures related to Atmanirbhar Bharat, Sushil Mohta, Chairman, Merlin Group and President, Credai, West Bengal, said he hopes that the minister announces SOPs for the real estate industry and financial packages for migrant workers in the next few days.
-1562338051.jpg "The Union government's focus on affordable housing welcomed by the real estate sector")
The Union government's focus on affordable housing welcomed by the real estate sector
Kolkata, July 5 (IBNS); Although India's benchmark indices reacted negatively to the Union Budget 2019 presented on Friday by Union Finance minister, Nirmala Sitharaman, Prime Minister Narendra Modi has said this budget "is one of hope and it is a budget that will boost India's development in the 21st century."
Incentive for Real Estate sector proposed in Union Budget
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs, Arun Jaitley, in his latest Budget, has proposed some adjustment in the real estate sector in respect of transactions in immovable property,.
New Delhi, May 10 (IBNS): Maharashtra, Uttar Pradesh (UP) and Gujarat together account for over half of the total investments attracted by real estate and construction sector in India as of December 2016, noted a recent study by apex industry body ASSOCHAM.
Real estate, infrastructure investment trusts could raise Rs 50K crore: ASSOCHAM-Crisil
New Delhi, Jan 11 (IBNS): The real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs 50,000 crore in the near term given the interest shown by certain players in the infra and real estate space, noted a recent ASSOCHAM-Crisil joint study.