March 18, 2018
NEW DELHI: Revival is the investment theme for Dalal Street this calendar year. But the most optimist analyst is puzzled how select realty stocks have joined the market’s bull run when the sectoral fundamentals look so very sluggish. The real estate sector emerged as the top index performer in 2017 after remaining underdog for the…
March 18, 2018
MUMBAI: The government’s decision to allow 100% Foreign Direct Investment (FDI) under automatic route in the real-estate broking services is expected to boost the segment as this would enable international brokerage companies to invest in Indian counterparts and also set up their own subsidiaries here. The move, according to experts, would help in formalizing the…
March 18, 2018
MUMBAI: Legendary Gazal singer Jagjit Singh’s widow Chitra Singh and her grandson Armaan Chowdhary had approached Maharashtra Real Estate Regulatory Authority (MahaRERA) seeking refund of around Rs 1.75 crore paid to a realty developer. The regulator has dismissed the complaint citing the matter is of civil nature and does not involve any contravention or violation…
March 18, 2018
Talking to ET Now, Arun Nanda, Chairman, Mahindra LifeSpace, says for the affordable segment, the GST will have to be reduced if the prime minister’s vision of housing for all for 2022 has to be met.Edited excerpts: Anand Mahindra recently said that he believes affordable housing will be the Mahindra Group’s biggest opportunity next decade.…