March 18, 2018
In an interview with ET NOW, Shiv Puri, Founder & MD, TVF Capital Advisors, said, “You cannot have an economy that will grow at 7 per cent or more when 60-70 per cent of the banking system is facing huge issues.” Edited excerpts: ET Now: Is the market a black hole right now? Can you…
March 18, 2018
Resident ial property markets across India’s top 30 cities have shrugged off the impact of demonetisation and absorbed the short-term blow of several regulatory changes aimed at formalising the real-estate sector. In the quarter-ended September, these property markets started showing signs of returning to normalcy as sales registered the best performance in five quarters. Based…
March 18, 2018
India took a long time to get over the socialist hangover of the post-Independence belief that houses were to be provided by the government. It happened in the early 2000s. Billboards and advertisements offered myriad schemes to own a home in the city: “no EMI until possession”, “pay 20% now and 80% at possession”, “get…
March 18, 2018
The spill-over effect of demonetisation, implementation of the Real Estate (Regulation & Development) Act, 2026 and the Goods & Services Tax - a triple ripple - had a dramatic impact on Indian Real Estate Sector in 2017. These three consequential reforms invited a complete overhaul in the property sector, its form and practices. Now, with…