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PM’s plan for 100 smart cities: Government set to ease norms for FDI in construction

Written by Jayanta Tuesday, 23 September 2014

( 1 Vote )NEW DELHI: The Narendra Modi government is set to substantially ease norms for foreign investment in the construction sector, hoping to drum up interest in the prime minister’s plans for 100 smart cities as well his affordable housing initiative. The government is seriously considering the removal of all restrictions on size and minimum...
 

PM’s plan for 100 smart cities: Government set to ease norms for FDI in construction

Written by Webmaster Tuesday, 23 September 2014

( 0 Votes )NEW DELHI: The Narendra Modi government is set to substantially ease norms for foreign investment in the construction sector, hoping to drum up interest in the prime minister’s plans for 100 smart cities as well his affordable housing initiative. The government is seriously considering the removal of all restrictions on size and minimum...

Indian home prices fell most in 52 nations, says IMF

Written by Jayanta Monday, 01 September 2014

( 0 Votes )NEW DELHI: Is India’s real estate bubble finally bursting? The International Monetary Fund’s recently-launched data series on global housing prices hints at that. Among 52 major markets for which IMF has collated house price data, India has witnessed the steepest fall. IMF’s calculation on the annual percentage change in property...
 

Office rentals may rise by 25 per cent says Cushman Wakefield

Written by Jayanta Wednesday, 20 August 2014

( 0 Votes )NEW DELHI: One would imagine that office rents would go down with a strong bounceback in demand for space from corporates. Pure economics, one would think? Not really. Office rentals are likely to climb up in the coming months because of a shortage of quality spaces in key business districts around the country. “In certain key locations,...

Steep rentals, lack of quality retail real estate making it tough for luxury brands to expand business in India

Written by Jayanta Tuesday, 19 August 2014

( 0 Votes )MUMBAI/DELHI: Niche luxury brands like Italian suit maker Kiton and British shoemaker John Lobb have started bespoke made-to-order services in India, but they are in no hurry to open swanky stores in the country. Reason: inability to find a place on the right location at reasonable rates. “Rentals in India are as high as international...
 

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