Impact of demonetization on hospitality industry
By Mandeep Lamba Over the short and medium terms, the demonetization drive will have varied effects on the many sections of the hospitality industry in the country, but in the… Read more »
Monthly Archives: November 2016
Demonetisation impacts property deals, but raises hope of cheaper loans
By Anand Singh NEW DELHI (INDIA): Even as the sale of pre-owned houses and developer-built small properties have come to a standstill, the realty industry hopes the quantum of home… Read more »
Housing prices unlikely to come down due to note ban: CREDAI
MUMBAI (INDIA): Realtors’ body CREDAI has said there is no further scope for correction in housing prices in the primary market post demonetisation as rates are already ruling at the… Read more »
$11 billion exits Asia’s emerging markets after Donald Trump win, India outflow the highest
By David Finnerty, Yumi Teso Global funds sold about $11 billion of equities and bonds in Asia’s emerging markets after Donald Trump’s victory in the US presidential election as expectations… Read more »
Britain’s real estate agents hit by ban on tenant fees
By Kate Holton, Costas Pitas LONDON: Shares in leading estate agents tumbled on Wednesday after Britain said it would ban one-off tenant fees to try to bring down the cost… Read more »
Bombay High Court seeks BMC reply on Irrfan Khan, Kapil Sharma’s plea challenging notice
MUMBAI (INDIA): The Bombay High Court has directed the Mumbai civic body to file its affidavit in reply to petitions filed by stand-up comedian Kapil Sharma and actor Irrfan Khan… Read more »
Indiabulls Real Estate to buy-back 6 crore shares for Rs 540 crore
NEW DELHI (INDIA): Indiabulls Real Estate has announced buy-back of up to six crore equity shares of the company for Rs 540 crore. In a BSE filing Indiabulls Real Estate… Read more »
Telangana inks agreement with 32 cement companies for 2-BHK housing scheme
HYEDRABAD (INDIA): The Telangana government on Thursday signed an agreement with 32 cement companies for procuring 27.31 lakh metric tonnes cement for constructing double bed-room houses for poor. The companies… Read more »
Private equity investments down 23% to $10 billion in January-October: Grant Thornton
NEW DELHI (INDIA): Corporate India received private equity investments worth $1.82 billion in October, up 74 per cent year-on-year, while the overall tally for first 10 months this year was… Read more »
Foreigners pile back into Australian property, reignite bubble fears
By Swati Pandey, Jonathan Barrett SYDNEY: Australia’s ‘spring-selling’ real estate season is seeing a defiant return of Chinese buyers, undaunted by lending restrictions aimed at curbing their interest in the… Read more »