Navi Mumbai ramps up as captive offices hub
By Karan Singh Sodi – Managing Director (Mumbai), JLL India Navi Mumbai continues to have the most affordable average rent among all micro-markets of Mumbai. The well-planned city also has… Read more »
Monthly Archives: July 2017
Lodha Developers revives IPO plan, to file papers in 6-9 months
Realty major Lodha Developers is reviving its plans for an initial public offer (IPO) and will approach market regulator Sebi in the next 6-9 months with a draft prospectus, a… Read more »
Lodha Group dismisses Brexit’s impact on London’s property market
LONDON: India-based real estate developer Lodha Group has dismissed the perception that Brexit had an impact on the city’s property market, saying Indians still have considerable interest in buying luxury… Read more »
Orient Cement posts Rs 38.92 crore net profit in Q1
NEW DELHI (INDIA): CK Birla group firm Orient Cement Ltd has reported a net profit of Rs 38.92 crore in the first quarter ended June 30, 2017. The company had… Read more »
Madras High Court vacates stay on construction of Nadigar Sangam building
CHENNAI (INDIA): The Madras High Court has vacated its stay on the construction of a building of actors’ forum Nadigar Sangam in Cheenai’s T Nagar area here. A bench of… Read more »
Mortgage brokers feel the heat in Australia’s housing fire fight
By: Swati Pandey SYDNEY: The cosy relationship between Australia’s big banks and mortgage brokers is under threat as authorities worry about risks to the financial system and lenders baulk at… Read more »
GST incentivises investments in SEZs
NEW DELHI (INDIA): The roll-out of the Goods and Services Tax (GST) from July 1 has increased the investment attractiveness of Indian special economic zones (SEZs), while the government plans… Read more »
Benami properties worth over Rs 800 crore attached
NEW DELHI (INDIA): Properties worth over Rs 800 crore are under attachement in more than 400 proxy transaction cases identified since the amended law came into effect, the government told… Read more »
RBI likely to cut repo rate by 25 bps on August 2: HSBC
The Reserve Bank of India (RBI) is expected to go for a 25 basis points (bps) repo rate cut in its policy review meet on August 2 as inflation is… Read more »
Workspace startup WeWork opens China unit backed by Hony Capital, SoftBank
By: Julie Zhu | Elzio Barreto HONG KONG: Co-working space startup WeWork Cos revealed plans on Thursday for a Chinese unit with the backing of China’s Hony Capital and Japan’s… Read more »