A lecture on investing in Indian real estate will be held at The John Marshall Law School featuring expert insights on opportunities and challenges in this market.
India's housing sector's GDP contribution is projected to rise from 5% to 6% due to increased investment, but the 2012-13 Budget lacks substantial support for the real estate industry's growth.
Chennai Realtors Seek Enhanced Tax Exemption to Boost Real Estate Market
Real estate funds are struggling to attract HNIs due to poor performances and lack of attractive returns. Experts attribute this to recent market setbacks and extended exit periods.
NRIs are investing in residential real estate in large Indian cities, drawn by financial stability and a desire to stay connected to their motherland. This trend is driven by both emotional and investment motives.
The BJP critiques the draft Land Acquisition Bill, advocating for farmers' rights to land ownership and suggesting lease agreements over outright acquisition.
Sahara Group challenges SEBI's order to return investor funds with 15% interest. The case will be heard on July 4, 2011. Sahara criticizes SEBI for publicizing the order.
CapitaMalls Asia plans to invest INR 1,800 crore in India to fund existing malls and develop seven new ones in key cities by 2013.
Chief Minister Prithviraj Chavan inaugurated a web-based portal for issuing clearances for new building projects in Thane, aiming to enhance transparency and efficiency.
DLF to Sell IT Parks, Hotel Business to Reduce Debt by 7,000 Crore
JP Morgan has financed $30 million for Parsvnath Developer’s La Tropicana residential project in New Delhi, allowing Red Fort Capital to exit with a 30% return.
Mumbai's commercial real estate market faces a significant downturn, with a 68% drop in demand. Experts predict an interesting year ahead for the sector despite challenges.
LIC Housing Finance plans to expand its senior citizen homes business across India, aiming for a public listing within five years. The company has completed projects in Bangalore and Bhubaneswar, and is now eyeing Jaipur, Haridwar, and Goa.
Puravankara Projects Ltd. may enter the hospitality sector in 6-8 months, but is currently focused on residential projects, particularly in South India.
In March, India's foreign direct investment fell 11% year-on-year to $1.07 billion, highlighting the need for policy improvements amidst declining FDI trends.
Supreme Court queries Sahara group on fundraising schemes, seeks guidelines and agent list by Thursday
The Income Tax Department is investigating real estate deals in New Delhi to combat black money and tax evasion. They will scrutinize developer funding and individual transactions.
DLF Brands expands into fashion retail through a partnership with Mango and the launch of a new multi-brand showroom chain in India.
India is gearing up to host its first Formula One Grand Prix, spearheaded by Jaiprakash Gaur, founder of Jaypee Group. The race will be held at a new "sports city" being developed near New Delhi.
A recent CREDAI workshop in Mangalore, led by Minister Krishna J Palemar, addressed illegal construction and the need for more parking areas and road expansion.
India's revised Direct Tax Code (DTC), effective 2011, simplifies income tax laws, impacting real estate. Key changes include taxing actual rental income and retaining home loan interest deductions up to ₹1.5 lakhs.
Emerging markets outpace developed nations in real estate performance, with increased lease demand but falling rents in many surveyed countries. India shows promising rental and capital value growth.
Tata Capital and Mizuho Securities collaborate to establish a $500 million India-focused private equity fund, attracting global investors.
Lutron, a global lighting controls major, plans to enter the residential apartment market in India. The company aims to double its business in the next few years, despite market challenges.
Shapoorji Pallonji Group aims to enhance ownership in infrastructure as it nears its 150th anniversary, emphasizing roads, ports, and power developments.