News & Events

Etisalat to shut India operations - Times of India


AFP

Etisalat to shut India operations
Times of India
NEW DELHI: Dubai-based telecom major Etisalat on Wednesday decided to exit from India and will shut the operation of its Indian arm Etisalat DB-a joint venture with Mumbai-based real estate firm DB Realty-following the Supreme court judgment to cancel ...
India Digest: Etisalat to Shut India OperationsWall Street Journal (blog)
UAE's Etisalat says will close India telecom operationsAFP
Etisalat to quit Indian telecoms marketFinancial Times
Business Standard
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NRIs, here's how to invest in real estate in India - Firstpost


Moneycontrol.com

NRIs, here's how to invest in real estate in India
Firstpost
Given the rupee's depreciation over the past few months, NRIs have been flocking to India's real estate market, even as local buyers shy away. Typically, NRI investors tend to be of two kinds — those who want to earn good returns on their investment ...
NRIs seek stability in real estatePostnoon
NRIs Seek Stability With Indian Real Estate InvestmentsMoneycontrol.com
When rupee is down, real estate is preferred investment for NRIs. Here's NRI's ...Economic Times

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Sensex dips 283 pts, SBI plunges 8% - Times of India


The Hindu

Sensex dips 283 pts, SBI plunges 8%
Times of India
... Led by banking major State Bank of India, the Indian market witnessed its first major correction in about four weeks, with the sensex falling 283 points to close at 18145. Although foreign investors continued to buy, profit booking in real estate, ...
Kingfisher outlook dims further on loan denialNDTV
Kingfisher Airlines near collapseMalaysia Star

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Realtors hope Budget to make business briskier - Business Standard


Rediff

Realtors hope Budget to make business briskier
Business Standard
Jain, who also heads the Confederation of Real Estate Developers' Association of India (Credai), says the palyers were anticipating the forthcoming Union Budget to leave room for the RBI to address the issue of easing the country's monetary policy.
'The interest rate subsidy should be increased'Rediff

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Put on lease - mydigitalfc.com


Moneycontrol.com

Put on lease
mydigitalfc.com
On the other hand, commercial real estate is facing an unprecedented oversupply leading to a sudden fall in demand, which in turn has led to a steady decline of rentals. Most big cities have seen a gradual oversupply on the commercial space front, ...
Mumbai falls from the global top 10 office market: C & WMoneycontrol.com

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JP Morgan Raising $500M India-focused Offshore Realty Fund - VC Circle


JP Morgan Raising $500M India-focused Offshore Realty Fund
VC Circle
BY POOJA SARKAR International financial services group JP Morgan is raising a new India-focused offshore real estate investment fund worth close to $500 million, sources close to the development told VCCircle. A person privy to the development said, ...

Red Fort Capital Invests $30M In 3C's Residential Project In Gurgaon - VC Circle


Red Fort Capital Invests $30M In 3C's Residential Project In Gurgaon
VC Circle
BY TEAM VCC Red Fort Capital has recently raised around $500m from overseas investors for its second India-focused fund. Red Fort Capital, a private equity real estate fund, has invested close to Rs 150 crore ($30 million) in a residential project of ...
Red Fort Invests R150Cr In 3C Developer's Gurgaon ProjectDealCurry
Red Fort Capital invests `150 crore in 3C projectLivemint

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Why Banks Should Force Kingfisher To Merge With Air-India - Forbes India (blog)


Moneycontrol.com

Why Banks Should Force Kingfisher To Merge With Air-India
Forbes India (blog)
The accounts of Kingfisher and Air-India have occupied prime real estate on newspaper front pages for much of the past two-three years. Every nuance of their journey down the tube is being captured up close. Though not many see it, the two are joined ...
KFA puts market in turbulenceIndian Express
Kingfisher outlook dims further on loan denialReuters
Bank bailout for Kingfisher hangs in balanceHindustan Times
Gulf Times -Livemint
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ICAI issues new guidelines for realty, carbon trading cos - Moneycontrol.com


ICAI issues new guidelines for realty, carbon trading cos
Moneycontrol.com
Real estate companies and companies involved in carbon trading will have to change the way they recognise revenues. It's all thanks to a new guidance note issued by the Institute of Chartered Accountants In India (ICAI), reports CNBC-TV18's Payaswini ...

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Realty check: Mumbai slips off list of 10 most expensive office spaces - Indian Express


Indian Express

Realty check: Mumbai slips off list of 10 most expensive office spaces
Indian Express
According to a report by real estate consultants Cushman & Wakefield, Nariman Point saw rentals depreciating by 8 per cent over the last one year. In comparison, most other cities in the US, Europe and Asia-Pacific have seen their rentals rising with ...
Mumbai office shift: Is it about rentals or floor space?Firstpost
Nariman Point drops to 15th most expensive business district globallydomain-B
Nariman Pt no longer among world's 10 most costly biz hubsHindustan Times
Zee News -Moneycontrol.com
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