User: divya_rrs Topic: Bombay
Category: Real Estate
1 new since Dec 09 2016 20:05 IST RSS 2.0
 
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Piramal Enterprises bet on corporate lending, aims to double AUM in non-realty lending business 7.12.2016 ET: Finance / Insurance
Piramal Enterprises recently invested Rs 150 crore in sports based entertainment company Smaaash Entertainment, which is co-owned by cricketer Sachin Tendulkar.
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Demonetisation impact on various sectors: Government needs to inject positive sentiment, led by tax cuts 7.12.2016 ET: Indicators
Demonetisation torpedoed India’s economy just when it was getting into a cruise mode, fired by good monsoon-led rural demand and Seventh Pay Commission-enabled urban buying.
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Payout to buyer of flat is business expense for developer: I-T tribunal 7.12.2016 TOI: Mumbai
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Housing.com to re-enter rental business in early 2017 6.12.2016 DNA: Recent Columns
With a likely spur in the home rentals business, especially on the back of demonetization, property portal Housing.com has decided to re-enter the segment from early 2017. "Last year, we had taken a strategic decision to close rentals in order to focus the company on home buying and selling segment, but now we have started preparing for the re-entry and plan to launch it early next year," its Chief Executive Officer Jason Kothari said. With leadership established in its core business, the company is now ready to expand into newer business opportunities in the online real estate space and entering rentals is the logical next move. "While we had planned to relaunch rentals towards end of next year, the recent demonetization move has led to an advancement in the plans. Demonetization is expected to cause a slow-down in the home buying and selling, while it will likely spur growth in the home rentals space, making it an opportune time to relaunch the rentals business," he said. Compared to last year, on a ...
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Sensex climbs 120 points ahead of RBI policy meet 6.12.2016 Deccan Herald - Business
The benchmark Sensex rose almost 120 points in early trade today on optimistic buying by investors ahead of RBI policy review scheduled for tomorrow. Firm Asian cues tracking record closing in the US as worries on Italys political uncertainty faded, bolstered sentiment. Rising for the second straight day, the 30-share index was trading higher by 119.88 points, or 0.45 per cent, to 26,468.98, with realty, power, oil and gas, capital goods, PSU and IT stocks leading the gains. The gauge had gained 118.44 points in the previous session. The NSE Nifty also gained 45.30 points, or 0.55 per cent, to 8,174.05. Brokers said that raising of bets by investors and domestic institutional investors ahead of RBIs bi-monthly monetary policy review and a firming trend at other Asian markets added to the positive mood. Among other Asian markets, Hong Kongs Hang Seng was up 0.75 per cent while Japans Nikkei surged 0.52 per cent in early trade today. Shanghai Composite too rose 0.08 per cent. The US Dow Jones Industrial ...
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Sensex climbs 120 points ahead of RBI policy meet 6.12.2016 DNA: Top News
The benchmark Sensex rose almost 120 points in early trade on optimistic buying by investors ahead of RBI policy review scheduled for Wednesday. Firm Asian cues tracking record closing in the US as worries on Italy's political uncertainty faded, bolstered sentiment. Rising for the second straight day, the 30-share index was trading higher by 119.88 points, or 0.45%, to 26,468.98, with realty, power, oil and gas, capital goods, PSU and IT stocks leading the gains. The gauge had gained 118.44 points in the previous session. The NSE Nifty also gained 45.30 points, or 0.55%, to 8,174.05. Brokers said that raising of bets by investors and domestic institutional investors ahead of RBI's bi-monthly monetary policy review and a firming trend at other Asian markets added to the positive mood. Among other Asian markets, Hong Kong's Hang Seng was up 0.75% while Japan's Nikkei surged 0.52% in early trade today. Shanghai Composite too rose 0.08%. The US Dow Jones Industrial Average ended 0.24% higher in yesterday's ...
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Builders offer great deals after note ban 6.12.2016 DNA: India
In the wake of demonetization, developers from Navi Mumbai have started offering great deals on projects across the satellite city. The Builders Association of Navi Mumbai (BANM) is hosting its mega-property exhibition in Vashi next week — from December 9-12, where more than 100 member developers will lay out the red carpet to woo home buyers post-demonetisation. “Though the talk about 30 per cent drop in prices is populist, participating developers will not only be offering their best rates, but also special offers on payment plans and interest rates to evince interest from genuine buyers looking for a good deal in these times,” said Devang Trivedi, outgoing president of BANM, adding that this may be a good time for genuine buyers to grab the deal before regulations like RERA kick in and dry up supplies, which in turn will lead to rise in property prices. “Even after cash crunch in the market, real estate remains a preferred investment and given the huge gap between demand and supply, it will continue ...
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Second Edition of Dubai Property Show to be held in BKC from 9th to 11th December 5.12.2016 Sify Finance
[India], Dec 5 (ANI-NewsVoir): After an overwhelming response from the Indian market in 2015, Dubai Land Department in partnership with Sumansa Exhibitions once again brings to you the Dubai
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Second Edition of Dubai Property Show to be held in BKC from 9th to 11th December 5.12.2016 New Kerala: Business India
Second Edition of Dubai Property Show to be held in BKC from 9th to 11th December
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Carnival Cinemas appoints Vishal Sawhney as COO 5.12.2016 ET: Entertainment
Sawhney comes with close to two decades of experience primarily in the entertainment, real estate and hospitality industries in India, Middle East and USA.
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'True fruits of attack on black money in 2019' 5.12.2016 Rediff: Top Stories (India)
'The true fruits of the attack on black money, what Raghuram Rajan did for the banking system, and what technology is doing for us will come in FY19, which, not surprisingly, is the year running up to the next Lok Sabha elections.'
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Mumbai family's huge wealth declaration puzzles IT 5.12.2016 All News-IANS Stories
The declaration of Rs 200,000 crore wealth by a four-member Mumbai family confounds the Income Tax Department, especially due to their middle class antecedents, official sources said on Monday.
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Gujarati realtor hands over list of 'real names' behind Rs 13,860 cr to I-T Dept 5.12.2016 News
Mahesh Shah had gone missing after he failed to pay first instalment of tax on the Rs 13,860 cr worth undisclosed money
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Demonetisation effect? Bldrs buy 4 flats for Rs 119cr in own project at Worli 5.12.2016 TOI: Mumbai
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Gujarati realtor hands a list of 'real names' behind Rs 13,860 cr to I-T Dept 4.12.2016 Latest News
Mahesh Shah had gone missing after he failed to pay first instalment of tax on the Rs 13,860 cr worth undisclosed money
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Promising 10% monthly interest on investment in Duo cheats 16 of Rs 51 lakh, with high interest promise 4.12.2016 TOI: All Headlines
Promising 10% monthly interest on investment in Duo cheats 16 of Rs 51 lakh, with high interest promise
Missing Gujarati realtor reappears on TV, claims IDS money worth Rs 13,860 cr not his 4.12.2016 Latest News
Says money belongs "to a group of powerful people, who could be politicians, businessmen and officers"; will reveal names to tax officials
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Missing realtor Mahesh Shah reappears on TV, claims IDS money not his 3.12.2016 News
Says money belongs "to a group of powerful people, who could be politicians, businessmen and officers"; will reveal names to tax officials
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Carlson Rezidor shows interest in buying hotel portfolios 3.12.2016 Deccan Herald - Business
Carlson Rezidor Hotel Group, which will have 82 hotels across the country by the year-end, is open to acquiring hotel portfolios in order to expand its presence, according to a top company official. "With the view of our future investors, we might be much more interested in mergers and acquisitions in general and that does not exclude India," Carlson Rezidor Hotel Group Asia Pacific president Thorsten Kirschke told DH. "I am not sure that we have quite arrived at a point where we want to own real estate in India," Kirschke added. According to Carlson Rezidor Hotel Group South Asia chief executive officer Raj Rana, the company will evaluate likely opportunities in the country but has not looked at anything specifically at this point of time. "We are not looking for individual property acquisitions. As far as portfolio acquisitions are concerned, if the commercials were to make sense and the underlying performance is there, we would evaluate," Rana said. Carlson, which came into India in 1998, by opening a ...
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Lack of cash bites on pay day; memories of full pockets haunt employees 3.12.2016 TOI: India
Most of the payment happens in cash as these people — many of them from Kolkata, Gujarat and Rajasthan — do not have bank accounts. But Jain is now struggling to pay his karigars with the restrictions on cash withdrawals.
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