Niranjan Hiranandani’s vision for Hiranandani Gardens was born out of frustration. “I lived in Lokhandwala Complex in Andheri. We built 11 buildings there, but when I looked out, the roads were bad, there were no streetlights, no water supply, no drainage,” the billionaire real-estate tycoon said in a recent interview with finance creator Sharan Hegde. … Read more
Real estate trends: The real estate market in key Indian cities, Delhi-NCR and Bengaluru, has witnessed a significant increase in housing prices in peripheral areas over the past five years. This trend is attributed to improved connectivity, infrastructure development, and the strategic location of these suburbs. The growth in these areas has outpaced traditional urban centers … Read more
The Securities and Exchange Board of India (Sebi) has approached the government to allow tax breaks for subscribers of municipal bonds that are crucial for funding infrastructure development at the grass-root levels, a senior official said on Tuesday. The capital markets watchdog will also root for a tax break for municipal bonds during its meeting … Read more