The market movement this past week can be explained quite clearly if you look at the flows. Market expert Sunil Subramaniam in an interview to ET Now said that domestic institutional investors (DIIs) have remained consistent buyers, even during the volatility. The pressure has come entirely from foreign institutional investors (FIIs), whose selling has intensified … Read more
The Wealth Company Asset Management Pvt Ltd, a part of the Pantomath Group, has announced launching the Rs 2,000-crore Bharat Bhoomi Fund — a Rs 1,000-crore Category II AIF with a Rs 1,000-crore greenshoe option under its fifth Bharat Value Fund Series, targeting the real estate sector. The fund is led by Rakesh Kumar — … Read more
Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says the market will initially rejoice on possibilities of US-China sitting down and negotiating and start thinking in terms of positive outcomes. But he will be a little cautious. There are significant challenges or points of disagreement between China and the US. It will take a lot of negotiation … Read more
Real Estate Investment Trusts (REITs) have gained popularity in India, offering retail investors a chance to invest in premium real estate without the hassle of direct ownership. Previously, such opportunities were available only to high-net-worth individuals, but REITs have made commercial real estate more accessible to a wider range of investors. Understanding REITs: the basics … Read more
Uday Kotak, the former managing director and CEO of Kotak Mahindra Bank, along with his family, recently acquired residential property valued at Rs 202 crore in the prestigious Worli Sea Face area of Mumbai. The purchase includes 12 properties within a three-floor development known as Shiv Sagar. According to multiple news reports, the total area … Read more
The debate over whether to purchase or rent housing continues. Individuals grapple with the decision of whether to invest in a home or allocate funds to renting and alternative investment opportunities. Recent reports suggest a noticeable shift toward homeownership, indicating a change in consumer behavior driven by the increasing appeal of property ownership, largely due … Read more
There are many pivotal milestones in many people’s lives. Among these, owning a home stands out as a deeply cherished aspiration for nearly everyone. It represents not just a significant achievement but a defining moment in one’s life, a testament to personal success and stability. In today’s dynamic real estate landscape, discerning buyers must focus … Read more
According to Edelweiss CEO Radhika Gupta, the biggest challenge for senior citizens with property assets is the struggle to convert these assets into liquidity. In a post on X, Gupta points to three common scenarios that hinder this process: “One case involves a tenant who refuses to vacate the house, making it impossible to sell. … Read more
The Income Tax department has clarified that the cost of acquisition of real estate properties purchased before 2001 will be the fair market value (FMV, not exceeding the stamp duty value) as of April 1, 2001, or the actual cost of the land or building for the purpose of calculation of long-term capital gains (LTCG) … Read more
In the ever-evolving realm of India’s real estate, the third quarter of 2023 has brought about unexpected changes, capturing the attention of both investors and industry stakeholders. Amidst this dynamic landscape, the significance of real estate investment with limited capital has come to the forefront. As property prices surge in both commercial and residential sectors, … Read more