US-based leading online newspaper Huffington Post is planning to launch an India edition by May this year and negotiations are currently underway to finalise a local partner for this venture.
A sea-facing apartment in Mumbai is considered a trophy asset and if the flat is in South Bombay, it's considered gold mine. Even in times of a downturn, an apartment in the area is always sold at staggering prices. A case in point is the tony Samudra Mahal in upmarket Worli at which apartments have consistently been sold at record prices, but its high profile residents are now an upset lot.<br /><br />
The research found Brazil and China were slightly ahead of India with scores on an average of 2.67. The study however, took pains to point out that even bottom-ranking India has firms that boast world-class management practices.<br /><br />
The median consensus from the poll showed 45 of 50 economists expect the repo rate to be kept unchanged at the meeting and held steady until September before being cut by 25 basis points in the last quarter.<br /><br />
According to Pidilite, the defendant company, by using the mark 'JIVANJOR MARINE PLUS' was infringing upon its (Pidilite's) registered mark and was also guilty of passing off their goods as that of the Plaintiff.<br /><br />
With the fourth largest delegation after the US, UK and Switzerland, it is absurd to see India selling India's absent growth story and its business friendliness.
Black & Veatch's size and a strong balance sheet, mean it can bid for big-ticket projects that few others can manage, outlast the notorious delays, and take on complex infrastructure projects.
Everyone from Finance Minister Chidambaram to India Inc honchos such as Ajay Piramal and Uday Kotak shared their thoughts on India at the World Economic Forum.
Davos is quieter this year than most - but that's probably because business and political leaders know recovery is a long hard road to walk.
Executives in Davos said they remained committed to tapping into rising middle classes from Shanghai to Lagos, but some are pulling back and redeploying resources in particularly difficult, low-margin regions.<br /><br />
This approved investment is more than the earlier estimated cost of the Darlipali Super Thermal Power Project due to increase in land compensation, said a company official.
An estimated Rs 7,700-crore worth of residential and commercial properties as non-performing assets (NPAs) with banks and financial institutions are up for sale and Maharashtra, largely due to Mumbai, tops the list for bad loans to both commercial and residential properties, according to data compiled by NPAsource.com.<br /><br />
"Bangalore is expected to see the second highest absorption in the APAC region and the highest demand in the country owing to expansion of the IT, ITeS and multi-national companies," C&W said in a statement.
The government has increased the ready reckoner rates for Mumbai by 20 percent effective today. Ready reckoner rates are the prices set by the government and are taken as the value of the property for calculating stamp duty and registration charges.
Linking Road recorded rents of $ 1,548 per sqm a year, while Connaught Place recorded $ 1,444 per sqm a year for the third quarter of this year, according to a study by real estate consultancy firm Jones Lang Lasalle.<br /><br />
Banks have direct and indirect exposure to real estate. When the bubble bursts, they are left holding worthless piece of collateral. Banks fail leaving depositors in the lurch and the whole financial system collapses if the government and central bank do not step in and bail them out.
From a purely amoral and economic point of view quantitative easing is not working. The problem lies elsewhere in fiscal, tax and regulatory policy.
While nothing can be done about non-selling larger configurations but reduce prices or sit indefinitely on unsold inventory, the fact is that new developments must be configured for smaller sized units, and therefore greater affordability, if the Mumbai residential market is to see a significant revival.<br /><br />
As many as 1.40 lakh housing units measuring 1,000 square feet remained unsold in Mumbai and the Mumbai Metropolitan Region (MMR) in the second quarter of the current fiscal.<br /><br />
Decline in supply of additional office space is likely to put pressure on rental values in the coming quarters, even as the demand is expected to be<br /><br /> moderate, industry experts say
Housing prices have jumped nearly three-fold on Dwarka Expressway in Gurgaon during last five years to Rs 7,000 per sq ft but slow pace of constuction of highway and litigation issues have become a major hurdle for growth of this corridor, property consultant DTZ has said.
Here's a round-up of what India's real estate developers, industry experts and private equity players have to sat about how the industry will shape out in the next one year.
The Delhi Development Authority's (DDA) new farmhouse policy is changing the market dynamics in the the city's luxury residential segment. Potential buyers of DLF's premium Gurgaon project and South Delhi's most sought after addresses are now flocking to the new 'country homes' that are within the city limits.<br /><br />
MCHI's property exhibition in Mumbai where 50 developers showcased 2,500 properties across city and its suburbs suggests price will not come down sharply despite weak demand from end-users.<br /><br />
Prices for properties on Dwarka Expressway are currently selling at rates ranging from Rs. 6000-8000/sq.ft - this represents an appreciation of over 50% over the corresponding 2011 levels.
This Christmas onwards you won't have to stand in long queues to buy tickets to enter Taj Mahal as the Archaeological Survey of India (ASI) is launching the online booking of entry tickets facility.<br />
The work was bought by an online buyer and the amount paid for the work is hammer price and excludes buyer's premium and taxes applicable.<br />
He goes around issuing new doom and gloom scenarios and talks about currency wars, but you would definitely not expect the NYU Economics professor Nouriel Roubini looking to mingle with 'hotties'.
A survey by Sapience Analytics, a Pune-based technology firm, has found so and also that it takes a good 25 minutes before you return to your work station.