Paul J. Massey Jr., a Republican real estate executive, announced his intention to seek the Republican nomination for mayor on Thursday, making him Mayor Bill de Blasio’s first contender in the race for City Hall next year. Massey, 56, co-founded Massey Knakal Real Estate Services in 1988, a privately-owned commercial ... Read More »
A single consolidated tax, freeing the real estate sector from 16 major taxes and levies, has the real estate sector pumped. Sector experts believe the proposed national goods and services tax (GST) would streamline the domestic supply chain and have a beneficial effect for home buyers. “Streamlining the sector’s domestic ... Read More »
New Delhi: The goods and services tax (GST), cleared by the Rajya Sabha on Wednesday, is expected to benefit the real estate industry, though the impact will depend on the final GST rate. “The enactment of this law will single-handedly solve many of the challenges faced by the real estate ... Read More »
Donald Trump has released the names of his economic advisers, a list heavy with Wall Street and real estate industry figures, but short of actual economists. The names include several people from the world of hedge fund and private equity firms, including Steven Feinberg, chief executive and co-founder of Cerberus ... Read More »
Donald Trump announced an economic policy advisory council on Friday drawn heavily from real estate and finance executives, ahead of what the Trump campaign is billing as a major address on the economy on Monday in Detroit. Absent from the list of advisers released Friday are Republican policy hands that ... Read More »
The large bay windows offer a great view of nearby Squirtles, while the corner store downstairs is a great place to get eggs. Plus, it’s a PokéStop. Such talk is not just the stuff of comedy anymore as a growing number of real estate ads are noting Pokémon Go amenities ... Read More »
NEW DELHI: Prices of underconstruction apartments may rise by up to 5-10% when the Goods and Services Tax (GST) is rolled out. But, prices of completed apartments will not be affected as GST will not be applicable there. If you have already bought a flat but the entire payment has ... Read More »
Dilip Buildcon raises Rs.219 cr from anchor investors Dilip Buildcon Limited allots 8,958,592 equity shares at Rs. 219 per share aggregating to Rs. 196 Crore (approximately) to 10 Anchor Investors. Some of the major foreign and domestic Anchor Investors are: SmallCap World Fund, Amerian Funds Insurance Series, Abu Dhabi Investment ... Read More »
MUMBAI | BENGALURU: At least a quarter of India’s top-rated office space of 464 million sq ft is expected to get listed by 2019 with an estimated valuation of around $18 billion (Rs 1.2 lakh crore), according to a study. Large institutional investors in India’s commercial real estate are gearing ... Read More »
It wasn’t quite Wembley Arena and his guitar was off at times, but Raghav Prabhu finally lived his dream before an appreciative audience of 50-odd neighbours at their senior housing campus last month. Now he’s thinking of starting a band. Growing up in the 1960s, Prabhu, a Beatles fan, deepfroze ... Read More »
MUMBAI: As many as 24,000 residential unitswere launched in top six metros during April-June period of this fiscal with Bengaluru witnessing the maximum number of launches, a study by Colliers International India said. According to the report, Q2 2016 witnessed the residential sector on the cusp of recovery, as the ... Read More »
NEW DELHI: The Goods and Services Tax(GST) could bring in transparency in the functioning of the real estate sector and even reduce the cost of ownership of homes for buyers, especially if the GST rate is lower than all the current rates put together, said builders and tax consultants. These ... Read More »
