A long-drawn sales slowdown coupled with the entry of large players has forced over 50 per cent of developers to exit the realty market in top nine Indian cities, with the number of operating developers going down from 3,538 in 2011-12 to just 1,745 in 2017-18. Experts hint that there could be more churn in [...]
July 9, 2019
Loknath Das
Real Estate
Pune has emerged as the easiest city to live in India according to the Ease of Living Index 2018 released by the Ministry of Housing and Urban Affairs today. About the Ease of Living Index The survey is a first-of-its-kind inaugural one started this year by the govt. It surveyed a total of 111 cities [...]
December 15, 2018
Loknath Das
Home Deco
We’ve reported how Millennials are looking for something more than money and benefits from their jobs. These are areas where small businesses often fail to keep pace with larger companies. Those bigger employers are able to wave a little more cash around and offer things like health insurance and 401k retirement plans to new recruits. Small businesses [...]
April 10, 2018
Loknath Das
Business
Every year when the budget is round the corner, each sector presents its wishlist for the government. Post this Union budget 2017-18 the positive movement on the real estate indices conveyed the sentiment from the budget providing the much-needed push to the realty sector. Although there was an expectation towards the government acceding to the [...]
February 14, 2017
Saheli
Real Estate
Saskatoon gets top marks when it comes to the health performance of the city and its citizens, according to a new ranking comparing 10 Canadian cities. The Conference Board of Canada released its first-ever City Health Monitor report on Tuesday, assigning grades for the physical and socio-economic health of 10 cities based on 24 indicators [...]
December 13, 2016
Saheli
Health
In the approach to the Smart Cities Mission, the Modi government’s objective is todrive economic growth and improve the quality of life of people by enabling local development and harnessing technology as a means to create smart outcomes for citizens. A senior company executive of China’s Huawei Technologies said that the company wants to play [...]
October 14, 2016
Saheli
Technology
HYDERABAD: Payment solutions provider Mastercard is keen on collaborating with the Union and state governments to provide technologies for the Smart Cities initiative, Porush Singh, country corporate officer (India) and division president (South Asia), MasterCard, said on Thursday here. Speaking at the 45th Skoch Summit, Singh said, “As a global payments technology company, Mastercard has [...]
September 8, 2016
Saheli
Business
Mumbai: Demand for real estate, particularly residential properties, in smaller cities and non-metros is expected to rise powered by the Smart Cities Mission and development of industrial corridors and expressways, a report said. According to the report by real estate body CREDAI and property consultant Cushman & Wakefield released Thursday, initiatives such as Smart Cities [...]
August 6, 2016
Saheli
Real Estate
The growing number of smartphone users, the increased mobile Internet usage and number of app developers collectively contribute to the growth of mobile app revolution in India. The application market in India is likely to grow by more than four times, to $626.23 million (around Rs 3,800 crore) by 2016, according to a report. About [...]
July 25, 2016
Saheli
Home Deco
The cost of purchasing a home, already sky-high, has continued to rise across the country—more than twice as fast as inflation, on average—leaving many to wonder how they could possibly come up with the necessary cash for a down payment. (Is it possible for one to sell both kidneys?) Home prices were up 5.2% in [...]
June 1, 2016
Saheli
Real Estate
In a number of cities in America, you’ll need to earn well over the U.S. median income to afford an average home. The average American needs to make a little over $51,000 a year to afford the median-priced home—including principal, interest, taxes and insurance—in the U.S. This assumes the buyer has good to excellent credit (and [...]
April 3, 2016
Saheli
Real Estate