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NCR sitting on unsold real estate inventory worth over Rs 77,000 crore: Report

NCR sitting on unsold real estate inventory worth over Rs 77,000 crore: Report

With residential sales on the decline, real estate developers in NCR are sitting on an unsold inventory worth over Rs 77,000 crore, a study has said. Housing sales declined 38 percent in Noida during the third quarter year-on-year while sales numbers fell by 6 percent in Gurguram. In terms of launches, Gurugram witnessed a YoY [...]

February 18, 2020 Loknath Das Real Estate Comments Off on NCR sitting on unsold real estate inventory worth over Rs 77,000 crore: Report

RBI measures for commercial real estate to boost market, economy mood: Yashpal Gupta, Repco Home Fin

RBI measures for commercial real estate to boost market, economy mood: Yashpal Gupta, Repco Home Fin

Repco does not have a very large exposure to commercial loans. But in general, you have to identify the importance of this move. How will life change for a commercial real estate lender? First of all, we have zero exposure to commercial real estate but this move is definitely positive. One, it changes the mood [...]

February 7, 2020 Loknath Das Real Estate Comments Off on RBI measures for commercial real estate to boost market, economy mood: Yashpal Gupta, Repco Home Fin

Indiabulls Real Estate shares jump 5% on upbeat Q2 results

Indiabulls Real Estate shares jump 5% on upbeat Q2 results

Shares of Indiabulls Real Estate Ltd (IBREL) on Monday climbed 5 per cent after the company reported nearly fourfold jump in consolidated net profit for the second quarter of the current financial year. The company’s scrip gained 4.04 per cent to close at Rs 76 on the BSE. During the day, it zoomed 4.99 per [...]

November 12, 2019 Loknath Das Real Estate Comments Off on Indiabulls Real Estate shares jump 5% on upbeat Q2 results

I-T Conducts Searches On Real Estate Business Group In Goa

I-T Conducts Searches On Real Estate  Business Group In Goa

GOA: The Income Tax Department carried out a search operation on Thursday covering six premises of two groups involved in the sale-purchase of hotel resorts at Goa. One of the groups covered currently owns a large property at Goa on which a 5-star resort project is being built. The group is engaged primarily in Hotels & Hospitality, real [...]

October 14, 2019 Loknath Das Real Estate Comments Off on I-T Conducts Searches On Real Estate Business Group In Goa

What ails real estate and how can it be put back on track?

What ails real estate and how can it be put back on track?

The Modi government for the last few years has been doing its best to give a boost to the sagging realty market. Real estate is in limbo. Not only now, but for a long time. Probably from the time the economic downturn began in 2008. Anyway when the global financial crisis gripped almost the entire [...]

September 27, 2019 Loknath Das Real Estate Comments Off on What ails real estate and how can it be put back on track?

Facebook buys startup working on technology that lets you control computers with your mind

Facebook buys startup working on technology that lets you control computers with your mind

Facebook said Monday it’s acquiring CTRL-labs, a neurotechnology startup, as part of efforts to develop a wristband for controlling smartphones, computers and other digital devices without having to touch a screen or keyboard. The moonshot project underscores the world’s largest social network’s efforts to transform how we communicate with one another. Facebook first said in 2017 [...]

September 24, 2019 Loknath Das Technology Comments Off on Facebook buys startup working on technology that lets you control computers with your mind

How Technology Is Being Used By Students To Cheat On Tests

How Technology Is Being Used By Students To Cheat On Tests

Chinese exam officials have taken to monitoring examination rooms as part of their efforts to crack down on cheating in tests in China. (Photo by Visual China Group via Getty Images/Visual China Group via Getty Images) VISUAL CHINA GROUP VIA GETTY IMAGES Technology is defined by two primary characteristics: its ability to enhance particular human [...]

September 13, 2019 Loknath Das Technology Comments Off on How Technology Is Being Used By Students To Cheat On Tests

Government urged to renew ‘do no harm’ pledge on public health

Government urged to renew ‘do no harm’ pledge on public health

 A letter signed by 29 health groups expresses concern that a no-deal Brexit with impact public health standards. Photograph: Alamy The country’s leading health organisations, including those representing doctors, nurses, surgeons and mental health charities, have called on the government to confirm it will abide by its duty to “do no harm” to public health [...]

September 4, 2019 Loknath Das Health Comments Off on Government urged to renew ‘do no harm’ pledge on public health

Landis, A Stanford Real Estate Startup, Raises $15M To Put Americans On The Path To Homeownership

Landis, A Stanford Real Estate Startup, Raises $15M To Put Americans On The Path To Homeownership

Homeownership is considered a core part of achieving the American Dream. However, that achievement is slipping out of reach of many Americans these days. U.S. homeownership has been at record lows throughout this decade. More Americans are renting as a response while managing with stagnant wage growth. The path to homeownership in today’s America has [...]

August 25, 2019 Loknath Das Real Estate Comments Off on Landis, A Stanford Real Estate Startup, Raises $15M To Put Americans On The Path To Homeownership

Will scrapping on Article 370 open up real estate sector in J&K, Ladakh?

Will scrapping on Article 370 open up real estate sector in J&K, Ladakh?

Home Minister Amit Shah on August 5 proposed the scrapping of Article 370 that accords special status to Jammu and Kashmir. The Centre informed Parliament that the state of Jammu and Kashmir (J&K) would be bifurcated into two Union Territories (UTs) – Jammu and Kashmir would become a Union Territory (UT) with a legislature while [...]

August 6, 2019 Loknath Das Real Estate Comments Off on Will scrapping on Article 370 open up real estate sector in J&K, Ladakh?

Space Spinoffs: The Technology To Reach The Moon Was Put To Use Back On Earth

Space Spinoffs: The Technology To Reach The Moon Was Put To Use Back On Earth

The Apollo program was gigantic. The U.S. government spent roughly $26 billion (about $260 billion in today’s dollars, according to one estimate) between 1960 and 1972 to hire contractors and subcontractors who employed hundreds of thousands of people to create and improve on technology that led us to the moon and back. While some of that [...]

July 22, 2019 Loknath Das Technology Comments Off on Space Spinoffs: The Technology To Reach The Moon Was Put To Use Back On Earth

The influx of technology and its impact on education in Indian society

The influx of technology and its impact on education in Indian society

The Influx of technology and Its impact on education in Indian Society If we need an appointment, we use an app on our mobile phones. If we need any house repairs, we book an electrician, a carpenter, a plumber, online. If we are hungry, we call for food using an app-based food delivery service. Technology [...]

July 12, 2019 Loknath Das Technology Comments Off on The influx of technology and its impact on education in Indian society