Inn June 2016, the Lok Sabha (the lower house of Indian parliament) passed a comprehensive Benami Transactions (Prohibition) Amendment Bill 2015, with the intent of bringing unaccounted money into the financial system, as well as seizing benami (anonymous or proxy ownership) property and prosecuting those indulging in such activities. The…
After a prolonged period of sluggish performance, Hyderabad, the state capital of Telangana, is expected to witness rapid growth in terms of real estate with increase in demand supported by infrastructure development and investment from IT companies. In Hyderabad, the IT/ITES (information technology and information technology-enabled services) sector employs over…
The organised retail sector in India has undergone remarkable growth in last decade, thanks to favourable demographics, growing consumer aspirations and brand consciousness. Correspondingly, the fashion retail category has also undergone profound transformation over the years in terms of type and positioning of brands, formats, products and emergence of new…
Looking to invest in real estate? Even though the Indian real estate market is going through a difficult phase, real estate remains one of the best asset classes based on its long-term performance. It makes sense to buy properties right now as prices are low and the market is expected…
According to property consultancy JLL India (Jones Lang LaSalle India), the Indian retail real estate market is on the up-tick. Vacancy levels of retail commercial shops/mall spaces decreased in 2015 despite more commercial properties being ready for occupancy. One of the factors for the improvement in the retail real estate…