The quintessential Indian's yen for investing in real estate continues. The latest data vouchsafes the visible return of investor sentiment for real estate, and the enthusiasm is not limited to traditional property hotspots of the big cities. ANAROCK's recent second edition of its Consumer Sentiment Survey confirms that investors are equally - if not more - upbeat on the prospects that India's Tier 2 & 3 cities offer.
Billions of Indians have given their verdict and the real estate sector has every reason to cheer. After all, the sector got the maximum policy-related attention during this government's first tenure.
Co-living, like car-pooling and co-working, is the result of demand for more evolved rental housing solutions coming from millennials, students and young working professionals whose choices differ vastly from those of previous generations. Currently, this new accommodation option is most popular with young and unmarried millennials aged anywhere between 20-30 years. Professionals who don't live with their families in the city of work are also considering this option.
Inarguably, the Indian real estate vertical that in the direst need of funding is the residential sector. In a perfect world, the private equity that is now pouring into the country's realty sector would focus on where it is needed the most. However, PE firms have their own investment rationale, and Indian residential real estate has been far from attractive to them.
Maharashtra still leads with 20,718 projects & about 19,699 RERA-registered real estate agents Gujarat comes second - 5,317 RERA-registered projects & 899 registered agents and agencies Karnataka - 2530 projects & about 1342 RERA-registered real estate agents; Andhra Pradesh - 307 RERA-registered projects West Bengal the only state with its own real estate law WBHIRA
At the Huawei Financial Services Industry (FSI) Summit in Shanghai this week, the biggest financial services players in China were showcased.
George Soros is about as close to a household name as it gets for a hedge fund manager. He’s legendary for his billions, “breaking” the Bank of England, and is even an alleged mastermind of left-wing, political conspiracy theories. For me, though, Mr. Soros’s theory of reflexivity is his most impressive achievement. Introduced in his book, The Alchemy of Finance, I simply see reflexivity everywhere. In fact, we might be in the midst of a reflexive event of epic proportions as we speak.