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4 months

FM Slashes Corporate Tax

In another positive and a bold step to help revive the economy from its slumber, the FM has slashed the corporate tax rates to 25.75% from earlier 30%. This big-bang move will have a rippling impact on all sectors including real estate as it will encourage foreign institutional investors to invest in the country.

4 months

Let's Get Rid of Internet Banking

If you think about the way we have digital banking and web presence structured today, it is actually wrong. Most banks today already have a well developed ‘public’ presence in the form of www site, and a separate ‘secure’ portal as a transaction or services platform “behind the login” – normally called “Internet Banking”. The problem is, that this basic structure is not the optimal configuration for customers, nor for the bank moving forward.

4 months

Indian Government Lifeline May Rescue Over 2.5 Lakh Stuck Housing Units in Top 7 Cities

Total 4 lakh units are stuck in various stages of non-completion across budget segments that don’t fall under NCLT; all units launched during 2013 or before. Of this, nearly 63% (or 2.5 lakh units approx.) are within affordable & mid segments (sub INR 80 lakh budget) across top 7 cities. Long wait to continue for 37% or approx. 1.5 lakh premium homes. Approx. 92,350 delayed units in MMR could get new lease of life, followed by 67,240 units in Pune. Even excluding projects under NCLT, at least 60,700 units in NCR can get revived. These numbers will shrink down a little as projects under NPAs not included.

5 months

Chennai Has Least Delayed Housing Stock of Top 7 Cities

Other than auto & auto ancillary industries, Chennai's realty market banks heavily on IT/ITeS & electronic hardware Chennai housing sales saw 25% yearly rise in H1 2019, higher than Hyderabad’s 12% and Bangalore’s 9% Demand by mid-level IT/ITeS & automobile sector employees give major traction to sub INR 80 lakh budget housing City's real estate sector drew nearly USD 2 billion of institutional investments since 2015 - nearly 14% of total capital deployed in the country

5 months

Real Estate Booster Shot - FM Gives Apt Festive Gift to Homebuyers

With India continuing its face-off with economic slowdown across sectors, the government is on top of its game and taking a heads-on approach to address key issues and support major sectors - including real estate – and give a shot in the arm in these stressful times. In its endeavour to address one of the major issues - of stalled projects within real estate due to fund crunch - the government, as demanded, has created a special window to provide last-mile funding requirements for housing projects that are non-NPA and non-NCLT and yet are stuck due to lack of funding. INR 10,000 crore will be contributed towards this by the government of India.

5 months

The Many Facets of the Aarey Metro Debacle

The verdant expanse of Aarey forests in suburban Mumbai turned into a battleground between environmentalists and authorities. Triggering this confrontation was the BMC-appointed Tree Authority’s clearance to cut almost 2,700 trees in the area to construct a car shed for the upcoming metro line.

5 months

The Digital Relationship Revolution

Everyday we’re making choices in the digital and physical worlds between one brand and another. Sometimes we choose a brand because they provide us with great service, but sometimes it’s simply because they provide adequate service and there isn’t really a better option. Mostly the choice of the interaction isn’t about great service at all; it’s about convenience. Generally speaking it’s not because of their products or their so-called services. It might be the way in which they connect me to certain products or services, but it isn’t generally what they produce.