In the run up to the Budget 2020, which was the first full budget of Modi 2.0, the real estate had great expectations. With the industry facing one of the steepest challenges in the last two decades amid falling sales as well as new launches, the expectations were not entirely […]
Settle The Issues That Affect Indian Housing Sector
A recent cover story in TheEconomist focused on what it termed as the “horrible housing blunder”. It outlined how an obsession with home ownership in the West has driven up home prices, and undermined growth. It rightly placed the blame on supply side constraints, and on underlying political economy issues. Similar issues […]
Affordable Housing Logistics To Get A Spur From Sovereign Funds
The country’s affordable housing and logistics sectors could be potential investment targets for sovereign wealth funds (SWFs), on the back of tax exemptions announced in the Union Budget 2020 early this month. The Budget granted 100% tax exemption on interest, dividend and capital gains income to SWFs investing in infrastructure. […]
FDI In Real Estate Jumps By 84.4 %
India’s real estate received $16.6 billion worth of foreign direct investment (FDI) in 2015-2019, a whopping 84.4% increase over the quantum of investments that flowed into the country in 2005-2014. Overall, since 2005, when restrictions on FDI in real estate were lifted, the sector has received more than $25 billion […]
ESR Advisers Opine That Realty Slow Down Assisting Warehousing COS Unlock Land Prices
The slowdown in the residential real estate segment is helping warehousing players to unlock large land parcels through joint venture and development agreements, said Abhijit Malkani, co-CEO at ESR Advisers India. ESR, one of Asia’s largest developers and operators of logistics and warehousing facilities, follows an asset-light model. It has […]