FLOOR SPACE INDEX
Facing parking space manipulation by the builder? MahaRERA empowers home buyers against the defaulting promoters
MahaRERA: Now flat buyers don't have to worry about parking space inside the flat, as MahaRERA has passed a order mandating parking space to be accurately communicated in both allotment letter and sale agreement. Read here to know more about the parking order by MahaRERA and how it will help you.
Delhi hotels far from being able to benefit from rising big-ticket events business
Ayush Dabas, owner of Welcomhotel by ITC Hotels in Dwarka, Delhi, is eager to expand his property's facilities to meet the increasing demand for MICE events. However, existing norms make it unfeasible for hotels to increase their floor area ratio (FAR) due to restrictions on parking and ground coverage. This limitation, coupled with high FAR rates for hotels compared to commercial establishments, has hindered the growth of hotel supply in Delhi.
More than just an index and it's not Nifty: A collection of stocks suitable for trading and investing alike
Out of 50 stocks, only 5 of them have delivered negative returns in the last one year. Out of these 5 stocks, three stocks belong to one industrial house which faced headwinds early last year. 7 stocks have delivered more than 100 percent return, 4 stocks have gained between 80 to 100 %, 8 stocks have gained between 60 to 80 %, 5 stocks between 40 to 60 %, 12 stocks have gained between 20 to 40% and 9 stocks have gained between 0 to 20%. So, if you have focussed only on these 50 stocks out of a total universe of more than 3000 stocks which are traded, the probability that you would have been able to make money both in volatile and trending markets and also satisfy your desire to be a trader and investor at same time would have been met. The reason why is stocks? Most retail traders have a tendency to trade with bullish bias and prefer taking long positions rather than going short even when markets are not so bullish.
Hyderabad to witness oversupply of 40 million sq ft office space by 2025
Leading contributors to this surge include Mindspace, Divyashree, Phoenix, GAR Infobahn , and CapitaLand. Separately, other developers like Phoenix, Salarpuria Sattva, and RMZ will play a pivotal role in the supply boost in HITECH City.
MICL Real Estate acquires development rights of 10 housing societies in Mumbai’s Ghatkopar
The company has acquired the rights to redevelop these housing societies through its subsidiary MICL Creators LLP wherein it holds 60% partnership interest. The project will be executed as a cluster redevelopment under regulation 33(9) of the Development Control Promotion and Regulation (DCPR), 2034.
3 sectors Jonathan Garner is bullish on in near term
Well, for stock markets what matters is that any kind of GDP growth outlook translates into a good corporate profit outlook and that is to do with business execution.
- Go To Page 1
Food feeding retail inflation comedown
Food prices continued to pull down retail inflation in April. Within the food basket in the consumer price index (CPI), prices are sticky in cereals and dairy, and the downside pressure is being exerted by meat, vegetables and edible oil. Supply-side responses last year, such as export restrictions, were directed principally at grain and the results have been tepid. Dairy prices are strongly correlated with those of cereals. Edible oils are still vulnerable to geopolitical factors and the disinflationary effect of vegetables is seasonal. As far as food inflation goes, the downside risks are entrenched while the upside risks are transient.
China finally has a rival as the world's factory floor, India: Report
Western nations see India as a natural partner, and the Indian government has been pushing to make the business environment friendlier than in the past.
K Raheja Corp buys rights for 1.53 lakh sq ft FSI in Mumbai’s Wadala for Rs 275 cr
The FSI rights are for the development of the free-sale component of a slum rehabilitation project in Wadala’s Shanti Nagar. The slum rehabilitation part of the project including the new tenements has been completed and has already received its Occupation Certificate (OC).
Five transformative strategies Budget has taken note of based on trends that will shape India
The world is now looking at India. Our development trajectory can be one the world looks to. Focusing on these five trends can set India on a sustained, inclusive and high-growth path. Our path can become a model for the world.
Housing affordability declines in 2022, but within range to support home buying
However, while affordability levels in 2022 have worsened compared to 2021, they remain significantly better than the pre-pandemic levels in 2019. The affordability ratio--Equated Monthly Instalments (EMIs) to total income--has shown a marginal worsening level for the first time in 10 years in 2022, showed a Knight Frank India study.
IFC extends $400 million to HDFC to support affordable green housing in India
IFC’s funding will help HDFC especially focus on its green affordable housing portfolio, with 75% or $300 million of the proceeds earmarked for this sector.
Musk needs ‘massive loan’ or big Tesla sale to buy Twitter
Elon Musk’s proposed all-cash offer to buy Twitter Inc. represents about one-sixth of his $250.6 billion fortune. Yet the vast majority of that wealth is tied to his stake in Tesla Inc., the electric carmaker he co-founded that has surged in value over the past two years and lifted him to the top of the Bloomberg Billionaires Index.
FICCI requests Assam govt to consider bringing in cost-based floor pricing for tea
Ranjit Barthakur, Chairman, FICCI Northeast Advisory Council said, “The Tea Industry, which was instrumental in laying the economic foundation of modern Assam, is in crisis today, and immediate steps must be taken to reinvigorate this industry."
View: Will have to wait longer to find Covid correlation between skirts and growth
The 'hemline index' suggests that the lengths of skirts are correlated with the economy. In times of crisis, the hemline moves towards the floor, while skirts get shorter when the economy is booming.
Ministry of Environment approves Mumbai’s Coastal Zone Management Plan
The decision is also expected to make way for the redevelopment of a large number of eligible housing societies and slums, as these areas can now get a floor-space index (FSI) or permissible development equal to that for the rest of the city.
Day trading guide: Realty index may continue to outperform
Bank Nifty comparatively underperformed in today’s trade as it failed to surpass the 30,000-mark. Within the banking space, PSUBank index continued to outperform, gaining 2.8%. Mixed activity within banking space is likely to continue.
Govt to offer incentives for affordable rental housing complexes development: Hardeep Singh Puri
The govt is extending several incentives including free Floor Space Index (FSI), concessional project finance, free of cost trunk infrastructure facilities amongst others to push the participation in the Affordable Rental Housing Complexes (ARHCs) scheme for urban poor and migrants.
Indian hotels, Claridges in JV Talks
IHCL currently manages the group's Surajkund property which was rebranded as Vivanta by Taj under a long term management contract.
Karnataka open to railway minister’s idea on funding city’s suburban rail project
Piyush Goyal had offered to bear half of the cost of the proposed suburban railway project for additional floor space index (FSI) for development on railway land.
RERA slows down new project launches across Maharashtra: Report
Based on a market assessment, the report stated that the decline may continue for a short term as the developers get adjusted to the new rules.
Logistics hub: Bhiwandi may get FSI bounty
The Mumbai Metropolitan Regional Development Authority (MMRDA) is considering an increase in the floor space index in Bhiwandi near Mumbai .
In crowded Mumbai, open space fetches huge premium
Space is clearly high on the agenda for home buyers in crowded Maximum City and the 50-100% premium low-density projects command show that exclusivity wins any day.
Devendra Fadnavis announces panel to review Mumbai development plan
Fadnavis said the government has been inundated with complaints against the Development Plan (DP), especially existing land use (ELU), reservation and FSI.
Maharashtra hikes ready reckoner rates by up to 20%
The hike is being seen as quashing Mumbaikars’ hope of price correction given residential property sales volume declining for over two years.
Load More
