SHORT TERM RENTALS
IMC India leases office in Mumbai’s BKC at Rs 700 per sq ft/month for short tenure
The company has leased nearly 43,000 sq ft office space on the 34th floor of sea-view premium commercial tower Altimus in central Mumbai for a long-term tenure of 10 years at monthly rental of Rs 350 per sq ft.
How to invest in the real estate sector with a small amount of capital?
There are ways in which investors with even little capital can invest in the real estate sector which is booming. These methods offer rich dividends and individuals can manage their investment portfolio successfully.
I received Rs 70 lakh after retirement. Where should I invest this amount for good return?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
Holiday home demand tapers off as rentals fall
Goa is becoming a first-home market with interest from businessmen and startup founders. Luxury second homes are in demand, especially in locations like Porvorim. Coonoor Estates is developing high-end luxury homes for buyers looking to settle down.
Solar eclipse boosts travel as Americans chase rare celestial event
The upcoming solar eclipse drives high demand for lodging and travel in the United States. Airbnb, AirDNA, and Hertz report significant surges in bookings and prices, with international visitors flocking to witness the celestial event.
BHIVE launches its maiden hard commercial real estate sale at Brigade Metropolis, Bengaluru
BHIVE Properties, the commercial real estate investment arm of BHIVE Group, is offering retail investors the chance to own Grade A commercial property in Bengaluru. The property, located at Brigade Metropolis, is pre-leased for 15 years, providing stable monthly returns. Retail investors will have direct ownership of an allotted area and can earn annual rentals of up to 10.6%, with an expected internal rate of return exceeding 15% per annum
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Frontdesk prop tech startup fires entire workforce in two-minute Google Meet call
Frontdesk, a prop tech startup, shocked many by firing its entire 200-person workforce in a brief Google Meet call. The CEO cited financial struggles, hinting at a state receivership. Despite $26M funding, their short-term rental model faltered, leading to operational woes. This abrupt move raises concerns about similar firms. The incident echoes a 2022 British company layoff, highlighting challenges in the job market's changing landscape.
Indian office market sees steady demand uptrend; key cities’ rentals remain stable
The resilience exhibited by the Indian economy despite the global headwinds and availability of talent continues to help the office property markets in key cities sustain the growth trend.
Bengaluru sees 8.98% returns from housing; how much returns can you get from your house?
At 9.94%, 10-year returns from housing is the highest at Kochi among 10 urban cities, as per the data by BankBazaar.com. Is buying a house an investment or a living expense? If it is an investment, how much return can you expect from your property? Find out here
Financial planning for armed forces personnel: How to go about it?
"Once you retire, you need to have a house and need to plan for your kids’ higher education, for marriage, a car maybe and then have a holiday here and there as well. For that, you need to plan it properly and have adequate insurances. Do not be over insured like a lot of people think that the insurance cover is not sufficient enough under the army group insurance and so let us go for too many insurances. It will not help you to be honest."
Long term investors should consider corrections in valuations as opportunities: Sanjay Mookim
So to characterize all of this, the hole that was created in the Indian economy due to the lockdowns in the past has now largely been filled.
Hyderabad surpasses Bengaluru with highest new office supply in FY23
The commercial office space market in the top 7 cities of India experienced a mixed performance in the fiscal year 2023, with the first half doing much better than the second. According to the latest data from ANAROCK, Hyderabad emerged as the frontrunner, surpassing Bengaluru, with the highest influx of new office supply.
Not worried about short term pressures; we expect to bounce back soon: Sameer Khetrapal, Jubilant FoodWorks
I genuinely believe there is enough opportunity. I have driven programmes which are multi-year programmes, efficiency programmes. So, I do see that kind of opportunity having spent now more than six months in the company, I am very confident that these initiatives or a culture that I want to build of continuous process improvement, be it starting from discounts to food cost, logistics cost, manpower cost, store operations cost and G&A will carry us through irrespective of how the market pans out.
Should you buy or rent your furniture? Here is a cost comparison
Can’t be bothered to lug around belongings every time you move? You could rent furniture and appliances, but don’t overlook the hidden costs.
Short term sell call on a housing finance company & sideways option trade in a private bank
In January 2023, its price made a failed attempt to cross its September 2022 level. The Price was facing overhead supply from its September peak. Thereafter, it has formed lower highs and lower lows. Recently, the price has closed below its previous swing low near Rs 360, which suggests that further weakness is expected in the upcoming days.
Portugal ends Golden Visas, curtails Airbnb rentals to address housing crisis
Portugal's golden visa programme, which offers EU passports to non-EU nationals in return for investments including in real estate and has been criticised for sending house prices and rents up, will end, Prime Minister Antonio Costa said.
EU court rules Airbnb must provide rental info to tax authorities
The ruling comes in response to a challenge from Airbnb to an Italian law from 2017 requiring Airbnb and other short-term rental sites to forward information from their rental contracts to tax authorities and to withhold 21% from the rental income and pay it to tax authorities.
Looking to financially prepare for medical emergencies? Here are 5 things to remember
Nothing is more important than our health. We need to be financially ready to handle whatever life throws at us. In recent times, the Covid-19 pandemic and its impact have added impetus to the importance of being financially prepared for medical emergencies.
Should you rent an electric vehicle (EV) before buying one? Here is a cost comparison
More and more electric vehicles are hitting Indian roads. Test the waters before you take the plunge.
EU wants Airbnb, rivals to share bookings data with authorities
The EU executive's proposal comes as popular tourist destinations such as Paris, Venice and Barcelona blame Airbnb for aggravating housing shortages by pushing out lower-income residents.
Earn by ‘hosting’ via Airbnb: 15 ways to increase your rental rate
Profit from the unused space in your house by renting it out for short-term stays to travellers.
Goa preferred destination for second home buyers due to high rental yields: Reports
According to Savills, individuals are opting for rented villas in gated communities as well as independent ones across Porvorim, Parra, Assagaon, Saligao, Anjuna and Siolim, where the rates per night range from Rs 15,000 to even Rs 100,000 depending on size and rooms of villas.
Airbnb obliged to provide information to tax authorities: EU court adviser
Airbnb has in recent years found itself at loggerheads with authorities in several European Union countries, arguing that taxation and other requirements contravene the EU principle of the freedom to provide services across the 27-country bloc.
5 energy & metal stocks to bet on in short term: Hemang Jani
“Given the backdrop of rising crude prices, we would be very positive on names like ONGC, Oil India and of course some of the metal names like Hindalco, Nalco, Coal India and the base metal space like nickel and steel. It is a good short term tactical play at this point of time.”
Office space leasing increased by 89% QoQ in Q3 2021: Colliers
Hyderabad tipped Bengaluru to become the most dominant market in Q3 2021
SpiceJet gets lease rental waiver of Rs 300 crore for 4 Boeing MAX aircraft
The 13 MAX aircraft in its fleet have been leased from five lessors. The airline recently announced that it has agreed on a settlement with two lessors — Avolon and CDB Aviation — to bring back four aircraft into service by September-end. They said the airline expects to negotiate a waiver of about ₹700 crore in lease rentals for the other nine aircraft which were also grounded owing to suspected faulty computer systems.
Property market to touch USD 1 trillion by 2030; number of people employed in sector to grow at 7 cr: Housing secretary
Housing and Urban Affairs Secretary Durga Shanker Mishra further said that the states have been asked to soon implement the Model Tenancy Act, which was passed by the Union Cabinet in June this year.
Model Tenancy Act explained by Urban Affairs Minister Hardeep Singh Puri
Minister of Housing and Urban Affairs Hardeep Singh Puri discusses the merits and challenges of the Model Tenancy Act for rental housing in India with ET Now's Nayantara Rai.
Short only if you can take losses in near term: Sandip Sabharwal
The shorting strategy will play out for people who can take losses in the near term.
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