Mumbai Trump Tower Builder Downgraded By Moody’s Amid Real Estate Crisis
Moody’s downgrade won’t have an impact on the company’s India business, according to Macrotech Highlights Downgrade indicates Macrotech debt obligation subject to very high risk Arrangements in place to repay all of $325 million of bonds: Macrotech Property companies have been increasingly borrowing from shadow banks A Trump Tower developer in Mumbai has been […]
Supreme Court To Hear Jaypee Group’s Plea Against Tribunal Order
New Delhi: The Supreme Court agreed on Thursday to hear tomorrow a plea of Jaypee Group against the NCLAT order which allowed fresh bidding for the debt-laden Jaypee Infratech. The top court said it will hear a plea of homebuyers along with the statutory appeal of Jaypee Group against the July 30 order of National […]
Over 8,000 DDA Flats Allotted In Delhi’s Narela, Vasant Kunj Residential Areas
DDA’s scheme was for sale of nearly 18,000 newly-built flats in Delhi’s Vasant Kunj and Narela areas The DDA or Delhi Development Authority on Wednesday held the draw of lots for its Housing Scheme 2019. The draw of lots for allotment of flats began on Tuesday. DDA had put 10,294 flats on the offer out […]
Finding the Ideal Properties to Buy Online
When you are in the market for a new house to buy, you may not want to waste your time looking at properties that do not align with your budget or lifestyle needs. You want to narrow your search to only look at homes that will suit you and your family well for years and […]
Make Sure Your Company Has These Pieces of Good Business Insurance
You work hard to build a strong business and to attract and retain loyal customers? However, are you prepared against disasters and emergencies? If an unforeseen incident arises, it may shut down your operations, which could cost you money and even the vitality of your company. Be on the safe side and choose the right […]
The Difference Between Business Continuity and Disaster Recovery
If you are an owner of a business, you are entirely responsible for anything that can potentially go wrong. Most businesses primarily conduct business online, and internet servers are far from being impeccable. Outages are hardly ever predicted, but enterprises need to have a system in place to recover from complete dysfunction. It is essential […]
Questions to Ask When Growing Your Construction Business
One sign of growth in a city is a skyline filled with construction cranes as new building sprout up and renovations transform neighborhoods. If you are looking at bringing your general contracting business to a new city, there are a few factors to take into consideration. How Will You Get Your Materials to a Worksite? […]
First-time property buyers, take heart! This Zomato for real estate agents can help you make the right choice
The walls were closing in on Mohit and Nidhi B Sancheti. As first-time buyers of real estate, the couple came face to face with multiple problems: connecting with multiple agents who added no value to the property scouting process, wading through a barrage of information, and struggling to find quality amid the quantity. The problems led […]
Real estate sector to chart new growth story, will grow 35% annually in next 5 years: Niranjan Hiranandani
Though the real estate sector is under stress for the last few years, this could be the beginning of a new growth story, said Niranjan Hiranandani, president (national), National Real Estate Development Council (NAREDCO) and chief managing director of Hiranandani Communities. The survival trick for developers and investors is to adapt to the changing environment and government […]
Real estate stocks biggest losers in market correction since August
Mumbai: Realty stocks have eroded nearly 25%, the most among sectoral indices, since the correction in the Indian stock market started in late August. The change of stance on interest rates and tightening liquidity for non-banking finance companies (NBFCs) hit the sector, which had just started seeing a recovery. While the BSE’s 30-share benchmark index, the […]