India is a land of eclectic real estate that has always been catering to the needs and wants of several prevailing segments of buyers, owners, developers, and investors. In case you and your family are looking to change your house in the near future, the million-dollar question for you would be whether you should buy or rent in the new year of 2022
The Mumbai-based real estate-focused alternate asset management firm will raise the fund, including a green-shoe option, in India from institutional investors, family offices and high net-worth individuals (HNIs), a top executive said
The second wave of Covid-19 has put brakes on the recovery of the real estate sector. Property consultants suggest that sales have started falling since April and the situation is likely to worsen if the situation does not improve
Global real estate consultant Knight Frank India chairman and managing director Shishir Baijal in a pre-budget wish demanded A separate annual deduction of Rs 150,000 that will provide the much-needed fillip to opt for house purchase
??Industry representatives said while some hotels have chosen not to entertain new guests, some have stepped up hygiene and sanitization measures which include a new form of greeting instead of the the earlier 'handshake'.
The Bruhat Bangalore Hotels Association has, in a letter to the landlords of hotels and restaurants, proposed “a complete waiver of rentals” and common-area maintenance fee for up to June or till “such time business lockdown ends, whichever is later”.
The Anand Mahindra group company which runs hotels and resorts under the Club Mahindra brand was in advanced discussions for the purchase of the resort that is operated by Novotel and owned by the Imagicaaworld group.
At some airports where they pay minimum guarantee, the lounge operators have asked the operators to reconsider the guarantees due to sluggish business even before the flight operations were shut completely.
The resolution professional who was overseeing the insolvency process of the defaulter company filed a plea before NCLT questioning the attachments made by the Enforcement Directorate after the commencement of the insolvency process.
Oyo will stop managing properties of its prominent brand Oyo Townhouse, meaning the owners will now have to pay the staff and other utilities, according to the new contracts that were rolled out earlier this month.