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KPFO Ventures, the investment arm of Kolte Patil Family Office and Cerestra Ventures, have entered into a joint venture to foray into the fractional ownership space with an initial portfolio of $100mn. Cerestra Ventures—a real estate private equity fund with AUM of $170 mn—and KPFO will invest through Winvest, a build PropTech platform that will […]
By: Anuj Puri A reverse mortgage is a special type of loan against a home that allows the borrower to convert a portion of the equity in the property into cash. The equity built up over many years of home loan payments can be paid directly to the borrower. However, unlike a traditional home equity
Reverse mortgage needs a product redesign to take off Read More »
GURUGRAM: With property tax arrears climbing to around Rs 932 crore, coupled with a slow recovery of the current year’s demand of Rs 235 crore, the Municipal Corporation of Gurugram is not only struggling to generate revenue but also staring at a funds crunch. In terms of property tax dues, Zone 2 (Udyog Vihar and
This points to the need for bringing the construction and real estate industry up to par with world standards.The recent collapse of two buildings in Chennai and New Delhi has once again highlighted the issue of structural stability and the lack of enforcement of rules and codes by municipal bodies and developmental authorities. While several
Time for a quality check Read More »
Deutsche Bank said on Monday that it appointed Amit Sheshinski, an executive director at Morgan Stanley, to head its real-estate origination and advisory business in Australia, as it attempts to build back its business in the country. At Morgan Stanley in Sydney, Sheshinski worked on transactions for high-profile clients in the property sector including Blackstone,
Deutsche Bank appoints Australia head of real-estate advisory Read More »
The recently approved Model Tenancy Act, 2021 is expected to help create an effective rental market in India and urban India’s 21.72 million rented households offer a huge market opportunity for market participants to focus on housing projects solely for rental purposes, said a joint report by Knight Frank India and legal firm Khaitan &
Report, Real Estate NewS ET RealEstate Read More »
Small Savings Schemes: छोटी बचत योजनाओं जैसे सुकन्या समृद्धि, नेशनल सेविंग्स सर्टिफिकेट्स (NSC) और PPF पर ब्याज दरें घट सकती हैं. कुछ मीडिया रिपोर्ट्स में दावा किया जा रहा है कि केंद्र सरकार छोटी बचत योजनाओं की ब्याज दरों में कटौती पर फैसला ले सकती है, ऐसा हुआ तो 1 जुलाई से छोटी बचत योजनाओं
Stimulus Package: कोरोना महामारी से बुरी तरह प्रभावित हुई अर्थव्यवस्था में नई जान फूंकने के लिए आज सरकार राहत पैकेज का ऐलान कर सकती है. दरअसल, वित्त मंत्री निर्मला सीतारमण आज 3 बजे एक प्रेस कॉन्फ्रेंस करने वाली है, जिसमें संभावना जताई जा रही है कि वो स्टिमुलस को लेकर कोई बड़ा ऐलान कर सकती
Mutual Fund SIP: कई मायनो में पैसा कमाना आसान होता है, लेकिन पैसे को बचाना और उसे सही जगह निवेश करना सबसे मुश्किल काम है. निवेश के कुछ मूल सिद्धांतों में सबसे जरूरी है कि, निवेश की शुरुआत जल्द से जल्द करना. म्यूचुअल फंड एक्सपर्ट तो यहां तक सलाह देते हैं कि जिस दिन आप
Stimulus Package: कोरोना महामारी से जूझ रही अर्थव्यवस्था को पटरी पर लाने के लिए सरकार ने आज फिर एक नए आर्थिक पैकेज का ऐलान किया है. वित्त मंत्री निर्मला सीतारमण ने कई ऐलान किए हैं. 1. क्रेडिट गारंटी स्कीम (Credit guarantee scheme) का ऐलान किया गया है, जो माइक्रो फाइनेंस लेंडिंग के जरिए दी जाएगी.
Dr. Reddy’s Laboratories Ltd on Monday announced the commercial launch of 2-deoxy-D-glucose (2-DG). According to a press release issued by the city-based drug maker, Dr. Reddy’s will supply the drug to major government as well as private hospitals across India. In the initial weeks, the company will make the drug available in hospitals across metros
Dr. Reddy’s Laboratories announces commercial launch of COVID-19 drug 2-DG Read More »
Having charted out a clear roadmap for Jaguar Land Rover towards future electrification, will now be bringing 10 new battery-electric vehicles by 2025 for the standalone entity. In his address to the shareholders in the 76th Annual Report, N Chandrasekaran, chairman of Tata Motors, said, “By 2025, Tata Motors will have 10 new BEV vehicles,