As demand for luxury homes surges, developers are increasingly focusing on architecture, interior design, and community spaces to meet buyers’ expectations for added value, especially in terms of sustainability, eco-friendliness, and experiential living. A recent JLL report reveals that Delhi-NCR contributed 64% of all luxury residential launches among the top seven cities in the first […]
Mark Mobius believes these sectors are ready for big investment boom – CNBC TV18
Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, continues to express strong confidence in India’s economic potential. Speaking to CNBC-TV18, Mobius identified real estate as one of the most exciting sectors in India. The rising demand for affordable housing among middle- and lower-income groups is creating significant opportunities. With the country’s population expanding, urbanisation accelerating, […]
China’s property market faces challenges despite stimulus, experts say – CNBC TV18
Ed Yardeni, president of Yardeni Research, feels it won’t be easy to attract investors to China’s real estate market and there are challenges. In an interview with CNBC-TV18, Yardeni said there was widespread pessimism before the Chinese government introduced stimulus measures. “I am sceptical, because at the end of the day, what China needs to […]
Kotak Institutional Equities’ Pratik Gupta tells investors to prefer large-caps and be cautious on small-midcaps – CNBC TV18
Pratik Gupta, CEO of Kotak Institutional Equities, emphasises a strategic shift toward large-cap stocks, advising investors to reduce their exposure to small and midcaps due to aggressive valuations, adding that sectors like defence, chemicals, and public sector undertakings remain overheated and overvalued. In contrast, Gupta expresses optimism about underperforming sectors such as private banks, life […]
Max Estates shares gain as New York Life Insurance completes ₹319 crore investment – CNBC TV18
New York Insurance Company has completed the acquisition of a 49% stake in two operational office complexes of Max Estates Ltd, the real estate arm of Max Group. In an exchange filing, Max Estate said that it has received ₹391 crore from the US-based insurer for the acquisition of the stake in Max Towers and […]
Indian investors chase big returns and tax perks post-COVID: Study reveals – CNBC TV18
SUMMARY Degree of returns, regularity of returns and tax benefits are the significant factors influencing the post-COVID investment decisions, said a study jointly conducted by PHD Chamber of Commerce and Industry and Jagan Institute of Management Studies (JIIMS), Rohini. By Poonam Behura September 24, 2024, 10:46:27 PM IST (Published) 1 / 5 A study by […]
Golden Growth Fund to raise Rs 400 cr to build realty projects in Delhi
2 min read Last Updated : Sep 10 2024 | 5:31 PM IST Golden Growth Fund, which is a real estate focused Alternative Investment Fund (AIF), plans to raise Rs 400 crore from investors to buy land and develop real estate projects in the national capital. In a statement, Golden Growth Fund, a […]
Century Textiles shares jump after ₹1,100 crore Worli land acquisition – CNBC TV18
Shares of Indian textile manufacturer Century Textiles and Industries surged 5.5% on Tuesday after it announced acquisition of 10 acres of land parcel in Worli, Mumbai for ₹1,100 crore. The textile major’s stock was trading 5.5% higher as at 3 pm IST to ₹2,484 per share on NSE. Under the transaction, the existing leasehold interest […]
Prestige Estates raises ₹5,000 crore by selling shares via QIP route – CNBC TV18
Realty firm Prestige Estates Projects Ltd has raised ₹5,000 crore by selling equity shares to institutional investors through private placement. The company had on August 29 launched its Qualified Institutional Placement (QIP) to raise funds. In a regulatory filing on Wednesday, Prestige Estates informed that a fundraising committee of the board approved the allocation of […]
Signature Global shares tank 6.5% after 4.1% equity worth ₹828 crore change hands – CNBC TV18
Shares of real estate player Signature Global India Ltd plunged 6.5% on Tuesday, September 3, after 57.2 lakh shares worth ₹828.2 crore changed hands in the block deal window. A total of 57.2 lakh shares, or 4.1% of the realty firm’s equity, changed hands. The shares, valued at about ₹828.2 crore, were traded at a […]