DLF promoters and Singapore’s GIC may sign Rs 13,000 crore deal
Promoters of DLF are likely to sign a deal this month with the Singapore sovereign wealth fund GIC to sell their 40% stake in a rental arm for an estimated Rs 13,000 crore, reported a leading news daily. Read more.
Demonetisation, RERA and GST changed business environment: Surendra Hiranandani
The triple impact of demonetisation, RERA and now GST have brought dramatic changes in regulatory, tax and business environment in India, says Surendra Hiranandani, Chairman & MD, House of Hiranandani. Read more
Massive investment boost to Indian residential sector in 2017
In Indian real estate today, the untrained eye may see a dichotomy in the massive investments pouring into the Indian residential sector and the actual on-ground demand for housing. A similar question mark was, in the past, also attached to the fact that developers kept churning out projects despite the visibly reduced uptake over the last couple of years. Read more