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  • realty-market-L | The Financial Express
    S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock

    Original URL path: http://www.financialexpress.com/article/economy/the-silver-realty-market-opportunities-arise-as-india-gets-older/208547/attachment/realty-market-l/ (2016-02-08)
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  • Housing sale down 4% in 8 cities in 2015; 6.9L units unsold | The Financial Express
    While the office market grew from strength to strength residential did not perform as expected Residential segment continued to face slowdown with launches at a five year low despite the festive season Sales in 2015 were lower than 2014 levels Despite the 125 bps rate cut by RBI demand did not see an uptake Our outlook for 2016 remains muted To further revive the demand it is important to transmit the benefits of the rate cuts to consumers Baijal said In the Delhi NCR market housing sales fell marginally to 48 503 units in 2015 from 48 630 units in the previous year However launches of new homes fell by 20 per cent to 63 458 units in NCR The unsold inventory in NCR stands at 2 06 lakh units at the end of 2015 On housing prices Knight Frank India National Director Residential Agency Mudassir Zaidi said the prices grew by an average 3 per cent last year However he said the rate of growth has come down from 9 per cent to 3 per cent in the last 36 months In contrast to the housing segment Knight Frank India s Executive Director North and Capital Markets Rajeev Bairathi said the office space absorption stood at 40 4 million sq ft highest since 2012 in six cities Mumbai NCR Bengaluru Chennai Hyderabad and Pune Delhi NCR witnessed absorption of 7 4 million sq ft of office space last year Supply of quality office space is now a concern with vacancy levels at an eight year low Rentals have firmed up as a result he added Among sectors driving growth IT ITeS continues to lead with start ups This year however we saw e commerce and start ups contribute to the office space uptake in a major way Going forward we have to wait to see if this trend continues Bairathi said First Published on January 28 2016 9 24 pm Tags Housing Finance Real Estate Please Wait while comments are loading More on this story The Silver Realty Market Opportunities arise as India gets older Real estate Higher unsold inventory fewer residential projects mark 2015 Shapoorji Pallonji enters affordable housing segment Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to

    Original URL path: http://www.financialexpress.com/article/economy/housing-sale-down-4-in-8-cities-in-2015-6-9l-units-unsold/203595/ (2016-02-08)
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  • Real estate: Higher unsold inventory, fewer residential projects mark 2015 | The Financial Express
    markets in India Although the residential market did witness some lows with 13 drop in launches YoY this has in turn helped in bringing down the stress by cutting down the inventory We presume upward pressure on prices with an expected 7 weighted average price hike in the next six months Satish B N Executive Director South Knight Frank said In Mumbai Metropolitan Region new launches were down by 23 compared to H2 2014 and demand shrunk by 6 Price growth was marginal at 3 making it a good time end user to buy a home Budget housing segment Rs 30 60 lakh continued to witness distress with Navi Mumbai Peripheral Central and Western suburbs witnessing drastic drop in demand Thane emerged as the silver lining with demand increasing by 13 with good connectivity to office market Premium South Mumbai market witnessed 108 jump in new project launches to 208 units in H2 2015 Outlook for 2016 Encouraged by the improving sales volume we believe that developers will start pushing new projects in the coming six months In H1 2016 new launches and sales are estimated to jump by 8 and 10 respectively compared to the same period of the previous year Knight Frank said Our outlook for 2016 remains muted To further revive the demand it is important to transmit the benefits of the rate cuts to consumers Shishir Baijal Chairman and Managing Director Knight Frank India said Office market sees shortage of quality space The office market witnessed severe shortage of good quality space with the demand consistently surpassing supply since 2014 Vacancy levels reached an eight year low of 15 8 in 2015 from 17 in 2008 It had peaked to 21 in 29012 Bengaluru had the lowest vacany level in the country at 8 and Pune followed with 11 3 Similar to 2014 demand surpassed new completions in 2015 as well While 40 8 million sq ft of office space was absorbed in 2015 only 35 5 million sq ft was delivered This helped in bringing down the vacancy level in the past year In terms of absorption 2015 managed to surpass the 2014 numbers While 38 3 million sq ft of space was absorbed in 2014 it increased by 7 in 2015 Chennai and Pune led in terms of annual absorption growth at 37 and 15 respectively In terms of new completions NCR and Bengaluru witnessed the fastest growth at 56 and 13 respectively Rents in most of the cities have increased steadily since the last two years Going forward this trend is expected to continue in the coming six month period with Pune and Bengaluru projected to grow at the fastest pace the Knight Frank report added First Published on January 28 2016 7 55 pm Tags Real Estate Please Wait while comments are loading More on this story The Silver Realty Market Opportunities arise as India gets older Housing sale down 4 in 8 cities in 2015 6 9L units unsold Shapoorji Pallonji

    Original URL path: http://www.financialexpress.com/article/economy/real-estate-higher-unsold-inventory-fewer-residential-projects-mark-2015/203577/ (2016-02-08)
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  • Shapoorji Pallonji enters affordable housing segment | The Financial Express
    that the Joyville platform will strictly adhere to the plans of providing affordable housing in the price bracket of Rs 20 lakhs to Rs 50 lakhs and there will be no deviation mid way Our selling prices will be in the range of Rs 3 500 to Rs 5 500 per sq ft and may vary a little with cities like Mumbai However even if the prices around the area are going up there is no way that we will start increasing the prices Yes there would be some price increases due to inflation and over the life of the project but by and large we will stick to a pricing Through Joyville Shapoorji plans to provide houses in the ticket price ranging from Rs 20 lakhs to Rs 50 lakhs per unit In Mumbai however this will range between Rs 30 lakhs and Rs 65 lakhs The units will be available in 500 550 square feet in one BHK category and the larger 2 and 3 BHKs will be available in the 1 000 1 100 sq ft sizes The company s first project under Joyville brand will be launched in Howrah near Kolkata in West Bengal by the end of January while in Mumbai Metropolitan Region the company will launch a project in Virar by March Another project in the IT corridor of Pune in Hinjewadi is expected to be launched in December The project sizes will range from 1 2 million to 5 million sq ft and the company plans to have 8 10 projects spread across cities like Mumbai Pune NCR Chennai Kolkata Bengaluru and Ahmedabad Venkatesh Gopalkrishnan business head Joyville Shapoorji said In the first phase of development which will take about seven years to complete we are targeting 20 million sq ft development First Published on January 28 2016 12 22 am Tags Real Estate Shapoorji Pallonji Please Wait while comments are loading More on this story The Silver Realty Market Opportunities arise as India gets older Housing sale down 4 in 8 cities in 2015 6 9L units unsold Real estate Higher unsold inventory fewer residential projects mark 2015 Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day

    Original URL path: http://www.financialexpress.com/article/industry/companies/shapoorji-pallonji-enters-affordable-housing-segment/203158/ (2016-02-08)
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  • Print: Maharashtra rent control act: Solution pending – The Financial Express - Page 99
    the market rental values of these areas are exorbitantly higher For some tenanted houses built before 1940 the Act has frozen rents even at pre 1940 levels Urban planners and activists have blamed the legislation for completely throttling the rental market in Mumbai letting several buildings run into disrepair While drafting a new housing policy the state government was considering excluding tenants living in houses with a carpet area of over 860 square feet and tenanted commercial spaces with a carpet area of over 500 square feet from the ambit of the legislation impacting 8 per cent of tenants Following multi party protests including from BJP s own leaders and the party s ally Shiv Sena the government quickly changed stance saying it had no intentions of amending the Rent Control Act But the tenants are now demanding conversion of their tenancies to ownerships Politically the tenants body is crucial for all the major parties Areas like Girgaum Lalbaug Parel and Dadar having a number of small and mid sized tenanted properties have been Shiv Sena bastions Entrepreneurs from South Mumbai a number of who operate out of rented units are BJP voters The Congress too draws support from areas like Colaba Mumbadevi and Byculla which have a large number of rented buildings Laxmikant Biyani a tenant in Sonawala Building on Marine Drive said I don t remember any issue in the past many years where all political parties have struck the same chord It is clear The parties that support the tenants movement will get votes He added the landlords are very few with several owning about 700 800 houses each Dilution of the Rent Control Act against tenants will render several lakh people homeless and benefit a handful of landlords We are not against landlords We just want

    Original URL path: http://www.financialexpress.com/article/economy/maharashtra-rent-control-act-solution-pending/208516/99/print/ (2016-02-08)
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  • Congress | The Financial Express
    Hyderabad BJP today accused Congress of doing hate politics by dividing students on caste lines and said Dalit student suicide Congress demands apology from PM Latching on to the revocation of suspension of four Dalit scholars of Hyderabad University Congress today demanded immediate sacking of HRD Minister Smriti Irani and Labour Minister Bandaru Dattatreya and an apology by the Prime Minister for Irani s misconduct Sack Smriti Irani for misleading people on Dalit s suicide Congress The Congress on Thursday demanded the sacking of Human Resource Development Minister Smriti Irani from the cabinet for misleading people about the suicide of Dalit research scholar Rohith Vemula in Hyderabad BJP Minister Smriti Irani reactions to Rohith Vemula case show Centre is anti Dalit says Congress Scholar Rohith Vemula s suicide in Hyderabad University shows the anti Dalit attitude of the central government the Congress said on Thursday CM sat on Congress plea for Rahul Gandhi s stay at guest house Sanjay Nirupam Congress today accused Maharashtra Chief Minister Devendra Fadnavis of cold shouldering its request seeking stay for the party vice president Rahul Gandhi at state guest house here during his recent visit to the city a charge denied by the CM 1 2 3 4 5 6 7 8 9 10 11 39 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock Bihar too Horoscope By Peter Vidal Today 08 Feb This Week 07 Feb 13 Feb Home Markets 2016 02 07 10 49 39 Outlook GDP data Q3 earnings to set market tone GDP IIP and consumer inflation will dictate market movement this week

    Original URL path: http://www.financialexpress.com/tag/congress/ (2016-02-08)
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  • Bharatiya Janata Party | The Financial Express
    above average in an opinion poll released today but the rating of Prime Minister Narendra Modi is higher than that of his government AAP chief Arvind Kejriwal slams President s rule in Arunachal Pradesh invokes L K Advani Delhi CM and Aam Aadmi Party AAP chief Arvind Kejriwal on Tuesday criticised imposition of President s rule in Arunachal Pradesh invoking BJP veteran L K Advani s concern about emergency like conditions in the country Women barred from going to Shani Shingnapur Temple in Maharashtra call it black day Women were on Tuesday barred by police from proceeding towards the famous Shani Shingnapur Temple here to offer prayers as they sought to defy the centuries old tradition at the temple against entry of women Happy Republic Day BJP chief Amit Shah hoists tricolour at party office L K Advani at home BJP president Amit Shah on Tuesday unfurled the tricolour at the party headquarters here while party veteran L K Advani hoisted the national flag at his official residence on the occasion of the 67th Republic Day Netaji Subhash Chandra Bose s grand nephew joins BJP Netaji Subhash Chandra Bose s grand nephew Chandra Bose on Monday joined the Bharatiya Janata Party BJP 1 2 3 4 5 6 7 8 9 10 11 118 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock Bihar too Horoscope By Peter Vidal Today 08 Feb This Week 07 Feb 13 Feb Home Markets 2016 02 07 10 49 39 Outlook GDP data Q3 earnings to set market tone GDP IIP and consumer inflation will dictate market movement

    Original URL path: http://www.financialexpress.com/tag/bharatiya-janata-party/ (2016-02-08)
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  • Women barred from going to Shani Shingnapur Temple in Maharashtra, call it ‘black day’ | The Financial Express
    will go to the temple Desai told media persons Anticipating trouble the temple trust had deployed 250 volunteers 60 women volunteers and another 250 police personnel besides another 40 odd private security guards to secure the temple and prevent the women activists from entering A three level steel barricade like the rings of planet Saturn of which Lord Shani is a manifestation was erected by the temple while police had set up barricades at strategic intervals on all the approach roads to the village The situation was tense in the village since Monday night as the Bhumata Ranragini Brigade had warned of hiring a helicopter and climbing down in ropes if they were stopped but late Monday night the Pune collector declined permission for the chopper The unique open temple has no walls or roof A self emerged svayambhu five foot high black stone stands on a platform and is worshipped as Lord Shanidev The temple platform stands in the centre of the small village also known as Sonai and attracts millions of tourists and devotees from across the country and abroad However barring the temple priests none is permitted to climb the nine steps up to the actual stone idol that represents the deity Everybody must only offer prayers from below the platform said a temple trustee Prafull N Surpuriya Shani Shingnapur is globally known as the only village where houses do not have doors and locks and the village remains theft free Even the nationalised UCO Bank s branch in the village does not have locks on its doors Belief has it that thieves cannot steal or burgle in the village which is protected by Lord Shani and misfortune and divine punishment would befall anyone who attempts to steal Although the temple itself has a much older history the present form of management of its activities is over five centuries old Surpuriya said First Published on January 26 2016 10 24 pm Tags Bharatiya Janata Party India Maharashtra Women Please Wait while comments are loading More on this story Maharashtra rent control act Solution pending Fleet Review President Pranab Mukherjee reviews naval fleet off Visakhapatnam coast Sanam Teri Kasam box office collections at Rs 1 25 cr on first day Valentine s Day near but booster shot for love story missing Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news

    Original URL path: http://www.financialexpress.com/article/india-news/women-barred-from-going-to-shani-shingnapur-temple-in-maharashtra-call-it-black-day/202640/ (2016-02-08)
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