Author Archives: Loknath Das

Adani Capital acquires Essel Finance’s MSME lending business

Adani Capital Pvt. Ltd, the non-banking financial company (NBFC) arm of Adani Group focused on small and micro-entrepreneurs, has acquired Essel Finance’s micro, small and medium enterprises (MSME) loan business. Through the acquisition, Adani Capital has secured a loan book of around ₹145 crore, operating out of 10 cities, comprising approximately 1,100 customers and 40 employees. This is the second asset Read More

3 Crazy Ways Real Estate Could Change in the Next Decade

  Real Estate is an industry that in many ways hasn’t changed too much over the past several decades. Sure, it’s much easier to research homes online, but the general fee structure and other characteristics of the industry are ripe for disruption. With that in mind, although nobody can see the future, it’s fun to think about where the real Read More

Lessons from ISRO, cricket, technology figure in Modi’s ‘Pariksha pe Charcha’

New Delhi: From Indian’s moon mission to cricketing excellence, Prime Minister Narendra Modi on Monday took reference from everyday life to tell students about how to deal with failures. During an interaction with school students ahead of the exam season, Modi in his annual ‘Pariksha pe Charcha’ event in New Delhi, said the new decade will be of those who Read More

Anti-Profiteering Whip To The Real Estate Sector

Anti-profiteering provisions enacted at the time of transition into Goods and Services Tax (‘GST’) regime have been a bone of contention between the businesses and the Governments across various jurisdictions, India being no exception. As per the relevant statutory provisions in India, the scope of anti-profiteering provisions mainly cover passing of benefit received on account of reduction of the tax Read More

Budget 2020: This would fuel the real estate growth story in 2020

Budget 2020 India: HFCs are an important player in the financial system because of their role in providing access to Housing finance to various sections of the society. We look forward to the upcoming budget to help create more avenues for accelerated growth and sustainability of Housing Finance Industry. We hope the upcoming budget helps us in the following way: Read More

Stock market update: Realty shares up; Indiabulls Real Estate climbs 5%

NEW DELHI: Realty shares were trading in the positive zone in Monday’s morning session. Shares of Indiabulls Real Estate (up 4.95 per cent), SOBHA (up 2.93 per cent), Brigade EnterprisesNSE 2.15 % (up 2.38 per cent), Prestige Estates Projects (up 1.42 per cent), Oberoi Realty (up 0.8 per cent), DLF (up 0.8 per cent), Mahindra Lifespace Developers (up 0.66 per cent) and Sunteck Realty Read More

Real estate developer launches property exchange app

AHMEDABAD: Gujarat-based real estate developer 7 Oak has launched “Bada Property Exchange Application” to ease the process of discovering and exchanging properties. The platform would enable customers from Indian cities and towns identify individual properties that need to be exchanged across locations. “A customer from Gujarat may for insance, put her flat in Ahmedabad for exchange against a property – shop, flat or plot of land Read More

Avoid these mistakes while getting an education loan

If your course costs you 15 lakh, you must calculate boarding and other living expenses and decide your loan amount so as to not borrow more than you require as it will make repayment easier. Representative Image  |  Photo Credit: Getty Images KEY HIGHLIGHTS Avoid going with the first lender. Shop around for the lowest interest, compare interest rate and other Read More

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Five ways to improve your mental health in 2020

It’s a difficult birth for this new decade. The year 2020 kicks off under the shadow of divisive politics, international security threats, a spate of hate crimes, and a planet in environmental peril, plus all the reasons we’re stressed individually: work, health problems, life changes and more. No wonder so many of us are anxious or depressed. But you can take scientifically validated Read More

Budget 2020: Will real estate sector get some respite; here are some recommendations

Budget 2020-21: CREDAI has recommended some measures that association believes will further encourage private sector investment in affordable housing. Union Budget 2020 India: Indian real estate sector, contributing about 8 per cent of the country’s GDP, has its eyes fixed on the upcoming budget as it seeks measures (which will help boost GDP as well) for the sector’s revival. While Read More