Author Archives: Loknath Das

How innovations are changing the dynamics of luxury real estate

Real estate developers are coming up with world-class designs and are attracting buyers from across the globe. The advent of new technologies has improved our lives in every respect. These technologies are also playing a key role in changing the scenario of real estate, including the ‘luxury segment’. Currently, the luxury real estate sector in India is undergoing a colossal Read More

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Why do one in five home health aides live in poverty?

In the US, nine out of 10 home care workers are women and 25% are African American. Photograph: John Taggart/Bloomberg via Getty Images “One of the biggest challenges is explaining that you are not a maid. That your job is not to clean up after everyone,” said Marisol Rivera, who has been caring for elderly and disabled clients in their Read More

Opinion | Let’s not regulate the ease of doing business

A recent observation of the Reserve Bank of India (RBI) has made top executives in corporate India sit up, take notice, and wonder whether our investment rules are too restrictive for our own good. In a set of frequently asked questions (FAQs) on overseas direct investment published recently, the central bank has said that Indian companies are barred from acquiring Read More

PE investor Everstone sees opportunity in real estate lending

Singapore/Mumbai: India and SouthEast Asia focused private equity firm Everstone sees real estate lending as a big opportunity in the current scenario and is evaluating setting up a credit fund to lend to the real estate sector in India, a senior executive told Mint. Founded in 2006 by Atul Kapur and Sameer Sain, Everstone today has a team of over 260 experienced professionals across various geographies, Read More

COMMENTARY || Using technology to support caregivers of older people with dementia

In June, the government of Canada released its long-awaited Dementia Strategy for Canada: Together We Aspire. As a family caregiving researcher for more than two decades and a former family caregiver to my Dad, who had dementia, the strategy was welcome news. But my own research and personal experience suggest that we’re falling short of the aspiration to be “a Canada Read More

Second round of economic measures: Textile, real estate among 8 sectors to benefit

The government finally took note of the economic slowdown that has not only hit earnings, but also dragged the market to multi-month lows since June. Nifty itself corrected more than 1,400 points from record high touched in early June. However, that downside was controlled and the market has turned rangebound for around a month now, thanks to the government starting Read More

Real estate exposure bleeds Altico Capital

Mumbai: Little known Altico Capital became a talking point on Thursday, after the company said it missed interest payment of around Rs 20 crore on a loan from Dubai-based Mashreq Bank. This latest default by a non-banking finance company, when the sector is going through a liquidity crisis, has led to fears of the contagion spreading wider. Formed in January 2004, Altico Read More

6 Key Trends in Bengaluru’s Real Estate Industry for FY 2020

The real estate sector in India has evolved at a rapid pace over the past few years. The government has projected that India shall become a USD $5 trillion economy by 2024-25. For the real estate and construction sectors, there have been numerous challenges, from stressed demand-supply ratio, to the financial health of companies, especially as the sector’s compliance to Read More

‘Real estate relief for stalled projects on the way’

New Delhi: The real estate sector relief expected this week may include solutions for stalled housing projects for the stressed home buyers where projects could not be completed due to funding issues, official sources said, There have been demand for as stress fund to deal with stalled projects and bail out lakhs of stuck homebuyers from both home buyers and Read More

Auto And Real Estate Sector Stocks May Rally On Govt Initiatives

It is highly possible that the government would announce some measures for the real estate and auto sector in the coming weeks. Both these sectors generate a lot of employment and would definitely need some kind of relief measures. A million contractual manufacturing jobs are at risk due to the consumption slowdown, Society of Indian Automobile Manufacturers (SIAM) President Rajan Read More