Author Archives: Loknath Das

Govt measures may put real estate back on track in 2020

  Property developers are quite bullish on the growth prospects of real estate and are hopeful that the sector will most likely do well in the coming year. The year 2019 proved to be a mixed bag for the nation’s real estate sector. While commercial real estate flourished, that was not the case with residential real estate, although the Modi Read More


Wither The Law Firm Technology Subsidy?

If your firm expects you to have the most expensive data plan, shouldn’t they be giving you something for the inconvenience? I mean, perhaps it’s not an inconvenience because you’re busy streaming Friends episodes on the subway and forcing yourself to pretend you’re watching something clever. But the firm doesn’t know that you’ve got terrible taste in television. Practicing law in the Read More


EXCLUSIVE: India’s top trending business tycoons of 2019, according to Google⁠

India is home to 953 billionaires and family business tycoons who have shaped the Indian economy and, in many ways, the society that is a picture of inequality. Yet, from the Tatas to the Birlas and the Ambanis, top corporate leaders have always garnered interest from people who want to know more about them, their families, their wealth, aside from Read More


The real state of real estate in India

Real estate has different facets: residential, office, retail, land etc. with each facet being impacted by megatrends emerging in the economy. Amidst the talk of people losing jobs, auto sales going down, factories getting shut and a looming slowdown, there is much to despair. However, the fact remains India is still growing at a rate of 5%, which is though Read More


China Retaliates Over Huawei: New Rip And Replace Of U.S. Technology

China has retaliated over Washington’s ongoing campaign against Huawei, with an instruction for public organisations and state offices to rip and replace all non-Chinese computer equipment within three years. There is a benign view that this is a necessary defence on the part of Beijing to protect against further extensions to U.S. sanctions that would remove U.S. technologies from sale. Read More


How Social Media is Shaping the Real Estate Industry

India is a country that houses more than 460 million internet users, making it the second-largest internet market in the world after China. The increase in the number of Internet users has expanded the outreach of digital platforms manifolds. Like every other industry, the phenomenal growth of social media has changed the way the real estate industry functions. Agents have Read More


Real Estate Sector Disappointed; All Eyes On Budget Now

The real estate industry, particularly the housing segment has expressed its disappointment after the Reserve Bank of India (RBI decided to maintain status quo and did not announce a repo rate cut. The Monetary Policy Committee (MPC) decided to take a pause after five consecutive rate cuts this year. MPC lowered the repo rate by 135 basis points between Feb-Oct, Read More


Nirlon share price hits all-time high on inking real estate deal with JP Morgan

Nirlon share price hit all-time high in trade today on signing a real estate deal with JP Morgan. The deal entails JP Morgan taking up approximately 1.15 million square feet of office space in Nirlon Knowledge  Park that is expected to be delivered by the second quarter of 2021. Share price of Nirlon Ltd, which is engaged in the business Read More


Jewar airport to put Noida’s commercial real estate market at par with Gurgaon

NEW DELHI: The construction of an international airport at Jewar in Greater Noida will boost commercial development in the region and help make it an attractive alternative to Gurgaon, real estate developers said. Demand for commercial space will go up and multinational companies can now think of investing here, said Geetamber Anand, chairman of Noida-based ATS Group. “With the announcement of an international airport, Noida Read More


How DLF Plans To Beat The Real Estate Slowdown In India

Real estate firm DLF Ltd. plans to focus on its rental arm and monetise its Rs 10,000-crore finished inventory to beat the subdued demand in the country’s real estate market. “Today, the DLF model has two halves to it—one is the rental vertical DLF Cyber City Developers Ltd. and other is the residential side,” Chief Financial Officer Ashok Tyagi told BloombergQuint in Read More