Author Archives: Loknath Das

11 Biggest Real Estate Mistakes And What To Learn From Them

  As a real estate professional, you are constantly being challenged. You need to make decisions that ultimately affect your buyers and sellers and, of course, your business. These choices can lead you down one of two paths: success or failure. Mistakes are inevitable, as with any venture, but your response to those mistakes can mean the difference between a Read More


Manhattan real estate prices and sales fell ahead of tax changes

Manhattan apartment buildings Manhattan real estate sales and prices took a fall in the fourth quarter, and they’re likely to slide even further this year after the new tax rules take effect. Total sales volume fell 12 percent compared with the fourth quarter of last year — the lowest quarterly level in six years, according to a report from Douglas Read More


Indian real estate is on an upward trajectory

A boom in affordable housing can help make a dent in the malaise of joblessness. Photo: Aniruddha Chowdhury/Mint India’s real estate sector witnessed some significant developments over the past year-and-a-half. These have changed the face of the industry and augur well for it in the long run. The sector has become more transparent and organized owing to recent policy changes Read More


RCom exits wireless business to cut debt

Anil Ambani, chairman of Reliance Communications addressing a press conference in Mumbai. (PTI Photo) MUMBAI: Reliance Communications (RCom) chairman Anil Ambani on Tuesday said the company will resolve its outstanding debt issue with lenders by selling its spectrum, cell towers, optical fiber network and real estate properties. This will result in RCom exiting the wireless telecom business and paring its debt to Rs 6,000 crore from Rs 45,000 Read More


How to keep a family business running after 200 years

Two generations of the Loane family – from left, Bryan Loane, Morgan Loane and Scott Loane The rumours that swirled around the American east coast city of Baltimore in 1895 were grossly inaccurate. The word on the street was that the Loane family business had shut. So Javez Loane, who at the time ran the business that made sails, window Read More


India business optimism positive, but is lowest in 4 years: Report

NEW DELHI, DEC 26:   Business leaders in India remained largely positive, but their level of optimism has dropped to its lowest level in four years even as it has hit a two-year high in the Asia–Pacific, says a report. According to the latest Grant Thornton’s report, Asia–Pacific business optimism has hit a 2 year high, largely driven by improvements from Read More


LG V30+ India Launch Set for December 13

HIGHLIGHTS LG V30+ is LG’s second flagship to launch in 2017 Floating Bar to replace trademark secondary display Has 128GB built-in storage compared to 64GB on the V30 Launched originally in August at IFA 2017 the LG V30+ is now finally making its way to Indian shores on December 13. LG India sent out media invites for the launch event that is set to take place in New Read More


Honor Says It Will Focus on Budget Smartphones in India

Riding high on the Honor 7X launch in India, the company is also planning to bring in more sub-Rs. 10,000 phones next year, George Zhao, Global President, Honor, said in London on Wednesday. “In three years, we want to be number one in India. We will launch more budget phones or sub-Rs. 10,000 phones in India next year,” Zhao told IANS in an Read More


Valve’s Portal Series Returns in Bridge Constructor Portal

HIGHLIGHTS Bridge Constructor Portal release date is December 20 It will hit PC and mobile first Consoles will get it early 2018 Portal 3 might not be a reality anytime soon, but that hasn’t stopped Valve from allowing other developers to use its license. Bridge Constructor Portal appears to have been leaked earlier than expected — with a speculated official Read More


Is Your Angel Investor Playing Power Ball or Money Ball?

Sophisticated investors in high potential start-up companies generally take one of two approaches to angel investing, which I call “power ball” and “money ball”. Either of these approaches can yield high financial returns, but their success requires angels to stick to the rules of the game they are playing. Investors do poorly when they confound the two games. Types of Read More