In the coming years, businessmen will witness the emergence of Agartala as the hub for transportation to the Northeast, and of Chittagong as the biggest trans-shipment hub in the Bay of Bengal.  It remains to be seen if Agartala will be able to capitalise on this geo-political advantage. In some  ways, Tripura has been luckier than most other North Eastern states.  Its Read More

Bengaluru: Century Real Estate Holdings is in talks with Piramal Ivanhoe Residential Equity Fund to raise funds for an upcoming residential project in a deal valued at ₹250 crore. The Bengaluru-headquartered developer plans to build a high-end residential project on a 10-acre land parcel it owns in the central business district in the city. “The deal is likely to be a structured Read More

Italian two-wheeler maker Piaggio is looking to expand its sales network in India to over 350 dealerships by the end of this year as part of scaling up its business in the country, a top company official said. The company, which currently has around 250 sales outlets, will, however, stick to its premium lineage even as it seeks to grow Read More

Arun Jaitley(REUTERS FILE PHOTO) The Goods and Services Tax Council decided on Sunday to cut the tax on under-construction houses to 1% for properties valued up to ₹45 lakh and to 5% for those in the premium segment in order to boost the troubled real estate sector and provide relief to aspiring homebuyers. The rates will be brought down from Read More

While 5G technology is still trying to find its ground with tricky spectrum allocations, US President Donald Trumphas already made a claim on 6G to be brought in the country. The only problem is — it doesn’t exist. On Thursday, he went on to tweet that 5G and 6G technology are “so obviously the future,” adding that the US needs to “win through Read More

Globally, real estate development is an important parameter to measure economic growth. If one just looks at the demand for homes in India, the growth potential is huge. Initiatives by the government, including ‘Housing for All by 2022’ offer major growth potential not just for the sector, but also for economic development and GDP growth. Indian real estate is the engine Read More

The notification for the Civil Services Examination will be published by the UPSC next week. Before the examination cycle for IAS begins, here are a few things to remember for UPSC aspirants: Eligibility: Make sure that you fulfil all IAS eligibility conditions before applying. Keep all documents handy just in case. Choice of Centre: Apply early to get the centre Read More

The GST rate cuts are proposed to be accompanied by denial of input tax credit to builders. A group of ministers (GoM), led by Gujarat Deputy CM Nitinbhai Patel, has recently recommended 5% GST (goods and services tax) for under construction properties and 3% GST for affordable housing, which has been welcomed by both industry experts as well as property Read More

Ginni Rometty, chief executive officer of International Business Machines Corp. (IBM), speaks during the IBM Think Conference in San Francisco, California, U.S. Photographer: David Paul Morris/Bloomberg photo credit: © 2019 Bloomberg Finance LP© 2019 BLOOMBERG FINANCE LP The title of this article comes from one of many memorable (and tweetable) lines I heard from one of the speakers at IBM’s Read More

v The doomsayers are having a field day with predicting that Brexit will cause the UK real estate market to dry up and blow away. In India, we are quite used to gleeful prophecies of doom regarding real estate and take them with a healthy pinch of salt. No doubt, every change involves disruption and confusion in the beginning. In Read More