Extension of tax holiday under 80IBA till March 31, 2021, is good news for projects under the affordable housing category. The government acknowledges the importance of the real estate sector and its contribution to the GDP of the country. To kick-start the economy, it has initiated various steps to safeguard homebuyers’ interests and revive the sector. So far, most of Read More

Starbucks warned investors on Thursday that store closures in China due to the coronavirus outbreak are likely to result in a 50% decline in its same-store sales in China during its fiscal second quarter. However, it said that it was seeing signs of a pickup in its business in China, and it hasn’t yet detected any slowdown in the U.S. Shares of Read More

  Branded players see upswing but smaller developers are still struggling Home sales in Kolkata have been a mixed bag over the first nine months of 2019. While branded real estate developers have seen an upswing of sorts and improvement in sentiment, smaller players and standalone projects are yet to gain any sales momentum. Project launches continue to be on Read More

Housing sales rose 6% in calendar year 2018 in eight major cities as developers reduced prices and offered indirect  discounts to lure customers, property consultant Knight Frank India has said in its latest report. Sale of residential units increased in six cities — Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad and Ahmedabad — but declined in two cities — Kolkata and Pune. Read More

Indiabulls Real Estate expects to garner a sales revenue of over Rs 30,000 crore from its 14 ongoing projects, being developed mainly in Delhi-NCR and Mumbai, the company said. In his message to shareholders in the annual report, Indiabulls Real Estate Chairman Sameer Gehlaut said the company has a well-diversified presence in both commercial and housing segments. “With the recovery Read More

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

As Google prepares to launch flagship devices Pixel 2and Pixel 2 XL, the new devices can only compete with the other premium Android handsets if Google invests further in improving sales and marketing, an expert said on Tuesday. “Google’s positioning in the smartphone space is still unclear and there is a good reason for that: it can’t compete too directly with handset brands using Read More

The world cannot blame you if you have been smitten by the shopping bug ahed of the GST roll out . You must have been getting SMS messages from various brands announcing their special sale offers till June 30. The monsoon sale bonanza usually begins in June-end, but this year the upcoming roll out of the revolutionary Goods and Services Read More

Tablets are a forgotten breed of gadgets ever since the smartphone have taken over with full force. Almost every task can be executed on the phone, even if it was meant to be done on a bigger screen and we shouldn’t care as long as it is done in a fast and handy manner — we always have our smartphones, Read More

The global luxury car industry has been betting big on India as the next growing market. The car sales in 2014 and 2015 had boosted their confidence but 2016 has turned out to be tricky. It started with the National Green Tribunal banning the sales of diesel SUVs with engine capacity more than 2000cc. Then came the odd-even rule in Read More