Policy regime nudged fence-sitters to be first-time homebuyers: Niranjan Hiranandani- June 30, 2021
Source Business Line - The Hindu
He believes that the regulatory aspects have also brought in a safe and secure environment to the sector.
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Creating Value Offices for the Future of Work in the post-pandemic era- June 30, 2021
Source Financialexpress.com
The new normal will require commercial real estate players to foster the needs of corporates, entrepreneurs and even budding professionals.
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Real Estate Steps Up In The Face Of Virus Resurgence- June 28, 2021
Source Timesproperty.com
While the second wave of Covid-19 has unprecedentedly disrupted new project launches and sales, the real estate sector is far better prepared than it was a year ago, say experts
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NRIs offer hope for the realty market- June 28, 2021
Source Timesproperty.com
The pandemic has made real estate investment a popular choice, especially among NRIs, who are looking for a safe haven back home
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Top CEOs seek large fiscal stimulus or tax sops to jumpstart economy- June 28, 2021
Source The Economic Times
India’s top CEOs called for a large fiscal stimulus or tax incentives from the government, expressing concern about a modest economic recovery in the next two quarters though many see a swift recovery in their own sectors, a survey by ET showed.
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Aspiring Home Owners Need Not Postpone Their Purchase- June 24, 2021
Source Timesproperty.com
While industry experts say that the impact of the second wave is too early to assess, they believe the real estate industry is better prepared this time. What does it mean for the home-buyer?
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Despite second wave damage, home sales stay strong in Q1- June 24, 2021
Source Magicbricks
The second Covid wave and subsequent lockdowns across the country impacted housing sales, but the market continued to exhibit resilience with healthy growth in activity over last year.
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The Realty Market Offers Serious Home Buyers An Edge- June 22, 2021
Source Timesproperty.com
An owned home not only offers safety and security, but is also a wise investment, especially during a crisis of this magnitude. Here’s how to get more value for your money’s worth when negotiating your home buying deal
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Has RERA Transformed The Real Estate Sector ?- June 21, 2021
Source Timesproperty.com
Four years after the enactment of the Real Estate Regulation Act (RERA), has the law transformed the real estate sector and become the force it was meant to be ?
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India Inc focuses on balanced life, encourages practice of yoga- June 21, 2021
Source Outlookindia.com
Celebrating the International Yoga Day, Biocon Chairperson Kiran Mazumdar-Shaw tweeted a picture of herself performing yoga with a caption, "Yoga is all about creating a balance in your life. It is about balancing your senses, balancing your body, soul and mind in order to live a healthy life."
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India Inc focuses on balanced life, encourages practice of yoga- June 21, 2021
Source Financial Express
India Inc on Monday stressed on the need to have a balanced life and encouraged the practice of yoga in order to maintain physical and mental wellbeing, especially during the ongoing pandemic.
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India Inc focuses on balanced life, encourages practice of yoga- June 21, 2021
Source The Economic Times
India Inc on Monday stressed on the need to have a balanced life and encouraged the practice of yoga in order to maintain physical and mental wellbeing, especially during the ongoing pandemic.
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Post pandemic digital thrust and government policy are driving rapid growth in data centres: ETILC Members- June 15, 2021
Source The Economic Times
The Indian data centre sector is thriving. As per a report by Arizton Advisory and Intelligence the Indian data centre market is estimated to grow at a CAGR of close to 12% between 2020-2026.
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What’s in a real estate project’s name? A lot – if it conjures images of the pandemic- June 09, 2021
Source Moneycontrol.com
Homebuyers are likely to favour advertising that plays on keywords like ‘open spaces,’ ‘wellness’ and ‘self-contained,’ which have had appeal even before the Covid-19 outbreak
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India's vaccine policy revamped: Reactions from India Inc and opposition parties- June 08, 2021
Source Timesnownews.com
After increasing demand from states for central vaccine procurement, Centre took back control of vaccination drive in states. Prime Minister Narendra Modi today announced that 75% of the total vaccine share will be procured by centre and given to states for free. The vaccines will be given to all above the age of 18 free of cost from the 21st of June.
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Twin challenges for office developers in 2021: Low demand, renewals- June 08, 2021
Source Business-standard.com
Developers and owners of office buildings could face twin challenges this year — lower demand and filling up spaces up for renewal.
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Maharashtra CM virtually meets corporate honchos over economic revival- June 07, 2021
Source Hindustantimes.com
Chief minister (CM) Uddhav Thackeray on Sunday held discussions with leading corporate honchos and film and TV producers, following the unlocking rules set by the state government, to be imposed from Monday.
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Maharashtra government taking calculated risk: Thackeray on easing of curbs- June 06, 2021
Source The Economic Times
The state government has announced a five-level plan to relax the coronavirus-induced restrictions in the state from Monday, based on the weekly positivity rate and the occupancy of oxygen beds. A notification to this effect was issued on Friday night.
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Low Home Loan Interest Rate Regime To Continue, Benefiting Home Buyers: Realtors On RBI Policy- June 05, 2021
Source Businessworld.in
Sanjay Dutt, Managing Director and Chief Executive Officer, Tata Realty and Infrastructure termed the policy as good news.
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RBI MPC meet: Economists and market veterans weigh in on decision to keep repo rate unchanged- June 04, 2021
Source CNBC TV18
MPC whittled down macroeconomic growth numbers and upped its inflation projections, completely in line with market expectations. It gives added credibility to RBI’s ability to navigate the country during difficult times.
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Low home loan interest rate regime to continue, benefiting home buyers: Realtors on RBI policy- June 04, 2021
Source Outlookindia.com
New Delhi, Jun 4 (PTI) Hailing the RBI''s decision to keep policy rates unchanged, the real estate industry on Friday said the low-interest regime on home loans will continue, aiding revival in housing demand that has been hit badly during the last two months due to a second wave of the COVID pandemic.
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Low home loan interest rate regime to continue, benefiting home buyers: Realtors on RBI policy- June 04, 2021
Source Financial Express
Knight Frank India MD Shishir Baijal felt there was a dire need to provide monetary policy support - on account of both easy availability and lower cost of funds - to households and businesses alike.
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Low home loan interest rate regime to continue: Realtors on RBI policy- June 04, 2021
Source Business Standard
Hailing the RBI's decision to keep policy rates unchanged, the real estate industry on Friday said the low-interest regime on home loans will continue, aiding revival in housing demand that has been hit badly during the last two months due to a second wave of the COVID pandemic.
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RBI Monetary Policy Committee decision today: Repo rate likely to be unchanged, say experts- June 04, 2021
Source Moneycontrol.com
The panel had also left rates unchanged during the last MPC meet in April 2021. This would be the sixh consecutive time the RBI maintains status quo if rates remain unchanged on June 4.
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RBI MPC June 4: Repo rate cut unlikely, accommodative stance may continue; experts say ensure liquidity- June 03, 2021
Source Business Standard
The Reserve Bank of India's Monetary Policy Committee began its bi-monthly deliberations on Wednesday amid expectations of keeping a status quo on repo and reverse repo rates due to uncertainty over the impact of the second COVID-19 wave.
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10 mn vacant homes may find takers as Cabinet approves Model Tenancy Act- June 03, 2021
Source Business Standard
New law makes renting out urban or rural property without a written agreement illegal, seeks to balance the interest of homeowners and tenants
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Hiranandani Hospital first private facility in Mumbai to have PSA oxygenator plant- June 03, 2021
Source TheHindu.com
Dr L H Hiranandani Hospital at Powai has become the first private hospital in Mumbai to have its in-house pressure swing adsorption (PSA) oxygenator plant.
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Civic polls in mind, leaders organise vaccination camps across Mumbai- June 03, 2021
Source The Indian Express
In March and April, some politicians had landed in trouble by distributing remdesivir at a time when its demand was high and availability low.
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Mumbai: Activists wary, but experts cheer Model Tenancy Act- June 03, 2021
Source Times Of India
The Model Tenancy Act approved by the Union cabinet on Wednesday will unlock vacant houses and ensure speedy redressal of disputes between landlords and tenants, say property market experts. In the state, though, the issue could become a hot potato for political parties if it fails to protect the rights of lakhs of tenants, say activists. In the city, 25 lakh tenants in 14,000 buildings and chawls are protected under the Rent Control Act.
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NAREDCO seeks extension in building approvals and RERA timelines- June 02, 2021
Source Magicbricks
Housing and Urban Affairs Secretary Durga Shanker Mishra on May 28 chaired the webinar on ‘Ease of Doing Business - Construction Permit & Covid: Realty Check’ organized by the realtor’s body National Real Estate Development Council (NAREDCO). He was extremely receptive of all the issues and concerns by the participants, and he agreed to take up the issues in coming time.
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Model Tenancy Law Approved By Cabinet For States To Adopt- June 02, 2021
Source Bloombergquint.com
Almost two years after announcing it, the union cabinet approved the Model Tenancy Act that aims to boost rental housing in the country and reduce litigation.
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Future Wise | Here's why a real estate MBA degree would come handy- June 02, 2021
Source Moneycontrol.com
In this episode of Future Wise, Moneycontrol's M Saraswathy talks to Dr Niranjan Hiranandani, Provost HSNC University and a real estate sector veteran on the benefits of a specialised programme.
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Model tenancy law to boost pvt sector to develop housing projs- June 02, 2021
Source Outlookindia.com
New Delhi, Jun 2 (PTI) The Cabinet's decision to approve model tenancy law will encourage private sector to develop housing projects for rent purpose and also bring huge stock of vacant flats in rental market if implemented by states in letter and spirit.
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Govt approves Model Tenancy Act; to enable setting up of district-wise rent courts, tribunals- June 02, 2021
Source The Economic Times
In a bid to institutionalise the rental housing segment, the government of India has approved the Model Tenancy Act, 2021 with a provision to set up district-wise rental courts, authorities and tribunals across the country.
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Green buildings & construction: Green codes- June 01, 2021
Source Construction Week Online
It’s unfortunate that it took a pandemic to make us realise the importance of a healthy lifestyle. But the pandemic has caused a major shift in consumer preferences, since safety and hygiene is given more importance. With the health risk posed by the pandemic, the investment into projects that hold high-level safety and hygiene has been increased by most developers.
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Housing.com, ISB launch Housing Pricing Index to help homebuyers find the best time to purchase property- May 31, 2021
Source The Economic Times
Online real estate portal Housing.com along with the global business school, Indian School of Business (ISB), has launched its Housing Pricing Index (HPI), an indicator of economic activity in real-estate, the second-largest employment generating sector in India.
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Housing.com ties up with ISB to launch price index for residential properties across 8 cities- May 31, 2021
Source Yahoo News
New Delhi, May 31 (PTI) Real estate portal Housing.com and Indian School of Business (ISB) on Monday launched an index to track prices of residential properties across eight major cities as part of their effort to provide real-time data to all stakeholders.
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Housing.com, ISB launch Housing Pricing Index to help homebuyers find the best time to purchase property- May 31, 2021
Source The Economic Times
Online real estate portal Housing.com along with the global business school, Indian School of Business (ISB), has launched its Housing Pricing Index (HPI), an indicator of economic activity in real-estate, the second-largest employment generating sector in India.
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Mumbai property registration pace starts declining on stamp duty relief withdrawal- May 31, 2021
Source The Economic Times
The momentum in registration of property transactions in Mumbai, the country’s biggest and costliest realty market, has started receding owing to the combination of lockdown and the government’s decision to withdraw the benefit of lower stamp duty.
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Real estate sector will contribute 10% of the GDP by 2030: Housing secretary- May 31, 2021
Source The Economic Times
Real estate sector will contribute 10% of the GDP by 2030, according to Union Housing and Urban Affairs Secretary, Durga Shanker Mishra.
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Housing.com launches price index for residential properties with ISB- May 31, 2021
Source Buisness Standard
Real estate portal Housing.com and Indian School of Business (ISB) on Monday launched an index to track prices of residential properties across eight major cities as part of their effort to provide real-time data to all stakeholders.
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Realty sector’s contribution to GDP to rise to 10% by 2030- May 31, 2021
Source Buisness Line
Housing Price Index launched to add to the ease of buying property
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Housing.com ties up with ISB to launch price index for residential properties across 8 cities- May 31, 2021
Source Financial Express
The Housing Pricing Index (HPI) of Housing.com-ISB was launched by Union Housing and Urban Affairs Secretary Durga Shanker Mishra through a virtual event.
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Housing.com ties up with ISB to launch price index for residential properties across 8 cities- May 31, 2021
Source Outlookindia.com
New Delhi, May 31 (PTI) Real estate portal Housing.com and Indian School of Business (ISB) on Monday launched an index to track prices of residential properties across eight major cities as part of their effort to provide real-time data to all stakeholders.
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Housing Pricing Index launched to help homebuyers take informed purchase decisions- May 31, 2021
Source Moneycontrol.com
Data collected for this purpose include information on price per square foot, quantity, and the total value of transactions in the previous three months for various sub-localities within each city.
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Mumbai property registration pace starts declining on stamp duty relief withdrawal- May 31, 2021
Source Realty.com - The Economic Times
After witnessing massive jump in sales and property registrations for seven months since September following the state government’s decision to reduce stamp duty, the registrations numbers in May have dwindled just one-third and one-fourth of levels seen in March and December, respectively.
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RBI likely to retain benchmark interest rate on Friday, feel experts- May 31, 2021
Source CFO.com - The Economic Times
The RBI had kept key interest rates unchanged after the last the MPC meeting held in April. The key lending rate, the repo rate, was kept at 4 per cent and the reverse repo rate or the central bank's borrowing rate at 3.35 per cent.
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RBI likely to retain benchmark interest rate on Friday, feel experts- May 31, 2021
Source CFO.com - The Economic Times
The RBI had kept key interest rates unchanged after the last the MPC meeting held in April. The key lending rate, the repo rate, was kept at 4 per cent and the reverse repo rate or the central bank's borrowing rate at 3.35 per cent.
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Taxation Benefits Add To The Winning Deal Of Home-buying- May 05, 2021
Source Timesproperty.com
Even as property emerges as a clear winner during the pandemic, taxation advantages add to the home-buying benefits at the right time.
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The nitty-gritty of renovating your house to make it Covid-compliant- September 18, 2020
Source Business-standard.com
Covid has changed the design and aesthetics of the living space in more ways than one. While WFH and online classes have more or less become the new normal, there is an emerging trend in the way homes are being done up in order to accommodate WFH, study-from-home, and even fitness and entertainment.
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Owning a Home - Step Towards Atmanirbharta: Dr. Niranjan Hiranandani- September 18, 2020
Source Realtyfact.com
The unprecedented Covid crisis has ignited the dream of ‘Atmanirbhar Bharat’- a self-reliant India objective. While the Indian economy charts out the roadmap of an ‘Atmanirbhar Bharat’, consumer behavior seems to be following the trend. As the economy gears up to the anticipated GDP growth projections and seek stability, the real estate sector has witnessed a shift in consumer perception and preferences in respect to home buying. The testing time has underpinned the importance of owning a house like never before. Investing in housing has emerged as the most attractive and safe option amidst other volatile asset classes from an economic and financial perspective.
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Integrated Township Living Offers Ease of Living: Dr Niranjan Hiranandani- September 7, 2020
Source Dailyhunt
Mumbai, Maharashtra, India: The COVID-19 disruption has highlighted the importance of integrated township living which creates a self-sustainable ecosystem. The COVID crisis has disrupted the way of life of people. What was once considered as a normal routine now draws attempts at reassessment. In the wake of health hazards that one is exposed to due to the pandemic, people are motivated to re-evaluate their needs and alter their lifestyles accordingly.
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Safe & secure, under a roof of her own, writes Dr Niranjan Hiranandani- September 3, 2020
Source The Freepress Journal
The importance of living within one's own safe nest while battling any unprecedented crisis from the point of safety has resurfaced. The independent working woman has definitely realised the need to convert the aspiration of owning a house into a reality, by evaluating suitable properties across the country, especially in metro and metropolitan locations.
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The biggest result of COVID-19 is ‘change’: Dr. Niranjan Hiranandani- June 29, 2020
Source Peoplemattersglobal.com
In an exclusive interaction with People Matters, ‘builder extraordinaire’ Dr. Niranjan Hiranandani - Founder & MD - Hiranandani Group and President - Assocham & NAREDCO shares his views on what is keeping him awake at night as a business leader, what the workplace would be like post COVID-19 and how leaders can manage business continuity and people strategy simultaneously.
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India needs an Infrastructure Bank at this stage: Billionaire entrepreneur Niranjan Hiranandani- June 29, 2020
Source Economic Times
Billionaire entrepreneur Niranjan Hiranandani expected demand in the real estate sector to revive by the second half of the financial year, buoyed by falling interest rates and on expectations of a surge in property rates
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Real Estate Remains Preferred Asset Class For Investors: Housing.com & NAREDCO Survey- June 19, 2020
Source businessworld.in
Real Estate remains preferred asset class for investment (35 per cent) followed by gold (28 per cent) and fixed deposits (22 per cent). As per the survey 59% of respondents think overall economic scenario will either remain at the current levels or may slightly see some revival in coming six months; 53% of respondents confident of income for the coming six months; rest not too sure 53% of the respondents have ‘only postponed’ their search for a home for the coming six months.
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Real estate most preferred asset class for investment, but potential homebuyers cautious: Survey- June 17, 2020
Source financialexpress.com
According to the survey, a majority of respondents surveyed (73 per cent) comprise 'first time homebuyers', who are looking to buy a 'ready-to-move-in-house' for end-use and are from the age group of 25-45 years.
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Home buyers likely to return to the market in six months: Report- June 17, 2020
Source thehindubusinessline.com
Homebuyers are likely to slowly return to the market in the coming six months as real estate is still perceived as the preferred mode of investment, a report by National Real Estate Development Council (NAREDCO) and Housing.com points out.
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Real estate builds wealth more consistently than other asset classes: Hiranandani - June 11, 2020
Source thehindubusinessline.com
Covid-19 has ensured that paradigms are set to change in the real estate sector with the industry evolving in new ways, according to Niranjan Hiranandani, Co-Founder of realty major Hiranandani Group.
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Sell unsold units at 'no-profit-no-loss' to save interest, boost liquidity: Gadkari to realty cos - April 29, 2020
Source The Economic Times
Promising his full support, Gadkari also advised builders to send their representatives to ministries of housing and finance as well as the Prime Minister's Office (PMO) to suggest ways to deal with the present crisis.
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What is ready reckoner and circle rate, and what purpose does it serve ? - April 29, 2020
Source livemint.com
In a webinar conducted on 28 April 2020 by the National Real Estate Development Council (NAREDCO), a real estate developers' body, Devendra Fadnavis, former chief minister of Maharashtra, suggested that the government should bring down the ready reckoner rate by as much as 40% for the next two years in the state, in order to give a boost to the real estate sector.
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Real Estate under Covid19 - Zee Business - April 27, 2020
Dr. Niranjan Hiranandani
With this Order, the economic drivers of the country will start moving again, even as we extend the lockdown. Considering the estimated loss of Rs. 26,000 crore per day to the Indian economy as a result of the lockdown.
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Slum dwellings pose challenge as Mumbai fights coronavirus outbreak - April 26, 2020
Source outlookindia.com
By Prajakta Karnik Mumbai, Apr 26 (PTI) As coronavirus situation spirals, slum dwellings in Mumbai, where more than half of the city''s 12 million population live in crammed space and unhygienic conditions, seem to be posing a daunting challenge in efforts to curb infections.
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BMC MAY ALLOW WORK AT CONSTRUCTION SITES AMID LOCKDOWN - April 25, 2020
Source remumbai.in
With monsoon approaching, the Brihanmumbai Municipal Corporation (BMC) may allow controlled construction activities for incomplete constructions to make them monsoon-ready and avoid damage during rains. However, this will not be allowed in containment zones. With this move, BMC wants to eliminate possibility of flooding, subsequent landslide, and creation of mosquito breeding grounds, which may lead to additional health hazards during the Covid-19 pandemic.
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Tie up with US, UK firms planning exit from China over coronavirus: Gadkari to industry captains - April 24, 2020
Source businesstoday.in
Exhorting industry to go the whole hog to encash the "golden opportunity," Minister for Road Transport and Highways and MSMEs Nitin Gadkari on Friday said that firms in India could enter into technical tie-up with companies from countries like the United States and the United Kingdom operating in China and set up manufacturing units in the country.
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Coronavirus in Mumbai: CRISIL's '10k meals project' helps the needy affected by lockdown - April 24, 2020
Source freepressjournal.in
In a novel initiative, CRISIL has opened its state-of-the-art corporate kitchen facility at its Mumbai headquarters to prepare hygienically cooked, nutritious meals on a daily basis to the economically weaker sections of the society amidst the lockdown imposed due to the novel coronavirus.
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Once it starts, real estate will take 1-3 months to get back to action: Niranjan Hiranandani - April 24, 2020
Source Economic Times Market
Commercial real estate figures had just started improving and now the Covid 19 pandemic has spoilt it all. How long will that standstill continue ?
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Coronavirus: Construction Activity Restarts In Some Green Zones, Says Niranjan Hiranandani - April 23, 2020
Source in.finance.yahoo.com
About two to three percent of construction activity has resumed in green zones across the country, said Niranjan Hiranandani, president of industry body Assocham. “My reading is that hopefully by next week, it could go up to 5 or 6 percent of the work but a large amount of work and other men are in city and urban, semi-urban areas where we have a large number of red zones and that is becoming the challenge.”
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India real estate sentiment at its lowest: Knight Frank survey - April 23, 2020
Source cnbctv18.com
The coronavirus outbreak and the ensuing nationwide has roiled the economy over the past six weeks. As the shock waves ripple through industry after industry, sentiment in the country's real estate market is now at its lowest on record.
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Aditya Thackeray appealed to NAREDCO for document of real estate monsoon challenges - April 22, 2020
Source realtynxt.com
Keeping in mind the challenges various industries are facing, NAREDCO hosts Shri. Aaditya Thackeray, Cabinet Minister, Tourism and Environment, Government of Maharashtra, to address the reeling issues of real estate while providing a roadmap for the future of Maharashtra. Reductions of stamp duty, Financial Stimulus were widely discussed but key focus was to rejuvenate every industry in Maharashtra post COVID-19 pandemic.
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Preventing Opportunistic Takeover of Indian Companies by Global Funds and Investors - April 22, 2020
Source businesswireindia.com
Amidst the COVID-19 pandemic, global funds will hunt for companies, including Indian companies, with a positive balance sheet but a temporary negative cash flow, with the aim to pick up such companies at undervalued price points. The threat definitely exists. Once these companies slip out of Indian hands, it will be impossible to get them back; it is the right move on part of the authorities to protect Indian entrepreneurs and act as an antidote to capital erosion.
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Buying a house during coronavirus lockdown? You might have to go online - April 22, 2020
Source cnbctv18.com
With all the talk of acclimatising to a new post-COVID world doing the rounds, there's every indication that the physical and time-consuming act of buying a home could be reduced to a few clicks. Given the strict regulations surrounding social distancing, real estate developers have started sharpening digital tools that could help sell homes and offices, off-site.
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COVID-19 Lockdown Relaxation: Three reasons why real estate is set for a rocky restart - April 20, 2020
Source cnbctv18.com
As the real estate sector gears up to get back to work on Monday thanks to the easing of COVID-19 lockdown restrictions that have been in place since March 24, it is faced with more questions than answers.
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Govt will consider easing investment norms for foreign funds for ready houses: Hardeep Singh Puri - April 20, 2020
Source constructionworld.in
The Central Government may consider tweaking of investment norms for allowing more access to foreign funds into near completion projects, stated Hardeep Singh Puri, Union Minister for Housing & Urban Affairs.
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Coronavirus lockdown: Gig economy, or gagged economy ? - April 19, 2020
Source financialexpress.com
Thanks to the Coronavirus outbreak and the resultant global economic gloom, many freelancers today are out of work and bereft of opportunities, as companies cut losses and shrink budgets to survive.
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Govt in big push towards digital sales in realty - April 18, 2020
Source Mumbai Mirror
The Minister of Housing and Urban Affairs Hardeep Singh Puri on Friday told a group of developers at a webinar that the government will look at issuing a digital signature protocol to facilitate digital sales of properties.
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RBI relaxes regulatory measures to transfuse liquidity, bring financial stability: Dr. Niranjan Hiranandani - April 17, 2020
Source newsnow.in
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Bank stocks take a beating in market rout - March 24, 2020
Source freepressjournal.in
The 30-share Sensex tumbled 3,934.72 points or 13.15% to close at 25,981.24, the worst ever decline in one day.
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Real estate in MMR slows down post the COVID-19 outbreak - March 20, 2020
Source 99acres.com
The novel Coronavirus has not only slowed the construction activities but also hit property enquiries and site visits in the Mumbai Metropolitan Region (MMR). The scenario may worsen if India moves from stage 2 to stage 3 of the pandemic in the coming days.
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Ncov pandemic impact of Economic erosion - Zee Business - March 17, 2020
Dr. Niranjan Hiranandani
The Indian real estate market may witness fewer launches amid many economic risks curbing credit supply in an already liquidity choked economy- Niranjan Hiranandani.
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बिजनेस / कोराना वायरस के गंभीर संकट के बाद भी वैश्विक अर्थव्यवस्था का बड़ा केंद्र बनेगा भारतः स्टार्ट अप चैंबर - March 15, 2020
Source prabhatkhabar.com
नयी दिल्लीः नवोन्मेषी उद्योगों के लिये बने स्टार्ट अप चैंबर का मानना है कि चीन में कोराना वायरस के गंभीर संकट से उत्पन्न परिस्थतियों के मद्देनजर भारत में विभिन्न क्षेत्रों में नए उद्यमों के लिए बड़े अवसर हैं . साथ ही कहा कि देश वैश्विक विनिर्माण अर्थव्यवस्था के बड़े केन्द्र के रूप में उभर सकता है.
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Coronavirus: What India Inc. Is Doing To Keep Workplaces Safe - March 13, 2020
Source bloombergquint.com
India has suspended overseas visas to counter the spread of coronavirus as the number of local cases mount. The outbreak has seen a spike in Italy, South Korea, Japan and the U.S. even as the number of fresh cases have fallen in China.
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Coronavirus impact: Travel restrictions may delay decisions on commercial real estate space take-up - March 13, 2020
Source moneycontrol.com
The recent rise in COVID-19 cases may also impact retail consumption as people avoid crowded areas, especially F&B, entertainment centres and shopping malls.
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At Assocham Annual Banking Summit “Structural Reforms in MSME Funding”- Zee Business - March 7, 2020
Dr. Niranjan Hiranandani
The time is right for the Indian Banking system to be resurrected out of its Cancer ailment. The economic data is flashing warning signs and pressing alarming bells to rejig and redesign sickening banking structure. The overhanging distressed loans need a cleaning spree with the fresh fiscal stimulus to pump in desired liquidity and relive the choked banking sector. Fresh borrowing and lending to the priority and labor-intensive sector is crucial to recouping financial growth.
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Niranjan Hiranandani: A man extraordinaire - March 6, 2020
Source constructionweekonline.in
A mere hour with Niranjan Hiranandani is not enough. The czar of real estate has been in the business of real estate for far too long and, one can safely say, has learnt everything there is to know under the sun. He has also learnt to take everything in his stride, which is of paramount importance in the perennially shifting arena of real estate development.
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Mint Investment Summit - Real Estate: Finally out of the woods? - March 5, 2020
Source livemint.com
Top business minds from various backgrounds come together to discuss the subject of real estate in India. The panelists will discuss 'Real Estate: Finally out of the woods?' Here are the panelists for the session:
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Sebi internally assessing potential impact of coronavirus on markets: Whole-Time Member - March 4, 2020
Source outlookindia.com
Mumbai, Mar 4 (PTI) Sebi is "internally assessing" the potential impact of the coronavirus epidemic on the capital markets, its Whole-Time Member S K Mohanty said on Wednesday.
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Coronavirus overhang: Impact on real estate market in India to be limited - March 3, 2020
Source moneycontrol.com
The coronavirus, which has spread to 73 countries, including India, and has sickened more than 90,000 people, is making the global luxury property market jittery.
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Unitech names Deloitte to map out resolution plan - February 29, 2020
Source realty.economictimes.indiatimes.com
The decision to appoint Deloitte was taken after a board meeting, a person aware of the matter told ET. The board is expected to submit the resolution plan by March 20.
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Not just Mukesh Ambani, 49 other Mumbai billionaires on Hurun Global Rich List 2020 - February 27, 2020
Source freepressjournal.in
Others include Niranjan Hiranandani, Choksi family of Asian Paints, Kishore Biyani of Future Group and Sharad P Chauhan & family of Parle Group to name a few
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Builders want rollback of tax on dividend on InvITs, REITs - February 12, 2020
Source moneycontrol.com
(NAREDCO), an apex body formed under the aegis of Ministry of Housing & Urban Affairs, in a letter to Economic Affairs Secretary Atanu Chakraborty, has recommended that continuation of dividend exemption in the hands of the unit holders will help in de-stressing the banking system.
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Hiranandani Horticulture Experts bags 17 awards at TMC Annual Horticulture Awards - February 12, 2020
Source realtyplusmag.com
Thane Municipal Corporation (TMC) hosted its 12th Annual Horticulture Award 2019-20 on 12th January 2020 at Raymond Ground, Thane. Hiranandani Estate a mixed-used integrated township of Hiranandani Group on Ghodbunder Road Thane exhibited all green horticulture developments executed by the in-house horticulture team. The annual flagship event held in Thane aims to represent the culmination of increasing awareness about the recent trends and innovations in the scope of Horticultural developments.
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Naredco seeks withdrawal of dividend tax on InvITs, REITs - February 11, 2020
Source outlookindia.com
Mumbai, Feb 11 (PTI) Real estate developers'' body Naredco on Tuesday said it has urged the government to withdraw tax on the dividend received by InvIT/REIT unitholders to keep the product attractive for investors.
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Good News! You Home Loan, Car Loan EMIs May Get Cheaper - February 9, 2020
Source expresscomputer.in
Even though the Reserve Bank of India (RBI) on Thursday kept its repo rate unchanged at 5.15 per cent in the Monetary Policy Meeting, the announcement will make loans to home, automobile and small businesses cheaper. Even though the government said that the move was aimed in view of the uptick in inflation, maintaining a status quo will help the Central Bank push lending as it has relaxed the requirements for banks to maintain the cash reserve ratio for these loans.
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Yotta Infrastructure Introduces Launch Offer for Datacenter Services at 99,999 per month - February 7, 2020
Source expresscomputer.in
Committed to offer high quality hyperscale managed data center services at highly economical prices, Yotta Infrastructure, a Hiranandani Group Company, today announced a limited period launch offer. Priced at INR 99,999 per month plus taxes, the bundled colocation services will help customers save over 40%. The launch offer is valid till 31st March 2020 for the first 25 customers or 1000 server racks, whichever is earlier. Yotta is committed to leveraging its high economies of scale to provide the highest quality data center services with highest cost optimization with this inaugural offer.
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On Debt Restructuring of loans - ET Now - February 7, 2020
Dr. Niranjan Hiranandani
RBI's Reality Masterstroke- Dr. Niranjan Hiranandani Founder & MD Hiranandani Group.
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Affordable housing for all by 2022: How far are we from the target ? - February 6, 2020
Source enterpriseitworld.com
Has our present government, which had set an ambitious target of providing affordable housing for all by 2022 in its 2019 budget, done enough to help the real estate industry to come out of the woods in its budget proposals last week? With the country itself passing through the worst of economic slowdown, a revival in the housing industry would have helped the overall economy regain its growth momentum. Of course, there is some encouraging news that points to green shoots, with the banks reporting some improvement in demand for home loans. However, there could have been more bold initiatives that could have lifted the sentiments in India's residential real estate industry from doom to gloom.
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India to emerge as World’s largest data center hub - February 5, 2020
Source enterpriseitworld.com
India is likely to emerge as the World’s largest data center hub, thanks to the announcement by the Union Government’s to introduce a data center park policy aimed at strengthening the private sector build Data Centre parks throughout the country. The fact that the country is home to 1.15 billion mobile users, 661 million broadband users, 376 million social media users, 401 million smart phone users and 564 million internet users has translated into growth of data from 40,000 petabytes in the year 2010 to 2.3 million petabytes in 2020. Besides, India is world’s second largest base for mobility, internet and social media users.
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Prabhakar Singh appointed as govt's new nominee director on Unitech's board - February 3, 2020
Source businessinsider.in
New Delhi, Feb 3 Crisis-hit Unitech Ltd on Monday said Prabhakar Singh has been appointed as government's nominee director on the company's board.
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Tax deduction on affordable housing loans extended by one year - February 2, 2020
Source bhaskarlive.in
New Delhi, Feb 1 | In a bid to increase demand in the realty market, Union Finance Minister Nirmala Sitharaman on Saturday announced a proposal to extend additional deductions of up to Rs 1.5 lakh for the interest paid on loans for purchase of affordable houses, up to March 2021.
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Budget 2020: Rs 1 Lakh Crore Boost For Higher Education - February 2, 2020
Source mid-day.com
Budget 2020 has provided the much needed impetus to higher education. Not only has R99,300 crore been allocated to improve the quality of the sector, another R3,000 has been set aside for skill development. However, the school education sector seems to have been ignored.
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Finance Minister comes up with long and medium term solutions - February 2, 2020
Source freepressjournal.in
Across the economy, industries have expectations from the country’s budget, usually most end up feeling ‘it could have been better’. This time around, there’s a surprise: From the perspective of ‘direction’, the first budget of the decade actually looks like a good one. The Finance Minister has covered almost all major sections of the economy in her proposals, which is good. Having said this, I would also add that the amount allocated for most of the proposals seems to be rather inadequate, this is an area of concern.
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Real estate stakeholders disappointed by Budget 2020 - February 1, 2020
Source business-standard.com
The Union Budget 2020 falls short of real estate industry expectations with no major announcement for accelerating growth in the beleaguered sector, stakeholders said on Saturday.
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Labour Intensive Real Estate Sector Got Overlooked In Budget 2020: Dr. Niranjan Hiranandani, President-NAREDCO - February 1, 2020
Source realtybuzz.in
Minister of Finance, Nirmala Sitharaman, presented the Union Budget 2020-21 on Feb. 1, today. This was the second budget in the second term of the current government.
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Union Budget 2020: 'No Point Of Good Budget If There Is No Liquidity', Says N Hiranandani - February 1, 2020
Source republicworld.com
Niranjan Hiranandani, co-founder and managing director of Hiranandani Group, has expressed grave concerns over the liquidity crisis faced by the Indian economy in present times and has opined that a good budget can hardly solve the economic crisis.
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Good Budget but allocation grossly inadequate: Hiranandani - February 1, 2020
Source deccanherald.com
Direction wise, it is a good budget; the Finance Minister has covered almost all major sections of the economy in her proposals. Having said that, I would say that the amount allocated for the proposals seems grossly inadequate, this is a concern. Secondly, the proposals seem structured for medium to long term results, we do not see anything which would have an immediate impact, would kick-start the economy. Thirdly, the liquidity issue which is a major challenge for the economy in general and real estate in particular, here too one does not see any major relief.
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Affordable housing gets further support as Budget extends tax holiday - February 1, 2020
Source Economic Times
The government has also extended the deadline for the first time homebuyers’ to avail additional Rs 150,000 interest deduction on home loans by a year till 31 March 2021. Currently, loan interest payment of up to Rs 2 lakh is allowed as tax deduction for all segments of housing, while housing loan principle repayment up to Rs 1.5 lakh exempted.
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‘Bold Fiscal Measures Needed for Economic Green Shoots,’ Says Dr. Niranjan Hiranandani, President-ASSOCHAM, NAREDCO - January 31, 2020
Source realtybuzz.in
The Economic Survey 2019-20, was tabled in Parliament by FM Nirmala Sitharaman today. It projects economic growth at 6-6.5 percent in the fiscal year starting April 1.
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IIT Bombay's E-Summit Will Empower Indian Startups, With A Chance To Win Rs 16 Lakh In 10 Mins - January 30, 2020
Source indiatimes.com
Indian startup ecosystem is going from strength to strength. With two to three technology-led startups being born every day, a key driver for the noted startup growth is the corporate connections that they garner over time.
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Budget 2020: Brace up for import duty hike as govt roots for 'Make in India' - January 27, 2020
Source theweek.in
With reviving the Indian economy being the primary concern, boosting local manufacturing by adding export duties on many finished goods is likely to be a continuing focal point in the upcoming Union budget. Additionally, certain raw materials may receive relief from import duties to further boost 'Make in India'.
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With Safety and Security in Place, ‘Mumbai 24 Hours’ Promises a New Lifestyle: Dr Niranjan Hiranandani - January 24, 2020
Source United News of India
The much sought Mumbai 24 Hours policy is finally announced by the state government which shall imply from 25 Jan 2020. The globalization atmosphere is created with the rapid urbanisation in the financial capital of the country. City of Mumbai being truly global in every aspect, this new policy makes it stand at par with its global counterparts. The policy permits retail malls, shopping arena, multiplexes and restaurants in specific defined areas to function round-the-clock, effectively making selective parts of the Metropolis operational 24/7/365.
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Union Budget 2020: NAREDCO seeks bold measures to resurrect real estate sector; says industry facing serious liquidity crunch - January 23, 2020
Source firstpost.com
Realtors' body NAREDCO on Wednesday urged the Centre to take some "bold fiscal measures" in the Union Budget 2020 to resurrect the real estate sector that is facing "serious challenges" including liquidity crunch.
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On Unitech's Newly Appointed Board- ET Now - January 21, 2020
Dr. Niranjan Hiranandani
There is a possibility of at least 50-60% of Unitech's projects ultimately being net worth positive, so I think there is a good opportunity to start these projects early. However, we may seek some help from the stressed fund of the SBI in order to take care of the funding for the interim period.
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Assocham for cut in GST rates by 25 pc across board - January 15, 2020
Source outlookindia.com
New Delhi, Jan 15 (PTI) Industry chamber Assocham on Wednesday urged the government to reduce GST rate by 25 per cent across the board for the next six months with a view to boost investment and demand.
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Wish list for Budget 2020.- Et Now - January 15, 2020
Dr. Niranjan Hiranandani
Suggestions for Budget-2020- Dr. Niranjan Hiranandani President Assocham & Co-founder MD Hiranandani Group.
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सुविधा : रियल एस्टेट सेक्टर का अमेज़न लॉन्च, घर बैठे खरीद सकेंगे अपना मनपसंद घर - January 14, 2020
Source bhaskarhindi.com
डिजिटल डेस्क, मुंबई। रियल एस्टेट क्षेत्र में विश्वास वापस लाने के लिए, हाउसिंग मिनिस्ट्री ने एक ई-कॉमर्स प्लेटफॉर्म (housingforall.com) लॉन्च किया। यह प्लेटफॉर्म होमबायर्स को वास्तविक संपत्तियों की पहचान करने में मदद करेगा। ऑनलाइन प्लेटफ़ॉर्म उन परियोजनाओं के लिए है जिन्हें ऑक्यूपेंसी सर्टिफ़िकेट (OCs) प्राप्त हुआ है। आवास एवं शहरी मामले विभाग के सचिव दुर्गा शंकर मिश्रा ने इस पोर्टल को लान्च किया।
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India’s First IFSC Also Offers Hospitality Options for the Business Traveller - January 13, 2020
Source indiainfoline.com
India’s first International Financial Services Centre (IFSC) at the Gujarat International Finance Tech City (GIFT City) is one of the significant emerging IFSCs in the world. The IFSC has empowered the Indian Banking and Financial Services and Insurance (BFSI) sector as also other sectors like IT/ ITeS, stockbrokers, shipping, legal firms, etc.
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The Hiranandani Run - January 10, 2020
Source Hindustan Times
Niranjan Hiranandani appears to take not only his own health and fitness seriously, but that of his eponymous township too. This Sunday, the Indian billionaire realtor, co-founder and managing director of Hiranandani Group, was out at the crack of dawn to partake in the annual Hiranandani run at Powai.
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Builder not giving possession? This SBI scheme may help you get your money back - January 9, 2020
Source moneycontrol.com
The scheme is only available to buyers who have taken a home loan from SBI for the projects identified and eligible for the bank guarantee.
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Uddhav meets India Inc leaders, says will ensure no industry leaves Maharashtra - January 8, 2020
Source Hindustan Times
Chief minister Uddhav Thackeray on Tuesday assured top business leaders that his government will create “an industry-friendly environment” in Maharashtra and ensure that not a single industry leaves the state. Addressing the honchos in a meeting that lasted two hours at Sahyadri guest house, Thackeray said industries would in fact want to come to Maharashtra and invest.
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10,000 crore funds available as stress fund for real estate projects, says NARECDO President - January 8, 2020
Source TEN NEWS
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NARECDO President shares his demands for fulfilling PM's housing for all scheme by 2022 - January 8, 2020
Source TEN NEWS
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Real estate distress fund takes off; 4 projects cleared to receive funding - January 8, 2020
Source businesstoday.in
According to property consultant firm ANAROCK, about 5.76 lakh units, launched in 2013 or before across budget segments, are stuck in various stages of non-completion in the top seven Indian cities.
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Union Budget must focus on economic growth by boosting real estate: NAREDCO - January 8, 2020
Source aninews.in
New Delhi [India], Jan 8 (ANI): Fiscal stimulus to the real estate sectorm will have a manifold affect on 269 allied industries with multi-dimensional impact on enhancing the GDP growth inclusive of employment creation, the National Real Estate Development Council (NAREDCO) said on Wednesday.
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NAREDCO seeks steps for rental housing in Budget 2021 - January 8, 2020
Source outlookindia.com
New Delhi, Jan 8 (IANS) Even as Finance Minister Nirmala Sitharaman prepares to present the Union Budget for the fiscal 2020-21 next month, the National Real Estate Development Council (NAREDCO) on Wednesday sought initiatives to incentivise rental housing in the country.
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Reduce GST expect double digit growth by next June: Niranjan Hiranandani - January 6, 2020
Source freepressjournal.in
Giving a wrong medicine for a severe illness was a fallacy of the Indian government, while tackling the economic slowdown in India.
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Global Office Spaces at Quantum Hiranandani Estate Thane - January 6, 2020
Source realtyfact.com
Among the success stories that have driven the fame and prestige of ‘Twin City’ Thane, Hiranandani Estate on Ghodbunder Road is the largest residential and commercial mixed-used integrated township community.
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The Mastercraft who changed the Skyline of Powai Mumbai - January 3, 2020
Source exclusiveproperties.in
The Developer who creates values and quality in Life through its real estate marvels
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How to make ‘Make in India’ - January 3, 2020
Source The Economic Times
The trade war between the US and China may be partly responsible for the economic slowdown globally, but it presents an opportunity for India to propel itself to become a hub of manufacturing in Asia.
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We Are Committed To Making Significant Strides In Developing The State This Decade: CM Uddhav Thackeray - January 2, 2020
Source Mumbai Live
Through 'Dashak Maharashtrache' the Government of Maharashtra brought in the New Decade with grand celebrations across the state capitals on New Year’s Eve.
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Fast Forward to the Future 2020 Promises a Quantum Leap: Dr Niranjan Hiranandani - January 2, 2020
Source Business Wire India
It is from depths that a rise commences; for Indian real estate, 2019 will be remembered as a year in which there was potential for economic growth and a return to normalcy for real estate – and somehow, it fell a tad short. Despite the ‘fall short’ aspect, 2019 leaves on a positive note; it leaves behind hope and expectations about pent up demand from the past few years finally catching up in form of sales in the near future. It also opens up, in 2020, a fast-forward into a future that will include major changes.
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Offices, affordable housing keep realty afloat - January 2, 2020
Source The Economic Times
Liquidity pressure on builders on the back of the NBFC crisis led to a significant rise in consolidation across geographies, paving the way for joint ventures, development agreements and even outright sale of projects.
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Fast Forward to the Future 2020 Promises a Quantum Leap: Dr Niranjan Hiranandani - January 2, 2020
Source businesswireindia.com
Mumbai, Maharashtra, New Delhi, Delhi, India: It is from depths that a rise commences; for Indian real estate, 2019 will be remembered as a year in which there was potential for economic growth and a return to normalcy for real estate – and somehow, it fell a tad short. Despite the ‘fall short’ aspect, 2019 leaves on a positive note; it leaves behind hope and expectations about pent up demand from the past few years finally catching up in form of sales in the near future.....
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Nirmala Sitharaman unveils Rs 102L-cr infra project pipeline - January 1, 2020
Source Hindustan Times
Finance Minister Nirmala Sitharaman on Tuesday said that a task force has identified Rs 102 lakh crore worth of projects after conducting 70 stakeholder consultations in a short period of four months.
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Hiranandani enters into JV with Blackstone- Zee Business - December 31, 2019
Source Zee Business
The Joint Venture with Blackstone will initially include Hiranandani Green Base’s 267 acres in Pune, 115 acres in Chennai’s industrial suburb Oragadam, 73 acres in Nashik and around 25 acres in Durgapur, West Bengal.
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PMAY U achieves milestone of 1 crore houses sanctioned - December 28, 2019
Source realtyplusmag.com
The Pradhan Mantri Awas Yojana (Urban) [PMAY- (U)], has achieved the milestone of sanctioning One Crore houses on 27th December, 2019. This goes to showcase the serious intent of the Government of India to achieve the target of 1.12 crore houses in urban areas across the country by 2022.
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NAREDCO suggests one-time roll over of realty loans - December 27, 2019
Source editorji.com
In a recent letter to the Finance Minister with recommendations to revive the realty sector, the National Real Estate Development Council (NAREDCO) has urged the government to provide a one-time roll over or restructuring of loans taken by developers. Due to the downturn in the market and also failures of several big NBFCs, the developers are facing acute liquidity shortage, the letter mentioned. It is noted that the RBI, through its June order, also permitted the banks to restructure or roll over the loans at their option.
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Architecture that takes one’s breath away, set amidst a lush, green environment with nature’s beauty being reflected in the lake - December 19, 2019
Source Realtynxt.com
The integrated township that has redefined Mumbai’s real estate, Hiranandani Gardens, Powai.....
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Mumbai's Premium Pin Code: Powai - December 18, 2019
Source Dailyhunt.in
Architecture that takes one's breath away, set amidst a lush, green environment with nature's beauty being reflected in the lake.....
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Hiranandani Estate Offer Ready to Move in 1 BHK Homes at ‘The Walk’-Thane - December 2, 2019
Source Businesswireindia.com
The Hiranandani Group has been creating townships along with the mixed-use township model since many years, such as Hiranandani Gardens, Powai......
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Urban Heritage of Mumbai Comes to Life at Castle Rock - July 31, 2019
Source Businesswireindia.com
For all those who desired home in the premium pin code - Hiranandani Gardens, Powai - and thought they’d missed the bus, the project, Castle Rock Atlantis is definitely good news.....
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The 'Urban Heritage of Mumbai', Hiranandani Gardens Powai Offers 2 BHK Homes - July 30, 2019
Source Dailyhunt.in
Mumbai, Maharashtra, India: Mumbai's "premium pin code" is one way in which arguably, the finest residential township in Mumbai, Hiranandani Gardens Powai is referred to. While the integrated township has effectively, redefined Mumbai's skyline, it has also created a new benchmark for Indian real estate......
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The Park Club Embodies ‘Infinity in Everything’ at One Hiranandani Park, Thane - July 30, 2019
Source Business Sandesh
The high-end of Uber Luxury when it comes to premium real estate, One Hiranandani Park is an exceptional project located on Ghodbunder Road, Thane. The project offers spacious apartments embellished with the twin advantages of not just a prime location but also a premium lifestyle.......
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The Park Club Embodies ‘Infinity in Everything’ at One Hiranandani Park, Thane - July 30, 2019
Source Realty Equity
The high-end of Uber Luxury when it comes to premium real estate, One Hiranandani Park is an exceptional project located on Ghodbunder Road, Thane. The project offers spacious apartments embellished with the twin advantages of not just a prime location but also a premium lifestyle. The central point amidst the 8 luxurious towers that comprise One Hiranandani Park is the club house, ‘The Park Club’.....
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Thane Infrastructure Boost With New Linkages: Dr Niranjan Hiranandani, Co-Founder & MD - Hiranandani Group - July 29, 2019
Source International Brand Equity
In the scenario where India’s economic growth is gradually moving into high gear, workspaces and homes are back in demand – and among the cities attracting the most of such attention is Thane. It truly fits in the definition of being an ‘emerging destination’, given that it has been attracting home seekers and workforce from across the spectrum – from affordable and midrange to luxury......
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‘Green Walls’ Are Environment-Friendly Way of Ensuring Sustainable Development: Dr Niranjan Hiranandani, Co-Founder and MD - Hiranandani Group - July 29, 2019
Source United News of India
In a scenario where the term, ‘eco-friendly building’ tends to get mixed up with ‘Green’ walls, a wall actually covered with greenery might just appear to be something very different – but that is not the case.....
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