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Source: Business Standard Union Minister of Commerce and Industry Piyush Goyal | (photo: ANI) 3 min read Last Updated : Sep 24 2024 | 7:46 PM IST Union Commerce and Industry Minister Piyush Goyal on Tuesday assured realtors that he would take up the issue of easy financing to the real estate sector like…
Source: Live Mint Let’s consider a real-life example. A friend of mine owned a property for which he was getting offers in the range of ₹4.25 crore to ₹4.5 crore. However, he was determined not to sell for anything less than ₹5 crore. He held onto the property for five years and finally sold it…
Source: Business Standard More millionaires are on the move than ever before, and as one set of countries competes to load their spending needs onto them, another set lays out the welcome mat, recognizing that a wealthy resident is likely to generate more in sales taxes than many taxpayers do in income taxes. …
Source: Live Mint When it comes to growing wealth, exploring diverse investment options is crucial, especially in a landscape where SME IPOs can be unpredictable. While SME IPOs may attract attention for their potential high returns, alternatives like mutual funds, stocks, ETFs, real estate, and REITs offer compelling benefits that can enhance financial security and…
Source: Business Standard 3 min read Last Updated : Sep 19 2024 | 11:21 AM IST As more Indians migrate to urban centers, the debate between buying and renting homes has once again resurfaced. While both options have their merits, recent data from property consulting firm Anarock shows a significant trend in rental value…
Source: Business Standard 5 min read Last Updated : Sep 18 2024 | 1:03 PM IST In recent years, private equity has toppled real estate as the largest allocation for the world’s ultra wealthy, according to a report by TIGER 21, a premier organization for ultra-high-net-worth individuals. Hedge funds are “dead” as…
Source: Live Mint What ‘world peace’ is to Miss India contestants, ‘geopolitical risk’ is to fund managers – a cliched answer that they spout when faced with the inevitable ‘What is the risk?’ question. Bertie, too, has often used this platitude and when his client recently asked him the oft-repeated risk question, he unfurled the…
Source: Business Standard Shaktikanta Das, RBI Governor (Photo: Shutterstock) 3 min read Last Updated : Sep 13 2024 | 8:13 PM IST Banks could be a target for short sellers as stress in the global commercial real estate sector can cause liquidity squeezes, Reserve Bank of India Governor Shaktikanta Das cautioned on Monday. …
Source: Live Mint Despite the perennial rent versus buy conundrum, owning a roof over one’s head is by far the principal dream of all individuals. Given the upward trajectory of housing prices in India, a bank auction of distressed properties provides a unique window to purchase a property at a discount of up to 30%…
Source: Live Mint Shares of Century Textiles & Industries, the real estate venture of the Aditya Birla Group, surged 8.2 percent in intraday trading today, hitting a new all-time high of ₹2,689 per share. This followed a 5.6 percent rise in the previous session, bringing the total two-day gain to 14 percent. The surge was…
