JLL, India's largest and leading International Property Consultancy, has announced the elevation of Karan Singh Sodi to Managing Director – Mumbai (MMR).
Category: ECONOMY & POLICY
Post
Post
OECD signs MoU with CII for greater collaborative work
“India, with a 7 per cent growth rate, is flowing against the tide despite the difficult economic environment prevailing across the world,” said Angel Gurria, Secretary-General of the Organisation for Economic Cooperation and Development (OECD).
Post
India is important in terms of the urbanisation discussion
ISO certification could be a key to understand the challenges and responsibilities of dealing with rapid Indian urban growth, says Matthew Lynch, Vice President, Global Partnerships & Initiatives, World Council on City Data.
Post
Infra status for housing was long-awaited
Yes, we believe that with the affordable housing sector being accorded infrastructure status, coupled with the area limit being increased, developers will now have greater access to low-cost funding for longer tenures, and hence will be inclined to get into this segment.
Post
Afordable housing has big-ticket opportunities
Low-cost housing is a volume business. Private companies would be interested in this business only when there is scale. The intention of the government to give this sector infra status is to offer access to low-cost funding for the sector.
Post
India is on the cusp of large-scale urbanisation
Infrastructure status for affordable housing was a long-standing requirement of the sector. This move should boost the volume of construction activity across the country, which has been struggling with reduction in the number of projects being launched over the last few quarters.
Post
Affordable housing is now lucrative for real estate majors
The announcement of infra status for the affordable housing segment in the Budget will open up new avenues for developers planning to offer budget housing units and will make it easy and comfortable for them to get finance from lending agencies.
Post
We foresee more investments by FIIs, foreign investors and NRIs
The government has expressed the vision of 'Housing for all' by 2022, so in that sense the budget showcases a long-term vision. We are hoping that the government should articulate action plans that would follow their expressed intent. It was vastly anticipated that the budget would arrive at correcting the market drawbacks as a whole.
Post
It’s feasible now for infra majors to get into affordable housing
The 'Infrastructure' status to the affordable housing segment seems adequate to spur investments by the private sector with favourable outcomes as it opens up a plethora of avenues for the benefit of affordable housing.
Post
Infra status won’t drop prices, but will increase housing supply
With infrastructure, we expect the affordable housing segment to develop a new degree of velocity because the cost of capital is going to reduce and lenders are going to be motivated to invest money in this sector. Likewise, the tax status for development is beneficial with the infrastructure status.