Increase in effective rates of additional duty of excise/customs levied on petrol and high speed diesel oil from Rs 2 per litre to Rs 6 per litre.
Tag: Real estate
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New Gurgaon sees rise in PE investors
Over the past 15 months, New Gurgaon, which is an area between Manesar and old Gurgaon, has seen investments in real estate projects by several private equity funds. Singapore sovereign wealth fund GIC recently put in Rs 150 crore in a joint venture with realty firm Vatika group to develop two projects in this area of Gurgaon.
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IndoSpace leases 122,256 SF to Dream Plast in Chakan, Pune
IndoSpace, the leading industrial real estate developer and provider of modern logistics in India has leased a 122,256 square foot manufacturing facility to Dream Plast in Chakan, Pune.
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Dial India for business
As the government is busy announcing and working on measures which apparently seem insignificant, instead of big bang reforms, yet investor confidence has picked up pace.
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NBCC MAY develop NEW AP capital
Andhra Pradesh government is in advanced stage of talks with National Buildings Construction Corporation (NBCC) for the development of capital city Vijayawada.
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Good Days Are Here…
The first 100 days of the Modi government have been encouraging. Now the Centre is firmly moving to mission mode. There´s much that the infrastructure sector can look forward to in the days to come. Let´s look at the various initiatives that the government plans to unroll.
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ILFS IML to raise $1 bn
IL&FS Investment Managers Ltd (ILFS IML), the private equity arm of IL&FS, will raise about $1 billion (Rs 6,000 crore) from primarily overseas investors to invest in roads,
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Global View
Ramesh Nair, COO - Business & International Director, JLL India has been appointed to the Global Regulatory Board of RICS, becoming the first Asian to take on this role.
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Budget gives boost to real estate
The Budget proposes low-cost housing for young citizens with Rs 4,000 crore; allocation of Rs 4,000 crore for affordable housing via National Housing Bank and housing for all by 2022, which will create a favourable environment that will boost affordable housing in the country.
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Toll-free India: A tall toll tale
With the National Highways Authority of India´s (NHAI) plans to take on 26 road projects on the grounds of under-reporting, the fallout on the road sector is likely to be hug