Hike of 0.25 basis points in repo rate will not make major difference to real estate: Niranjan Hiranandani

By Accommodation Times Bureau MUMBAI The RBI has raised a 'cautionary flag' on inflation, by raising the repo rate by 25 basis points. This marks the first interest rate hike in four-and-a-half years. The counter-balancing factor was that the RBI has retained its 'neutral' stance. The six-member monetary policy committee (MPC), headed

Mall of the future, in the online era

By Susil Dungarwal, Sole Promoter & Chief Mall Mechanic® of Beyond Squarefeet Footfalls in Malls have declined steadily, since the advent of the Online shopping portals, who are able to offer the merchandise to the consumers at their doorstep. Will this stop the consumers from going to the Mall? Not really.

Effects of GST on the Real Estate

By Accommodation Times Bureau With the recent issue of the GST, one should first get to know what it really is. GST stands for ‘Goods And Services Tax’. It can be simply defined as the tax levied on every supply of goods and services. The passing of this bill will be

Tata Group Reorganises Realty, Infra Biz

By Accommodation Times Bureau MUMBAI Tata Sons on Thursday said that the reorganisation of its Realty and Infrastructure business was in order to simplify structures and scale business rapidly. Tata’s realty business now will include Commercial Real Estate and Housing businesses and will be run as a joint business, said the statement. N. Chandrasekaran, Chairman,

Prestige Estates Projects enters into deal with HDFC Capital Advisors to form affordable housing segment

By Accommodation Times Bureau MUMBAI The Prestige Estates Projects has entered into an agreement with HDFC Capital Advisors to expand its business and to support affordable housing  segment, the company release stated. This real estate platform will have a capital of Rs 25 billion and will be a blend of equity and debt. The

EOW arrests Odisha based Real Estate Developer

By Accommodation Times Bureau BHUBANESWAR An Odisha based real estate developer, Durga Prasanna Mishra, director of Shree Baladevjew Infrastructure Private Limited, was arrested by Economic Offences Wing (EOW) of Crime Branch for allegedly cheating buyers of nearly Rs 5 crore, on Friday. R K Sharma, inspector general of police (EOW), said, "We found