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Infra Monitor: End of one of the darkest chapters in India’s infra story
Source: The Financial Express Jul 20, 2016
The Central Electricity Authority (CEA) has forecast that, for the first time ever, India will have surplus power in the current fiscal. ... more
Maritime infrastructure: How safe pvt sector finds govt harbour is key
Source: The Financial Express Jul 20, 2016
To enhance the efficacy of the country’s maritime infrastructure and services, the government is formulating various measures ranging from policy reforms to creation of new infrastructure. Some of the key measures include Sagarmala, revision in Model Concession Agreement (MCA) and a new legislation, the Central Port Authorities Act (CPA Act). While Sagarmala is expected to carve out the approach for creation of maritime infrastructure, measures like a revised MCA and the new CPA Act will offer a conducive regulatory environment to fast-track development. ... more
Ultratech Cement profit soars 29% at Rs 780 cr
Source: The Financial Express Jul 20, 2016
India’s biggest cement company by capacity UltraTech on Tuesday reported a strong 29.17% year-on-year rise in its net profit to Rs 780.11 crore for the three months to June. ... more
No cement player is a threat to UltraTech: Birla
Source: Business Standard Jul 20, 2016
With the Rs 16,189-crore acquisition of JP Associates' units across the country, UltraTech has acknowledged that it is an undisputed leader in India's 420-million tonne cement industry. ... more
Buy L&T, Hero MotoCorp, Godrej Properties: Motilal Oswal
Source: Business Standard Jul 20, 2016
Here are a few trading calls from Sacchitanand Uttekar, Equity Technical Analyst, Motilal Oswal Securities for trade today: ... more
Power producers' earnings to see uptick
Source: The Times of India Jul 20, 2016
With 9.6 per cent growth in electricity generation across the country, power companies are likely to report an increase in earnings during the first quarter of FY17 on year-on-year basis. ... more
Now, clearance from district administration compulsory for major housing projects
Source: The Times of India Jul 20, 2016
From now developers undertaking major housing projects in the state need to take clearance from the district administration stating the nature of land and the exact details of the project along with an outlying plan of the nature of construction. A developer will need to submit all these papers to the state environment department for clearance. A separate Urban Land Ceiling certificate will have to be submitted by the developer in case the total covered area of the housing project is 2 lakh square feet or more. In case of ULC, the state land revenue department gives such a certificate. ... more
Decoding the NRI investment quotient in real estate
Source: The Times of India Jul 20, 2016
Many factors have to be taken into consideration before one steps into a new territory to reach out to investors in realty. ... more
First reactions on single window for approvals
Source: The Times of India Jul 20, 2016
Single window for approvals in real estate is welcomed by industry, but many find it complex, even confusing. We capture first reactions. ... more
LIC Housing Finance net profit up 7% at Rs407 crore
Source: Livemint Jul 18, 2016
Housing finance company LIC Housing Finance on Friday reported a marginal 7% growth in net profit at Rs.407.84 crore in the quarter ended June due to higher provisioning. ... more
Motilal Oswal’s investment banking CEO Ashutosh Maheshvari quits
Source: Livemint Jul 18, 2016
Ashutosh Maheshvari, chief executive of Motilal Oswal Group’s investment banking business, has quit the firm to launch a structured debt fund, after 10 years with the firm. ... more
Grow a herb garden at home
Source: The Times of India Jul 16, 2016
Herb gardens can be grown in the smallest of spaces and add more to your menu. It is a myth that these exotic herbs can't be grown in hot climes because the seeds aren't available. Those who stay in small apartments and cannot indulge in gardening due to lack of space, also have reason to rejoice. Floral beds and manicured gardens sure have that come-hither oeuvre and magnetic appeal. Welcome to herb gardens that are garnering a lot of interest these days. ... more
The seventh heaven
Source: The Times of India Jul 13, 2016
Realty sector is expected to witness an increased activity, thanks to implementation of the 7th pay commission. ... more
Houses for different and able: How many?
Source: The Times of India Jul 13, 2016
For differently-abled people, there are still very few friendly houses out here. How? Let's find out... ... more
The default in our stars
Source: The Times of India Jul 13, 2016
Have you checked your creditworthiness lately? We tell you why you need to be less nonchalant about your credit score if you are serious about owning a house. ... more
All you want to know about undivided share or UDS
Source: The Times of India Jul 13, 2016
Undivided share plays a major role when it comes to buying an apartment in a residential complex or a township. ... more
Liability law should not concern anyone: S K Sharma
Source: Business Standard Jul 13, 2016
India’s nuclear capacity will be increased to 12,980 (megawatt) Mw from 5,780 Mw by 2023, based on current projects launched. The existing sites being developed have the potential to launch about 32,000 Mw, through indigenous and foreign reactors. In an exclusive interview to Sanjay Jog, the Nuclear Power Corporation of India’s (NPCIL) newly-appointed chairman and managing director S K Sharma explains the growth strategy. Edited excerpts: ... more
Office space absorption up 46% in June quarter
Source: The Economic Times Jul 13, 2016
Real estate consultancy firm CBRE in its latest report says there has been a quarter-on-quarter (q-o-q) growth of 46 per cent in office space take-up, primarily led by the Delhi national capital region (NCR) and Bengaluru, which accounted for almost 50 per cent of the total space take-up. ... more
Indian builders with assets in London face Brexit risks: Fitch
Source: The Economic Times Jul 13, 2016
Indian home builders who have significant investments in the London property market will face near-term challenges from Britain's vote to exit the EU last month, says Fitch Ratings. ... more
Parliament passes Real Estate Bill; homebuyers, developers to gain
Source: The Financial Express Jul 12, 2016
Real Estate Bill - Parliament Real Estate Regulation and Development Bill is set to become law with the Lok Sabha passing the long pending legislation for housing sector. ... more
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