The Thomson Reuters/INSEAD Asian Business Sentiment Index tracking companies’ six-month outlook worsened in the three months ended June to 53, versus 63 in the previous two quarters. A reading above 50 means optimistic respondents outnumbered pessimists, but worries about the threat of a prolonged trade war drove the index to its lowest since the June quarter of 2009
With just three years remaining for meeting the Housing For All target, the task ahead is daunting but perhaps doable with concerted political will – if not by 2022, then at least by the culmination of the Modi Government’s new five-year term.
The upsurge of India’s commercial office market began in 2017 and has been further boosted by the arrival of REITs. Commercial real estate in India is driven by strong economic fundamentals, demand for quality Grade A office space, relatively affordable rents, and the new co-working office space trend in key markets.
India needs an investment of INR 451 lakh crore (US$ 6.62 trillion) over the next 5 years to achieve 10% GDP growth rate by 2023-24.
Bajaj Auto has launched the new Platina 110 H-Gear which sports a digital console with a first-of-its-kind ‘Gear-Shift-Guide’, trip-meter and fuel indicator. The ‘Gear-Shift-Guide’ guides the rider…
Enduring its impressive sales performance, Suzuki Motorcycle India (SMIPL), a subsidiary of two-wheeler manufacturer, Suzuki Motor Corporation reported a 17.7 % increase in sales for…
Indian homebuyers are gradually returning to the market and taking advantage of favourable property prices and cuts in GST and home loan rates earlier this year.
With Modi 2.0, India can expect the steady momentum that the real estate sector has been regaining in recent times to not only maintain its pace but pick up speed. Some of this government’s initiatives will now doubtlessly sail through to the final stage of their journey.
FICCI has also suggested measures to spur investment and growth including a corporate tax rate cut to 25% and a simpler Alternate Minimum Tax in its pre-budget recommendations to the Ministry of Finance.
The opportunity that the Indian retail sector holds in store for PE investors is more than evident – as are the geographies they must focus on for optimum returns. ANAROCK data reveals that around 39 mn sq. ft. of organized retail space is expected to enter the market between 2019-2022.