According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate.
While Gurugram sees biggest drop in house prices, housing sales in Bengaluru dropped by 45 per cent followed by Kolkata, a 44 per cent decrease, and Ahmedabad, a 42 per cent decline.
'Financial independence will help unlock the full potential of these businesses.'
It is raining private equity funds in the logistics and warehousing space.
The firm is likely to spend $600 million in total for the new stores. The average size of its stores is about 55,000 sq ft.
Over 25,000 sq ft leased by them in last three months after new maternity Act. Raghavendra Kamath reports.
AND, W, Biba step up their game worldwide. While global brands go all out to woo India customers.
The Swedish fashion-retail brand cracks open the Indian market faster than its competitors, gaining from an aggressive pricing and retail policy.
Brand Factory clocked in Rs 1,045 crores worth of sales in FY17, accounting for 27 per cent of the total revenues earned by Future Lifestyle Fashions Retail. But what about the future?
Avenue Supermarts, which runs D-Mart, posted a 47 per cent jump in net profit in the March quarter and its revenue and operating profit went up 41 per cent. The company's chief executive and managing director, Neville Noronha, talks to Raghavendra Kamath about strategy.
Slump in realty market to add to woes, debt of top players likely to rise 15-20% this financial year
States such as Maharashtra have made it mandatory for developers to register the ongoing projects
Consolidation is happening because of a prolonged slowdown in residential sales which has also brought down the business of brokerages.
10 malls expected to go off business this year
The average home prices in Mumbai have touched Rs 12,000 per sq ft
Navil Noronha stepped out of the shadows to address the media for the first time during the company's recent IPO.
According to property experts, this is the biggest plan by any developer at the moment.
Almost two years after it entered India, global fashion retailer Gap struggles to keep up with rivals Zara and H&M.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
Saks sells luxury brands such as Jimmy Choo, Giorgio Armani, and Tod's, besides premium brands such as Fila and Puma.