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govt, developers and bankers discuss problems in the realty sector




a delegation of bankers, real estate developers and officials of the urban development ministry, with the latter's minister, hardeep singh puri, met to discuss problems in the realty sector. piyush goyal, officiating finance minister, was to have been at the meeting but did not attend, being busy in...



finance minister goyal to meet bankers to discuss ways to boost realty




piyush goyal, the officiating finance minister, will interact with bankers on thursday regarding ways to boost the real estate sector. a ministry source said, “the sector provides a lot of employment and is important. a meeting of bankers will take place on how to revive it. reforms have happened ...



govt may nudge bankers to delay decision on transaction charges




the government may nudge bankers to wait for sometime before imposing a fee on cash transactions beyond a certain limit. some private sector banks have informed their customers that they will impose transaction charges after four or five transactions.“we will talk to banking management. i do not t...



realty sector hoping for boost from implementation of rera, festive season




with as many as 125,000 residential units up for sale over the next three years, the struggling realty sector is hoping for a combined boost from implementation of the real estate regulatory authority (rera), positive market sentiment and the coming festive season. “there is massive demand for hou...



hdfc to sell hdfc developers, hdfc realty to quikr india for rs 357 cr




tiger global-backed online classifieds platform quikr has acquired hdfc developers ltd. and hdfc realty ltd. in a deal that is valued at rs 357 crore, as it looks to earn higher margins by accessing premium realty buyers and also expanding offline. in a filing with the bombay stock exchange, hdfc sa...



realty sector hit by tsunamis like demonetisation, rera, gst in 2017




the multi-year slowdown continued in the property market this year as sales and launches were hit due to triple tsunami -- demonetisation, rera and gst -- but developers hope for recovery in 2018 driven by affordable housing that got infrastructure tag and other sops.real estate developers and consu...



bet on stocks of tier-1 real estate developers




real estate stocks are currently on a roll. after giving negative or low returns from 2013-2016, the nifty realty index is up 91.14 per cent, making it the best performer year-to-date. attributing the current bullishness about real estate stocks to the government's push for the affordable housing se...



realty, consumer durable sectors outperform, up over 100% in cy17




while the s&p bse consumer durables index gained 101% during cy17, the s&p bse realty index rallied 106% during the same periodpranati deva  |  new delhi  last updated at december 29, 2017 15:08 isthttp://mybs.in/2ubfcum contrary to expectations that demonetisation and implementation of the goods...



bankers urge tsipras to stick to reform implementation | business




prime minister alexis tsipras and other cabinet members met on friday with the board of the hellenic bank association and heard leading bankers urge the government to proceed with the necessary reforms for the economy to achieve sustainable growth.tsipras acknowledged the need for fiscal balance to ...



mumbai to host asian bankers meet for 1st time




for the first time, mumbai would host the 34th annual conference of the asian bankers association (aba) this week. the two-day conference will be held in the megapolis from november 16 and would be hosted by state bank of india, with the theme of asia’s turn to transform, sbi said. the event is ex...



post-rera, channel partners becoming the crucial cog in realty sales




with the dynamics of the real estate sector changing in post-rera and gst era, developers are increasingly becoming dependent on channel partners to push sales through innovative ideas. "channel partners have started adding more value in marketing and sales. they are increasingly acting as advisors ...



govt to pay bankers to manage psu ipos




pavan burugula  |  mumbai  may 15, 2017 last updated at 19:04 ist



tech titans make pilgrimage to white house to discuss govt systems




qatar crisis spills into libyabusiness standardtop technology executives visited white house to discuss a potential upgrade of govt technologycecilia kang | nyt  june 21, 2017 last updated at 02:09 isthttp://mybs.in/2uwxgkd



govt to empower bankers: arun jaitley at bs awards




bs reporter  |  mumbai  march 26, 2017 last updated at 00:38 ist



i-t dept moves against hoarders: unsold realty inventory may be taxed




in a bid to curb hoarding of unsold inventories by real estate developers, the income-tax (i-t) department is set to tax unsold flats that have been lying with developers for more than a year. according to a senior i-t official, the fresh tax would be applicable on such inventories from the next fin...



realty shares in focus; nifty realty index up nearly 4%




shares of real estate companies were in focus with the nifty realty index surging nearly four per cent on the national stock exchange (nse), on back of strong rally in oberoi realty and prestige estates. at 03:03 pm; nifty realty index, the largest gainer among sectoral indices, was up 3.6% at 334, ...



tech titans make pilgrimage to white house to discuss govt systems




maldives, tourist haven, casts wary eye on growing islamic radicalismbusiness standardtop technology executives visited white house to discuss a potential upgrade of govt technologycecilia kang | nyt  june 20, 2017 last updated at 13:23 isthttp://mybs.in/2uwxgkd



realty buyers set to become king as rera comes into force tomorrow




the much-awaited real estate act comes into force on monday with a promise of protecting the right of consumers and ushering in transparency but only 13 states and union territories (uts) have so far notified rules. the government has described the implementation of the consumer-centric act as the b...



year end special: how indian real estate sector fared in 2017




the real estate sector continued to face a slowdown in 2017. but the government’s affordable housing push helped the segment emerge as a realty growth driver. 



lic housing settles loan dispute with db realty, withdraws nclt plea




lic housing finance has settled loan dispute with db realty and also withdrawn its application before the national company law tribunal to start insolvency process against the builder for recovery of rs 31 crore debt.in a filing with the bse, db realty informed that the company and lic housing finan...



iifl plans to raise cash from offshore investors




building blocks ·         ifc and hdfc collaborated to create an $800-mn corpus ·         mahindra lifespace developers partnered with hdfc capital affordable real estate fund-i of hdfc capital advisors to form a platform ·         shapoorji pallonji group is planning to b...



govt denies conflict waiver for investment bankers in ongc-hpcl deal




pavan burugula  |  mumbai  august 10, 2017 last updated at 01:36 ist



sacked bankers find it hard to get a new job, survey shows




photo: depositphotos.compeople who have lost their positions in the banking and insurance industry are finding it tough to land a new job, the financieele dagblad said on thursday, quoting figures from the state jobs centre uwv.only 27% of the people who lost their financial services sector jobs in ...



bring real estate sector under gst with stamp duty, moderate rate: assocham




if the real estate sector is brought within the ambit of gst, it should be along with the stamp duty and moderate rate, and should not add to the cost of housing and construction, according to an industry body.the associated chambers of commerce and industry of india (assocham) said the centre is ce...



bankers not being hounded; bom arrests an aberration: finmin official




a senior finance ministry official on monday described the arrests of top officials of state-run bank of maharashtra (bom) last week as an "aberration" and said it should not be construed that "bankers are being hounded". the economic offences wing of the pune police last wednesday arrested bom's ma...