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NEW DELHI: India’s largest real estate firm is one of the major beneficiaries of recent policy reform allowing 51% foreign direct investment in multi-brand retail and also an expected rate downcycle, says a report by brokerage firm Motilal Oswal.
The recent announcement by the RBI of strong growth in the service sector in 2011-12 has brought cheer to the real estate developers, as it may sustain the present high demand of commercial real estate in the near future. The … Continue reading
Bad news for the developers ahead of the festive season. There is no sign of revival in the property market; in fact it is going south. In last three months, property sale registration in the city has reduced by almost … Continue reading
Keep Wisdom Of House In Mind: Pawar To Cong New Delhi: The government on Tuesday appeared to be on the brink of a possible setback over its controversial decision to allow global retail chains to set up shop in India,with … Continue reading
New Delhi: While the opposition parties have cornered the ruling Congress government in Parliament for allowing foreign direct investment (FDI) in retail sector, the state unit of Bharatiya Janata Party (BJP) staged a dharna at Jantar Mantar for immediate rollback … Continue reading
Sensex Loses Over 10% in Jan With concerns that rising prices and higher interest costs would hit profits,the stock markets declined for the third consecutive day and the BSE benchmark index looks set to post its biggest monthly loss since … Continue reading
Two of the world’s top retailers, Wal-Mart and Carrefour, vying for a cut in India’s organized retail pie, have asked the government to allow up to 51 per cent foreign investment in multi-brand retail. India allows 51 per cent foreign … Continue reading
The Centre is mulling over creation of an independent body to regulate the country’s vast retail sector. The retail regulatory authority would ensure a level playing field for indigenous retail traders if the government opens the sector to more foreign … Continue reading
Shares of multi-retail firms soared on Wednesday after the Government’s plans to consider FDI investments in the organised retail space. Some multi-retail stocks even touched their highs on a day when the benchmark indices fell. The Ministry, in a discussion … Continue reading