Realty firm Sobha today reported 6.21 percent decline in its sales bookings last fiscal at Rs 2,012.40 crore due to slowdown in property market.
The demand for student housing is expected to see a rapid growth in India and real estate firms should tap opportunity in this segment to beat current slowdown in the residential market, according to JLL India.
Watch accompanying videos of the 10th Mint Annual Banking Conclave 2017, wherein eminent panellists Dr. D Subbarao, Former Governor of Reserve Bank of India and CB Bhave, Former Chairman of Sebi are discussing about slowdown in the economy after demonetisation.
Speaking to CNBC-TV18, Ashish Damani, Chief Financial Officer at Bharat Financial Inclusion, said the microfinance company is working on a cashless model.
Global investment in renewable energy dropped by 18 percent in 2016 due to sharp falls in equipment prices and a slowdown in China and Japan, a study found today.
Dismissing concerns of slowdown due to demonetisation, Finance Minister Arun Jaitley today said both direct and indirect tax collections have shown robust increase during the April-December period, indicating uptick in economic activity including manufacturing.
Even if the government had waited for the economy to improve before announcing demonetisation, the outcome would have been more or less the same it hit the very foundation of the cash economy, which had an impact on all aspects of economy
Data shows the economy has not sunk deep. It is still hovering around the surface. A big push from finance minister Arun Jaitley is needed
Everybody is now going for finance with very few choosing cheque or an online option. People are now scared that making any down payment, even if it is cheque, could attract scrutiny of the income tax department, says an auto dealer
The government‘s recent demonetisation move, is likely to result in a steep correction in real estate prices across the country, making it a good time to buy property. However, if you are eyeing the R
The sudden ban on Rs 500 and Rs 1000 currency notes has resulted in a situation of limited or no cash in the market to be parked in real estate assets.
In conversation with CNBC-TV18, Naushad Forbes, Prez of CII, said the broad industry reaction on demonetization is that it is a very good move.
In an interview to CNBC-TV18, Ranbir Singh, President and CEO of GNA Axles said that Q2 saw revenue growth at 6.7 percent.
Twitter Inc reported a sharp slowdown in quarterly revenue growth on Thursday and said it would cut 9 percent of its global workforce.
The current real estate slowdown has put the spotlight on some of the mistakes people commit in the realty market. Over-concentration The past decade‘s strong real estate returns have led to investors ignoring R
In the real estate market, fear is often used as a tool to drive the market sentiment and to influence the demand and supply matrix. For several years now, we have often heard that R
Top developers sometimes launch new projects, even when the market is witnessing a slowdown and there is a sound logic behind this. There is always demand for residential projects at convenient locations and with R
In Q1 its EBITDA is seen up 5 percent at Rs 870 crore from Rs 828 crore while its operating profit margin (OPM) may stand at 38.9 percent against 37.1 percent year-on-year.
The Indian real estate slump has brought a wishful thought to the fore, the buyers‘ market. Across the built environment of real estate, there is a critical evaluation of opportunity cost as the transactions R
The first quarter is too early to judge the company's performance, says Gopal Mahadevan, CFO of Ashok Leyland.
The government is considering whether to ease the repayment mechanism further for cash-starved steel companies which are facing the crunch due to persistent slowdown
Regardless of where the market is headed, there will continue to remain many stock or sector specific ideas, says Ridham Desai of Morgan Stanley.
Srivats Ram, Managing Director, Wheels India, said the company is facing a slowdown in its construction and mining segment and may remain this way for the coming months due to low commodity prices.
And while India has been the top remittance receiving nation for many years now, inflows declined around 5 percent in 2015 as a slowing global economy and plunging oil prices affected jobs and income
Even as the global economy faces concerns over slowing growth, India is an economy that continues to stand out both for its external environment as well as its instrinsic strength, says Mihir Doshi, India CEO, Credit Suisse.