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Author Archives: Loknath Das

Lenovo S5 With 18:9 Display, Dual Rear Cameras Launched: Price, Specifications

Lenovo S5 was launched at an event in China on Tuesday, and it sports an 18:9 display and dual rear cameras as its highlights. Other highlights of the S5 that the company is touting include a full metal body, 2.5D curved glass, face unlock, and new gesture-based UI to replace the hardware capacitive buttons. At the event, Lenovo also launched two new budget ... Read More »

Nokia 5233 Reportedly Explodes on Call in India, Victim Succumbs to Injuries: HMD Global Responds

An unfortunate incident from the Kheriakani district in Odisha has emerged that involves the death of a teenager while using what is seemingly a Nokia 5233. According to reports, the teenager named Uma Oram was on call with a relative while the phone was also plugged in for charged. The 18-year-old victim, Uma, had reportedly suffered injuries to her hand, chest, ... Read More »

Xiaomi Mi MIX 2S Won’t Include a Selfie Camera Notch, Official Teasers Hint

While it was previously rumoured that the Xiaomi Mi MIX 2S will come with a notch on the upper-right corner for a selfie camera, Xiaomi has now confirmed that the upcoming smartphone will not feature a front-facing camera on top – unlike many other Chinese offerings. The company on Monday released some teasers of the Mi MIX 2S that confirm the absence of the awkward notch. ... Read More »

Post-Real Estate Regulation Act, channel partners emerge as vital cog

MUMBAI, MARCH 18 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 — sales professionals than brokers. They are taking more responsibility and are ... Read More »

Mumbai’s Real Estate Will Take At Least A Year To Revive, Knight Frank Says

Maharashtra’s change in law allowing a reduction in ready-reckoner or benchmark property rates suggests that a revival from the disruption caused by the cash ban and a strict housing regulation may take another 12-18 months, Knight Frank India said. Most of the people who don’t need houses immediately in Mumbai, India’s second-largest property market, will prefer waiting to see a ... Read More »

Godrej Fund Management enters the commercial real estate private equity space

Godrej Fund Management, the real estate private equity arm of the Godrej Group, has announced the first close of its US $450 million office development fund and a US $150 million office investment fund. Jointly the funds can invest/develop office assets worth over US $1 billion in value, a company statement said. With this development, the assets under management for GFM, ... Read More »

India’s real estate sector to reach $180 billion by 2020, says report

India’s real estate sector is projected to reach $180 billion by 2020 from $126 billion in 2015, according to a joint report by CREDAI and JLL.Investment inflows in the housing sector since 2014 have been Rs 590 billion, about 47 per cent of the total invested money in real estate, it said.The report also said that the contribution of the residential segment to the ... Read More »

RERA to rope in private entity to identify unregistered real estate projects

BENGALURU: In a bid to crack down on builders who are not complying with new real estate norms, the Karnataka Real Estate Regulatory Authority(RERA) is planning to employ a private entity to find unregistered housing projects. RERA has called for tenders to appoint a consultancy to identify ongoing and new real estate projects which haven’t registered with the authority. RERA, which ... Read More »

Real estate showing signs of revival; need for correction in land prices: Naidu

The real estate sector is showing signs of revival after a period of slowdown, Vice President M Venkaiah Naidu today said but expressed concern over high prices of land parcels especially in smaller cities. Addressing realtors’ body CREDAI annual conclave, he asked the association to adopt self code of conduct for members and keep distance from defaulting and fly-by-night operators. ... Read More »

10 cars launching in 2 months! From Jeep Compass AT to Tata Tiago JTP and Brezza petrol

The period of March-April is quite exciting for the car market. With the change of financial year, manufacturers start coming out with their new products in the market. What are the cars that will be launched in March-April 2018? Here’s a list. Ford Figo Freestyle Ford claims they have made changes to the suspension and the steering. The ride is ... Read More »