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M3M Group To Sell Gurgaon Tech SEZ To Tata Realty For Rs 500 Crore: Report

New Delhi: Real estate firm M3M India has entered into an agreement with Tata Realty and Infrastructure to sell its proposed IT special economic zone (SEZ) at Gurgaon for about Rs 500 crore. M3M India’s subsidiary Mikado Realtors Pvt Ltd had received a formal approval from the Commerce Ministry to develop a 25 acre SEZ for electronic hardware and IT/ITeS ... Read More »

PE Investment In Retail Real Estate At Rs 1,000 Crore In January-May: Report

New Delhi: Indian retail real estate has become attractive again for global investor as private equity (PE) investment in this segment has reached $149 million in the first five months of this year and likely to break previous record of 2008, according to property consultant JLL. During the entire 2008 calendar year, PE investment in retail real estate stood at ... Read More »

Your Smartphone Loses Half Of Its Value In A Month: Report

London: Planning to buy a new smartphone? Remember that the device may lose half of its value in a month which is even faster than your car, says an interesting study. While cars typically lost 20 per cent of their value a year after being driven off, money-draining smartphones went down up to 65 per cent of their value in ... Read More »

India Has Improved In Transparency Ranking In Real Estate: Report

Mumbai: Owing to policy measures taken by the government, India has improved in global rankings in terms of transparency in real estate sector in Asia Pacific, says a report. As per a study titled Global Real Estate Transparency Index (GRETI) 2016 by property consultant, Jones Lang LaSalle, the country has improved in overall transparency scores across all markets, and has ... Read More »

Over 20 Million Indian Children Have No Access To Pre-School: UN Report

According to the government’s National Survey for Estimation of Out-of-School Children conducted in 2014, more than 60 per cent of children dropped out before completing class 3. (File photo) NEW DELHI:  HIGHLIGHTS Lack of access to pre-schools impacts learning capabilities: UNICEF Over 60% kids dropped out of school before completing grade 3: UNICEF Maternal educational also contributes to child’s chances ... Read More »

iPhone 7 to deliver With New ‘area Black’ shade version: report

HIGHLIGHTS Apple is tipped to introduce a space Black colour version space grey colour version is tipped to be phased out The latest leak refutes Deep Blue colour version hearsay Apple’s subsequent iPhone providing is said to include minimum layout modifications, and attention on key tweaks in specifications and hardware. while the maximum super so far is the expected dualdigicam ... Read More »

personal equity funding In Retail homes can also Double In 2016: report

New Delhi: non-public fairness (PE) investment in retail houses is likely to double to $80 million this calendar 12 months particularly due to liberalisation of FDI coverage, in keeping with belongingsrepresentative JLL India. “The retail sector can sit up for a greater pleased 2016, given some appropriate initiatives taken with the aid of the government,” JLL India Chairman and us ... Read More »

private equity investment In Retail properties may Double In 2016: report

New Delhi: non-public fairness (PE) funding in retail houses is likely to double to $80 million this calendar12 months especially as a consequence of liberalisation of FDI policy, in keeping with belongingsconsultant JLL India. “The retail zone can sit up for a more cheerful 2016, given some true initiatives taken by means of thegovernment,” JLL India Chairman and us of ... Read More »

Worli In South Mumbai New Housing destination For extraordinary-rich: Report

New Delhi: Worli in South Mumbai has emerge as the brand new luxurious residential destination for extraordinary–rich and celebrities with the likes of Virat Kohli, Akshay Kumar and commercial enterprise mogul Ajay Piramalbuying properties on this place, a file stated. in step with the record with the aid of belongings representative JLL India, Worli has visible massive–price tag transactions ranging ... Read More »

Delhi-NCR New domestic Launches upward thrust sixty two% In March quarter: report

builders in Delhi-NCR have focused at the less expensive section that accounted for forty one% ofgeneral launches within the March region with launch of 1,855 gadgets, says belongings representativeCushman & Wakefield. New Delhi: Launches of latest houses extended 62 per cent to four,six hundred gadgets in Delhi-NCRduring January-March no matter gradual call for and huge unsold stocks, in keeping with ... Read More »