Mumbai: Real estate company Embassy Group has roped in L&K Saatchi & Saatchi as its creative partner. The agency would begin its partnership with the real estate group by managing the integrated creative mandate for its premium residential portfolio Embassy Springs. “Embassy Group has continually strived to strengthen our brand association with our consumers by relentlessly
NRIs’ property buying props up south Indian markets
May 14, 2021
Largest investment comes from the Gulf, followed by the US, and Singapore
During these uncertain times, non-resident Indians (NRIs) have realised the essence of having a house in their home country to settle in the future this has led to major home-buying in the southern markets in Karnataka, Tamil Nadu, and Kerala.
“These NRI investments are a common aspect of the Indian economy. NRIs usually buy property in the country for both lucrative and sentimental options. Also, with the primary motive to either invest or use it for rental purposes,” said Reeza Sebastian, President – Residential, Embassy Group.
The real estate industry, passing through a protracted recession even before the pandemic which worsened it manifold FP Staff February 03, 2021 22:05:49 IST
The real estate sector is confronting crippling liquidity for a long time. A relaxation in norms for raising capital, tax incentives for home buyers, reduction in housing finance cost through preferred interest rates, continuing subsidies under Pradhan Mantri Awas Yojana (PMAY), and paving the road for the quick availability of Alternate Investment Funds (AIF) are some of the relief measures the sector expects. These initiatives will put more money in buyers’ and developers hands, stoking the revival in the sector.
Union Budget 2021: Realty sector wants finance minister to accord long-awaited industry status The last few years have witnessed a major downfall in the real estate sector owing to demonisation, GST, RERA, NBFC crisis, says Sanjay Daga, COO, Runwal FP Staff January 31, 2021 19:39:28 IST Expectations rise for real estate sector ahead of budget.
The real estate sector is confronting crippling liquidity for a long time. A relaxation in norms for raising capital, tax incentives for home buyers, reduction in housing finance cost through preferred interest rates, continuing subsidies under Pradhan Mantri Awas Yojana (PMAY), and paving the road for the quick availability of Alternate Investment Funds (AIF) are some of the relief measures the sector expects. These initiatives will put more money in buyers’ and developers hands, stoking the revival in the sec