JP Morgan cuts India growth forecast, sees rate cuts http://www.indiarealestateblog.com/?p=2226... JPMorgan has cut its forecast for Indias economic growth in 2008/09 and 2009/10, it said in a note on Monday, adding that it expects aggressive rate cuts by the Reserve Bank to support the growth momentum.
The Indian economy may grow 6.7 percent in the year ending March 2009, JPMorgan said, down from its earlier forecast of 7 percent. The economy may grow 6.2 percent in 2009/10, down from its previous estimate of 6.8 percent, the bank said.
The moderation in exports, small business output, and real estate related activity could crimp urban consumer spending as employment and household income growth slackens, JPMorgan said in the note.
Logistics to see 15-20% growth http://www.indiarealestateblog.com/?p=2028... Indian logistics industry is expected to grow at 15% to 20% per annum, reaching its revenues of $385 billion by 2015, said a report prepared by Cushman and Wakefield, which term the sector as new powerhouse for the real estate sector in times to come.
As per C&W estimates, the market share of organised logistics players is expected to double to approximately 12% in the same period. The new logistics centres will give big boost to the industrial activities in the country.
The report revealed that 110 logistics parks spread over 3,500 acres at an estimated cost of $1 billion are expected to be operational by 2012. Around 45 million sq ft of warehousing space will be ready in the next four years.
Cento to sell 500 Indian realty projects in overseas market http://www.indiarealestateblog.com/?p=2003... Global realty consultant Cento International Investments on Tuesday said it expects to sell 500 Indian real estate properties in the overseas markets within next three months attracting a net worth of over Rs 250 crore by projecting the country as an investment destination.
The UK-based consultant is in advanced stages of discussions with many developers, like Parsvnath for its Nano City, K Raheja Group, DS Kulkarni, Lodha Group and Alpha G Corp, for showcasing their projects in the European markets.
We are in final stages of talks with them (developers) and will be showcasing their products in London for selling. We expect to sell 500 properties of these developers of at least Rs 50 lakh each in the next three months, Cento International Investments Director (Sales) Nitesh Alagh said.
Covering Holes In Your Pocket http://e-paydayloan.co.uk/blog/2008/08/04/cov... Many things can burn holes in our pockets. Regular expenses that used to be manageable are getting more and more difficult to handle.
Indian Bank Avoids Deposit Ban http://www.indiarealestateblog.com/?p=1871... Indias central bank told Sahara India Financial Corp., a massive savings-plan company, to put independent directors on its board and stop taking new deposits that mature beyond June 2011.
In an order that was a partial reprieve for the founder of Sahara, Subrata Roy, the Reserve Bank of India backed off an order issued earlier this month that Sahara stop taking deposits altogether. It changed its judgment after discussions with Sahara ordered by Indias top court.
Indiabulls trust prices IPO at the bottom http://www.indiarealestateblog.com/?p=1853... Indiabulls Properties Investment Trust (IPIT) has priced its initial public offering at the bottom of the indicated range at S$1.00 for a total deal size of S$262.5 million ($193 million) and a projected yield of 9.8% for the fiscal year to March 2010. The trust, which focuses on commercial property in India, is due to start trading in Singapore at 2pm on June 11.
Get Relief Till Payday http://e-paydayloan.co.uk/blog/2008/05/15/get... Everyone looks forward to payday. Sometimes, those of us who receive our wages on a regular basis sometimes just cannot make the money last till the next payday comes along.
Lack of clarity may hit realty funds take-off http://www.indiarealestateblog.com/?p=1774... MUMBAI: A week after SEBI announced guidelines for real estate mutual funds, officials at fund houses and real estate developers are awaiting clarity on certain issues before they go ahead with scheme launches. Industry experts point out that taxation, periodic calculation of net asset value (NAV), and absence of any benchmark indices are some of the contentious issues turning out to be stumbling blocks in the design of such products.
Pranay Vakil, chairman, KnightFrank India, says that a quarterly valuation exercise would not be very easy to implement. Let us assume that an REMF consists of 10 real estate assets and each asset has been acquired at different periods of a year. So, how one can calculate a composite NAV of fund, taking into consideration all these properties purchased? asks Mr Vakil.
India Real Estate Blog : India Real Estate News, Real Estate Market in India http://www.indiarealestateblog.com... ndia real estate blog provides the latest information regarding buying and selling house, land, commercial property in India, Real Estate Market in India, financial advice on India real estate opportunities, provide clear guidance on navigating through the FDI maze, provide advice on taxes.
India Real estate Blog: India Real Estate News, Real Estate Market in India http://www.indiarealestateblog.com/... India real estate blog provides the latest information about Real Estate Market in India, India Real Estate News, Real Estate Investment in India, India Real Estate Buying Selling Tips, Commercial Property in India, India Real Estate, Real Estate in India and more..
Article Junction http://www.article-junction.com... online article directory for your website and blog, updated daily with more than 7,000 authors and 100,000 articles to choose from and always free to join.
Buy Trade Sell Gift Certificates http://www.cardncredit.com... If you have store credits or gifts cards and gift certificates in stores that you think you will never use then CardNCredit.com is for you. CardNCredit allows you to sell or trade those gifts and credits for cash or store credits and gift cards that you need.
