Get ready for India’s first REIT!

Embassy Office Parks will on September 24 file the documents with the Securities and Exchange Board of India (Sebi) to launch the country’s first real estate investment trust (REIT). This step comes after government notified rules in this regard four years earlier. A 2016 Ernst and Young report estimates the global REIT industry at $1.7 trillion. With …

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Is today’s millennial ready for the future?

Smart City is a city where information technology is the principal infrastructure and the basis for providing essential services to its residents. A smart city utilises networked infrastructure to improve economic and political efficiency and enable social, cultural and urban development. Is today’s millennial ready for the future? Smart technology has become an integral part …

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Noida realty to take off with Jewar airport

Any infrastructure development is directly linked to the boost in realty sector. As the civil aviation ministry has approved a new airport at Jewar, located along the 165-km Yamuna Expressway connecting Greater Noida and Agra, the realty in Noida will get a boost. This would change the face of Noida.   Source: TOI

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PM’s gift to UP: Noida & Greater Noida Biggest Gainers

Prime Minister Narendra Modi inaugurated 81 projects worth Rs 60,000 crore in Lucknow on July 29. Noida and Greater Noida remain the most preferred investment destinations for big projects, especially those related to the information technology and electronics. This includes Reliance Jio Infocomm Ltd’s Rs 10,000-crore project for laying of optical fibre network across UP …

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RERA impact: India climbs up in global ranking

This is another good impact of RERA. Owing to RERA, policies for land title insurance, strengthening of Benami Transactions Act and the sector aligning itself with the GST regime, India’s rankings have improved on the global platform.   India has moved up one place to claim the 35th spot on JLL’s Global Real Estate Transparency …

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