“Sikka” & “Cinepolis” signed LOI to have Multi Screen Cinema (Multiplex) in The Downtown Noida

After having signed a deal with “Intercontinental Hotel Group” (IHG) to have Five Star Hotel and “Savemax” to have a Hyper store in The Downtown, Noida. We proudly announce the signing of another LOI with Legendry world renowned International Brand “Cinepolis” . Cinépolis is a Mexican chain of movie theaters. Its name means City of Cinema. Cinepolis India is a wholly-owned subsidiary of Cinepolis, the world's 4th largest movie theatre...

Read More

Best Asset Classes in India – Real Estate and Equities

Investments made in the real estate and equities have given the highest returns of up to 20 per cent to investors in the last two decades, says a study. According to a recent study by Cians Analytics on the returns from various asset classes in India during 1991–2013, real estate and equity market have given maximum returns to investors. The study covers five types of asset classes -- equities (BSE Sensex), commodities (gold), bank fixed...

Read More

Government provides incentives for real estate investment trusts(REIT) in Budget 2014

Finance Minister Arun Jaitley announced in the Union Budget on Thursday, that the government would provide necessary incentives to REIT's.  Also, to avoid double taxation, the REIT's would be given a tax pass-through status. A real estate investment trust (REIT) is a company that owns, and in most cases, operates income-producing real estate. The REIT structure was designed to provide a real estate investment structure similar to the structure...

Read More

Budget 2014: Real estate looks for growth-oriented road map

From the perspective of the homebuyers, the tax benefit on housing loan interest for self occupied property has remained constant at 1.5 lakh since 2001. However, the real estate prices have increased rapidly leading to a quantum rise in the loan requirement for each home purchase. The 16th of May 2014 was a landmark day in the history of India. With the nation electing the Modi government, there is a strong expectation of a revival of the economy...

Read More

Affordable Housing Policy in Real Estate is Need of the Hour

The recent rail fare hike announced by the government has shaken up the struggling real estate industry, as this will result in an increase in cost of raw material. The BJP manifesto talks of home for all by 2022. It is $6 trillion requirement to service the housing deficit of 18.8 million housing shortage in India. Beauty is that real estate sector can easily generate interest of domestic as well as foreign funding agencies in various...

Read More