Canada's decision to extend the ban on foreign home buyers for an additional two years to tackle the issue of housing affordability for Canadians may impact demand among non-Canadian resident Indians. The extension of the ban means that Indian investors may have to look elsewhere for investment opportunities or wait until the ban is lifted, say real estate experts. A home for sale in Toronto,...
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From a non-descript pilgrim centre to a boom town for the hotel industry, Ayodhya’s fate and skyline are in for a mega change in the hospitality sector, driven by the inauguration of the Ram temple on January 22 and fuelled by the rush of devotees ever since. Devotees on Ram Path in Ayodhya. (FILE PHOTO) Witnessing phenomenal transformation, Ayodhya, which has been in global focus, will get...
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Investors may choose a wait-and-watch strategy. Banking, finance and consumer durables are likely to profit from stable interest rates, while technology, healthcare, and utilities will be less affected, analysts said Source link...
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Strong consumption trends are expected to drive the growth for retail mall operators whose rental income is expected to increase by 9-10% YoY in FY2024. However, the office segment, despite being resilient, is facing a slowdown in leasing from technology-based sectors due to global headwinds, a report by ICRA has said. Strong consumption trends are expected to drive the growth for retail mall...
by THO Banks, financial services and auto — all rate sensitive stocks — were under selling pressure during the day Source link...
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The real estate sector has welcomed the Reserve Bank of India’s decision to keep the repo rates unchanged at 6.5%, saying given that housing prices have risen across most cities in the last one year, this breather by the apex bank gives a distinct advantage to homebuyers as it allows them to continue enjoying low interest rates and improves their affordability levels. RBI governor Shaktikanta...
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