Godrej Capital, the financial services arm of Godrej Industries Group, is planning an initial public offering (IPO) in the next two to three years, said Manish Shah, managing director and chief executive. Speaking to ET, Shah said the non-banking financial company, which falls in the middle layer as per RBI’s scale-based regulations, also plans to … Read more
Amit Khurana, Head of Equities, Dolat Capital, says a serious outperformance by India from here in the near term, looks a little bit of a challenge. But India remains the best emerging market to play over the next few years. But near term, some normalisation is required to get to healthy market levels and price … Read more
Finance Minister Nirmala Sitharaman says people will pay less than what they have been paying even with indexation. “What they are going to pay at 12.5% is less than even what they have paid if the indexation were to be there. So, enough work was done in consultation with people who advise us on these … Read more
Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies LLP, says the market might be held up and we might just have a push higher toward the Budget. Two of the big sectors like IT and banking have seen a strong run in the very short run. Other sectors like FMCG are probably helping to … Read more
Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd., says the growth that we are seeing in the economy could result in the growth of the first beneficiary sector which will be housing for sure. Now, whether one should buy one or one should look at everything in this space, I would say that there is enough … Read more
Boomers are renting out their homes, apartments amid rising housing costs The co-living arrangement has benefits for both homeowners and renters 75% of the country’s housing was considered unaffordable in 2023 (NewsNation) — Many Baby Boomers are turning to home-sharing amid high inflation and rising housing costs, marking a rise in what people are calling “boommates.” … Read more
(NewsNation) — The U.S. housing shortage rose to 4.5 million homes from 2021 to 2022, according to a new analysis by Zillow. The deepening housing deficit went up from 4.3 million homes in 2021 despite a construction boom during the COVID-19 pandemic. “The simple fact is there are not enough homes in this country, and … Read more
Rishi Anand, MD & CEO, Aadhar Housing Finance, says the timing of the election, as their bankers have suggested, does not matter too much. So, they have gone ahead with the listing. In the entire context of getting Sebi approval for IPO in 2022 and not going ahead with it and then coming back with … Read more
Image: Pearson Smith Realty The Washington D.C. area real estate market is kind of a mess right now. The city is packed with relatively high income earners, and most of the people who wanted homes bought in with low-interest loans a few years ago. Every single family home or condo that hits the market is … Read more
The federal Liberals want to boost pre-fabricated housing and are again laying out millions of dollars in more spending as political pressure to tackle the housing crunch builds. Friday’s announcements on more funds for pre-fab construction and as part of a series of announcements teeing up what is set to be a housing-focused budget. Prime … Read more
