Tata Steel has put the process of selling its major British assets on hold because of the uncertainty caused by the Brexit vote and surrounding pension liabilities and will now also look at forming a JV.
The Union Budget 2017-18 was announced with the theme of Transform, Energise and Clean India (TEC), was largely geared towards rural growth, infrastructure, and poverty alleviation, with a huge impetus to affordable housing. The thrust on affordable housing renews the government’s vision of ‘Housing for All by 2022’, giving a cheer for the housing segment.
Knight Frank India has launched the sixth edition of its flagship half yearly report – India Real Estate. It presents a comprehensive analysis of the residential and commercial market of Mumbai Metropolitan Region (MMR) for the period July-December 2016 (H2 2016).
The Indian real estate is on the cusp of change as the commercial office segment moves closer towards corporatisation, according to RICS and Cushman & Wakefield report 'Commercial Office Real Estate: Positive Disruptions- Beacons of Change’.