HoH (House of Hiranandani) recently announced the launch of its signature brand for the first time in India. This will comprise three distinct developments – Horizon, yoo inspired by Philippe Starck in Bengaluru
Surendra Hiranandani promoted House of Hiranandani is eyeing Delhi-NCR as its next destination to start residential project, besides looking at expanding its footprints to satellite cities such as Hyderabad and Pune.
Rajya Sabha passing the Goods and Services Tax (GST) Bill has brought good news for the real estate sector. While one is yet to see if GST will be a game changer for the sector, CW has recorded different reactions from industry experts on the same.
The Monetary Policy Committee (MPC) review meeting has concluded, announcing no policy rate change (repo rate stays at 6.25 per cent, the reverse repo rate at 6 per cent, and marginal standing facility rate at 6.5 per cent). It maintained its neutral monetary policy stance, but significantly softened its tone on inflation. Five out of six members were in favour of the monetary policy decision.
I would term it as a reform oriented Budget, where the expenditure was well directed towards economic growth and development, especially in the rural areas. It also reflected the government’s concern and priority to improve the investment climate with a view to stimulate growth. The massive push for improvement in infrastructure including record capital expenditure for roads, railways will indirectly benefit the real estate sector in the long run.
House of Hiranandani has bagged two real estate awards at The Golden Globe Tigers Awards 2017 in Malaysia - the 'Integrated Township of the Year' for the Chennai Egattur-OMR township and the 'Residential Property of the Year' for the Devanahalli Township in Bengaluru.