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Reasons to not give up on Indian real estate

A well-regulated real estate market will spur the world’s biggest asset managers to look at India more seriously over the long-term Mumbai:  Real estate may be down in the dumps right now. But even so, compared with most other big businesses,  real estate remains one of the best to put your money into. At its core, real estate is the coolest even in failure. You build an airline on leased planes and if it fails all that the lenders are left with is a brand with which they can have ‘Good Times’ while humming  Oo La La, La, La, Le, Oo . If real estate fails, lenders to the project still have the land and nothing as an asset gets as real as this. Yet, it’s been a business that most respectable entrepreneurs have so far shied away from because it’s a trade vilified—mostly for the right reasons. For one, real estate has been the coolest way to generate and park slush funds for political parties. Much of the surging value of real estate springs from picking obscure land on the cheap an

Hospitality sector sees more revenues, profit in 2018

NEW DELHI: Banking on growing domestic tourism, foreign tourist arrivals, airline passenger numbers as well as muted supply growth, hotel chains and sector experts predict 2018 to result in better room revenues and profit margins than in the year that just ended.  The past year saw the start of an uptrend in the , but was also marked by multiple challenges like curbs on liquor sale and the rollout. With these issues behind them, hotel operators expect business growth to pick up momentum in 2018.  Demonetisation and the ban on liquor sales within 500 meters of highways had affected MICE (meeting, incentive, conference and exhibition) activities and the food and beverages segment, said Pavethra Ponniah, vice president at ratings firm ICRA. “As active supply pipeline — especially the hotels which are nearing completion — is still narrow across most cities, we expect the industry growth to pick up significantly starting financial year 2019. By then, domestic demand would have fully rec

Growth in tech, auto industries pulls global hotel brands to Pune

Pune: After launch of Conrad by Hilton, Marriott Suites & Crowne Plaza, in 2016; Ritz Carlton will make its debut next year. That Pune has emerged as the fastest growing IT hub and now a start-up centre as well is known; what is not is that the city is also seeing the entry of premium global hospitality bra nds. In the first six months of 2016, Pune has seen at least four new properties coming up. Earlier this year, Pune marked the debut of Conrad brand from Hilton Worldwide. Crowne Plaza launched its brand, while Marriott Suites began opened a new hotel here this year. Ritz Carlton is expected to make its debut in the city next year. According to a study by ICRA, the city currently has a total luxury room inventory of 4,800, a number that is expected to go up by another 1,100 by the end of this fiscal  year. “The national occupancy rate is around 62-64 per cent, Pune reported occupancy of about 67 per cent in FY2016, following 58% in FY14 and around 61% in FY15.  When the indu

India surges 23 places on ease of doing biz rankings

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New Delhi: India has leapfrogged 23 places to the 77th rank in the World Bank’s global Ease of Doing Business rankings, a feat which is likely to boost the government’s reform credentials and raise the country’s attractiveness for investors. The report released lists India and China as the two large economies which are among the 10 biggest reformers among 190 countries. New Zealand, Singapore and Denmark were on top of the list. Among the BRICS countries, Russia and China were ranked higher. The sharp jump in India’s ranking is largely driven by feedback from stakeholders who say it is now significantly simpler to get construction permits and ship goods across the country’s borders as well as reforms in other regulatory and process approvals. The latest rankings will bolster the BJP government’s reform record and comes at a time when the government has been battling criticism on the economic front amidst a weak currency, widening current account deficit and choppy financial

INVESTMENT FOCUS Push for more Indo-China business ties

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Pune: Business and political leaders from both India and China on Saturday pushed for more trade ties and investment by both countries due to global trade wars and unstable commodity prices, with the Indian leaders plugging for investment in Maharashtra. The leaders, including state tourism minister Jaykumar Rawal, members of the diplomatic corps of the Chinese government, and officials from the Maharashtra Industrial Development Corporation (MIDC), besides industry captains from the region, spoke at the Seventh China-India Forum at a star hotel near the airport. Union commerce minister Suresh Prabhu also spoke briefly through a video link, on exports of rice and medicines to bridge the trade deficit, which is skewed heavily in favour of China. The representatives also signed four MoUs at the forum, including a film production and distribution deal, as well as an environmental conference between Indian and Chinese representatives. The Chinese delegates praised the burgeonin

PUNE MEANS BUSINESS

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While IT-ITeS, manufacturing and retail sectors in Pune have been generating a steady demand for cuttingedge commercial properties, new-age startups and co-working culture have redefined office space landscape in the city Kanchan.Gogatetimesgroup Changing skyline and towering commercial complexes have brought about a paradigm shift in Pune’s commercial real estate as the city has been attracting investments from private and institutional investors. While commercial real estate was largely concentrated to the metros, retail expansion, job generation and changing trends in entrepreneurship and work culture have paved way for commercial towers in Tier-II and Tier-III cities. Pune has been witnessing a growing demand for the commercial real estate. IT has been a long-standing generator for office space while, manufacturing, BFSI, education, hospitality, retail healthcare and F&B have contributed to the cumulative demand for the commercial real estate. Pune is leading from

Ready Building for lease/ Rent and outright sale basis at very prime location near Deccan / FC ROAD, PUNE for College / School/Institute or corporate / software office purpose

Greetings,  Available for lease/ Rent and outright sale basis at very prime location near Deccan / FC ROAD, PUNE: Entire independent building of B+14 stories, total 1,53,000 Sqft  Ideal for college/institute/ IT/ITES & corporate office of top national & multinational brand as this building is built AAA Quality elevation with 9 lifts having amazing uninterrupted forever views of river. Asking RENT: 1.25 Crores Per month & sale price 187 Crores.  This building is designed to accommodate 4500 students classes along with all departments to run school/ college or institute, here is one of the floor plan design projected to show it sharing in the attachment. Rare opportunity to lease or own such property, pls contact more detail & viewing, Deepak sundrani # 9822052388 (The Guru Realty)

Preleased already rented commercial properties for sale /outright purchase in Pune city on ROI basis.

Greetings...... Reg. Preleased already rented commercial properties for sale /outright purchase in Pune city, maharashtra on ROI basis: sharing a brief list currently available with us as follows: 1) Location- Aundh: Available for sale office space 7 floors of total area 29500 sqft. At very prime location of aundh area of pune already pre leased rented to renowned international company paying rent of 24 lacs per month, giving return of 7.5 percent annually. Asking sale price 38 Crores. 2) Location - Aundh:  Available for sale office space of 4300 sqft. At very prime location of aundh area of pune already pre leased rented to renowned international company paying rent of 3.45 lacs per month, giving return of 7.5 percent annually. Asking sale price 5.50 Cr. 3) Location - Kharadi:  Preleased retail shop of 1470sqft area located on ground floor inside world trade centre complex for sale leased to an international renowned brand running restaurant and bar in it, l shape corner prim

HOTELS FOR SALE options in PUNE, Maharashtra, India

Greetings, herewith sharing list of Available HOTELS FOR SALE options in PUNE, Maharashtra, India: HOTEL NO-1 Location: Hotel is situated at Pune’s centrally located commercial area off J M Road.Deccan.Pune-5. Land Area;- 10,000 sq.ft. Built up;-22,000 sq.ft. Ground  plus 4 storey building. *30 years old reputed Hotel recently reconstructed. Totally new 44 rooms. Fully furnished  with  international standards. *2 nos. of conference halls capacity 78-80 persons. *Auto door electronic lift. *Restaurant capacity 120 persons. *Modern equipped kitchen. *Large size Lobby Hall-Reception. *25 nos.4 wheeler and 40 nos.2 wheeler parking. *Applied for 4 Star category ( 4 Star F C 12) mains can construct another  50 rooms ( Totally 100 rooms). ASKING SALE PRICE: 55Cr. HOTEL NO-2 Location: Hotel is situated at Pune’s most reach centrally located commercial area F. C. Road. Deccan. Shivaji Nagar Pune-5. Land Area;- 16,500 sq.ft. Built up;Approx-33,000 sq.ft. Built up ( Plus Bas

School reservation plots in pune for outright SALE

Hi Greetings,  we have currently 3 school /amenity reservation land plots available at following locations of PUNE, Maharashtra for SALE: 1) wagholi: 4 acres (1.6 Lacs sqft)  @ IRS. 1800/- per Sqft. 2) wagholi: 1 acres (40000 sqft) @ IRS. 1800/- per Sqft. 3) Bavdhan: 1.5 Acres (62000 sqft) @ IRS. 1800/- per Sqft. All above locations are well habitants surrounded with residential populations & having demands for top brand schools. Plots are absolutely clear title, for more detail & viewing please contact me directly on my cell no. #91-9822052388 Deepak Sundrani (THE GURU REALTY)

India Business Opportunities

Did You Know By 2025, India will have 69 cities with a population of more than one million each. Economic growth will center on them, and the biggest infrastructure building will take place there. Source Mckinsey. By latest available estimates, average wealth per person increased from $900 in 2000 to $2,800 in 2015. (Report by New World Wealth) Online consumers are expected to cross 100 million by the end of 2017 from 69 million in 2016. Internet users to double to 829 million from 373 million in 2016 41% Indian parents funding kids' education more important than retirement saving India targets 500 million skilled workers by 2022 70% of the total vegetables and fruits produce is wasted There is 1 doctor per 2000 people in India India has become the third-largest domestic aviation market in the world and ordered over 1000 planes (in May-June 2017) India is going through exciting times. Developing into an open-market economy, India is certainly on high growth traje