Consultation India - Pune, Mumbai Real Estate/ Properties Investment, Property Management Services

As a startup founder, it is a must to know the startup funding stages. Knowing where your startup stands can help you, as a startup founder, to determine the value of your startup. If you are yet to see the startup stages, then you came by the right article. A startup is just like a seed; let’s say an apple seed. You want to grow and harvest apples, so you plant the seeds. You water it and nurture it until it sprouts leaves. Still, you took care of the sapling; devoted your time, energy, passion, and money. Years later, you had your first batch of apples. That apple seed is your idea. If you merely left it on a shelf forgotten, it will never grow into a tree. You need to plant it. You need to take your idea into action. But your startup can’t grow bountiful fruit if you leave it as is. As a startup founder, you need to nurture and water your seed. Your startup needs funding to grow. However, startup funding has a lot of stages. This article will help you understand the startup funding

Overall funding exercise in the Indian startup ecosystem was constructive in the primary three months of 2021, with startups elevating $3.76 billion in funding throughout 257 offers, publicly obtainable knowledge analysed by YourStory Research confirmed.  In the primary quarter, the full deal worth rose 5 % to $3.76 billion from $3.5 billion a yr earlier, a interval that may largely be thought-about pre-pandemic.  THE VARIETY OF OFFERS IN Q1 ROSE TO 257, UP ABOUT 18 % FROM 218 OFFERS IN Q1 2020 AND UP 70 % ON A SEQUENTIAL FOUNDATION FROM THIS AUTUMN 2020 RANGES. According to YourStory Research, the amount of funding raised and the number of deals seen in Q1 2021 was the highest across the past five consecutive quarters.  Data also shows that early and late-stage deals recorded robust activity, even as the number of growth-stage deals in Q1 fell 10 percent compared to a year ago.  Here’s a look at the five key trends observed in Q1’21 Rise in number of deals of more than $100 million:

Brothers Rajesh Mehra and Ajay Mehra, directors of India’s premium sanitary ware company Jaquar, have bought three farmhouses in Delhi’s Westend Greens for around Rs 235 crore, three people aware of the deal said. India’s premium sanitary ware company Jaquar has purchased three farmhouses in Delhi’s Westend Greens for around Rs 235 crore, three people aware of the deal said. The farmhouses bought by the company are spread over 2.5 acres each. Jaquar is promoted by Rajesh Mehra and Ajay Mehra, who entered Forbes India’s rich list in 2019. Sprawling farmhouses in and across the nationwide capital are in demand with rich businessmen and executives searching for extra open areas after being home-bound throughout the Covid-19 disruption. Over 50 transactions for such properties have been closed in the previous six months, in contrast with a mean of two to three offers a month earlier than the Covid-19 outbreak, in accordance with property brokers in New Delhi. “People are looking for open s

Housing Development Finance Corporation (HDFC) Chairman Deepak Parekh’s family has purchased a sea-view apartment spread over 7,450 sqft in K Raheja Corp’s super-premium project Raheja Artesia in Mumbai’s plush Worli locality for Rs 50 crore. The deal was registered in the name of his wife Smita Parekh on March 30, just a day before the reduced stamp duty benefit announced by the government of Maharashtra was about to come to an end. The buyer has paid Rs 1.50 crore as stamp duty for the registration of the apartment. As part of the deal, Parekh will get access to six car parks along with the apartment, which includes a 6,770 sqft carpet area and balcony area of 273 sqft. According to documents accessed by Zapkey.com, the apartment is on the 25th floor of the under-development project that offers views of Arabian sea and the Bandra-Worli Sea Link. “Yes, it is true. There was an independent valuation done by two valuers to ascertain the value of the property so as to confirm that the

Total wealth of top 100 builders in the recently released was up 26% from 2019 to Rs 3,48,660 crore. NEW DELHI: With net worth of Rs 44,270 crore Mangal Prabhat Lodha of Macrotech Developers is the richest builder in India, according to recently release GROHE Hurun real estate rich list 2020. His wealth increased by 39% in the current year. Lodha Group had the highest revenue from operations among all the real estate developers in India during the pandemic hit year 2020, according to the list. With a wealth of Rs 36,430 crore, Rajiv Singh of DLF ranked second on the list and registered an increase of 45% in wealth, backed by 50% rise in DLF's share price. With a 70% increase in wealth and current wealth of Rs 26,260 crore, Chandru Raheja of K Raheja Corp was third on the list of richest developers in India. With a wealth of Rs 23,220 crore, Jitendra Virwani of Embassy Office Parks ranks fourth in the list  while the fifth spot is taken by Niranjan Hiranandani of Hiranandani Communi

The expansion comes at a time when companies see merit in setting up satellite offices across multiple locations to help people work nearer home and to enable a distributed workspace model, it said. BENGALURU: Coworking space provider 315Work Avenue has taken a total of around one lakh sq ft of office space on lease here to set up two new centres as it sees strong traction from large enterprises post the lockdown. These 2 Grade-A office space centres located at Koramangalaand Old Madras road will have around 2000 seats, it said in a statement. The expansion comes at a time when companies see merit in setting up satellite offices across multiple locations to help people work nearer home and to enable a distributed workspace model, it said. The company currently manages 15 workspaces with around 12,000 seats across multiple prime locations here. 315Work Avenue plans to beef up its total portfolio to 25,000 seats this year with a focus on south and west India, while further strengthening

Ingka Centres, which has 45 IKEA store-anchored malls across Europe, Russia and China and plans to enter the United States in 2021, said it planned to invest nearly 55 billion rupees ($759 million) in the Noida project. STOCKHOLM: IKEA plans to open its first shopping centre in India after the furniture giant's shopping centres business - one of the world's largest - said it had bought a 48,000-square-metre plot in the city of Noida on the outskirts of Delhi. IKEA, which opened its first store in India in 2018 in Hyderabad followed by one in Mumbai in 2020, said it would develop the new site into a mall anchored by an IKEA store. Ingka Centres, which has 45 IKEA store-anchored malls across Europe, Russia and China and plans to enter the United States in 2021, said it planned to invest nearly 55 billion rupees ($759 million) in the Noida project. It will announce more detailed plans for the project in the near future, it said in an emailed statement. Ingka Centres plans to enter

One look at India’s investment universe and a number of names pop up from mutual funds to fixed deposits and gold coins to the share market, there are a plethora of avenues to park your money. However, one name that has recently caught the fancy of many is REIT. In this article, we take a detailed look at this relatively new investment phenomenon and why it stands out and is, by all means, a much safer investment platform for Indian investors. What is REIT? Most of us dream of buying properties across prime locales in India like BKC in Mumbai to earn great rental yields. However in reality, neither do we have crores of rupees to invest in them nor do we have the time, patience, and means to take on the hassle of maintaining it and ensuring regular rents from the tenants. Enter REIT or Real Estate Investment Trust, which is basically an entity created with the sole purpose of channeling investible funds into operating, owning, or financing income-producing real estate.  REITs are modele

Tribeca is planning to launch this new project in Pune in March 2021 and is already seeing a strong interest from customers and brokers. Trump Organizations’ India partner Tribeca has picked up a majority stake in a stressed residential development project in Pune’s NIBM locality through an agreement with its lenders and the developer. This is the second such project acquired by the company in the last one year after inking a similar transaction in Bengaluru. Tribeca has acquired 51% stake in the 1.3-million sq ft luxury project with total 400 apartments spread across five towers after making partial payments to lenders ICICI Bank and Tata Capital, and infusing equity to the developer Acropolis’ project. As part of the agreement, lenders will be infusing more capital to support completion of the project. The project, Voyage to the Stars, was launched by Acropolis Developers in 2015, and ran into financial difficulties in 2019. The Rs 1,100-crore project had a debt of around Rs 180 cro

Chennai, Pune and Delhi NCR have been in the pole positions in 2020, with nearly 3/4th of the total leased manufacturing absorption, according to the report. NEW DELHI: While historically, large & medium scale manufacturers usually opted to buy land and build their factories, the concept of 'leased manufacturing spaces' has been gaining strength in the country over the years. Demand for leased manufacturing spaces has gained strength in 2020 with gross absorption of 6.6 million sq ft in top eight cities, according to a recent report by JLL India. Leased manufacturing spaces mean leases of built spaces (on monthly rentals) used for assembling and light manufacturing activities. "Built manufacturing spaces for leasing offers several advantages to faster entry in high-end/globally comparable specifications, captal expenditure to operating expense conversion, easy approvals for many sectors, etc. Additionally, incentives are available under several buckets for manufacturin

The reduction is likely to result in around 7% reduction in all-in prices in Mumbai. The all-in prices in the rest of the state are likely to decline by about 2.8% and the overall impact on demand is likely to be correspondingly lower. After Maharashtra cabinet recently approved 50% reduction in premium for real estate projects under the new Development Control and Promotion Regulations (DCPR) rule 2034 across the board for on-going and new projects upto December 31, 2021, the biggest question all buyers are asking is how much exactly are they going to save? According to India Ratings and Research (Ind-Ra), the reduction is likely to result in around 7% reduction in all-in prices in Mumbai. The all-in prices in the rest of the state are likely to decline by about 2.8% and the overall impact on demand is likely to be correspondingly lower. Example || Let us say a flat had a cost of construction (including land) of Rs 100. The buyer would have paid Rs 125 for the flat after accounting f

MUMBAI: Radhakishan Damani, billionaire investor and founding father of DMart, is set to acquire an 8-acre land parcel in Thane from Mondelez India, previously Cadbury India, for almost Rs 250 crore, mentioned three individuals with direct data of the event. The plot is positioned at Pokharan Road 1, a key locality of Thane, and will likely be bought by his household workplace, they mentioned. The plot is estimated to have a complete growth potential of almost 1 million sq ft given present growth laws. “The deal is at a fairly advanced stage and is expected to be concluded anytime soon,” mentioned one of many individuals. “The plot is likely to see development of a mixed-use project with some high-street retail given its proximity to an upcoming metro station, while the balance is residential.” Damani’s household workplace is alleged to be at the moment enterprise due diligence. It couldn’t be ascertained if he’s planning to develop the plot on his personal or with a developer. Accordi

Property Tax Property tax is the amount that is paid by the land owner to the municipal corporation or the local government for his/her area. The tax must be paid every year. Property, office buildings, and residential homes that are rented out to third parties are considered as real estate assets. Property tax is charged by the government on all tangible real estate that an individual owns. These real estate assets could include residential homes, office buildings and premises rented out to third parties. What is Property Tax? Taxes are the primary source of income for a government, with the taxes earned dictating the resources available to citizens. Every property is an asset which is taxable, and the property tax is an annual amount paid by a property/land owner to the government. This tax could be paid either to the local state government or Municipal Corporation, depending on government policies. The word “property” in this context refers to all tangible real estate under the owne