The future of Indian startups has seen a sharp rise in the creation of new startups with a further up expected. We have witnessed huge funding rounds in 2015 and 2016, wherein Venture Capitalists, PE funds and angel investors all have been very active in infusing capital in Indian startups. Key indicators such as opportunities existing in the domestic market, access to capital/mentors, and increas
“ACs and coolers are fine, but nothing evokes my memories of childhood summers like a ‘khus ki tatti’,” says Gurgaon-based businessman, Avinash Arora. Confused? Arora spent his summer vacations in a little town named Tundla in UP. North Indian summers are infamous for their intense heat, which can even prove fatal. Very few things can help you survive such weather and a ‘khus ki tatti’
The rental housing market has many options, available at various rates. Consequently, it may be difficult for a prospective tenant to figure out how much to spend as rent. The answer to this depends on one’s salary/income. “Ideally, you should not be paying more than 30% of your salary towards rent and utilities (such as maintenance/water/electricity expenses). If you consider a monthly take-h
Location “The most important feature that a tenant considers, is the locality or neighborhood. This is an important feature that one cannot compromise on and tenants may be willing to pay higher prices if the property is located in the heart of the city,” For example, some areas in Bengaluru, Gurgaon and Hyderabad , have become hubs in the rental market, due to their proximity to the
The Karnataka government presented the state budget for 2017-18, on March 15, 2017. We look at the key provisions for the real estate sector The honorable chief minister of Karnataka, tabled the State Budget 2017-18 in the assembly on March 15, 2017. Below are the key provisions that may have a direct or indirect impact on Bengaluru’s real estate sector. Housing ● 1 lakh resid
GST, which has been one of the longest awaited tax reforms, got unanimous approval of both houses of parliament this monsoon session. Union government of India has set a deadline of April 2017 for its roll out. As of now 3 states have already ratified the bill and others will quickly follow. How it might impact taxes in residential real estate transactions has got varied views of industry experts.