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2.78 Lakh Homes Completed in 2021, Over 3.85 Lakh to Complete in 2022

Of the top 7 cities, NCR saw maximum homes completions in 2021 (approx. 86,590 units); MMR completed approx. 70,490 units, Pune approx. 46,090 Bengaluru, Hyderabad, & Chennai together completed approx. 63,870 units in 2021 Approx. 1.24 lakh units to be completed in NCR in 2022, MMR targets completion of 70,600 units Mumbai, 21 February 2022:

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Housing Prices Hike in 2022, Affordable Housing Demand Sinks Further: Survey

Price rise of <10% will have a moderate-to-low impact on sales; price rise of >10% would have a high impact Newly launched properties gaining traction in MMR & Bengaluru with over 31% respondent buyers favouring this category Residential plots are the 2nd best property type in the top 7 cities, most preferred option in tier

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Advisor Network Economic & Finance Market Overview Real Estate State & Urban

Ready-to-move or Under-construction? Which option you should go for

In India, it is an age-old question: What is preferable, ready-to-move (RTM) homes or under-construction properties? As is the case with most things in life, both have advantages and disadvantages. Nowadays, many Indian homebuyers prefer to buy ready-to-move flats in Pune and other major cities, mainly because they worry about whether under-construction projects will get

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Commodities & Currency Economic & Finance Market Overview World Affairs

India and UAE are likely to sign a free trade agreement 

On February 18, India and UAE are likely to sign a free trade agreement. The agreement gives both countries duty-free access to several products from various sectors.  Prime Minister Narendra Modi would host a virtual summit on February 18 with Deputy Supreme Commander of the UAE Armed Forces and Crown Prince of Abu Dhabi, Sheikh

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Economic & Finance Energy Market Overview Oil & Gas Stocks & Funds World Affairs

Govt denies coal shortage in Indian non-power coal users

As power mills hoard most of the supplies, India’s aluminum smelters, sponge iron, textile mills, and fertilizer-makers face a coal shortage.  However, the federal coal ministry and India’s high miner Coal India denied the coal shortage in Indian non-power coal users.  Coal shortage in Indian non-power coal users The Coal Consumers Association of India said

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Energy Market Overview Oil & Gas Stocks & Funds World Affairs

Russia-Ukraine tensions cool, leading to steady oil prices

While the United States is yet to verify the pullback of Russian troops, Brent traded at $93.19 a barrel.  Brent traded down 10%, sliding 3.3% overnight after the Russian-Ukraine tensions cooled down.  Oil prices steadied on Wednesday On Tuesday, Moscow announced a partial pullback of troops from Ukraine’s borders. However, U.S. President Joe Biden says

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Economic & Finance Market Overview Stocks & Funds Uncategorized

Stocks make headlines in after-hour trading

On Tuesday, various companies and their stocks made headlines in after-hour tradings. Below is the list of companies that soared and slipped on the stock market.  Wynn Resorts As the hotel company missed its earnings estimates for the fourth quarter, its stock slipped more than 2%.  Wynn Resorts lost $1.37 per share, excluding items, more

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Commodities & Currency Economic & Finance Investing Market Overview Stocks & Funds

Investors lose over Rs. 10 lakh crore in stock market crash on Monday

On Monday, Investors lost nearly ₹8.5 lakh crore in the worst stock market crash in 10 months. The Sensex crashed at 1,747 points and closed at 56,405.  Furthermore, the Ukraine crisis triggered a global sell-off, and Sensex witnessed the worst single-day fall in ten months.  The worst stock market crash in ten months According to

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Integrated Townships – Luxury or Necessity?

According to the World Bank Group, India retains its place as the fastest-growing emerging  economies. While India already has the world’s biggest rural population at 857 million people, this is expected to reduce significantly. By 2050, almost 50% of India’s overall population will be living in urban areas. This is mainly due to the expansion

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Economic & Finance Investing Market Overview Stocks & Funds

SIP industry crossed the five crore mark in January

The SIP industry crossed the five-crore mark in January despite market volatility. Despite a pullback in the investor flow received by equity schemes, the MF industry witnessed 26 lakh new SIPs opened in January.  In the past five months, 24 lakh SIPs added in the MF industry indicated the importance of SIPs to investors.  Are

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