Saturday, 22 October 2011

Affordable homes as lucrative investments

Migrants from India are looking at investing in affordable homes in India. Owning a home while working away from home is in their priority as is evident from the encouraging response to several projects that are on display during property shows held abroad.
A survey by Cushman & Wakefield has estimated the housing demand to be over 2.3 million units across major cities in the next five years - between 2011 and 2015. While the supply level is estimated at one million units, the shortfall will be 1.3 million units. The report analysed demand for the top seven cities - Bangalore, NCR, Mumbai, Chennai, Hyderabad, Pune and Kolkata.
Read the full report here

Monday, 9 May 2011

NRI buys flying car

NRI businessman buys flying car to fly between Ahmadabad and Mumbai and Delhi. Soo there will be traffic jam in the skies.... but it will take some time as a car like that cost 6 crore...
read the full article here

Growing retail presence

A nice article and graphs about the growing retail sector.. Specifically on the Life Style group.. Nice to know an Indian businessman who started very small has reached so far. They have presence in 15 countries and is planning a massive expansion in India soon. Read the story in Businessworld here