RealtyMyths News

How the Big Divorce Will Impact Indian Investments in UK Real Estate – RealtyMyths

  The doomsayers are having a field day with predicting that Brexit will cause the UK real estate market to dry up and blow away. In India, we are quite used to gleeful prophecies of doom regarding real estate and take them with a healthy pinch of salt. No doubt, every change involves disruption...Read More

Budget 2019: Does it favour the real estate market?

It was a moment of cheer for the real estate sector when India’s Interim Finance Minister presented the Interim Budget 2019 on February 1, 2019 in the Parliament. And why not, the real estate, once again, got many mentions during the budget speech. There were many soaps for the developers, the ...Read More

Schneider Electric India recognised by CII for Customer Centricity- RealtyMyths

Acknowledged for leveraging digital technologies to enhance the customer experience Schneider Electric (SE), the leader in the digital transformation of energy management and automation, has been recognised by the Confederation of Indian Industry (CII) for ‘Customer Centricity’ in manufacturing secto...Read More

New study by Schneider Electric on benefits for organizations globally- RealtyMyths

Up to 80% savings in CapEx (Engineering Costs and Time Optimization); and a whopping 85% savings in OpEx (Energy Consumption) reported, among others Report is based on a study of 230 customer projects over the last 5 years, producing deep, quantifiable, business benefits  Schneider Electric, the glob...Read More

Expectations of Power Sector from Budget Session 2019-20 – RealtyMyths

Unavailability of coal is one of the primary reasons for stress in thermal generation. We expect the Coal Ministry to lay down a specific timeline and an intensive budget to ramp up coal production of CIL and its subsidiaries to meet sector demands. It would also lead to decrease in import dependency...Read More

Schneider Electric’s wins global award for contribution to the circular economy – RealtyMyths

Schneider Electric wins ‘The Circulars 2019’ award in the ‘Multinational’ category for its engagement in the circular economy The award recognizes Schneider Electric’s efforts to place circularity at the heart of its strategy and innovation, as well as its ambitious objectives Schneider Electric, the...Read More

NAREDCO presents its pre-budget memorandum to the government – RealtyMyths

Suggests effective GST @ 6%, which, after the Input Tax Credit (ITC) will become tax neutral for the end consumers Suggests extension of 80IBA provisions for affordable housing up to 200 sq mtr carpet area Suggests promotion of rental housing and improvement in the effective rate of return from renta...Read More

Adani Group forays in Pune with its luxury residential project – RealtyMyths

Adani Group, one of the largest conglomerates in India, marks its foray in Pune with the launch of its luxury residential project at Koregaon Park NX. The project named Atelier Greens focuses on offering lifestyle beyond the carpet area, drawing inspiration from making spaces where the art of living ...Read More

PM to inaugurate NBCC built museum building – RealtyMyths

Founded on an amalgamation of technology and amenities in a Victorian structure, constructed and refurbished by state-owned Navratna PSU, NBCC (India) Limited, under the Ministry of Housing and Urban Affairs (MoHUA), the National Museum of Indian Cinema (NMIC) will be a treat for historians, tourists...Read More

Magicbricks ties up with Investors Clinic – RealtyMyths

–    Magicbricks helps Investors Clinic sell 1000 homes in just four months Leveraging its position as the most preferred destination for home buyers and sellers, Magicbricks, India’s No.1 property site, helped  Investors Clinic, a leading real estate and brokerage firm, sell around 1000 homes ...Read More

Young Minds Win Tata Power-DDL’s ‘Bijli Bachao Star Banjao’ Campaign

Campaign receives overwhelming response with over 1100 entries from across the country 5 Winners to be given prizes worth Rs. 5000 each; 10 consolation prizes to be awarded Tata Power Delhi Distribution (Tata Power-DDL), the pioneer power utility providing electricity to over 70 lakh residents in Del...Read More

50% of Indian Office Stock Qualifies for REITs

About 50% of India’s total office stock is REITable – up from 30% in 2 years Low returns, lack of sound rental policy eliminated residential’s REITs candidature Projected 5-year returns on commercial assets is 14% The listing of India’s first REIT by Blackstone-backed Embassy Group has been in the of...Read More

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