On the morning of Friday June 24, 2016, the markets in India opened to the news of Brexit – the referendum on Britain's membership of the European Union (EU), which resulted in its exit from the EU. The aftermath of this resulted in choppy markets, wiping out close to an astounding Rs. 4 Lakh Crore of investors’ wealth, with the Sensex plunging down by almost 1058 points, on Friday morning. Undoubtedly, Britain had sent the global markets into a tizzy.Read More..
With 100% foreign direct investment (FDI) being permitted in the real estate sector in India, and the current government’s pro-business and reforms outlook, India’s stature amongst the global investment community has been steadily growing. The real estate market in India – commercial, retail, and residential is set to significantly gain from the FDI reforms, arousing a great deal of interest from developers from countries such as Japan and China.Read More..