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Land sharks eyed murder victim’s house

KOLKATA: The absence of a clear motive and strong indication that an “insider” might be involved in the murder of an elderly citizen at Deshapriya Park has sent neighbours of this upscale locality in shock. What adds to their anxiety is that Ranajit Chatterjee was being pursued by local promoters for the last two years to sell off his ancestral property worth crores now. Chatterjee refused. Police say his daughter cannot recall if he was ever threatened for this, but they will investigate this angle. “After what transpired at Short Street, we can hardly take a chance,” said a senior officer. Local residents – including actor Biplab Chatterjee – say […]




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Valuation of property rationalised

Bengal has rationalised property valuation by doing away with the discrepancies between the registration authorities and their actual market value. The move comes into effect across Kolkata and suburbs , sources in real estate body Credai said. Earlier, the registered value of a property was anywhere between 10 and 50 per cent higher than the prevailing market rate. The difference between the market rate and the registered value was deemed as income and taxed. “As a result of this discrepancy many people were either holding back their purchases or not registering their properties ,” Harsh Patodia, President, CREDAI-Bengal, said. http://www.thehindubusinessline.com/news/credai-hails-rationalisation-of-property-valuations-in-bengal/article5614557.ece




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Paint house blue-and-white in Kolkata and get full property tax waiver

Kolkata is all set to turn into a blue-and-white city during the Mamata government. The Kolkata Municipal Corporation (KMC) announced Monday that if you paint your house’ exterior blue-and-white, you will be fully exempted from paying property tax to the government. The Trinamool Congress-run KMC has come up with a proposal to waive the property tax for 2014-15 if a residential building or house is painted in the party’s favorite color combination — white and sky blue. “We will allow full waiver of property tax for 2014-15 if anybody wishes to paint his/her house or even apartment buildings, of course residential, in white and sky blue – the theme color […]




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Government likely to grant infrastructure tag to low-cost housing segment

NEW DELHI: Low-cost housing, which found several mentions in BJP’s 2014 election manifesto, is likely to get infrastructure status, making it easier for real-estate developers to get finance from banks and for longer tenures, and eventually increasing the supply of houses. While developers are in favour of an infrastructure tag to the housing sector as a whole, the government is likely to grant it only to the low-cost segment, said a senior government official, who did not wish to be named. According to government definition, low-cost houses are those with an area of up to 40 sq metres. BJP’s manifesto talks about rolling out a massive low-cost housing programme to […]




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Brookfield set to buy UCP for Rs3,000 crore

Mumbai: Brookfield Asset Management Inc., a Canadian asset management company that manages investments worth $181 billion, is set to acquire all of Unitech Corporate Parks Plc (UCP), a London Stock Exchange-listed, India-focused real estate investment firm, paying `3,000 crore. A definitive agreement to this end is likely to be signed this week in London, said four persons directly involved in the deal. None of them wanted to be named. “We do not comment on market speculation,” said Brookfield Asset Management in an email response. Routhu Nagaraju, executive vice-President at Unitech Ltd, said, “UCP has announced that it will sell six projects and the process has not seen anything adverse. It […]



  • Banking and Finance
  • FDI
  • Real Estate India
  • Real Estate Trends

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Its raining investments in real estate sector

Investment in the real estate sector in January-March, 2014, has more than doubled to $800 from the previous quarter of only $317 million, mainly driven by corporate land sales. Around $597 million was invested in the sector a year ago. More platform deals and equity stake acquisitions can be expected. “Although India is not yet a significant player in the regional real estate investment market, going forward, we expect the entry of real estate investment trusts (REITs) to provide alternative funding channels to the sector and trigger strong growth in its investment volumes,” said Anshuman Magazine, chairman and managing director, CBRE South Asia. For the quarter ended March 2014, nearly […]




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India Ratings predicts weak demand for residential sector in FY21

According to a study by India Ratings, lack of credit availability and ongoing economic slowdown in India due to the coronavirus pandemic could lead to the residential sector witnessing weak demand in the fiscal year 2020-21.  Residential demand could remain muted in the next financial year, 2020-21 due to the increasing risks to India’s growth in case the economic impact of coronavirus continues beyond the first quarter.   Moreover, the housing sector faces a liquidity crunch and refinancing challenges due to increasing uncertainty over the availability of credit in the market, coupled with poor demand. This is in the backdrop of the recent meltdown in the financial market and rising risk […]




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Buying a house in Noida becomes costlier affair as land allotment rate goes up

Buying a house or any residential property in Noida will now be a costlier affair, as the Noida and Yamuna Expressway authorities decided to hike the land allotment rate up to 10-12% at a board meeting on Monday. “We have increased the land allotment rate up to 10% in Noida in all categories, except for commercial properties. Rates of commercial property in Noida will not be increased because we want to correct the rates. “Land allotment rates will be hiked up to 12% in Yamuna expressway area. The rates are unchanged in Greater Noida because they saw an increase in February this year,” said Rama Raman, chairperson of Noida, Greater […]




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Logix group looking to raise Rs 250cr FDI for Noida project

NEW DELHI: Realty firm Logix group plans to raise Rs 250 crore from foreign investors for the development of its ongoing mixed-use commercial project in Noida. The company is developing this commercial project at an investment of Rs 1,000 crore and is looking to raise FDI to complete this project. The 6-acre project ‘Noida City Center’ includes a 7 lakh sq ft shopping mall, 2.5 lakh sq ft office towers, two hotels with combined 400 rooms and 100 service apartments. “Total project cost of this commercial project is Rs 1,000 crore,” Logix group CMD Shakti Nath said. The investments are largely met through internal accruals, he said, adding that the […]



  • Noida
  • Real Estate India

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How China succeeded with SEZs

In China, SEZs were developed along its southern coast in the areas of Shenzhen, Shantou, Zhuhai, Hainan and Xiamen which were backward small villages lacking in basic infrastructure and industrial resources. These zones were developed as manufacturing hubs and the open access to international trade sea lanes led to their success. These SEZs attracted huge amounts of foreign capital and optimised the use of management, advanced technology and equipment. In India, apart from a few port locations, most of the existing and proposed SEZs are located inland. Moreover, the Indian policy makers could only see half the picture in assuming that the foreign investors who were not comfortable with the […]




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Unitech group’s UCP gets bids up to Rs 2,700cr for Gurgaon SEZ

NEW DELHI: Unitech Corporate Parks, a Unitech group firm listed in London, has received bids of up to Rs 2,700 crore from six companies, including Blackstone, for sale of its IT Special economic Zone (SEZ) in Gurgaon. Listed on London’s Alternative Investment Market and set up to invest in commercial real estate of India, UCP has 60 per cent stake in the Gurgaon SEZ comprising 3.6 million sq ft commercial space. Unitech has remaining stake in the SEZ. UCP has given the mandate to property consultant Jones Lang LaSalle India to find out potential buyers. According to sources, UCP, which has put the Gurgaon SEZ on the block, has received […]




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SEZs: In standstill mode

On Monday, the government rolled out the promised “package of reforms” to boost the country’s exports. The commerce ministry notified the Amended Rules, 2013, for special economic zones (SEZs) launched with much fanfare over seven years ago. However, real estate developers are not very enthused by the amended policy. The reason, they say, is not just policy, but several other factors that have stifled the growth of a sector, which posted growth of over 121 per cent in exports in 2009-10. As per the amended policy, the minimum land requirement norms have been eased, graded scale for minimum land criteria has been introduced, an exit policy for SEZ units has […]




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Govt mulls single window clearance for SEZs in Madhya Pradesh

INDORE: To ensure hassle-free establishment of special economic zones (SEZs) in Indore, the state government is all set to go for Development Control Regulation (DCR). On the lines of Gujarat, a single window clearance system is being planned for them. A decision to this effect is likely to be taken during the meeting of the state cabinet in Bhopal on Wednesday. Once cleared, the Act will empower the SEZ development commissioner to sort out the issues and give necessary permission to the SEZs that have already been allotted land by the state government and received notifications for the SEZ status. They include TCS, Infosys and Impetus. While TCS and Impetus […]




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29 SEZ developers including TCS, Parsvnath Infra & Unitech Infracon seek more time to implement projects

NEW DELHI: As many as 29 special economic zone developers including Tata Consultancy ServicesBSE -0.20 %, Parsvnath Infra and Navi Mumbai SEZ Pvt Ltd have sought more time from the government for implementing their projects. The inter-ministerial Board of Approval (BoA) chaired by Commerce Secretary S R Rao will consider these requests at its meeting on November 8. Posco-India Pvt Ltd, Unitech Infracon and Lodha Dwellers have also requested additional time for project implementation from the BoA, according to the agenda note of the meeting. The developers have cited reasons like global meltdown and fluctuating market conditions for delay in completion of projects. TCS, which is setting up IT/ITES zone […]




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New Infinity BassLink Compact Under Seat Subwoofer Brings Bass Performance for Automobiles

CES 2015, LAS VEGAS – HARMAN, the premium global audio, visual, infotainment and enterprise automation group (NYSE:HAR), introduced today at CES 2015 the Infinity® BassLink SM, the latest subwoofer in the BassLink line. The compact under seat subwoofer is designed to reinforce the low-end bass performance in vehicles and put the richness back into the music.




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Harman Unveils Next Generation of Infinity® Kappa™ Series Subwoofers

CES 2016, Las Vegas – Today, HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, announced the next generation of the Infinity® Kappa Series Subwoofers. The...




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HARMAN Showcases Today’s Ultimate In-Vehicle Experiences at CES 2019

CES 2019 - LAS VEGAS, NV – January 7, 2019 – HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co. Ltd., focused on connected technologies for automotive, consumer and enterprise markets, is showcasing at CES 2019 the vehicle’s role...




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HARMAN and IBM Watson IoT Introduce Cognitive Rooms that Bring Connected Experiences to Enterprise Settings

HARMAN Professional Solutions and IBM (NYSE: IBM) Watson Internet of Things (IoT) today unveiled Voice-Enabled Cognitive Rooms. Using IBM's Watson artificial intelligence (AI) technology and HARMAN AKG microphones, JBL speakers and AMX AV control and ...




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How to Listen 101: Q&A with HARMAN’s Audio Guru, Dr. Sean Olive

Studies show that listening to music can elevate your mood, reduce stress, ease pain, fend off depression, and even improve post-surgery outcomes. So if you are looking for a simple way to uplift your mood on any given day – just sit back, listen and cue...




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HARMAN Professional Solutions Announces AKG DMS Series Secure Digital Wireless Systems

CES 2019, LAS VEGAS – JANUARY 7, 2019 – HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, today announced new AKG DMS100 and DMS300 professional digital wireless systems.




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SAMSUNG X AKG: Q&A with HARMAN’s Dr. Sean Olive

From hardware to software and services, HARMAN and Samsung have a long history of embedding innovation across everything they do. One of HARMAN and Samsung’s most recent joint project involved the development of Samsung Galaxy Buds. The savvy, IPX2 ...




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Rise and Shine With the JBL® Horizon 2 Bluetooth Clock Radio: Sound That Kickstarts the Day

CES 2020 – LAS VEGAS, NV – JANUARY 6, 2020 – It’s time to ditch your generic, piercing smartphone alarm. The JBL Horizon 2 Bluetooth clock radio and speaker duo customizes the wake-up experience to help make anyone a morning person. Following the success...




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JBL® CLUB Headphone Series: Inspired by the Pros and Designed for Everyday

CES 2020, LAS VEGAS – JANUARY 6, 2020 – Today, JBL is introducing its first headphone series inspired by touring musicians, the JBL CLUB. Equipped with Legendary JBL Pro Sound, Personi-Fi™ and native voice assistants, the JBL CLUB series – CLUB ONE, CLUB...




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JBL’s Secret to the Top: Q&A with HARMAN’s Pascal van Laer

From accurate sound to breakthrough technologies, JBL has a history of transporting superior audio experiences to fans across the globe; and its headphones are no exception. The team’s unwavering commitment to delivering unmatched experiences and unique...




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Preserving the Art of Sound: HARMAN Helps Revive Mumbai’s Iconic Royal Opera House

During the early 1900s, the city of Mumbai witnessed an unprecedented peak in social, artistic, and cultural activity. At the center of this movement was the Royal Opera House, Mumbai, India’s ‘cultural crown jewel’ and only surviving opera house. Built...




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JBL® Sponsors Delhi Capitals for Indian Premier League Season 12

MARCH 28, 2019, NEW DELHI, INDIA – HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. today announced its sponsorship of Delhi Capitals, one of the key teams participating in the T20 Cricket Indian Premier League 2019, through its popular...




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JBL Professional Announces New Entertainment IRX Series Portable PA Loudspeakers at the 2020 NAMM Show

NORTHRIDGE, Calif.—HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, including networked AV, today announced new JBL IRX Series portable PA loudspeakers at the 2020 NAMM show in Anaheim, California. At NAMM,...




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JBL Professional Launches One Series 104-BT Desktop Reference Monitors with Bluetooth at 2020 NAMM and CES Shows

NORTHRIDGE, Calif.—HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, today announced new JBL Professional One Series 104-BT and 104-BTW desktop reference monitors with Bluetooth will be making their debut at...




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AKG Announces New Podcaster Essentials Bundle at the 2020 NAMM and CES Shows

NORTHRIDGE, Calif.—HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, today announced the new AKG Podcaster Essentials bundle at the 2020 NAMM show in Anaheim, California and the 2020 CES shows in Las Vegas,...




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HARMAN Announces Executive Management Changes Dinesh Paliwal to step down as President and CEO; Michael Mauser to succeed Paliwal effective April 1, 2020

Stamford, CT, Feb. 3, 2020 -- HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., focused on connected technologies and solutions for automotive, consumer and enterprise markets, today announced that Dinesh Paliwal will step down on April...




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National Cybersecurity Awareness Month 2019: Q&A with HARMAN’s Asaf Atzmon

With the 2019 National Cybersecurity Awareness Month (NCSAM) upon us, we decided to get the latest download on the state of cybersecurity in the automotive industry from HARMAN’s Vice President & General Manager of Automotive Cybersecurity, Asaf Atzmon....




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HARMAN Showcases Life-Saving Potential of Vehicle-to-Pedestrian 5G Technology at CES 2020

CES 2020 – LAS VEGAS, Nev. – January 6, 2020 – HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., focused on connected technologies and solutions for automotive, consumer and enterprise markets, today unveiled a new ADAS use case, called...




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Hyundai Motor Company and HARMAN International launch the world’s first road noise cancellation system into production

Stamford, Connecticut – February 03, 2020 – HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, has launched the world’s first active road...




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Powerful HARMAN Solutions That Create a Comfortable and Productive At-Home Setup

All around the world, parents, students and professionals alike are adjusting to a new reality that involves strict quarantine, social distancing and work from home measures. Without a doubt, the COVID-19 pandemic has changed the way people lead their...




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JBL Quantum Announced as Official Global Gaming Headset Partner of 100 Thieves

NORTHRIDGE, Calif. – APRIL 28, 2020 – Following the award-winning debut of the JBL Quantum Range gaming headsets earlier this year, today JBL continues to elevate the gaming space by teaming up with lifestyle power brand and leading esports organization...




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HARMAN presents the Art of Listening documentary

What is the difference between hearing and listening? One is passive, the other is active. One is automatic, the other is intentional. One we use every day, the other we may not have used in years. Listening is a veritable art form, and the...




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Sean Olive




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CES - HARMAN on the CASE for user centric audio experiences




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JBL Launch New Benchmark: HDI Series




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Best Noise-Canceling Headphones of 2020




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The Best Headset for Working from Home Are Your Wireless Workout Headphones




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JBL Quantum One Gaming Headset Review




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Elevate Your Quarantine Studio: Presented By JBL




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Pulse 4 JBL® : des lumières, du son, la fête

Le son 360° de JBL, un jeu de lumières bluffant : la Pulse 4 JBL est arrivée. Pour faire la fête, ou décompresser, créez votre propre ambiance. Depuis son salon à une soirée sur la plage (en passant par tout ce qu’il y a entre les deux), la nouvelle Pulse 4 JBL fournit un son incroyable, avec des effets visuels du même calibre.




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JBL réalise un nouveau record avec 100 millions d’enceintes portables livrées

HARMAN International, filiale à 100% de Samsung Electronics Co. Ltd, spécialisée dans les technologies connectées pour les marchés de l'automobile, des particuliers et des entreprises, annonce un nouveau record de sa marque JBL avec 100 millions d'enceintes portables livrées dans le monde entier. JBL consolide ainsi sa position de leader dans le domaine de l'audio portable et de créateur de catégories. La marque repousse les limites de l'innovation en donnant vie à la musique, afin que tout le monde puisse la ressentir. Aujourd'hui, JBL équipe les musiciens, les athlètes, les sites et les voitures les plus épiques du monde, tout en étant le leader du marché des enceintes portables avec 34,2% de parts de marché.




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Bouw een feest met de draadloze JBL® Pulse 4

360° JBL geluid. Een fantastische lichtshow. Met de Pulse 4 van JBL zorg jij voor een goede sfeer, of je nu wilt feesten of chillen. Van woonkamer tot strandfeest (en alles daartussenin), de nieuwe JBL Pulse 4 staat voor je klaar.




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JBL verlegt de lat met een nieuwe Soundbar serie

Een gestroomlijnd model, krachtige bas en nog intenser geluid: JBL tilt home entertainment naar een hoger plan. Op IFA worden vandaag drie splinternieuwe producten gelanceerd: een compacte alles-in-één oplossing, een kamervullende surround-sound en een diepe bas Bar. Voor ieder wat wils in de nieuwe Soundbar serie.




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JBL® Pulse 4: Lights. Sound. Party.

360° JBL sound. Vibrant lightshow. JBL’s Pulse 4 is here; party time or chill, you create the mood. From living room to beach party (and everything in between), the new JBL Pulse 4 provides incredible sound, with visuals to match.




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JBL raises the bar with new Soundbar series

Slimmer, punchier bass and more immersive sound; JBL has taken home entertainment to the next level. With three brand new products launching today at IFA including a compact, all-in-one solution, a deep bass beauty and a surround-sound room-filler, there is something for everyone in JBL’s new soundbar range.




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Entfesselter Sound mit dem JBL® LIVE 300TWS

Kabellose Freiheit verspricht der brandneue JBL LIVE 300TWS! Der neue True Wireless-Kopfhörer sorgt für perfekte Verbindung, glänzt mit seinem stylischen Design und garantiert jederzeit entfesselten Sound ohne Einschränkung. Ausgestattet mit leistungsstarken Treibern liefert der Kopfhörer einen verstärkten Bass, der jede Playlist zum Beben bringt.