Nano Homes

After taking the middle-class by ‘Nano’ storm, the Tatas are again set to work their low-cost magic in the housing sector. Tata Housing Development Company has come up with a ‘Shubh-Griha’ scheme to provide low-cost houses, priced between Rs3.9 lakh and Rs6.7 lakh for people in Mumbai.

Earlier, in January, Maharashtra Housing Area Development Authority (MHADA), which was set up to provide...

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NSEs lavish spend on Kohinoor City unjustified
In a down and out real estate market, National Stock Exchange (NSE) and its group companies bought a 80,000 square feet (sq ft) commercial space in Kohinoor City, near Vidyavihar station, for Rs15,000 per sq ft. NSE does have a huge office at Bandra Kurla Complex (BKC), then where was the need for another office, that too when there are plenty of spaces available at BKC itself?

If...

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A New Package for Financial Advisors?

What is your first product for the Indian market and who is it meant for?
It is a mutual fund distribution platform which will bunch all transactions of all the clients of each IFA. Right now, investors buy and sell fund units and deal with different funds directly. iFast’s product will aggregate all these transactions at the IFA level through a single account.

What are the benefits?

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