Pooja Thakur

The Despair Of Home-Buyers In India Left With Unfinished Flats

Business | Dhwani Pandya and Pooja Thakur, Bloomberg | Thursday April 25, 2019

An analysis of about 11,000 home builders by research firm Liases Foras in February showed that developers on average have to repay twice as much in debt each year as the income they generate that can be used to service it.

In All Of Asia, Office Rentals Shoot Up The Most In Bengaluru

Business | Pooja Thakur, Bloomberg | Tuesday September 4, 2018

The southern Indian city topped Knight Frank's office-rent index with a 7% hike in rates in the three months ended June versus the quarter prior.

In Mumbai, Delhi, How Once-Hot Property Market Has Tanked

Business | Pooja Thakur, Upmanyu Trivedi and Dhwani Pandya, Bloomberg | Wednesday January 31, 2018

The property developers are adding to a pile-up of bad loans in India's banking sector, which is already struggling to manage a spike in stressed assets across several industries.

Home Sales Recover With Mumbai Vaulting To A 7-Year High

Business | Pooja Thakur, Bloomberg | Wednesday August 23, 2017

Sales in Mumbai jumped to the highest in seven years in the second quarter, according to property consultancy Liases Foras Real Estate Rating & Research Pvt.

Real Estate Most Affordable In 20 Years, Partly With PM Modi Reforms

India News | Jacqueline Thorpe and Pooja Thakur, Bloomberg | Tuesday June 6, 2017

Indian real estate, historically a depository for black-market cash, was hit hard by the government's move to stamp out corruption with a ban on high-denomination bank notes in November. The slump is showing signs of a recovery. Sales across nine cities rose 19 percent in the March quarter after a 20 percent slump in the previous three months, acco...

This New PM Narendra Modi Drive, Worth $1.3 Trillion, Could Push India's Growth

India News | Archana Chaudhary and Pooja Thakur Mahrotri, Bloomberg | Tuesday May 9, 2017

Prime Minister Narendra Modi's drive to bring homes to the country's 1.3 billion people, rising incomes and the best affordability in two decades will unleash a $1.3 trillion wave of investment in housing over the next seven years, according to CLSA India Pvt.

Property Developers On Notice: Clean Up Act Or Go To Jail

Business | Pooja Thakur, Bloomberg | Wednesday May 3, 2017

Under laws that came into force Monday, developers have to use at least 70 percent of sale proceeds to complete residential projects.

Trump Tower Mumbai Sales to Resume, Comes with Private Jet Service

India News | Jacqueline Thorpe, Pooja Thakur, Bloomberg | Tuesday April 25, 2017

Lodha Group plans to resume sales at Trump Tower Mumbai after a post-election hiatus, providing a test for India's languishing luxury home market, and the U.S. president's brand.

Even Trump Building Is Not Immune As India's Property Market Takes A Hit

India News | Pooja Thakur, Bloomberg | Friday January 13, 2017

After trying for four months to sell his apartment in a western suburb of Mumbai, Meher Verma decided to cut the price by 10 percent. With property demand plummeting in the wake of November's sudden ban on high-denomination notes, he's not sure the reduction will do the trick.

India's Biggest Urban Makeover To Change Mumbai Forever: Foreign Media

Mumbai News | Pooja Thakur Mahrotri| Anto Antony| BLOOMBERG | Tuesday October 4, 2016

Shabbir Arsiwala's family has lived for 100 years in a prime area of Mumbai in a noisy, two-room apartment he calls "foul-smelling and claustrophobic," where a bucket placed along the peeling-paint-flecked walls collects dripping water and blue plastic sheeting keeps out rain. Soon, the 69-year-old former owner of a glass shop and his family will g...

Officer Pooja Thakur, Who Led Guard of Honour For Obama, Sues Indian Air Force

India News | Reported by Vishnu Som, Edited by Deepshikha Ghosh | Thursday July 14, 2016

Wing Commander Pooja Thakur, who became one of the most visible faces of the Indian Air Force (IAF) after leading a Guard of Honour for US President Barack Obama last year, has gone to the Armed Forces Tribunal after being denied full service.

Raghuram Rajan Boosts PM Modi's Goal of Housing For All by 2022

Business | Pooja Thakur and Anto Antony, Bloomberg | Friday October 16, 2015

Prime Minister Narendra Modi's goal to put a roof over India's 1.3 billion people just got a lift.

Offer of $9,500 Mumbai Home Comes with Chopper Ride, Job

Cities | Bloomberg, Pooja Thakur, Rajhkumar K Shaaw | Monday September 21, 2015

It's an unusual promise from a builder: dwellings for as low as 6.25 lakhs in Mumbai's far outskirts. Also thrown in are a helicopter joy ride and a job for one female member of the buyer's family.

Wing Commander Pooja Thakur 'Feels Good' to be Appreciated by US President

India News | Press Trust of India | Wednesday January 28, 2015

Surprised at receiving a compliment from US President Barack Obama on Tuesday, Wing Commander Pooja Thakur, who led the Inter-Service Guard of Honour inspected by the US President at Rashtrapati Bhavan, said "it feels good".

Nations Become Successful When Women Do Well: Barack Obama

India News | Press Trust of India | Tuesday January 27, 2015

US President Barack Obama today said the sight of "incredible" Indian women in the Armed forces was one of his "favourite things" on his India visit as he stressed that nations become successful when their women make progress.