Gunning for equity and realty
Mar 24, 2014
Source : The Hindu

 

DELHI: Vibha Padalkar joined HDFC Standard Life in 2008 after a seven-year stint as Executive Vice-President, Finance, at WNS Global Services. Discipline is the keyword when it comes to investments. Of course, periodic shifting of asset classes is also required. Here’s more on where a woman CFO invests and her investment mantras.

Name four investments that you made

I have set asset allocation strategies during different phases of my life and have tried to stick to them. While the proportion has varied over the years, the four broad categories include real estate, equity, long-term debt and liquid funds. It is important that one sticks broadly to these categories, shifting periodically between asset classes as markets or prices rise or fall.

For example, it is important that in a rising equity market, one is not swayed by the gains and is disciplined enough to shift some gains made to other asset classes.

What are the three rules you follow when investing?

First, decide what your monthly savings target is. Transfer that out first thing at the beginning of the month or through a SIP. That will ensure that savings becomes a habit rather than a ‘residue’ at the end of the month.

Second, stick to your asset allocation strategy. Lastly, do not try to time the market.

What are the two asset classes you are bullish on, currently?

I continue to remain bullish on the India equity and real estate stories where the investment horizon is long term.

Is there one financial decision you wish you could go back and change?

Yes, I have burnt my fingers by investing in sectoral funds such as infrastructure.

A tight spot you were in and the takeaway?

I don't invest dangerously or recklessly, so I can’t think of any tight spot.

Latest Realty News

Dwarka won’t vote, or pay tax
Mar 24, 2014
DELHI: The federation of Dwarka's group housing societies announced on Sunday that not only will they not vote in the upcoming Lok Sabha elections, but they will also stop paying property taxes. At a dharna organized to protest the massive shortage of water in the area, residents also said they would field their own candidate for the next assembly elections
Property prices cool, but home rents heat up
Mar 24, 2014
DELHI: Property prices have cooled down significantly in the last one year. So, has this led to a lower rental bill for tenants? No, rents in most cities have increased in the last 12 months, with some localities even witnessing hikes of up to 20 per cent.
DDA proposes more FAR
Mar 24, 2014
DELHI: DDA is planning to increase the floor area ratio (FAR) for residential as well as commercial property in Delhi. At present, the FAR of residential property is only 2.
Office space demand to grow by 7% in 2014: DTZ
Mar 23, 2014
DELHI: Office space absorption is likely to rise 7 per cent this year to 29 million sq ft in India's 7 major cities as corporates look at expanding businesses, says global real estate consultant DTZ.
Mishra, wife ride high on real estate boom
Mar 22, 2014
DELHI: West Delhi MP Mahabal Mishra seems to have gained the most from the city's real estate boom. In the past five years, there has been an exponential increase in Mishra's and his wife's assets. Their immovable belongings, which were valued at Rs 2.75 crore in 2009, are worth Rs 33.46 crore today.
Tata Housing to invest Rs 700 crore on housing project in Chennai
Mar 22, 2014
DELHI: Realty major Tata Housing today said it will invest over Rs 700 crore to develop a new housing project in Chennai.
India's realty sector remains favoured destination: Report
Mar 22, 2014
DELHI: The Indian construction and real estate sector continues to be a favoured destination for global investors and businesses are optimistic about their prospects for this year, says a report.
Circle rate & market rate: All you need to know
Mar 19, 2014
DELHI: Circle rate is the minimum value at which the sale or transfer of a plot, built-up house, apartment or a commercial property can take place. Market price is the value of such an asset for a transaction between a seller and buyer which is done at an arm length’s principle – with the price determined by the market forces of supply and demand.
Real Estate law should be made applicable on small projects: Panel
Mar 19, 2014
DELHI: A parliamentary panel has favoured bringing small projects within the purview of the Real Estate (Regulation and Development) Bill, 2013.
Golden State Capital to raise $500 m from REIT listing
Mar 18, 2014
DELHI: Private equity firm Golden State Capital (GSC) said it will set up a real estate investment trust (REIT) to spearhead operations in India. The company, which hopes to raise $500 million (around ?3,060 crore today) by listing the REIT in Singapore, intends to invest $1 billion over the next three years in stabilised offices that are FDI-complaint.

Latest Realty News Of State

Realty Talk's