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Cabinet amends real estate bill to stamp out illegal practices

The cabinet has amended a bill to regulate the real estate sector, protect home buyers and curb undeclared "black money" in property markets that costs the exchequer billions of dollars in lost......

Construction delayed? Builder must return money on demand

Builders insist on timely payments and demand interest at high rates in case a flat purchaser delays payment. Yet, going against equity, they avoid paying interest or even refunding a flat......

Profit booking drags Sensex 167 points lower

Markets have closed the trading session on a lower note as investors turned cautious and booked profits with oil and financial shares leading the decline. The Sensex closed lower by 167 points at......

Realty brokers on slippery ground

Narayana Seena Shetty, 45, a real estate broker in Thane on the outskirts of Mumbai, operates from the balcony of a closed shop. After his landlord raised the rent of his shop from Rs 8,000 a month......

Is your builder a defaulter?

Real estate developers are grappling with the issue of meeting loan repayment commitments. Recently, Mumbai-based real estate developer Orbit Corporation defaulted on a Rs 96-crore (Rs 960-million)......
  Web results for Orbit Corporation
Global project management firm Turner eyes 25% sales from India

Global consultancy and project management firm Turner is eyeing nearly 25 per cent of its total sales from India operations in the next 3 years.... ...

http://yourstory.com/2015/07/turner-growth-india/
Brokerage Ambit expects Mumbai property prices to crash by 50%. Here's why

High prices, drying up of bank lending and government efforts to reduce black money could possibly result in a crash in realty prices in the... ...

http://m.firstpost.com/business/economy/brokerage-ambit-expects-mumbai-property-prices-crash-50-heres-2352300.html
Orbit

In an interview with CNBC-TV18, Orbit Corporation MD Pujit Aggarwal said the company had pared its debt from Rs 950 crore once to about Rs 600-650... ...

http://www.moneycontrol.com/news/business/workinglendersdefault-have-pared-debt-orbit_2049901.html
Homebuyers protest Orbit project auction

MUMBAI: Homebuyers at real estate developer Orbit Corporation's project in Andheri suburb of Mumbai held a protest on Wednesday at the project site... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/4829e9de/sc/24/l/0Leconomictimes0Bindiatimes0N0Cwealth0Creal0Eestate0Cnews0Chomebuyers0Eprotest0Eorbit0Eproject0Eauction0Carticleshow0C480A947790Bcms/story01.htm
Equity Research Report Ways2Capital 08 July 2015

Nifty futures/Bank Nifty futures market closed on 8380/ 18358. According to technical analysis if Nifty futures and Bank Nifty future moves... ...

http://pressreleaseping.com/equity-research-report-ways2capital-08-july-2015

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