Supertech's revenues zoomed to Rs 1,874 crore in 2012-13, from Rs 218 crore in 2007-08, on the back of a real estate boom.
Supertech is just one among the many real estate players returning to commercial projects.
The sale of 250 units within 60 days definitely sets a yardstick
A trust deficit had been building between developers and their customers, with massive incidence of project delays and deviations. Compliance with Rera is an opportunity to revive buyers' confidence.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
Supertech also plans to file an SLP in the Supreme Court.
Real estate biggies unhappy with status quo on RBI rate cut.
The real estate subvention scheme or 80-20 home buying plan, recently banned by the Reserve Bank of India, is now being replaced by other offers to attract buyers.
Property markets in Uttarakhand and Himachal Pradesh, which have had a dream run in recent years, are set to face a downturn.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
Discounts up to 15% expected this festive season; analysts expect October-December period to garner sales of at least 60K units across seven major cities.
Raheja has unveiled Krishna Housing Scheme in sector 14 at Sohna and the homes will be priced at Rs 15,00,000-23,00,000.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
Real estate biggies expcet single window clearance for upcoming projects.
Many likely to be in trouble if restive consumers also petition the courts.
New law could pose challenges of cost escalation, increased paperwork, fear developers.
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai
Consumer durables and electronics companies are putting the final touches to their festive period plans.
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