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After the terror, now it is the rage
When a city rises in rage, it time for her wrong-doers to tremble.On Wednesday, Mumbai stood up to accuse those who had harmed her -- her so-called political leaders, the bureaucracy, the......
Why the new realty Act will deliver a debt blow to developers
Slump in realty market to add to woes, debt of top players likely to rise 15-20% this financial year The Real Estate (Regulation & Development) Act, or RERA, would push up debt levels of real......
Backs to the wall, realtors go on cost-cutting spree to save cash
Plan to lay off excess staff, trim salaries of top executives. Faced with a tight liquidity scenario in the wake of demonetisation and Real Estate (Regulation & Development) Act, 2016, or Rera,......
Cash Crisis: Day 8: Aaj ki Taaza Khabar!
IMAGE: Hiraba Modi, the prime minister's mother, after she exchanged Rs 500 and Rs 1,000 at a Gandhinagar bank. Demonetisation: Real estate resale market hits a wall Activity in the sale......
Meet India's new age landlords
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai. Image: Lodha’s upcoming tallest residential building. Photograph, courtesy: Lodha Group As big real......
Realtors get by on cash from moneylenders
Hit by an acute cash crunch, some of the top property developers in Mumbai are borrowing funds at four per cent interest a month from private moneylenders and investors to meet their yearly debt......
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