Move to accelerate investments; Japan to have a share in corpus
The realty market has been reeling under declining sales, coupled with higher inventory, for the past two years.
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
Experts say with a stable government, things will start improving but the impact might be visible only after six-12 months.
Senior government officials said the company would be allowed a harmonious exit.
Shift to new business model to help companies cut capital cost, increase margins.
Supertech also plans to file an SLP in the Supreme Court.
Amid a spate of government proposals at its door, the Election Commission has asked all Union government departments to route their proposals through the Cabinet Secretariat.
To proceed with a Cabinet proposal to grant the relaxations to RIL, the Election Commission's approval will be sought.
Many likely to be in trouble if restive consumers also petition the courts.
If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.
Home seekers demand has exceeded supply and hence there is a possibility of rentals going up by atleast 10 percent.
Will get Rs 830 cr, Rs 329 cr respectively to offset higher coal costs
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
Rents have risen most in Delhi's Connaught Place and Gurgaon's Cyber City & M G Road. Because of slowdown, supply has been restricted but demand has risen.
It also expects to get its REIT listed on the Singapore stock exchange next year.
Both the South cities have also beaten the NCR in the number of new launches.
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Across the country, residential projects offering deals have risen 45-50 per cent in the run-up to the festive season and may double further by Diwali and the year-end as realtors attempt to clear piled-up inventory.
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