Bengaluru police have arrested eight people, including two minors, in connection with the kidnapping and murder of a real estate businessman. The investigation is ongoing, with a possible motive involving business rivalry and allegations of black magic.
The Enforcement Directorate (ED) conducted searches at 19 locations in Haryana and Chandigarh concerning the alleged embezzlement of Rs 590 crore from Haryana government accounts held with IDFC First Bank. The investigation focuses on identifying business entities involved in concealing the money trail and proceeds of the crime.
Police in Bengaluru have arrested eight people, including two minors, in connection with the kidnapping and murder of a real estate businessman. The victim, Gopal alias Gopi, was allegedly kidnapped after a car collision and his body was later found in Hosur, Tamil Nadu. The investigation revealed a long-standing rivalry between the victim and the main conspirator, who believed Gopal was using black magic against him.
The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.
Platform-style partnerships between global investors and Indian developers are expected to gain further traction over the next few years. This comes as institutional capital increasingly shifts from one-off asset acquisitions to scalable, long-term strategies.
Three men have been arrested in Bengaluru for allegedly robbing a real estate businessman after posing as police officers. The accused gained entry to the victim's home under the guise of checking CCTV footage.
A real estate businessman from Bengaluru was found dead in Tamil Nadu a day after being allegedly kidnapped. Police have arrested a suspect believed to be the mastermind behind the crime.
A real estate businessman from Bengaluru was found dead in Tamil Nadu a day after being allegedly kidnapped. Police have arrested a suspect believed to be the mastermind behind the crime.
A real estate businessman from Bengaluru was found dead in Tamil Nadu a day after being allegedly kidnapped. Police have arrested a suspect believed to be the mastermind behind the crime.
'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.
Traditionally, real estate has been the major investment avenue across the world. The trend is not due for a change as the capital appreciation is good. However there are some points to be thought about.
This year there are high expectations for lowering home loan interest rates, over the next 12 months and increased interest rate subsidy for loans up to Rs 50 lakh.
Over $4 billion belonging to various global realty funds is ready to enter the Indian real estate sector on the back of $1 billion which has already come in, according to Bobby Parikh, managing partner, BMR & Associates.
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
The total demand has remained subdued mainly due to high interest rates and property prices.
White collar hiring in November has surged by 23 per cent, mainly led by non-IT sectors such as education, real estate, hospitality and travel, and insurance, says a report. October had registered a 9 per cent year-on-year decline in hiring due to advancement of Diwali dates this year while in November it rebounded with a 23 per cent growth, according to the Naukri JobSpeak Index report.
A builder arrested in connection with the death of a software engineer in Greater Noida has been sent to judicial custody. An SIT is investigating the incident, questioning Noida Authority officials regarding alleged negligence.
'After Covid, people started looking for bigger houses with pools and landscaped gardens.' 'Even middle class buyers are looking at plots of land in smaller towns.'
The Bill comes at a time when prospective home buyers are avoiding under-construction projects, almost everywhere in the country, thereby drying up sources of interest-free funds for debt-ridden developer firms
Maharashtra has pipped Tamil Nadu in NITI Aayog's latest Export Preparedness Index (EPI) for 2024. While Gujarat, Uttar Pradesh and Andhra Pradesh gained ground, Karnataka and Haryana slipped out of the top five, the central government think tank said in its report released on Wednesday.
The seasons in 2012 and 2013 went by with hardly any property launches, mainly due to an economic slowdown and a need to clear the backlog
New real estate portals like PropTiger and Commonfloor are also focusing on the secondary market in a big way.
Real estate investment trusts may not be attractive enough.
The real estate sector presents a daunting picture with revival prospects appearing to be bleak.
Also, LBS Marg provides easy accessibility to other parts of Mumbai.
Karisma Kapoor was married to businessman Sunjay Kapur, and after his death earlier this year their children have dragged Sunjay's wife Priya Sachdev Kapur to court for their right share in the property.
The real estate sector might have been caught off guard by the second wave of the Covid-19 pandemic, but large listed developers like Godrej Properties and Prestige Estates Projects soldier on undeterred. They aim to have sales bookings of Rs 10,000 crore in the next few years.
'The momentum is driven by rising affluence, strong demand from HNIs (high net worth individuals) and NRIs (non-resident Indians), an increased appetite for larger, well-located homes by branded developers, and support from the economy.'
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Firing yet another salvo at Narendra Modi government, Congress vice president Rahul Gandhi on Saturday claimed it had diluted provisions of Real Estate Regulatory Authority Bill making the legislation pro-builders from being pro-buyers.
Indian economy grew by 7.8 per cent in April-June -- the highest in five quarters -- before the disruptive US tariffs were imposed.
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
'Earlier, such beliefs were primarily observed among older buyers, but now we see younger buyers showing interest in aligning purchases with numerological or astrological significance.'
Smartphone maker BlackBerry will sell most of its real estate holding in Canada in a bid to improve operational efficiencies as the firm is facing mounting losses and unsold handset inventory.
India's top eight housing markets saw a one per cent decline in sales during the July-September period to 95,547 units, mainly due to lower demand in Mumbai, Pune and Delhi-NCR, according to PropTiger. Real estate consultant PropTiger, recently acquired by listed entity Aurum PropTech Ltd, released its data on Wednesday for India's eight primary housing markets for the July-September quarter.
Of the Rs 4,405 crore unpaid debt of 12 companies, more than half was locked in just one Mumbai-based real estate company, Kohinoor CTNL Infrastructure.
'Earnings growth will be the main driver of India's market in 2026, with profits expected to rise 9% to 10% in H2 FY26 and accelerate to 12% to 15% in FY27.'
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