Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Board of Approvals on Wednesday gave final clearance to 15 Special Economic Zones but deferred a decision on the Navi Mumbai zone promoted by Reliance Industries chief Mukesh Ambani and Anand Jain.
DLF says it has started the process of giving possession of housing units at New Town Heights project according to its commitment
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable, given the revenue loss they've suffered during the lockdown.
Tightening the noose around whistleblower Indian Administrative Service officer Ashok Khemka, the Haryana government has chargesheeted him in connection with cancellation of the mutation of a land deal between Robert Vadra and real estate major DLF in Gurgaon in October last year and accusing him of causing damage to the reputation of Sonia Gandhi's son-in-law.
The buyback will open on October 15 and would close on July 9, 2009, that is 12 months from the date the board of directors approve the offer, the company said in a filing to the Bombay Stock Exchange. In July, the company had announced its plan to buy back shares from existing shareholders at a price not exceeding Rs 600 a share. The company plans to buy a maximum of 22 million equity shares, or 11 per cent, of the 202 million shares held by the public.
Raghavendra Kamath and Ashutosh Joshi spoke to Kushal Pal Singh on the growth of Indian realty story and issues surrounding it.
Delhi and neighbouring Noida in Uttar Pradesh, too, are studying Gurgaon's no-car Tuesday model.
At a meeting held earlier on Thursday, the company's board has approved the buyback plan for purchasing shares worth up to Rs 1,100 crore (Rs 11 billion) that would come through internal resources. About a year ago, the company had sold its shares to the public for Rs 525 each in its IPO and the shares had soared to a life-time high of Rs 1,225 on January 15 this year.
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
State and UT governments have been given the flexibility to take a decision on re-opening of schools and coaching institutions after October 15 in a graded manner.
Prime Minister Manmohan Singh launched real estate developer DLF Universal's Special Economic Zone project here, as part of initiatives to revive the state's industrial sector.
Reader Balaji Rao Jallipalli sent us a picture of Shiv Kapur from Delhi.
The IAS officer, who was posted for nearly 15 months in the sports and youth affairs department, headed by Minister Anil Vij, has been transferred over 45 times in his career so far.
The JV will plough the funds into its property development biz in India.
The number of deals announced in the month were the highest ever at 102 for any month, compared to 75 in the same period last year and 92 deals in March.
The solution lies in asking the private sector to get its own land; indeed, some of the firms planning large retail footprints across the country are tying up with specialised realty firms for precisely this reason.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The RBI had been widely expected to lift its repo rate by 25 basis points, but instead opted to keep the country's main lending rate at 7.75 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Zee had made a bid of US $219.15 million for five years, during which they will telecast India's overseas cricket series.
Many likely to be in trouble if restive consumers also petition the courts.
The Gurgaon Rapid Metro, connecting the Cyber City with the Delhi Metro network, begins its run on Thursday.
General secretary and spokesperson of Shiv Sena Gurugram wing Ritu Raj said that they had served notices to every meat and chicken shop.
Khattar noted that the court has not given permission to make the report of the commission public.
Retailers and mall developers have seen 35-50 per cent growth in the first two weeks of the end-season sale.
It could take more than two years to get sold.
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai
Delhi Police personnel had to baton charge activists of the India Against Corruption on Sunday as they gathered outside the Delhi residence of Haryana Chief Minister Bhupinder Singh Hooda to protest against his government's corrupt dealings in connection with allegations against Congress president Sonia Gandhi's son-in-law Robert Vadra and realty major DLF.
Prime Minister Manmohan Singh's battles. Ghulam Nabi Azad's DLF connection. Team Rahul avoiding Vadra spotlight. The Kejriwal angle in Cabinet rejig. All this, and more, in this week's Dilli Gupshup
The Congress on Friday said there was "nothing illegal, malafide or unethical" in the business dealings of Robert Vadra with realty major DLF and accused BJP of unleashing its "B-team" India Against Corruption to "regurgitate" the old allegations.
The Bharatiya Janata Party on Thursday demanded an "impartial" court-monitored inquiry into the allegations against Congress President Sonia Gandhi's son-in-law Robert Vadra over his property dealings with realty major DLF.
Communist Party if India leader A B Bardhan demanded a probe into business dealings between Sonia Gandhi's son-in-law Robert Vadra and DLF, saying there were contradictions between the financial statements declared by Vadra and the realty major.
A Haryana government-appointed committee, that probed the orders of senior Indian Administrative Service officer Ashok Khemka cancelling the sale of over 3 acre of land to realty major DLF in a deal with Robert Vadra, son-in-law of Congress President Sonia Gandhi, on Friday submitted its report.
Global businesses still believe that India consumption story is intact despite the slowdown of the past couple of years.
These builders had collected the taxes from prospective buyers but had failed to deposit them.
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