Property developers plan more launches in the sub-Rs 20 lakh category of homes, after Monday's Budget concession.
The Supreme Court on Wednesday granted an interim relief of Rs 5.14 crore to dependents and injured victims of Uphaar cinema hall tragedy, which claimed 59 lives and injured 103 people in New Delhi in June 1997.
Affordable housing, the most neglected segment of the real estate sector, is now attracting large-scale investments from developers as well as private equity funds.
PlayStation Experience, Sony Computer Entertainment India's annual showcase of the best offerings from its PlayStation brand, kicks off.
Italics in New Delhi is looking for copy writers.
Unitech is pinning its hopes on the sub-Rs 5 lakh category of flats to counter the slowdown in the property sector. So are a host of others. Apart from Unitech, others such as Omaxe, Raheja, Tata Housing and Ansal API are planning new projects in the suburbs of satellite towns or smaller cities to target the bottom segment, to generate more cash.
Move aimed at reducing tax exemptions ahead of Budget 2008-09.
Mutual funds bought metal, media, telecom, engineering, and pharma stocks in December
After Anil Ambani's proposed special economic zone and land allotments in Noida, all big-ticket real estate projects are being reviewed by the Mayawati government in Uttar Pradesh.
The counsel for convicts had on Wednesday submitted that they should either be sentenced only to a fine or be released on probation; a custodial punishment was not mandatory for the provisions of the law under which they have been held guilty.
A Delhi court on Wednesday deferred the hearing till Thursday on the quantum of punishment in the Uphaar cinema tragedy case as the arguments remained inconclusive.
The BSE Sensex bounced back by 14.8 per cent (2,261.65 points) from Tuesday's intra-day low of 15,332.42 to close at 17,594.07 on Wednesday. The index, which lost 5,874.35 points from its all-time high of 21,206.77, has retraced 39 per cent of its total losses.
The sector, which is top five in terms of market capitalisation rankings two months ago, slipped to number eight position on Wednesday. On Tuesday, the Mumbai Metropolitan Region Development Authority (MMRDA) failed to get bids for two of the five plots that it auctioned in Bandra-Kurla Complex (BKC) in Mumbai.
A Delhi court had on November 23 sentenced Sushil Ansal along with his brother Gopal -- the owners of Uphaar cinema hall -- to two-year jail term for causing death by negligent act.
They feel the court had let off the Ansal brothers by booking them under a lenient Section 304A rather than Section 304.
The court is going to decide the fate of the 12 accused, including theatre owners Sushil and Gopal Ansal, who have been charged with causing death by negligence.
Having made public its tie-up for a retail venture, the Bharti-Wal-Mart combine is roping in leading realty majors like DLF, Emaar MGF, and Ansals for handling the massive real estate requirements of the project.
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Coca-Cola India invites you to participate in the Coca-Cola Truly Yours promotion.
She was travelling in an Ola cab when unknown persons stopped the vehicle, pulled her out and thrashed her.
Sunetra Choudhury hopes the Supreme Court will eventually give a fitting punishment to the Uphaar accused.
The party said that given the anguish expressed by the families who had waged a long legal battle, a lot needs to be done to restore the faith of families of the deceased in the country's justice delivery system.
The case is understood to be related to the alleged irregularities in land allotment in 2009, sources said.
Builders were questioned on unfair trade practices.
The real estate industry today hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.
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Nearly 40 developers participating in HDFC Indian Homes Fair in London would showcase thousands of property.
In his Budget speech, the finance minister said: "We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits."
As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.
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