The Enforcement Directorate on Friday arrested Iqbal Kaskar, the jailed brother of 1993 Mumbai blasts mastermind Dawood Ibrahim, as part of a probe into a recently registered money laundering case against him, officials said.
The ground reality of real estate sector in India, from a consumer's perspective is harsh. These are six of many ways in which a real estate developer or builders fleece home buyers.
Encouraging results for the fourth quarter of the 2022-23 financial year (Q4FY23) have led to a big surge in the share price of DLF. The realty major closed FY23 with Rs 15,000 crore (up 107 per cent year-on-year or YoY) of pre-sales, leading to cash generation of Rs 2,500 crore (up 14 per cent YoY) and reduced net debt by Rs 1,960 crore YoY. The launch of The Arbour project in Q4FY23 alone drove sales of Rs 8,000 crore in the quarter.
There was no evidence on record to link Shiv Sena Rajya Sabha MP Sanjay Raut to alleged irregularities in the redevelopment of Patra Chawl in suburban Mumbai, his lawyer on Tuesday told a special court.
Gangster-turned-builder Ashwin Naik and two of his aides were released from Taloja jail in neighbouring Navi Mumbai on Wednesday, a day after a sessions court acquitted him and some others in a 2015 case of extortion, an official said.
Shiv Sena (Uddhav Balasaheb Thackeray) leader Sanjay Raut on Sunday claimed a 'deal of Rs 2,000 crore' has taken place so far to 'purchase' the Shiv Sena party name and its 'bow and arrow' symbol.
Most remember him for old campaigns like Gloria Vanderbilt and Tommy Hilfiger.
Indian real estate saw 14 such private equity (PE) exits, worth $457 million (around Rs 2,285 crore) in 2011. Of these, promoters bought out existing PEs or other financial sponsors in eight deals, according VCCEdge, the research platform of VCCircle.
She's living her best days as the newest Ambani bride-to-be.
'You can't pull down the nation's builders and architects to please the people in power.'
Only a small percentage of passengers who traveled on the trains involved in the June 2, 2023 accident in Odisha had availed of travel accident insurance while booking their tickets online on the IRCTC portal.
Gaurav Mohta, chief marketing officer, Home First Finance Company, answers your home loan queries.
The President of the Security Council for December said India has taken the side of peace and favours de-escalation through diplomacy and dialogue.
One more case has been registered against former Mumbai police commissioner Param Bir Singh for allegedly extorting money from the relative of a builder and kidnapping him for ransom, the police said on Friday.
Dismissed police official Sachin Waze on Friday told an inquiry commission here that IPS officer Param Bir Singh had advised him not to indulge in the "illegal activity of collecting money" for anyone.
A 5% increase is expected due to additional interest on approval costs.
Before buying property, please carefully study the agreement with the builder, advises Sanjay Kumar Singh.
A bench headed by Justice R F Nariman, which disposed of a batch of over 180 petitions filed by various builders, said the RERA act which regulates the real estate sector should be read harmoniously with the amendments made in the IBC and in case of conflict the code will prevail.
A 56-year-old man was arrested after the chopped body parts of his live-in partner were recovered from a flat in Maharashtra's Thane district, an official said on Thursday. A court has remanded the man, identified as Manoj Sane, in police custody till June 16, he said.
Addressing the fourth APJ Abdul Kalam Memorial Lecture at the Rashtrapati Bhavan auditorium in New Delhi, Kovind said that "every Indian is proud of that great son of the country."
Four Indian quarter-milers running below 53 seconds augurs well for the country's hopes of winning six straight Asian Games gold in women's 4x400m relay since 2002.
August 15, 2023 became for me, an extraordinary Independence Day. I will remember it as the day the country's largest political party -- one that struts around like a colossus and tutors us in apt behaviour -- suddenly looked bankrupt in terms of ideas and had to take out a personal guarantee from the prime minister to underscore its capacity to deliver our future, observes Shyam G Menon.
A video has surfaced purportedly showing politician Shrikant Tyagi confessing it was a mistake to assault a woman and calling her his 'sister'.
The fight for Mumbai's green lung continues through the Ganesh Utsav festival.
...the BJP's template of operation was different or if the Centre and the state were ruled by dissimilar parties? asks Shyam G Menon.
To name your movie after Bollywood's most dhinchak hero and craft something so dull borderlines on sacrilege, feels Sukanya Verma.
Under these regulations, it will be mandatory for new buildings to use green technologies for recycling dry waste and drainage water, vermiculture for treatment of wet waste, solar energy and above all rainwater harvesting.
Realtors' body CREDAI on Monday said the cost of construction has gone up by 20-25 per cent, mainly during the last 45 days, due to steep rise in prices of raw materials like steel, and builders will be forced to increase property prices from next month by an average 10-15 per cent. CREDAI-MCHI, the Maharashtra chapter of CREDAI, demanded that the central as well as state governments consider giving relief to the industry by reducing stamp duty and GST rates, besides allowing input tax credit (ITC) to developers. The association said it would not advise member developers to stop construction works as of now, but if the price rise continues then builders would have no option but to halt works at project sites and defer purchase of raw materials.
The new law would boost home buyer confidence as well as investment in the realty sector.
Suppose you had bought a television set that came with a one-year warranty. It breaks down two years after purchase. You can't react emotionally and say that such an expensive set should last for at least five-six years.
Many developers are increasing prices by 15 to 30 per cent the moment they became sure of demand returning.
The common man in India is bogged down by corruption and there is a need to fix accountability at all levels, the Supreme Court observed on Friday as it dealt with a petition seeking debarment of those against whom charges have been framed in criminal cases from contesting elections.
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
The real scene stealer of Ajay-Tabu's Fury Road is Deepak 'Deadly' Dobriyal, applauds Sukanya Verma.
Supertech Managing Director Mohit Arora said the company will file a review petition in the SC.
The juvenile was also wanted in the murder of builder Sanjay Biyani on April 5 in Maharashtra's Nanded and the killing of gangster Rana Kandowalia outside a private hospital in Amritsar on August 4 last year,
Possession of the flats in Supertech project has already been delayed by over a year.
'Negotiate a longer agreement with the escalation clause fixed now.' 'This will enable you to control future cost increases.'
With developments like the Russia-China alliance and the rise of China in the Middle East, India's role has diminished though the India-Israel-US-UAE grouping may assume some importance in the future, observes Ambassador T P Sreenivasan.
