A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
The Bharatiya Janata Party has been the biggest beneficiary of donations from the Satya Electoral Trust.
A summary of sports events and persons who made news on Wednesday.
The Reserve Bank on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of 'innovative' housing financing schemes.
The company will develop residential and commercial real estate on the 17-acre land in the plush area, which it bought from DLF last year.
Internet service provider O-Zone Network and telecom equipment maker Alcatel Lucent have inked an agreement for jointly developing Wi-Fi hotspots across the country.
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Barely two weeks after opening a special branch for high networth individuals, the State Bank of India (SBI) on Monday launched an exclusive branch for corporate salary accounts at the DLF Cyber Centre at Gachibowli in Hyderabad - its first in the state.
Teen golf sensation Aditi Ashok scripted history on Sunday as she became the first Indian woman to win a Ladies European Tour title by clinching the Hero Women's Indian Open in Gurgaon.
Ahead of New Year, the Delhi police carried out mock drills to check the preparedness of the security forces.
The 2011 DLF IPL season will get under way on Friday April 8, 2011, with reigning champions Chennai Super Kings playing Kolkata Knight Riders at the M.A. Chidambaram Stadium, Chennai. The ten teams will play a total of 74 matches at 13 venues over 51 days.
Wondering how you can add oomph to your style quotient this summer? Just wear a six yards of grace!
Tightening the noose around whistleblower IAS officer Ashok Khemka, Haryana government is preparing a second charge sheet against him for alleged low sale of wheat seeds during his tenure in Haryana Seed Development Corporation as its managing director from October 15, 2012 to April 4 this year.
With Mandira Bedi taking a break this season as she gets set to deliver her baby, model, singer, performer and television host Shibani Dandekar steps into her very large shoes.
Global technology and consultancy giant, Accenture, is currently in the process of setting up operations, by way of a software development and delivery centre in Rajarhat.
Amidst an outpour of grief, Tarishi Jain, the 19-year-old Indian girl who was killed along with 19 others in the Dhaka terror attack, was cremated in Gurgaon on Monday.
"Property prices are sub-set of demand. We do not foresee any negative impact on demand. Hence, the prices will not come down," Jones Lang LaSalle India (JLL, India) Chairman and Country Head Anuj Puri said, when asked about the likely impact of housing finance scam on property demand and prices.
Around 576,000 housing units, worth Rs 4.64 trillion, are delayed in seven major cities of the country
The revival in Mumbai's property market could help the group.
The company has today grown into a full fledged advertising and marketing solutions company with revenues of over Rs 28 crore (Rs 280 million).
Housing sector to benefit from Budget.
Teen golf sensation Aditi Ashok scripted history as she became the first Indian woman to win a Ladies European Tour title by clinching the Hero Women's Indian Open in Gurgaon on Sunday.
There are early signs of demand pick-up in the sector, but a lot depends on pricing and the demand for housing during the festival season.
Debt overhang, unsold inventory and lacklustre investor interest could force developers to cut prices.
The Union finance ministry may have to battle it out in court with the sponsors of the Indian Premier League cricket tournament to make them comply with its service tax payment demands.
The minister also announced that the low-cost housing (property up to Rs 20 lakh) segment would be exempted from service tax.
Property consultants also feel that the hike in policy rates would not have any significant impact on the housing sector, which has witnessed a revival in demand for the last one year.
Rentals for commercial complexes fell sharply and the land, developers felt, could be employed for other purposes.
Justice S N Dhingra Commission, which was set up to probe into grant of land licences to some companies including that of Robert Vadra's in Gurgaon during the Congress rule in Haryana, on Thursday sought six weeks more time to submit its report hours before the deadline was to end.
Indian Premier League Commissioner Lalit Modi and title sponsor of the Twenty20 extravaganza DLF have been asked by the Sports Ministry to stop misusing the word India and comply with an Allahabad High Court order. At the centre of the controversy is the 'Building India' tagline in the DLF logo on the bowler's run-up area and the passage leading to the presentation ceremony, where players frequently tread on.
Kolkata Knight Riders skipper Sourav Ganguly has been fined US $40,000, and his teammates US $10,000 each, for maintaining a slow over-rate during the Indian Premier League match against the Delhi Daredevils in Kolkata on Wednesday.
"The premium global smartphone manufacturer bid Rs. 2199 crores, which is a 554 per cent increase over the previous contract. In the upcoming five IPL seasons (2018-2022), Vivo and IPL will have extensive cooperation in terms of sports events, on-ground activations and marketing campaigns," the BCCI said in a statement.
This upturn comes soon after an earlier stalling of demand. In February, DLF, the country's largest property developer, said it had stalled construction on 16 million sq ft of commercial space (retail and office) due to lack of demand. So, too, with other developers like Unitech, Parsvnath and Raheja, who either stalled or slowed the construction of their commercial properties because of a demand-supply mismatch.
The government's ambitious highway projects under the public-private partnership mode are in serious trouble. Construction companies have either not put in bids or have withdrawn from 20 such projects, which fall under the build, operate and transfer scheme.
At a recent meeting with Delhi chief secretary Rakesh Mehta besides other Industries department officials, private developers like DLF Commercial Developers Ltd and Consolidate Finvest and Holdings Ltd expressed their inability to invest in the project.
The Board of approval in the commerce ministry took these decisions along with approving two fresh proposals of Shyam Steel Industries and Limitless Properties in West Bengal and Tamil Nadu, respectively. The BoA also ratified extension of time to 23 developers, including Satyam Computer Services, for implementing tax-free enclaves in the wake of economic slowdown.
JM Financial Asset Management (Gurgaon) requires two summer trainees for the managing and empanelment of Distributors.
All the sectoral indices, led by oil and gas, metals realty and banking, were trading in the negative zone.
Sources now believe that the next few months can see more companies raising money through qualified institutional placements and private equity. The success of the Unitech and DLF block deals have encouraged other companies to jump onto the bandwagon.
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