News for 'Directorate of Estates'

'Whatever we do, we have to make an impact'

'Whatever we do, we have to make an impact'

Rediff.com26 Jun 2023

'Professors can teach even when they are 90 because they don't lose their skill with words. Go deeper and there's spirituality in it.'

'I look for stories that don't allow me to sleep'

'I look for stories that don't allow me to sleep'

Rediff.com8 Jun 2023

'It just so happens that some amazing, true-life stories come my way.'

Future looks bleak for India's real estate sector

Future looks bleak for India's real estate sector

Rediff.com20 Aug 2015

Given the current global cues, if the next six months do not turn out to be the way we would want it to, we are definitely looking at a very gloomy start to 2016.

Investing in real estate? These 5 cities offer the best returns!

Investing in real estate? These 5 cities offer the best returns!

Rediff.com1 Aug 2016

Prices in most areas have been stagnant but some regions are showing reasonable appreciation.

'Huge demand for life insurance products in India'

'Huge demand for life insurance products in India'

Rediff.com1 Jan 2024

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'

Want To Buy A Home? Read This Please!

Want To Buy A Home? Read This Please!

Rediff.com12 Jun 2023

Prospective buyers must make a well-considered decision regarding whether this is the right time to buy a house, particularly with home loan rates at near-peak levels, and the risk of job losses looming in many sectors.

Centre starts process of eviction, sale of enemy properties worth Rs 1 lakh cr

Centre starts process of eviction, sale of enemy properties worth Rs 1 lakh cr

Rediff.com19 Mar 2023

There are a total of 12,611 establishments called enemy property, roughly estimated to be worth over Rs 1 lakh crore, in the country.

Gulmohar Review: Home Is Where The Heart Is

Gulmohar Review: Home Is Where The Heart Is

Rediff.com3 Mar 2023

Delhi, daddy issues, drivers, domestic help, politics, patriarchy, sexuality, sexism, choices, compromises, community, religion, real estate, motherhood, marriage -- Gulmohar offers a loaded, layered understanding of familial relationships and its indirect impact on the people at the periphery, notes Sukanya Verma.

10% stake in HDFC Capital sold to ADIA for Rs 184 crore

10% stake in HDFC Capital sold to ADIA for Rs 184 crore

Rediff.com20 Apr 2022

Mortgage firm HDFC Ltd on Wednesday announced sale of a 10 per cent stake in its private equity arm HDFC Capital Advisors to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for about Rs 184 crore. ADIA is also the primary investor in the alternative investment funds managed by $3 billion-HDFC Capital. Set up in 2016, HDFC Capital is the investment manager to HDFC Capital Affordable Real Estate Funds 1, 2 and 3; and is aligned with the government's goal to increase housing supply and support the Pradhan MantriAwas Yojana - 'Housing for All' initiative, HDFC Ltd said in a statement.

'El Nino impact an immediate concern to markets'

'El Nino impact an immediate concern to markets'

Rediff.com4 Jul 2023

'Geopolitical risks and their impact on oil prices, if any, are another concern for global markets, particularly for India.'

Celebrating Astad Deboo!

Celebrating Astad Deboo!

Rediff.com13 Dec 2022

Two years ago this day, Astad Deboo, dancer extraordinaire, passed into the ages. A new exhibition Breaking Boundaries remembers the pioneer who redrew the margins of Indian dance.

In remand Nawab Malik to spend night in ED's Mumbai office

In remand Nawab Malik to spend night in ED's Mumbai office

Rediff.com23 Feb 2022

After a court in Mumbai remanded Maharashtra minister Nawab Malik into Enforcement Directorate custody following his arrest in a money-laundering probe on Wednesday, he was brought to the central agency's office in south Mumbai, where he will have to spend the night, an official said.

HDFC witnesses highest ever loan approval; crosses Rs 2 lakh cr in FY22

HDFC witnesses highest ever loan approval; crosses Rs 2 lakh cr in FY22

Rediff.com23 Mar 2022

Mortgage lender HDFC on Wednesday said it has approved the highest ever retail home loans of over Rs 2 lakh crore in 2021-22. The demand for these loans was from across the country, HDFC said in a statement. HDFC managing director Renu Sud Karnad said, "In over four and half decades, I have not seen a better time for the housing sector than now due to lower interest rates, stable property prices, government's thrust on affordable housing, improved affordability, favourable demographics, increasing urbanisation and rising aspirations." The residential real estate segment will continue to see strong traction going forward, as the demand for housing is not just pent up demand but is a structural one, she said.

ED arrests Sanjay Raut, seizes Rs 11.5 lakh in cash

ED arrests Sanjay Raut, seizes Rs 11.5 lakh in cash

Rediff.com1 Aug 2022

The Enforcement Directorate (ED) has arrested Shiv Sena MP Sanjay Raut in a money laundering case linked to alleged irregularities in the redevelopment of a Mumbai 'chawl', officials said.

Court orders release of Ansals in 1997 Uphaar fire case, victim cries 'injustice'

Court orders release of Ansals in 1997 Uphaar fire case, victim cries 'injustice'

Rediff.com19 Jul 2022

A Delhi court on Tuesday ordered the release of real estate tycoons Sushil and Gopal Ansal against the jail term already undergone by them in a case of tampering with evidence in the case related to the 1997 Uphaar cinema fire, which had claimed 59 lives.

Rate Hike: Realtors Feel The Pinch

Rate Hike: Realtors Feel The Pinch

Rediff.com4 Mar 2023

'The rising cost of construction, the cost of doing business, high compliance, and inflation/interest rates going up have already reduced returns to single digits.'

Why are investors, buyers shunning real estate?

Why are investors, buyers shunning real estate?

Rediff.com9 Jun 2015

In markets such as Mumbai, prices have gone beyond Rs 1.5 cr to Rs 2 cr which is beyond reach of most of the salaried class

Home prices set for steep 6-10% jump this fiscal

Home prices set for steep 6-10% jump this fiscal

Rediff.com15 Dec 2022

Home prices across the top six cities are set to jump 6-10 per cent this fiscal and 3-5 per cent in the next financial year because of a steep rise in raw material, labour and land costs, and relatively favourable demand-supply dynamics, a report said on Thursday. The report by Crisil also said large residential realtors are on course to log a robust 25 per cent sales growth in 2022-23 and 10-15 per cent in the next fiscal. The unsold inventory level is down to 2.5 years from four years pre-pandemic, and this has credit profile of the large realtors strengthening, the report said.

Satyam fine is a wake-up call for independent directors

Satyam fine is a wake-up call for independent directors

Rediff.com10 Dec 2014

Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.

How top realtors plan to transform Central Mumbai

How top realtors plan to transform Central Mumbai

Rediff.com22 Aug 2021

One of Mumbai's biggest real estate redevelopment projects of Bombay Development Directorate's (BDD's) chawls (large buildings divided into many separate tenements, offering cheap, basic accommodation) has taken off in Central Mumbai, opening up a Rs 20,000-crore opportunity for real estate companies. It is expected to drive down real estate prices in Central Mumbai by up to 25 per cent, forecast real estate experts. Spread over 92 acres in Central Mumbai's prime localities of Worli, Lower Parel, and Dadar and consisting 195 four-storey houses, the BDD chawls were constructed in the 1920s.

Zara Hatke Zara Bachke Review: Wah Vicky! Wah Sara!

Zara Hatke Zara Bachke Review: Wah Vicky! Wah Sara!

Rediff.com2 Jun 2023

Not so hatke after all, but no reason to stay bachke either, notes Sukanya Verma.

Rs 1 cr cash, Rs 600 cr crime proceeds detected from Lalu family: ED

Rs 1 cr cash, Rs 600 cr crime proceeds detected from Lalu family: ED

Rediff.com11 Mar 2023

The ED had launched raids on Friday at multiple locations linked to Prasad's family members including that of his son and Bihar Deputy Chief Minister Tejashwi Yadav in Delhi.

Planning To Buy A Plot? Read This

Planning To Buy A Plot? Read This

Rediff.com30 Jan 2023

Make sure that the person you are buying the plot from is the rightful owner.

Court grants bail to Iqbal Mirchi's aide, pulls up ED over trial delay

Court grants bail to Iqbal Mirchi's aide, pulls up ED over trial delay

Rediff.com13 May 2023

The Enforcement Directorate, probing the case, has claimed Yusuf had assisted Mirchi in buying properties in India using money earned through illegal activities.

It's pouring discounts in the real estate sector

It's pouring discounts in the real estate sector

Rediff.com20 Aug 2014

Discounts up to 15% expected this festive season; analysts expect October-December period to garner sales of at least 60K units across seven major cities.

'You should have a mix of equity, gold, fixed income'

'You should have a mix of equity, gold, fixed income'

Rediff.com10 Jul 2023

'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'

Sebi imposes Rs 2 cr fine on Saradha Realty, Sudipto Sen and 2 directors

Sebi imposes Rs 2 cr fine on Saradha Realty, Sudipto Sen and 2 directors

Rediff.com14 Oct 2016

Markets regulator Sebi on Friday imposed a fine of Rs 2 crore on Saradha Realty, its chief Sudipta Sen and two directors, Hemanta Pradhan and Monoj Kumar Nagel, for failing to comply with its earlier directions to wind up illicit money-pooling schemes and refund the investors.

What Went Wrong For Cyrus Mistry At Tatas

What Went Wrong For Cyrus Mistry At Tatas

Rediff.com16 Jun 2023

If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.

Air India Building's High-Flying Days Ends

Air India Building's High-Flying Days Ends

Rediff.com17 Apr 2023

India's first escalator, its shortest elevator, a terror attack, a rescue operation -- the building's seen a lot.

ED quizzes Tejashwi Yadav for around 9 hours in land-for-jobs case

ED quizzes Tejashwi Yadav for around 9 hours in land-for-jobs case

Rediff.com11 Apr 2023

The alleged scam pertains to the period when Lalu Prasad was the railway minister in the UPA-1 government at the Centre.

TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

Rediff.com18 May 2023

Corporate India continues to be generous in rewarding its shareholders with big dividend payouts. This is especially true for shareholders of companies such as Tata Consultancy Services (TCS), Hindustan Zinc (HZL), and Coal India (CIL) which are seen as cash cows of large business groups and the government. Boosted by a big payout by these three companies, the combined equity dividend payout by listed companies was up 38 per cent year-on-year (YoY) to a record high of Rs 2.27 trillion in 2022-23 (FY23), compared with Rs 1.65 trillion in 2021-22 (FY22).

Office real estate expected to make a comeback

Office real estate expected to make a comeback

Rediff.com14 Jul 2013

June quarter showed revival over previous one, says study; Mumbai-Pune and Bangalore lead the way

Housing prices may rise 5% during 2022

Housing prices may rise 5% during 2022

Rediff.com9 Dec 2021

Housing prices may rise 5 per cent next year on improved demand, according to Knight Frank India. In its '2022 Outlook Report', the property consultant said: "While 2021 was mostly impacted by the volatility due to the pandemic, 2022 may prove to be a more stable year for the sector both for commercial as well as the residential sector." On the housing segment, the report said that sales momentum is expected to continue in 2022 as prospective homebuyers' preferences for bigger homes, better amenities, and attractive pricing will keep them interested to seal the deals.

UP cops gun down gangster involved in 18 murder cases

UP cops gun down gangster involved in 18 murder cases

Rediff.com5 May 2023

According to the police, a Special Task Force team retaliated when the gangster, recently released from prison on bail, opened fire at them after being cornered. His car had crashed into a pole.

ED questions Nawab Malik in money laundering case

ED questions Nawab Malik in money laundering case

Rediff.com23 Feb 2022

The ED's move comes after registration of a new case and raids conducted by it on February 15 in Mumbai in connection with the operations of the underworld, linked alleged illegal property deals and hawala transactions.

ED quizzes Sanjay Raut's wife for more than 9 hrs in Patra chawl case

ED quizzes Sanjay Raut's wife for more than 9 hrs in Patra chawl case

Rediff.com6 Aug 2022

She will not leave the Shiv Sena and will continue to support Sena chief Uddhav Thackeray come what may, Varsha Raut said.

The Political Mindset On Jobs Needs Change

The Political Mindset On Jobs Needs Change

Rediff.com20 Jun 2023

The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.

Thank God Review: Boring!

Thank God Review: Boring!

Rediff.com25 Oct 2022

Thank God tries hard to be funny but its humour is dated and cliched, observes Namrata Thakker. Thank God Review.

After gold & equity, real estate will be the next asset class: Rajiv Bajaj

After gold & equity, real estate will be the next asset class: Rajiv Bajaj

Rediff.com24 Feb 2014

It would be fair to say that markets are coming to the end of a down-cycle and are at the cusp of the next up-cycle.

Imran May Be Jailed For A Long Time

Imran May Be Jailed For A Long Time

Rediff.com10 May 2023

His disqualification to participate in future elections may follow, notes Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.