The ED made this claim while seeking the 62-year-old Nationalist Congres Party leader's custody for interrogation in the money laundering probe linked to the activities of Ibrahim and his aides.
Officials said Deshmukh, 71, was arrested under the provisions of the Prevention of Money Laundering Act.
High networth individuals selling stocks to buy real estate is among the key risks for the Indian markets.
It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point
GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer
With Sebi clearing the final guidelines for creation of Real Estate Investment Trusts (REITs), assets worth around $12 billion are likely to be listed in the next 2-3 years.
'I suggest a cut in the GST rates and an infusion of Rs 1.2 trillion into the economy in six months.'
Armed with court order, a consortium of lenders led by SBI can now sell certain real estate properties and securities belonging to fugitive Vijay Mallya to recover loans turned bad with failure of Kingfisher Airlines. A consortium of 11 banks that gave Mallya loans, led by State Bank of India (SBI), had approached a special Prevention of Money Laundering Act (PMLA) court seeking restoration of his properties seized by the Enforcement Directorate. The special PMLA court in Mumbai on Tuesday allowed the restoration of properties worth Rs 5,646.54 crore to banks.
The Insolvencies and Companies Court of London high court on Monday declared fugitive business baron Vijay Mallya a bankrupt person as per UK laws. Legal experts explain what this means for 65-year old Mallya's personal liberties, his legal battle against extradition to India to face trial, and for the consortium of Indian lenders - at whose behest the bankruptcy proceedings were initiated in the UK courts.
Sushant Singh Rajput's sister Shweta Singh Kirti posted a cryptic quote on her social media platforms saying people should think about the consequences before messing up with someone.
The maximum inventories are in 1 and 2 BHK configurations totaling 587,500 units.
The Kanakia group, from which Mapletree did the purchase, had bought the plot from India Tube Mills and Metal Industries for Rs 363 crore in 2018.
The return of private investment now struggles with lack of funds and election-driven uncertainty.
It was a replay of the annual general meetings of the cable companies of the M P Birla group last month even as the Birla side raised "illegalities" in the latest poll results.
He is the man behind Blackstone's India strategy
The development comes at a time when Eveready is on the lookout for strategic investors, including a possible stake sale in its battery business.
Deepika Padukone embodies to perfection the Gehraiyaan in the title, applauds Sukanya Verma.
The e-commerce sector's usage of commercial spaces was about 4.2 million square feet of the total of 17.5 million sq ft consumed in the first half of 2015.
'For HNIs, shifting economic activities outside India by creating regional hubs for businesses is a better option.'
Audi's strategy seems to point to pushing technology to directly connect with consumers using digital platforms and marketing to synchromesh into one seamless experience, says Pavan Lall.
The fund is to invest in income generating assets such as malls, office complexes among others.
The bench also made it clear that only the court-appointed forensic auditors -- Ravi Bhatia and Pawan Kumar Aggarwal -- and persons authorised by them would enter these premises after they were sealed.
While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers
Falling sales since demonetisation has alarmed CEOs, who want to save cash till the economy recovers.
India's GDP estimates for 2020-21 show that the economy is expected to perform much better than earlier projections by different agencies, indicating a sustained V-shape post-lockdown recovery, experts said. The first Advance Estimates (AE) by the National Statistics Office (NSO) has projected a contraction of 7.7 per cent in the real GDP during 2020-21. This was better than the projections by certain international agencies like the IMF and World Bank.
Smart homes that do your everyday tasks are now coming on the Indian market. Several real estate firms are making this reality as they venture into constructing automated homes.
In the 2017 budget, the government accorded infrastructure status for affordable projects to help such projects raise loans at lower rates
Raghavendra Kamath reports on what ails India's real estate sector.
Online play is a priority now -- so far unthinkable in a business that's all about a meaningful interface with kirana stores.
The central probe agency that began action against the banker by raiding his upscale residence in south Mumbai on Friday is primarily investigating Kapoor, his wife and three daughters over a Rs 600 crore fund received by a firm allegedly "controlled" by them from an entity linked to the scam-hit Dewan Housing Finance Limited.
Prices in Bengaluru, the National Capital Region, Hyderabad and Ahmedabad, however, witnessed an uptick during the period.
Asked about the reason behind the appointments, Sinha said they will help meet the goal to develop NMML into a centre of research as envisioned by the present government.
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
'Today, there is no easy money to be made after the run-up in equities.'
The court rejected Chakraborty's bail application. The NCB told the court that she was an 'active member' of a drugs syndicate and procured drugs for Rajput, her boyfriend.
Industry players estimate the average payouts to be in the range of 50-75 per cent of the bankers' annual salaries. For the top performers, the bonuses could be 100-125 per cent.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
The attached assets include 15 commercial and residential properties belonging to the 'family members' of Mirchi. They include a hotel called Midwest Hotel Apartment, the ED said. They are valued at Rs 203.27 crore and have been provisionally attached under the Prevention of Money Laundering Act (PMLA), the central probe agency said in a statement.
''Chadwick Boseman didn't get sympathy votes because he is dead.' 'He would have won even if he were alive.' 'What a contrast to our nation where you are instantly anointed to greatness if you are dead and your abysmally mediocre posthumous film gets designated as a classic,' sighs Subhash K Jha.
The rival promoter group and the entire block of public institutions voted against Basant Jhawar.
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