GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer
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
'We are losing the battle of secularism, but we have not lost.'
The central agency arrested his personal secretary Sanjeev Palande and personal assistant Kundan Shinde late Friday night after it had carried out raids against them and Deshmukh in Mumbai and Nagpur.
'I suggest a cut in the GST rates and an infusion of Rs 1.2 trillion into the economy in six months.'
83% of the CEOS plan to hire more in the new year.
India's stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. From March 2022, on the last Friday (or the immediate next trading day) of every month, the next 500 stocks from the bottom will be subject to T+1 settlement. The phase-wise implementation is expected to give all market participants, including foreign portfolio investors (FPIs), ample time to shift to the shorter cycle. The settlement cycle represents the time period within which the stock exchanges have to settle security transactions.
The maximum inventories are in 1 and 2 BHK configurations totaling 587,500 units.
NCP chief Sharad Pawar said that Malik is being troubled because he spoke against the Union government and 'misuse' of central probe agencies.
Officials said Deshmukh, 71, was arrested under the provisions of the Prevention of Money Laundering Act.
He is the man behind Blackstone's India strategy
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.
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 return of private investment now struggles with lack of funds and election-driven uncertainty.
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.
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.
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.
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 development comes at a time when Eveready is on the lookout for strategic investors, including a possible stake sale in its battery business.
The fund is to invest in income generating assets such as malls, office complexes among others.
Falling sales since demonetisation has alarmed CEOs, who want to save cash till the economy recovers.
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.
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.
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
'For HNIs, shifting economic activities outside India by creating regional hubs for businesses is a better option.'
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
Deepika Padukone embodies to perfection the Gehraiyaan in the title, applauds Sukanya Verma.
Raghavendra Kamath reports on what ails India's real estate sector.
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.
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.
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.
'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.'
Prices in Bengaluru, the National Capital Region, Hyderabad and Ahmedabad, however, witnessed an uptick during the period.
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.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
Online play is a priority now -- so far unthinkable in a business that's all about a meaningful interface with kirana stores.
They sought further cut in interest rates as well as reforms.
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.
The rival promoter group and the entire block of public institutions voted against Basant Jhawar.
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