Urban planners and real estate experts say bad town planning in Mumbai and rising deaths during the ongoing pandemic are a "sad reality". Dev Chatterjee and Raghavendra Kamath report.
"We are developing two projects in Chennai and Panvel near Mumbai which will have both residential and commercial properties. We are going to put in $4-5 billion over a period of 10 years in completing these projects."
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.
What does the National Educational Policy 2020 mean for students, parents and teachers?
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Experts said the builders will now factor in their losses arising from the removal of input tax credit when they pass on the benefits to end users while the latter may want the entire GST cut to be given to them.
Today, people are happily raising 80-85 per cent through home loans, and if they still don't have enough, the rest is raised through a personal loan.
Big Mumbai developers' inventory at Rs 53.4 crore.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
Raghavendra Kamath reports on what ails India's real estate sector.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
As ferry services increase and remote working becomes the norm, the rural beach town has turned into a sought-after refuge for city slickers from Mumbai and Pune.
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Nearly 40 developers participating in HDFC Indian Homes Fair in London would showcase thousands of property.
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
Offers 12.60% in revenue share to Cidco, while only other bidder GMR offered 10.44%.
New law could pose challenges of cost escalation, increased paperwork, fear developers.
Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes.
Schools adopt international curriculum, that requires increased number of non-classroom experiences.
DLF says it has started the process of giving possession of housing units at New Town Heights project according to its commitment
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
In insight into PNS Ghazi, the Pakistan Navy's prized submarine that now lies embedded in the Vizag seabed about 1.5 nautical miles from the breakwaters.
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