he hike in service tax rate from 12.5 per cent to 14 per cent will increase the costs of buying
Real estate biggies unhappy with status quo on RBI rate cut.
Sebi also ordered freezing the voting rights and corporate benefits of promoters of these companies.
The BSE Realty Index is on a downhill journey.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
The real estate industry today hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.
DLF says it has started the process of giving possession of housing units at New Town Heights project according to its commitment
Summing up the year gone by, Sebi Chairman U K Sinha told PTI that the regulator was also able to provide clarity and a direction to the market in areas like corporate governance and investor protection during 2013.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
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