The real estate developer may have deferred its IPO and realty may be in the dumps, but that hasn't stopped it from making acquisitions worth Rs 12,000 crore.
"I am always being targeted, happy to be targeted," he told reporters while entering Parliament House.
Even as lenders are getting ready to send more companies to bankruptcy courts from this week, several old cases are still awaiting resolution with no clarity on the completion of the process. This includes some high profile cases from the first list of 40 companies including Videocon Industries, Bhushan Power and Steel and Lavasa Corporation, sent by the Reserve Bank of India (RBI) for resolution. The delay is mainly due to litigation and late clarifications by various government agencies including the Reserve Bank of India and litigation by the Enforcement Directorate.
Budget expectations housing sector.
Seek easing of asset classification guidelines for better credit flow.
Hit by slackening demand amid economic slowdown and high interest rates, the real estate sector has asked for infrastructure status for the housing sector in the Budget for 2013-14, which would help it avail of tax benefits and easier flow of credit.
Aseem Chhabra feels Matru Ki Bijlee Ka Mandola starts off on a promising note but falters towards the end.
UB City is the biggest commercial property in Bengaluru.
Unitech, a New Delhi-based real estate developer, has said various bills related to land and real estate sector may impact the sector's growth if various stakeholders' interests are not taken care of.
Listed realty developers saddled with unsold properties worth Rs 1 trillion
Acute cash crunch and dwindling sales has forced developers in Ahmedabad to try innovative ways to lure buyers.
Here are a few takeaways from some successful women investors...
D B Realty's share price went up by nearly 10 per cent to close at Rs 125.20 on BSE.
Association points out that over 40 clearances from various agencies are required for real estate projects.
Banks and builders are offering lower rates and freebies, but there is also a case for price correction in the future. Wait, if you are not desperate.
Mumbai's realty sector will protest against an alleged decision deficit and policy paralysis in both the state and central governments besides various pertinent agencies.
Apartment buyers are often put in a tight spot by developers who demand more money after initial payments.
Chinese multi-millionaire has built a replica of the Paris landmark Chateau de Maisons-Laffitte in Beijing.
Slain businessman Ponty Chadha built from scratch a Rs 10,000 crore business and forged close ties with many
Despite aggressive marketing and offers made by real estate developers during the days before Diwali, investments in property have remained lukewarm due to high prices of houses in and around the National Capital Region (NCR), according to a survey by industry body Assocham.
Here's an analysis of India's richest people.
Navi Mumbai is emerging as the next big real estate location.
DLF extends fall on corporate governance issues, down 10% in two days DLF is trading lower by 2.2% at Rs 219, extending its previous day's over 7.4% after Arvind Kejriwal, a social activist-turned-politician has accused the real estate developer of favouring Robert Vadra, son-in-law of Congress chief and the UPA Chairperson Sonia Gandhi, with easy loans for some undue gains.
The Reserve Bank of India has brought about many new directives and guidelines in order to curb speculation in the property market as the sector stands poised for a revival post recession recovery.
Supertech is just one among the many real estate players returning to commercial projects.
The corporate headquarters, christened Britannia Gardens, sprawls over nearly seven acres on the Old Airport Road, leading on to Whitefield, one of the major technology hubs towards the east of Bengaluru.
Builders on Friday blamed the Noida and Greater Noida development authorities for the current crisis and warned of similar problems in future due to their faulty land acquisition process.
The problem for the NBFC sector is the funding inertia by banks and not lack of funds.
According to the Forbes the world's richest women (two women tied at 20th place) have a combined total net worth of $248.6 billion, or an average of $11.84 billion each. That's a slight jump up from last year's 20 richest, whose average net worth was $11.6 billion.
According to the Forbes the world's richest women (two women tied at 20th place) have a combined total net worth of $248.6 billion, or an average of $11.84 billion each. That's a slight jump up from last year's 20 richest, whose average net worth was $11.6 billion.
Loans and advances account for nearly a quarter of the assets of India's top realty firms.
There was no confirmation on whether or not BCCI will review its earlier decision to terminate the franchise.
As the government plans to take sector-specific steps to tackle the slump, Finance minister Nirmala Sitharaman will soon hold talks with representatives from various sectors to get and take steps so that the confidence of those sectors can be restored.
Inching closer to resolving the Punjab and Maharashtra Cooperative (PMC) Bank issue, the Reserve Bank on Monday came out with a draft scheme for takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB). The draft scheme of amalgamation envisages takeover of the assets and liabilities of PMC Bank, including deposits, by USFB, thus giving a greater degree of protection for the depositors, the RBI said. In September 2019, the RBI had superseded the board of PMC Bank and placed it under regulatory restrictions, including cap on withdrawals by its customers, after detection of certain financial irregularities, hiding and misreporting of loans given to real estate developer HDIL.
With the slump in real estate market and television ratings, DLF, the country's largest real estate developer, is unlikely to continue with the title sponsorship of the Indian Premier League, according to sources close to the development.
The Central Bureau of Investigation Monday filed a second charge sheet in the disproportionate assets case against Y S Jagan Mohan Reddy even as another accused in the case Vijay Sai Reddy surrendered before a special court in Hyderabad.
It's a race among real estate developers to complete a floor quicker than the rest. With timely delivery of projects turning into a selling point, innovative technology is being put to use by realtors like never before.
The phenomenon is a little difficult to explain. According to the Supreme Court's order, all telecom service licences given in 2008, during the A Raja regime, have to be cancelled by June 2. The licencees will have to return the spectrum they received to host telephony services.
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