'Reits are suitable for investors seeking regular income and real estate exposure without managing physical properties, especially NRIs and retirees.'
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The bench, headed by Justice Patil, however, allowed a significant leeway for the developers in the judgment by permitting the state-level RERA Authority and the Appellate Tribunal to consider delays on a case-to-case basis, and not to cancel such projects or developers' registration in cases where the delay was caused due to "exceptional and compelling circumstances."
Broader gains were capped as investors awaited corporate results from major firms
If Prime Minister Narendra Modi fails to live up to the expectations that he has raised, it will be entirely his fault. He should have started by ending the IAS
Jahnavi Patel/ Rediff.com chats with Mowgli when he comes to Mumbai.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
The industry's reactions to the Budget have been mixed.
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