Raids by income tax sleuths on the offices of realty firm M3M recently yielded Rs.314 crore unaccounted income.
Unitech will set up Great India Place (GIP) in Kochi, Kerala. The project consists of a hotel, shopping mall and office complex.
Century Real Estate has launched a residential project Century SyndHomes, apartments exclusively for the employees of Syndicate Bank.
DLF is selling a 13-acre plot in Gurgaon, Haryana, as part of its plan to ease its debt burden through asset sales.
Real estate giant DLF may have to pay Rs.900 crore extra penalty if the Competition Commission of India (CCI) finds it guilty of abusing its dominant market position in three more projects in Gurgaon.
The country’s competition regulator is planning to initiate an investigation next week to find whether the practices for which it fined DLF Rs.630 crore on Tuesday are the norm at other real estate companies too.
The order of Competition Commission of India (CCI) has raised question marks on the role of the Haryana Urban Development Authority (HUDA) and Town and Country Planning Department (DTCP).
The Competition Commission of India (CCI) has slapped a 630-crore fine on DLF, threatening to turn an isolated dispute between flat buyers and India’s largest builder into a full-blown headache for the industry.
The imposition of heavy penalty by Competition Commission of India (CCI) on real estate major DLF in Belaire complex case for breaching the norms regarding fair pricing is likely to have serious ramifications on the real estate industry in the city.
Jones Lang LaSalle has launched a separate office in Andheri, Mumbai’s burgeoning commercial district.