Indians are the biggest property buyers in Dubai among foreign nationals, as per the figure released by the Dubai Land Department (DLD) for the first half of 2011.
Realty major DLF’s Chairman K P Singh, Mahindra group chief Anand Mahindra, and movie actors Amir Khan and Akshay Kumar were honoured at Asian Awards in London last night for the respective achievements.
Not far from Mukesh Ambani’s 27-storey tower, Antilia, may not be the tallest scyscaper in Mumbai as a competing skyscraper is making its way into Mumbai’s skyline.
It is not just the rising interest and input costs and project delays that is hurting the realty companies, rather the mounting debt is the real cause of worry.
The Andhra Pradesh Government will take all steps to ensure that Hyderabad’s real estate industry bounces back to normalcy soon, said Chief Minister N Kiran Kumar Reddy.
Valuation of immovable properties owned under general power of attorney (GPA) might fall by about 20 percent as the Supreme Court has declared the sale of properties through this deed illegal, industry experts said Friday.
Would you like to have the luxury of global landmark Al Burj of Dubai in India only?
The real estate sector has expressed guarded optimism on Supreme Court ruling that terms as “illegal” any sale of immoveable property through power of attorney (POA) unless the case is “genuine”.
The Securities and Exchange Board of India (SEBI) has questioned the Bombay Stock Exchange (BSE) the basis on which it gave a certificate to the Sahara group on the ‘listability’ of optionally fully-convertible debentures (OFCDs).
An oversupply of commercial office space in Mumbai and other metros could lead to a huge price correction in the country’s realty market.