Dunlop India Ltd (DIL), the Kolkata-based tyre manufacturing company has put its real estate assets on a block to raise money.
The Confederation of Real Estate Developers’ Association of India (CREDAI), Bengal has proposed 10 satellite townships to meet housing challenges caused due to rapid urbanization.
Real estate industry body CREDAI on Saturday, September 3, opposed constitution of a regulatory body for the real estate sector, saying that it would become a “breeding ground for corruption” if implemented.
The much-anticipated revision of India’s archaic land acquisition laws will be considered by the Cabinet next week.
The Securities and Exchange Board of India (SEBI) has moved to the Supreme Court for an early hearing in a seven-year case against realty player PACL India.
Bahujan Samaj Party chief Mayawati and Delhi’s Hotel Taj Palace are among over 6,800 individuals and institutions listed on the New Delhi Municipal Council’s website for default in payment of property tax.
Billionaire Sam Zell said he is entering the real estate markets in Colombia and India in the next two weeks as he continues to favor international investments over U.S. property deals.
When the land acquisition controversy in Noida Extension surfaced, there was a general feeling that proposed investment in the township will now move to Gurgaon.
Backed by the Competition Commission of India (CCI) penalty of Rs 630 crore on DLF, for “unfair trade practices” and “abuse of market dominance”, the Belaire Owners’ Association has suddenly become self-styled crusaders against developers.
Strongly opposing the Resettlement & Rehabilitation (R&R) burden on private builders, Pankaj Bajaj, President, CREDAI NCR has said that this will hurt the realty sector and urban development.