SEBI issues public notice alerting against Sahara Group
Capital markets regulator Securities and Exchange Board of India (SEBI) on Friday issued a public notice alerting investors about a ban on money mobilization by two Sahara group firms.
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Siemens in talks with Nitesh, Hiranandani for land sell
Siemens is now in talks with developers Hiranandani Upscale and Nitesh Estates after its proposed sale of an eight-acre factory land in Bangalore to RMZ Corp missed deadline, said sources close to the development.
IT raids Century Group
Income-Tax officials raided the offices and residences of real estate czar, Century Group owned by P Dayanand Pai and Satish Pai, and Manipal University managed by the Pais.
Parsvnath plans to raise Rs 200 cr from PEs
Parsvnath Developers is looking to raise up to Rs.200 crore by selling stakes in two group housing projects to private equity firms.
Supertech bags Building Industry Leadership Awards 2011
Supertech Ltd has bagged three awards at Building Industry Leadership Awards 2011. The company was honored with North India’s 1st tallest residential developer, lifetime achievement and young entrepreneur awards.
CBDs losing sheen to PBDs
Central Business Districts (CBDs) are supposed to be the lifeline of the city and a mirror of the economic activity and real estate market trend.
Indian investors flocking to Dubai property market
A growing number of investors from India are showing interest in Dubai as they look to capitalize on 60 per cent savings per square foot in the Dubai property market, a Dubai-based real estate company has said.
CREDAI to make code of conduct mandatory for members
The Confederation of Real Estate Developers’ Association of India, the apex body of private real estate developers, said Wednesday that it would make the code of conduct mandatory for all its members.
MCHI announces Property 2011
Maharashtra Chamber of Housing Industry has announced ‘Property 2011’ their 18th Real Estate and Housing Finance Exhibition to be held to be held in Mumbai from April 14-17, 2011.
Credit reliability and credibility to affect Unitech upcoming projects
Realty firms are making a beeline to private equity investors for money to repay mounting debt portfolios. With commercial banks turning cautious about lending to the real estate sector, industry players strapped for cash are seeking equity capital to ease the liquidity crunch.