RBI forces SBI to withdraw teaser home loans
The State Bank of India has finally put an end to its most innovative and wildly successful home loan scheme from May due to concerns raised by and under pressure from the Reserve Bank of India.
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MCHI’s 18th PROPERTY 2011 Exhibition winds up
Maharashtra Chamber of Housing Industry (MCHI), showcased properties from renowned builders across the Mumbai Metropolitan Region (MMR) and select Indian cities at PROPERTY 2011.
Dubious real estate deals under I-T scanner
The Income-Tax department is planning to look into all suspected real estate deals to check involvement of black money component and tax evasion.
ED unearths realtor Hasan Ali’s foreign accounts
The Enforcement Directorate (ED) has unearthed 15 foreign bank accounts with direct links to realtor Hasan Ali Khan and his accomplice, Kolkata based businessman Kashinath Tapuriah.
DLF strikes deal with Spanish brand Mango
DLF is ramping up presence in the fashion retail industry after striking a licensing deal with Spanish brand Mango.
DB Realty’s Srinagar deal cancelled
Civil Aviation Minister Vyalar Ravi has cancelled the lease contract of Srinagar’s Centaur Hotel which was allotted to DB Realty, the company of Shahid Balwa.
W Hotels to open first India property in 2015
Starwood Hotels & Resorts has announced plans to open W Mumbai in 2015, marking the debut of W Hotels Worldwide in India.
SEBI moves apex court on Sahara
The Securities and Exchange Board of India (SEBI) has filed a caveat in the Supreme Court claiming that any petition on its ongoing case against two Sahara group entities cannot be decided without its knowledge.
Unitech’s Chandra brothers distancing strategically
With the Central Bureau of Investigation (CBI) charging Unitech Managing Director Sanjay Chandra as a key accused in the 2G spectrum scam and his brother Ajay Chandra appearing as a CBI testimony, it is generally believed that the two Chandra brothers are falling apart.
Wyndham Hotel Group officially opens Ramada Gurgaon Central
Greenland Hospitality the real estate company of National Capital Region (NCR) has announced the official launch of their first hotel in the NCR, Gurgaon.