Challenging SEBI norms PACL realty cheating investors
After Sahara Group firms, another real estate company PACL seems to have violated SEBI regulations.
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ASK Investment raises Rs.500 crore for realty fund
ASK Property Investment Advisors, part of the financial services group ASK Group, has made a first close of its second real estate fund at Rs.520 crore.
Kamal Nath bats for no house without parking
With Indian cities gasping for parking space to keep pace with the soaring car population, Urban Development minister Kamal Nath wants to ensure that all new urban construction activity is accompanied with adequate parking facilities for vehicles.
Supertech to expand geographical presence before IPO
Supertech Limited plans to expand its geographical presence before filing DRHP with market regulator SEBI for its IPO in around a year’s time.
Paramount Group to come up with IT Park in NCR
Paramount Group is coming up with IT Park in the NCR. The project spread over 25 acres has been allotted by Greater Noida Authority at Knowledge Park 6.
US-based 3 Palm Hotels and Resorts to open hotels in India
US-based 3 Palms Hotels and Resorts is set to enter India, with its first two hotels slated to open in August.
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.
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.
Shopping malls are hang outs, but Indians avoid mall shopping
As many as seven out of 10 Indians with disposal income, a whopping 72 per cent, go to shopping malls at least twice a month but don’t buy the monthly food & grocery, apparels or consumer durables over there.
Home buyers reject correction theory in 2011
Don’t wait for the right time to buy a house expecting a price correction, say seven out of ten home buyers who are on house hunting. Contrary to the price correction reports, the property search of prospective buyers and sellers across the country have convinced them that cheaper house in 2011 are a fancy and wishful thinking. At least those who have done their home work on property search are pretty sure about it.