China apprehensive of realty influence in system
China’s central government wants to weaken the industry’s vice-like grip on the political system as a means to avoid a Jasmine-type revolt.
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Realty most corruption-prone sector in India: KPMG
Real estate and construction has been voted as the most corrupt sector in India, according to a survey by global consultancy firm KPMG.
Investing in non-agricultural land
Buying land can be a time-consuming and expensive affair. Not only can the initial phase of buying it be quite complicated, but the cost involved in maintaining a purchased plot can also be quite high.
Robert Vadra enters realty business, ties up with DLF
Entrepreneur Robert Vadra, married into the country’s most powerful family, has made a quiet and relatively unheralded entry into the real estate business, including a partnership with DLF Ltd, the market leader in the business.
Has ED let realtor Hasan Ali slip?
It seems to be a box-office-hit bollywood potboiler where a billioner realtor is interrogated as many as 29 times over a period of four years, gets arrested on charges of money laundering. But in the end manages the investigation and a weak case is what makes him laugh away at the system.
China deflating realty bubble
Chinese officials are blaming the speculators for soaring property prices and have announced to build 36 million affordable homes over the next five years.
Ahmedabad’s second tallest building comes up at Maninagar
Ahmedabad Municipal Corporation has added another feather to its realty cap, with the 47-metre tall Maninagar Medical College, adjacent to LG hospital, the second tallest building of the city coming up at the cost of Rs.45 crore.
Emerging market growth to boost realty: Roubini
Surging growth in emerging markets such as China and India will boost demand for real estate, although uncertainties such as an oil shock could pose major risks, economist Nouriel Roubini said on Thursday.
Real Estate Bill being redrafted: Selja
Minister of Housing and Urban Poverty Alleviation Kumari Selja said in the Rajya Sabha the Real Estate (Regulation of Development) Bill is still being deliberated.
Realtor Hasan Ali sent to ED Custody
Pune-based real estate developer Hasan Ali Khan, who was arrested on late Monday night by the Enforcement Directorate, was remanded by the sessions court to ED’s custody on Tuesday. Khan was kept at JJ Hospital for most part of the day, as he complained of high blood pressure.