DLF challenges CCI order; tribunal to hear appeal next month
Realty major DLF has filed a petition with the COMPAT against the August 16 order of the CCI that imposed a fine of Rs.630 crore on the company for “abuse of dominant market position”.
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Unitech to drag Telenor to Company Law Board
The Unitech Group plans to drag global communications major Telenor to the Company Law Board citing ‘gross mismanagement’ of their joint venture mobile phone operations by the Norwegian telco.
India leads in building efficiency in 3rd annual Johnson Controls survey
The third annual global Energy Efficiency Indicator (EEI) shows that building owners and operators throughout India continue to place higher importance on energy management in comparison to their peers in other major countries.
Real estate FDI worries looming large
The level of FDI in the real estate sector is unlikely to show a quantum jump this year, courtesy a slow GDP growth rate, high debt levels of the real estate developers, labour shortage and economic crisis in the US and Europe.
SEBI pleas more time with SC in Sahara case
The Securities and Exchange Board of India (SEBI) has filed an application before the Supreme Court seeking an extension of deadline in the Sahara case.
NHB to decide on pre-payment waiver soon
The National Housing Bank (NHB), regulator in the realty finance sector, is expected to take a decision soon on whether or not there will be a complete waiver of all pre-payment charges on floating-rate home loans.
Developers determined to make festive spirit count
Less launches, pragmatic marketing, innovative packages, product bundling and online brand promotion, the real estate developers in Mumbai are leaving no stone unturned to beat the inflationary pressure.
Pune real estate defies slowdown apprehensions
While many of the Indian cities are reeling under the apprehension of slowdown with sales nosediving, Pune real estate has defied any such apprehensions.
DTZ research finds global real estate investment drop
DTZ Research estimates that US$316bn of capital will be available to invest in global real estate in 2012, a 4 per cent decrease on its previous estimate at the end of 2010.
Malabar Builders plans Rs 500-cr township in M’lore
Malabar Builders, the real estate development arm of jewelery retail chain Malabar Gold, is planning to launch its first township project in Mangalore with an investment of Rs.500 crore.