Track2Realty-Agencies: The Union Government will push the states to give bankable property rights to urban slum dwellers and is in the process of creating a legislation for the same, said the newly-appointed Minister of Housing and Urban Poverty Alleviation Ajay Maken.
Track2Realty-Agencies: The Union Cabinet on Thursday, Oct 25, once again deferred the Real Estate (regulation and development) Bill pending for approval since May last year.
Track2Realty-Agencies: Robert Vadra was on Friday, Oct 26, given a clean chit by the Haryana government in the controversial land deals involving him in the state after an official probe concluded that there was no “undervaluation” or loss of revenue to the government.
Track2Realty: After 17 long year with Knight Frank, Pranay Vakil has decided to retire. The Indian business has gone from strength to strength under his leadership, increasing employee numbers from an initial 10 to over 800 and opening 7 offices across the Country and with more planned.
Track2Realty-Agencies: Mumbai-based real estate firm Kamla Landmarc Construction is the new owner of the Hyderabad-based IPL team Deccan Chargers. The deal was finalised by Jitendra Jain-promoted Kamla Landmarc and T Venkattram Reddy’s Deccan Chronicle Holdings (DCHL) over the last few days. The size of the deal is yet to be confirmed.
Track2Realty-Agencies: Nearly five years after venturing into telecom and investing over Rs 600 crore, Unitech decided to part ways with Telenor, its Norwegian partner in the mobile venture, paying a nominal Rs 25 crore to settle its messy dispute.
Track2Realty: A home is the costliest purchase that an Indian makes. Hence selling a residential property is not an easy task since the Indian customer by nature is very discerning and price conscious.
Track2Realty-Agencies: Larsen & Toubro booked fresh orders worth Rs 15,800 crore in the second quarter of the current year, lower than the Rs 19,600 crore it booked in the previous quarter.
Track2Realty: Union Minister for Urban Development Kamal Nath has promised to enhance collaboration with UK to improve overall urban infrastructure. He was speaking on Monday, Oct 8, at RICS international conference-Cities 2030: Are we on track?
Track2Realty-Agencies: Two men, one of them a history-sheeter on Pune Rural Police records, sustained bullet injuries after four people opened fire at them in at Avdhut arcade office of Rajhans Real Estate, Patilbaugh in Wadgaon Budruk on Pune-Bangalore highway on Saturday, Oct 6.