Unitech Ltd is expanding its retail development business and plans to invest around Rs.2,000 crore over the next three years to develop about 2 million sq. ft of premium and luxury shopping malls.
Standard & Poor’s Rating Services on Monday, July 4, said the surge in real estate prices in some pockets in India could emerge as a credit risk for banks.
The proposed Real Estate Regulation Bill may be delayed.
Sahara Group has moved the Supreme Court against capital market regulator SEBI’s order asking it to return money collected from investors through a scheme along with 15 per cent interest.
Sahara India Group has criticized market regulator SEBI’s move to make its order public when the matter is pending before the Supreme Court.
India’s capital market regulator SEBI on Thursday directed two Sahara group firms to immediately refund the money collected through sales of optionally fully convertible debentures with annual interest of 15%.
Isn’t it ironical that real estate developers are getting into the role of the government in providing housing & infrastructure and still getting the flak?
The Indian Property Show opened at Dubai World Trade Center, Hall No.4.
The Reserve Bank’s decision to raise key policy rates by 25 basis points today is likely to have a negative impact on the real estate sector.
Housing Development and Infrastructure Ltd has started resettling people living in the slums bordering the Mumbai airport, clearing the way for Mumbai International Airport Ltd to develop the area.