SEBI refuses Emaar MGF IPO
Real estate developer Emaar MGF Land’s third attempt to raise Rs 1,600 crore through an initial share sale offer has hit a regulatory hurdle.
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Kamal Nath promises less clearance hurdle for realtors
Union minister for urban development Kamal Nath on Thursday said the number of approvals a developer has to get will have to be cut down for faster and more efficient property development in the country.
Minister admits government missed real estate growth opportunities
Urban Development Minister Kamal Nath admitted today that “the government has not responded to the tremendous growth in the real estate sector in the last one decade appropriately”.
Fortis to raise funds via Singapore REIT listing
Fortis Healthcare (India) Ltd. plans to raise as much as $500 million by hiving off some of its properties into a real-estate investment trust, or REIT, and listing it in Singapore.
Indian developers to showcase projects in Doha property show
A two-day exhibition featuring 45 property developers from major cities of India is being held at Regency Halls on Friday and Saturday.
Lisa Home Solutions plans franchise expansion
Lisa Home Solutions, a Pune based property management solution provider is looking for expansion. The brand has facilitated the expertise of Francorp for its strategic expansion.
JLL update on Delhi real estate
The period ending 1Q11 witnessed moderate activity in the office market in the city. With CBD vacancy rates continuing to hover at around 1%, office transactions were limited to either small office queries or larger office spaces that were inevitably a churn in the existing stock.
Chhattisgarh realtors agree to Code of Conduct
Real estate developers in Chhattisgarh are among the first to have agreed to follow code of conduct to ensure transparency in the dealings of the sector.
CREDAI Orissa sets up grievance cell to restore trust
The Orissa chapter of the Confederation of Real Estate Developers Association of India (CREDAI) aims to put an end to real estate cheating cases.
Focus on affordable housing at CREDAI Bangalore exhibition
The annual CREDAI Realty Expo organized by CREDAI kicked off on Saturday with hundreds of prospective property buyers thronging the exhibition at Palace Grounds.