Buyers allege project delayed, realtors say not denied
Delay in real estate projects is something that invites disapproval and criticism in the collective consciousness.
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Mumbai real estate and terrorist attacks
The fact that Mumbai has once again been targeted by terrorists begs the question – what are the immediate and long-term implications of this continued focus by disruptive forces on the city?
DLF hires 3,000 advisors for insurance business; 500 for realty
DLF has reportedly added over 3,000 advisors in its insurance joint venture DLF Pramerica Life Insurance during last fiscal for the future growth of the business.
Indian Angel invests $1 mn in realty portal GrOffr
Angel investors, Indian Angel Network has invested $1 million in the Mumbai-based real estate portal GrOffr.com for a minority stake.
Cinemax enters in Pune
Cinemax, India’s largest multiplex chain launched its flagship property in Pune, the second largest city in Maharashtra.
Alexandria to invest Rs 500 cr on BT park
US-based real estate developer Alexandria’s Indian arm — Alexandria Real Estate Equities Inc is planning to invest around Rs.500 crore to develop a biotechnology park in Bangalore.
DLF hires Chairman’s grandson on board as trainee
A new next-generation member from its founding family has joined the country’s largest real estate group DLF, but Rahul Talwar, a grandson of chairman KP Singh, would begin his journey as a ‘trainee’.
Bank lending to realty won’t decline
Though the Reserve Bank of India has laid out strict due diligence standards for banks for sanctioning loans to the real estate sector, industry experts believe lending to the sector will not decline.
Mahagun promises full refund to Noida Extn buyers
Mahagun has promised full refund to the buyers who booked flats in its project at Noida Extension.
SBI says no to funding of realty projects in disputed areas
Noida extension seems to be taking its toll. India’s largest home loan provider State Bank of India (SBI) said on Friday, July 8, it will not finance real estate projects which are mired in disputes over acquisition of land.