US-based 3 Palm Hotels and Resorts to open hotels in India
US-based 3 Palms Hotels and Resorts is set to enter India, with its first two hotels slated to open in August.
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Property prices to remain stable in Mumbai: MCHI
Real estate prices in the metropolis, one of the most expensive realty markets in the country, are expected to remain stable in the near future, a top industry official said today.
SEBI issues public notice alerting against Sahara Group
Capital markets regulator Securities and Exchange Board of India (SEBI) on Friday issued a public notice alerting investors about a ban on money mobilization by two Sahara group firms.
Hacker Kuchen to enter in MoU with DB Reality
Germany-based home and kitchen modular furniture maker Hacker Kuchen GmbH is all set to enter into a MoU with DB Reality for supplying 900 kitchen modulars for various projects the real estate major is taking up in Mumbai.
CREDAI to train unskilled labourers in 10 cities
As part of its social obligations, CREDAI (Confederation of Real Estate Developers’ Association of India) is planning to train unskilled labourers from 10 select cities in the country, with the assistance of National Skilled Development Corporation (NSDC).
Gujarat realtors withdraw stir as Govt cuts jantri by 50 per cent
Real estate developers across Gujarat have withdrawn stir as the government decided to give a 50% relief on increased jantri rates.
Realtors, Congress claim credit for jantri rollback
The rollback on jantri rates has been welcomed by land developers and builders as well as the Opposition Congress, which claimed the government had given in to public sentiment.
Jaypee to foray into dairy business, invest Rs.100 crore
After making a mark in almost all areas it has touched so far, diversified conglomerate Jaypee Group has now set its eyes on the dairy sector, where the growing demand-supply gap is only set to widen further.
Sahara defy SEBI ban
Sahara Housing Investment Corp. Ltd and Sahara India Real Estate Corp. Ltd, two firms that are part of the diversified Sahara India Pariwar group, continue to raise money from the public, defying a ban on such activity by capital market regulator Securities and Exchange Board of India (SEBI).
Siemens in talks with Nitesh, Hiranandani for land sell
Siemens is now in talks with developers Hiranandani Upscale and Nitesh Estates after its proposed sale of an eight-acre factory land in Bangalore to RMZ Corp missed deadline, said sources close to the development.