Sunil Mittal ambitious foray in real estate
Sunil Bharti Mittal, the poster boy of Indian telecom, has ambitious plans in the Indian real estate.
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Indian property firms woo NRIs in Doha
Real estate developers have called upon potential buyers in Doha to take advantage of recessionary trends in the global economy and make investments in the real estate sector of growing economies like India.
Sahara Prime City launches residential complex at Kochi
Sahara Prime City, the real estate company of Sahara India, has launched Phase II of its Sahara Grace brand of residential complex at Kochi.
Court restrains DLF on GSK plea
The Punjab and Haryana High Court has restrained DLF from selling or creating third-party rights in one of its towers located in DLF’s Horizon Centre, earlier known as City Centre, in Gurgaon.
What drives realty market—commercial or residential?
The Indian real estate market has matured to the extent that it is seen as the best investment instrument, leaving behind gold and other traditional investment options.
Experts question CCI definition of service and market dominance
The Competition Commission of India (CCI) penalty of Rs.630 crore on DLF has raked up the old debate in the sector as to whether the business falls under the service sector.
DLF sells 28-acre plot to M3M India for Rs 440 crore to cut debt
DLF has sold a 28-acre plot in Gurgaon to M3M India for Rs.440 crore, in the first among many such big-ticket sales it has lined up this fiscal to bring down mounting debt.
Mövenpick opens first hotel in India
As a part of their expansion drive in Asia, Zurich-based upscale hotel chain Mövenpick Hotels & Resorts has forayed into India by setting up its first property in Bangalore and also plans to open 12 additional properties over the next 5 years.
DLF to challenge CCI order in Competition Appellate Tribunal
DLF is planning to move the Competition Appellate Tribunal by early next week, to appeal against the Competition Commission of India’s (CCI) order imposing Rs.630-crore penalty on the firm.
Hero Group enters hospitality business
The Hero Group of automobile makers on Monday, September 5, announced its foray into the hospitality sector.