Andhra Pradesh Realtors Association to host 3rd NAR – India Convention 2011
The 3rd NAR–India Convention 2011 is being hosted by Andhra Pradesh Realtors Association (APRA) in Hyderabad.
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SC asks Sahara to approach SAT against SEBI’s order on OFCD
The Supreme Court on Friday, July 15, directed Sahara Group firm Sahara India Real Estate Corp to approach the Securities Appellate Tribunal against market regulator SEBI’s order directing the return of money collected from investors.
Lion Global turns bullish on India, unfazed by attacks
Singapore’s Lion Global Investors, which manages about S$29 billion ($24 billion), said on Thursday, July 15, it was turning bullish on Indian stocks and Wednesday’s bomb attacks in the country’s financial capital would not change its view.
Buyers allege project delayed, realtors say not denied
Delay in real estate projects is something that invites disapproval and criticism in the collective consciousness.
Supreme Court order leads to standstill in home sales at Noida Ext
Sale of housing units have virtually come to a halt in Noida Extension following a Supreme Court order quashing land acquisition from farmers by the state authorities in some parts of the area.
Trinity Capital sells stake in Kapstone for £12.6 mn
UK-based real estate fund Trinity Capital Plc sold its stake in Kapstone Constructions Pvt. Ltd, a subsidiary firm of Mumbai-based developer Keystone Realtors Pvt. Ltd.
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.
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.