Ascott opening its doors to India
Singapore-based Ascott Group, which operates serviced residences across the world, is finally opening its doors to India.
Singapore-based Ascott Group, which operates serviced residences across the world, is finally opening its doors to India.
Private equity investment in India’s real estate sector declined by around 20.2% to $831 million (about Rs.3,740 crore) in the first five months this fiscal due to sluggish demand.
Jaiprakash Associates (JPA), the Jaypee Group flagship, is on the look out for a strategic partner for its cement business, the third largest in the country.
Regus, the provider of workplace solutions, has announced opening of a new business centre in Hyderabad.
The world’s largest casino entertainment company, Caesars Entertainment Corporation is in talks with leading Indian developers and hospitality players to expand its presence in the country.
Real estate giant DLF may have to pay Rs.900 crore extra penalty if the Competition Commission of India (CCI) finds it guilty of abusing its dominant market position in three more projects in Gurgaon.
Spencer’s has initiated stake sale talks with a foreign retailer on hopes that foreign direct investment will be opened up in multi-brand retail.
The government plans to enact the Benami Transactions (Prohibition) Bill, 2011, to replace the existing Benami Transactions (Prohibition) Act, 1988.
Developer of a golf-themed integrated township is luring Muscat-based Non-Resident Indians (NRIs) for selling its villas and ultra-luxury plug-and-play plots in Coimbatore.
Isn’t it ironical that real estate developers are getting into the role of the government in providing housing & infrastructure and still getting the flak?