Gujarat property exhibition eyes Rs1000 crore business
Gujarat Institute of Housing and Estate Developers (GIHED) is expecting Rs.1,000 crore business during its two-day property exhibition at Goregaon starting on Saturday, September 10.
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EMGEE Group signs Anil and Sonam Kapoor as their brand ambassadors
EMGEE Group has signed the celebrity father-daughter duo Anil and Sonam Kapoor as their brand ambassadors.
NHAI for realty development to attract expressway bids
While the land acquired by the Uttar Pradesh Government along the Expressway has snowballed into a political slug fest, the National Highways Authority of India (NHAI) still believes that is the way to go.
SAT says listing must for issues with 50 or more investors
The Securities Appellate Tribunal (SAT) on Thursday, September 8, said if a company decides to raise money from 50 or more people, it must list the securities on a stock exchange to protect investors’ interests.
Ending India’s apartheid towards its underprivileged landowners
We recently saw an unprecedented turn in India’s history, when public opinion and passive resistance led by a small group of ‘civil society’ representatives persuaded a reluctant Government to proceed towards an anti-corruption legislation.
McKinsey recommends REIS & GSS savings in gold and realty
Global consultancy firm McKinsey has recommended moving Indian household savings in physical assets like gold and real estate to financial assets to increase the flow of financial savings to domestic equity markets.
SAT asks Sahara to file an affidavit on capital collection
The Securities Appellate Tribunal (SAT) on Wednesday, September 7, asked Sahara to file an affidavit explaining the method by which entities of the group had raised thousands of crores of rupees from investors through convertible instruments.
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.
Cabinet clears historic land bill, in Parliament today
The landmark Land Acquisition, Rehabilitation and Resettlement Bill that seeks to lay down norms for increased compensation to land owners, is all set to be tabled in Parliament today.
Investor plea to join SEBI-Sahara dispute rejected
The SAT on Tuesday, September 6, rejected an application by an investor of Sahara Housing Investment Corp to become a party in the ongoing dispute between the Sahara group companies and the market regulator SEBI.