Hyatt Hotels Corporation, one of the world’s biggest hotel chains, is not worried with the DB Realty’s scam. The Chicago-headquartered group is going ahead with plans of opening five hotels with the Mumbai-based DB Group.
DB Realty, the tainted Mumbai-based real estate developer whose name figured in the 2G spectrum investigations, has lost its fourth director since February.
Global financial meltdown and the NRIs fear psychosis with the collapse of financial institutions seems to have by default been the catalyst to the realty boom in Punjab.
SFS Homes, a noted builder from the south Indian state of Kerala, is in Qatar to promote its latest projects at Thiruvananthapuram, Kochi, and Guruvayoor.
The finance ministry has asked the central bank to bar real estate firms from seeking banking licences and alter conditions relating to financial inclusion and stake dilution by promoters.
The Enforcement Directorate (ED) today, March 23, carried out searches at the Pune residence of Sunil Shinde, the chartered account of realtor and stud farm owner Hasan Ali Khan, who is facing charges of money laundering and tax evasion.
Real estate developers have expressed their reservations to the proposed Real Estate Bill 2011, which is likely to see light by this year-end.
Telangana Rashtra Samithi (TRS) President K Chandrasekhar Rao on Sunday sought to dispel apprehensions that the real estate prices will crash in and around Hyderabad after Telangana state is created.
The impending closure of the financial year has the listed real estate developers scurrying to make final repayments or get debt refinanced.
Four years after Singapore-based Ascott Ltd, a serviced residence operator, entered India, it has decided to part ways with its local partner in a bid to speed up expansion plans and have more control over its proposed projects.