Oman invites Indian realty investment
Unveiling a plethora of major investment opportunities for non-resident Indians in the Sultanate, a two-day Investment Exhibition India 2011will take place on September 9 and 10 here.
Unveiling a plethora of major investment opportunities for non-resident Indians in the Sultanate, a two-day Investment Exhibition India 2011will take place on September 9 and 10 here.
The realty arm of Larsen & Toubro (L&T) plans to start the process of upgrading a railway station at Seawoods in Navi Mumbai over the next two months.
Eight realty stocks slipped 0.75% to 4.61% on Friday, August 26, at 14:43 IST on BSE on worries higher interest rates could dent demand for residential and commercial property.
Confederation of Real Estate Developers’ Association of India (CREDAI), Tamil Nadu has blamed the two state government agencies of holding up residential and commercial projects worth Rs.7,500 crore by delaying approvals.
Despite strong growth potential for real estate in Tamil Nadu, the price per square foot is set to rise in the next two three months as the industry is reeling under a crisis.
Chief Minister Tarun Gogoi has inaugurated the ‘Northeast Realty Expo 2011’ at the Maniram Dewan Trade Centre on Thursday, August 25.
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.
The country’s competition regulator is planning to initiate an investigation next week to find whether the practices for which it fined DLF Rs.630 crore on Tuesday are the norm at other real estate companies too.
The imposition of heavy penalty by Competition Commission of India (CCI) on real estate major DLF in Belaire complex case for breaching the norms regarding fair pricing is likely to have serious ramifications on the real estate industry in the city.
Unitech Ltd, India’s second largest real estate company, and DB Realty Ltd continued to struggle with sales in the June quarter amid rising interest rates and slowing demand—a seemingly unceasing plight they share with most of the sector.