Unitech to drag Telenor to Company Law Board
The Unitech Group plans to drag global communications major Telenor to the Company Law Board citing ‘gross mismanagement’ of their joint venture mobile phone operations by the Norwegian telco.
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Developers determined to make festive spirit count
Less launches, pragmatic marketing, innovative packages, product bundling and online brand promotion, the real estate developers in Mumbai are leaving no stone unturned to beat the inflationary pressure.
HDFC to raise $600 million for property fund
Housing Development Finance Corp, India’s largest mortgage lender, plans to raise its fourth property fund from overseas investors, said two people close to the development.
FDI jumps two-fold to $2.83 bn
India received foreign direct investment (FDI) worth $2.83 billion in August, an over two-fold jump compared to that in the same month last year, an official said on Monday.
Ascott opening its doors to India
Singapore-based Ascott Group, which operates serviced residences across the world, is finally opening its doors to India.
L&T to build India’s first pre-cast residential high rise
Diversified conglomerate Larsen and Toubro (L&T) is set to build India’s first residential high-rise building on a pre-cast basis, a move that may introduce a structural change in the real estate market.
Buzz in New Chandigarh as DLF starts development work in Hyde Park Estate
Punjab’s first planned eco city, christened New Chandigarh by the State Government, has started to buzz with the major real estate developers and housing societies.
Kerala Government to start training academy for construction workers
The Kerala Government is planning to start a ‘Kerala Construction Academy’ which will impart short-term training to unskilled workers in the construction industry.
Jones Lang LaSalle enters Sri Lanka market
Jones Lang LaSalle has announced plans to enter the real estate market in Sri Lanka.
Global House Price Index for Q2 2011
Residential prices in Asia continue to increase, contrary to the pattern elsewhere, according to the Global House Price Index for the second quarter of 2011 by property consultant Knight Frank.