Nagpur builder writes to PM against Prafful Patel
A Nagpur-based real estate developer Gopal Kondawar has sought action against former civil aviation minister Praful Patel squarely blaming him for pushing the national carrier to bankruptcy.
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Dubious real estate deals under I-T scanner
The Income-Tax department is planning to look into all suspected real estate deals to check involvement of black money component and tax evasion.
BSE excludes Indiabulls Real Estate from BSE 100
The Bombay Stock Exchange on Monday said that it has excluded Indiabulls Real Estate Ltd from both the BSE 100 and BSE 200 indices and replaced it with Coal India.
Investment advice: stocks vs. realty vs. realty stocks
The Sensex has always been a barometer of the country’s general economic ‘mood’. The real estate index, on the other hand, is an indicator of the sentiments towards real estate developers.
ED unearths realtor Hasan Ali’s foreign accounts
The Enforcement Directorate (ED) has unearthed 15 foreign bank accounts with direct links to realtor Hasan Ali Khan and his accomplice, Kolkata based businessman Kashinath Tapuriah.
DLF strikes deal with Spanish brand Mango
DLF is ramping up presence in the fashion retail industry after striking a licensing deal with Spanish brand Mango.
DB Realty’s Srinagar deal cancelled
Civil Aviation Minister Vyalar Ravi has cancelled the lease contract of Srinagar’s Centaur Hotel which was allotted to DB Realty, the company of Shahid Balwa.
W Hotels to open first India property in 2015
Starwood Hotels & Resorts has announced plans to open W Mumbai in 2015, marking the debut of W Hotels Worldwide in India.
SEBI moves apex court on Sahara
The Securities and Exchange Board of India (SEBI) has filed a caveat in the Supreme Court claiming that any petition on its ongoing case against two Sahara group entities cannot be decided without its knowledge.
Unitech’s Chandra brothers distancing strategically
With the Central Bureau of Investigation (CBI) charging Unitech Managing Director Sanjay Chandra as a key accused in the 2G spectrum scam and his brother Ajay Chandra appearing as a CBI testimony, it is generally believed that the two Chandra brothers are falling apart.