Suchirindia Infratech gifts plots of land to Dhoni & Co
Suchirindia Infratech on Saturday presented land titles to some of the players of the first-ever T20 cricket World Cup winning team at a function in Visakhapatnam on Saturday, Sep 8.
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Retail realty professionals around the world meet in Sanghai summit next week
More than 1,000 registered attendees from around the world will converge in Shanghai next week for the 2012 ICSC Retail Real Estate World Summit. More than 70 speakers around the globe from companies ranging from Apple and Walmart to India-based K Raheja Corp. will be discussing the latest trends transforming the international retail real estate industry.
India’s unique demographic dividend could turn into a demographic nightmare: K P Singh
DLF Chairman K P Singh has warned that the current policy paralysis has had an adverse impact on the country’s growth momentum denting business confidence, and could lead to its unique demographic dividend turning into a demographic nightmare.
MCHI-CREDAI to look for best VAT calculation
The Maharashtra Chamber of Housing Industry (MCHI)-CREDAI has set up a four-member committee to look for the best option for developers to compute Value Added Tax (VAT) and, in turn, pass it on to buyers who purchased flats between 2006 and 2010.
Kerala CM warns investors with real estate motives
Kerala Chief Minister Oommen Chandy has said that investors, who attend the Emerging Kerala meet, with real estate motives will have to return empty handed. “Not an inch of land will be sold for projects approved in the meet. Can you think any secret business deal is possible in Kerala?,” he asked the editors of various media organisations in the state during an interaction ahead of the Emerging Kerala meet on Thursday, Sep 6.
CBDT to come out with accounting norms for real estate
The Revenue department on Thursday, Sep 6, said it will soon come out with accounting standards for the real estate sector to bring about uniformity in reporting of financial results.
Mumbai’s prime office rates continue to rise despite depressed market
With overall vacancy increasing and business and investor sentiment low, why are office rents in many micro markets in Mumbai still increasing? In the recent past, many corporate decision makers have been wondering aloud why the rents and capital values in markets such as Lower Parel and BKC have risen in the last 4-5 months.
Can meat & eggs offered to God resolve realty crisis?
Can meat & eggs offered to God resolve realty crisis? Well, the real estate community in Coimbatore thinks so. More than 1000 members of the real estate sector, including key promoters, sought diving intervention on Wednesday, Sep 5, to bail them out of the crisis they were in, caused by decreasing demand and prices.
Real Estate Bill sent to Law Ministry
The Real Estate Regulation and Development Bill, 2012, has been sent to the Ministry of Law and Justice for vetting, after which it will be moved to Cabinet.
PE investments in realty sector become selective: C&W
Realty sector in India has witnessed more than $2-billion private equity investments in the last 12 months, with investors treading cautiously, according to real estate consultancy Cushman & Wakefield.