Foreign direct investment (FDI) in the real-estate sector last year was the lowest in four years, but private equity activity gained momentum during the recent months, according to a study by an Indian industry chamber and a global accountancy firm.
Real estate developers have called upon potential buyers in Doha to take advantage of recessionary trends in the global economy and make investments in the real estate sector of growing economies like India.
Continuous rise in interest rates by the banks is dampening the effort of the real estate companies to reduce debt by selling non-core assets.
Norwegian telecom giant Telenor has started a process to raise up to Rs.8,000 crore in its Indian joint venture with real estate developer Unitech, said a top company executive.
Sahara Prime City, the real estate company of Sahara India, has launched Phase II of its Sahara Grace brand of residential complex at Kochi.
Thane-based Puranik Builders has recently launched a major project ‘Know Your House’ (KYH) for school children as a part of their commitment to Corporate Social Responsibility.
The organized segment of Indian real estate is only about two decades old. It could be seen as understandable that true governance is too much to ask at this early point.
The management skills of Mumbai’s dabbawalas (tiffin carriers) will be in focus at the Global Initiative for Restructuring Environment and Management (GIREM) conference to be held in Goa between September 29 and October 1.
The Kerala Government has proposed to constitute a real estate regulatory authority to monitor and guide builders and developers in the State.
The Punjab and Haryana High Court has restrained DLF from selling or creating third-party rights in one of its towers located in DLF’s Horizon Centre, earlier known as City Centre, in Gurgaon.