Country Club India to develop Kandy property
Leisure and infrastructure firm Country Club India has said it will consider the development of a property in Kandy in Sri Lanka.
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Ambar Maheshwari exits DTZ to join Jones Lang LaSalle India
Ambar Maheshwari has joined India’s largest international property consultancy Jones Lang LaSalle as Managing Director – Corporate Finance.
Daiwa MF bullish on infra-space, but averse to realty
With the government planning to invest a trillion dollars in the infrastructure space during the 12th Plan period, leading Japanese mutual fund house Daiwa is betting on the sector with a long-term view in mind.
Mumbai family stalls Donald Trump’s India plans
A family is refusing to budge from their home in Mumbai to make way for a new luxury apartment block being built by billionaire US property tycoon Donald Trump.
Mumbai airport land to be subleased for hotels
The agency that runs the Mumbai airport plans to make thousands of crores by selling off part of the land in pricey Andheri that had been given to it for improving facilities.
Sahara alleges media trial by SEBI
Sahara India Group has criticized market regulator SEBI’s move to make its order public when the matter is pending before the Supreme Court.
RBI warns banks on real estate valuation frauds
Alarmed by inflated valuations of real estate properties for the purpose of loans, the Reserve Bank of India has asked all banks to submit an action-taken report on the issue.
CRISIL predicts fall in Ahmedabad market
CRISIL Research says that there will be 5% correction in the realty prices in Ahmedabad this year.
SEBI directs Sahara firms to refund investors
India’s capital market regulator SEBI on Thursday directed two Sahara group firms to immediately refund the money collected through sales of optionally fully convertible debentures with annual interest of 15%.
Global branding adds spice to realty projects
Newspaper advertisements and other branding collaterals of some of the real estate projects across the country attract the eye balls for what Indians have always aspired for—International living.