Chhattisgarh realtors agree to Code of Conduct
Real estate developers in Chhattisgarh are among the first to have agreed to follow code of conduct to ensure transparency in the dealings of the sector.
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MARG ProperTies unveils new brand mascot – “Mr. Joy”
MARG Limited, the diversified infrastructure development company has unveiled “Mr. Joy”, the mascot symbolizing a new brand identity for its real estate arm – MARG ProperTies.
DB Realty ropes in Sr Goenka, Balwa
A day after its Managing Director Vinod Goenka was arrested in the 2G spectrum scam case on Wednesday, the controversial Mumbai-based real estate company DB Realty inducted his father, K M Goenka, as a Non-Executive Director.
L&T to build the 7-star Luxury Residences – M3M Golf Estate
Luxury real estate developer M3M India has appointed L&T to build the 7-star Luxury Residences – M3M Golf Estate.
RBI for central registry to check home loan frauds
Fraudsters will soon find it difficult to dupe banks by mortgaging the same property with two lenders or selling mortgaged property.
Ascendas set to raise $350 mn
Ascendas India Development Trust (AIDT), the India-focused real estate fund floated by Singapore-based office space developer, is looking to raise close to $350 million.
South Indian realtors eyeing booming infra sector
Nearly four years back when the real estate market was at its peak all the developers tried to diversify into other greener pastures.
Indian realtors expected to face distress and debt trap, says Knight Frank
Indian real estate is expected to face “large-scale distress” amid rising borrowing costs and shrinking access to credit that may force developers into fire sales for assets, according to Knight Frank.
Brand Capital hires Knight Frank to managed real estate portfolio
Faced with the non-compliance by the real estate companies, Brand Capital, earlier known as Times Private Treaties, the ad-for-equity business of publishing group Bennett, Coleman and Co. Ltd (BCCL), has hired real estate consultant Knight Frank India Pvt. Ltd to manage its real estate portfolio.
RBI forces SBI to withdraw teaser home loans
The State Bank of India has finally put an end to its most innovative and wildly successful home loan scheme from May due to concerns raised by and under pressure from the Reserve Bank of India.