Alok Industries divesting realty assets to ease debt
India’s largest textile firm, Alok Industries Ltd is divesting its real estate portfolio to ease debt.
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Dianne Farrell to lead America Inc’s infrastructure push in India
The US has finally got hooked to the development potential of India’s infrastructure and is looking at a big slice of its huge business potential.
Housing sector faces $70bn funding gap over 5 yrs
The Confederation of Real Estate Developers’ Association of India (CREDAI) has estimated that the sector will face a funding gap to the tune of USD 70 billion over the next five years.
Not just realtor, make all stakeholders accountable
If we want to see a regulated real estate business in India, we need to first identify the role of the Government in the system.
Why was land use clause changed overnight?
Back-to-back quashing of land acquisitions in Noida Extension by court has brought to light the nexus between the authority and builders.
ASSOCHAM calls for planned and orderly growth of real estate industry
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has called for a strong and transparent regulator for the real estate sector for an orderly growth.
LIC Housing Finance plans to launch Rs 500 cr fund in Sept
LIC Housing Finance Ltd plans to launch a Rs 500 crore venture capital (VC) fund for urban infrastructure development by September, according to its Director and Chief Executive Officer, V K Sharma.
DLF hires 3,000 advisors for insurance business; 500 for realty
DLF has reportedly added over 3,000 advisors in its insurance joint venture DLF Pramerica Life Insurance during last fiscal for the future growth of the business.
Finding a trustworthy real estate advisor
India’s real estate industry has always been beset by risk, and many unwary buyers and investors have burned their fingers on it.
Realtors pull out of affordable housing projects
More than half a dozen builders, including Ahmedabad-based Bakeri Group, Lodha Developers and Indiabulls Real Estate, have either pulled out of the affordable-housing segment or have changed their offering.