Puravankara takes Bangalore for Louis Philippe golf
Puravankara Projects has taken over the Bangalore team of the inaugural eight-city team event, the Louis Philippe Cup, according to the Professional Golf Tour of India (PGTI).
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Indian commercial property market loses momentum in Q3: RICS
Indian commercial property market has lost momentum in Q3 with the capital values turning negative for the first time since 2009.
Draft real estate regulation Bill to be made public this week
The Government will make public the draft Real Estate Regulation and Development Bill, 2011 for comments from stakeholders this week and may subsequently introduce it in the forthcoming winter session of Parliament.
Polls prop up realty market in Kolkata, Chennai
Even as global economic slowdown and uncertainty in financial markets have battered the real estate industry countrywide, properties in Kolkata and Chennai bucked the trend with steady demand in affordable and mid-segment housing.
NAREDCO approaches CCI against cement cartelisation
After CREDAI now real estate developers body NAREDCO has approached the CCI seeking intervention against the alleged cement cartelisation hitting real estate developers.
Parsvnath net profit falls, ventures into budget hotels
Parsvnath Developers presented gloomy second quarter results on Monday, November 7. Its net profit dipped 41.5 per cent in the quarter ended September to Rs.29.08 crore from Rs.49.97 crore in the corresponding period last year.
India Vs. China in the global business sweepstakes
India and China have been forever up for comparison in the past. There has been no end to the debates on which of the two economies out-performs the other, and China seems to have emerged as the default favourite for any number of reasons.
Real estate debates CCI jurisdiction & trust deficit
When the CCI alleged that DLF misused its dominant market position and imposed unfair conditions on home-buyers of two of its many projects, the real estate fraternity, legal experts and others strongly questioned the basis of the CCI order.
Mumbai residential property – where are the open spaces?
People familiar with Mumbai’s residential market might be aware about the special provisions developers make in their upcoming projects; swimming pool, sports arena, theme gardens, podium park and much more.
Commercial realty to come under new RBI disclosure norms
The RBI on Thursday, Nov 3, asked banks to bring in a disclosure clause under which commercial real estate players will also have to mention in their advertisements the name of the bank to which a property has been mortgaged.