SEBI moves SC for early hearing in PACL realty case
The Securities and Exchange Board of India (SEBI) has moved to the Supreme Court for an early hearing in a seven-year case against realty player PACL India.
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Global housing market at weakest point since 2009
A report by real estate firm Knight Frank says worldwide mainstream house prices marginally avoided falling into negative territory with prices rising on average by 0.1% in the three months to June 2011 and by 1.7% over a 12-month period.
Mayawati among Delhi property tax defaulters
Bahujan Samaj Party chief Mayawati and Delhi’s Hotel Taj Palace are among over 6,800 individuals and institutions listed on the New Delhi Municipal Council’s website for default in payment of property tax.
Gujarat realty sector faces 40% skilled labour crunch: Survey
Reeling under high input costs and 40 per cent labour shortage, the realty sector in Gujarat is witnessing construction projects getting either delayed, cancelled or halted in progress.
Ajmera Realty Compliance Officer resigns
Ajmera Realty & Infra India Ltd has informed BSE that Keshav Kunder has resigned from the position of Compliance Officer.
CBRE poaches top Credit Suisse execs
The Indian arm of CB Richard Ellis (CBRE), the global real estate consultancy giant, has poached two top real estate fund managers from another global financial major, Credit Suisse.
DLF gets CCI rap again over project violations, no penalty imposed
The competition watchdog Competition Commission of India (CCI) on Tuesday, August 30, found realty developer DLF guilty of abusing its dominance at one more project.
Will Dwarka Expressway go the Noida Extension way?
When the land acquisition controversy in Noida Extension surfaced, there was a general feeling that proposed investment in the township will now move to Gurgaon.
CCI verdict on DLF makes Belaire Owners’ Association consumer courts
Backed by the Competition Commission of India (CCI) penalty of Rs 630 crore on DLF, for “unfair trade practices” and “abuse of market dominance”, the Belaire Owners’ Association has suddenly become self-styled crusaders against developers.
R&R burden on private builders will hit aam aadmi – CREDAI NCR
Strongly opposing the Resettlement & Rehabilitation (R&R) burden on private builders, Pankaj Bajaj, President, CREDAI NCR has said that this will hurt the realty sector and urban development.