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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Noida real estate buys a truce for 3 month
The farmers and Noida Authority have negotiated a truce for three months under which the farmers of 54 Noida villages have given an undertaking to the Noida Authority.
Draft land bill curtails government role in acquisition
The UPA government has tried to address the politically sensitive issues of land acquisition and rehabilitation of affected people by shrinking the role of the state in acquisitions.
Beggars turn bidders at property auction in Puducherry
Real estate community in Puducherry was taken for a surprise on Friday, July 29, when three beggars walked into the community panchayat office at Thirunallar in the city to take part in the auction of commercial complexes.
Spencer’s eyes foreign ties
Spencer’s has initiated stake sale talks with a foreign retailer on hopes that foreign direct investment will be opened up in multi-brand retail.
Ackruti Greenwoods awarded IGBC Green Homes Gold Pre-certification
Ackruti City Limited has received IGBC Gold Precertification for its Thane-based project Ackruti Greenwoods.
New DC rules will cripple Mumbai redevelopment, says MCHI
The new Development Control Rules applying restrictions on redevelopment projects in Mumbai will defeat the very purpose of the redevelopment scheme and lead to immense social injustice.
Defying slowdown apprehensions, Q1 recorded 65% growth in retail mall space
Defying any ears of a market slowdown, liquidity crunch and rising inventories, the April-June period saw a 65% growth in retail mall space supply across India over the previous quarter
Marriott opens third property in Pune
Marriott has opened a 179-key property Courtyard in Pune to cater to the business travelers which is developed by Mumbai-based The Advantage Raheja Group.
MCHI Mira-Virar chalks an aggressive growth plan on 1st anniversary
Maharashtra Chamber of Housing Industry (MCHI) Mira-Virar Unit has chalked out an aggressive growth plan on its first anniversary.