
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.
India’s largest textile firm, Alok Industries Ltd is divesting its real estate portfolio to ease debt.
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.
Ever since the National Housing Bank (NHB) started preparing residex – an index for tracking the prices of residential properties in 2007, Chennai has been in the news for steep increase in residential prices.
The RBI move to raise the repo rate by 50…
Several realty firms, including Parsvnath, Juventus Builders and Developers, Alok Infrastructure, Oval Developers, Airmid Developers and NG Realty have sought the Government’s nod to shelve their SEZ projects amid continued tax uncertainties.
The 3rd NAR–India Convention 2011 is being hosted by Andhra Pradesh Realtors Association (APRA) in Hyderabad.
Hindustan Unilever (HUL) is reportedly trying to redevelop its landmark Brookfields Property in Whitefield, Bangalore.
Delay in real estate projects is something that invites disapproval and criticism in the collective consciousness.
Angel investors, Indian Angel Network has invested $1 million in the Mumbai-based real estate portal GrOffr.com for a minority stake.
Though the Reserve Bank of India has laid out strict due diligence standards for banks for sanctioning loans to the real estate sector, industry experts believe lending to the sector will not decline.