Sunil Mittal ambitious foray in real estate
Sunil Bharti Mittal, the poster boy of Indian telecom, has ambitious plans in the Indian real estate.
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Regus to invests into flexible workspace in India
Regus, provider of flexible workplaces, is set to make major investments to capitalise on the accelerating global trend toward flexible working.
MCHI welcomes CM’s move for sale-by-carpet area; calls for speedy reforms in real estate
The Maharashtra Chamber of Housing Industry (MCHI) has welcomed Chief Minister Prithviraj Chavan’s move to ensure sale of residential property by carpet area.
FDI inflow to real estate lowest in 4 years
Foreign direct investment (FDI) in the real-estate sector last year was the lowest in four years, but private equity activity gained momentum during the recent months, according to a study by an Indian industry chamber and a global accountancy firm.
Indian property firms woo NRIs in Doha
Real estate developers have called upon potential buyers in Doha to take advantage of recessionary trends in the global economy and make investments in the real estate sector of growing economies like India.
Rate hike adds to debt burden of real estate companies
Continuous rise in interest rates by the banks is dampening the effort of the real estate companies to reduce debt by selling non-core assets.
Pune builders take repo rate hike in their stride
The real estate sector in Pune has taken the Reserve Bank of India’s (RBI) announcement to increase the repo rates in their stride without much cribbing.
Realty sector foresees black Diwali post repo rate hike
The repo rate hike by the Reserve Bank of India (RBI) by 25 bps seems to have spoiled the festive spirit of the real estate sector.
Hiranandani to set up multi-specialty hospital in Thane
Hiranandani Group on Friday, September 16, announced it was setting up a 200-bed multi-specialty hospital in Thane city, expected to be operational in the next two years.
MCHI to enforce Code of Conduct for developers
Kick-starting a Consumer Redresser Mechanism, The Maharashtra Chamber of Housing Industry (MCHI), the representative body of real estate industry, has decided to enforce a “Code of Conduct.” among its developer members.