NBFCs brace for stricter rules
Non-banking finance companies (NBFCs) may soon be asked to raise the bar and adopt the tough asset classification criteria that banks currently use to identify bad and dodgy loans on their books.
Non-banking finance companies (NBFCs) may soon be asked to raise the bar and adopt the tough asset classification criteria that banks currently use to identify bad and dodgy loans on their books.
DLF, India’s largest real estate company, is in talks with IDFC to sell the entire 70% stake it holds in DLF IT Park, Noida.
A large number of people in Pune have been showing keen interest in booking their properties through an online mode.
With the US and European debt crisis affecting sentiments across the world, the Indian real estate sector is likely to see a gloomy phase in the next 12 months.
The Noida Extension has snowballed into controversy which could have been better avoided.
Mumbai-based Silvex Realty Limited with services in construction, real estate and infrastructure has forayed into the hospitality industry.
It seems the Competition Commission of India (CCI) ruling on the DLF to pay penalty has opened the can of worms.
Ajmera Realty & Infra India rose 2.96% to Rs. 118.40 at 14:15 IST on BSE on Wednesday, August 24, after the company said it has approved the proposal to acquire the 90% stake in Laudable Infrastructure LLP.
The ruling of Competition Commission of India (CCI) against the market leader DLF seems to have not only sparked a debate within the real sector, but has also united them.
It is not slowdown for some of the realtors, while others are feeling the heat. If the signature projects of some of the developers are any indication, market is still good if you don’t have crisis of credibility.