Sahara appeal against SAT order in SC today
The Sahara group’s appeal against the order of the Securities Appellate Tribunal (SAT) will come up for hearing in the Supreme Court on Monday, Nov 28.
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RoC to examine Sahara firms’ books for violation of norms
Sahara’s defiance against the market regulator SEBI seems to have opened the can of worms for the company.
Chintels India gets into brand makeover
Chintels India, the Delhi-NCR based developer has announced its new corporate identity with the launch of a new corporate logo.
CREDAI joins hands with ADaRSH to promote green buildings in India under the GRIHA Rating System
In an endeavor to strengthen the green building movement in India and promotion of GRIHA with the members and associates of CREDAI, ADaRSH and CREDAI signed a memorandum of understanding today in New Delhi.
Delhi HC reserves order on plea of DLF filed against SEBI’s order
The Delhi High Court on Wednesday, Nov 23, reserved its order on a plea of DLF Ltd challenging an order of market regulator SEBI to probe accusations by a Delhi-based businessman that he was duped of Rs. 34 crore by the realty major.
Purvankara to expand in overseas market
Puravankara is eyeing the overseas market for expansion. The company’s maiden project in a foreign soil is coming up in Sri Lanka.
Panchshil signs MoU with Korean firm
Mumbai-based Panchshil Realty has entered into an MoU with Korean company Hanmi Global Co Ltd for a business arrangement by which both parties would jointly pursue and perform consultancy services for project management.
Pragnya invests in Colombo, Andhra Pradesh
Pragnya Advisors, the private equity (PE) fund focussed on real estate, has entered into two deals in Colombo and Rajahmundry, Andhra Pradesh for an investment of $100 million second fund.
CREDAI opposes R&R clause in Land Acquisition Bill before Parliamentary Standing Committee
CREDAI has opposed the proposed Land Acquisition and Rehabilitation & Resettlement (R&R) Bill, and said with proposed R&R to the farmers the construction industry would become an unviable proposition.
Morgan Stanley PE faces Rs 200 cr loss
Fishing in the troubled waters of Indian real estate, Morgan Stanley Private Equity is staring at Rs.200 crore loss.