The on-going investigations by CBI into the various business enterprises and real estate assets of 2G Scam accused Shahid Balwa of DB Realty is to now bring the controversial project into the eye of the storm.
DB Realty Ltd has reportedly sold off its 50% stake in a south Mumbai property to the Adani Group.
The introduction of FDI in multi-brand retail will lead to increased demand, which in turn will catalyze more investment opportunities in organized retail.
AIG Global Real Estate (AIG GRE), the real estate fund of the global financial major, is looking to exit two projects of Bangalore-based RMZ and raise around $450 mn.
Any residential property, even with all legal safeguards are apparently in place, is ultimately built on land. One cannot automatically assume that this land did not have previous owners.
India’s largest textile firm, Alok Industries Ltd is divesting its real estate portfolio to ease debt.
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.
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.
India’s real estate sector will be among the worst hit by the Reserve Bank of India’s decision to raise key interest rates, experts have said.
As more farmers move the court against acquisition of their land in Noida, industry body ASSOCHAM has urged the Centre to take initiative and evolve a consensus among all stakeholders as the crisis gets politicised.