Home financiers turn to lower tier towns for growth
It may surprise to many, but the fact is that the housing finance sector has steadily and consistently been posting impressive growth, despite the numerous challenges in the sector.
It may surprise to many, but the fact is that the housing finance sector has steadily and consistently been posting impressive growth, despite the numerous challenges in the sector.
Mumbai-based Godrej Properties Ltd has entered into an agreement with associate company Godrej and Boyce (G&B) for the development of the latter’s large land holdings in the eastern part of Mumbai.
The Competition Commission of India (CCI) penalty of Rs.630 crore on DLF has raked up the old debate in the sector as to whether the business falls under the service sector.
Impresario Entertainment and Hospitality Pvt Ltd, the Mumbai-headquartered company which runs a chain of fine-dining restaurants, has raised Rs.48 crore or $10.5 million from strategic investor Mirah Hospitality and Food Solutions Pvt Ltd.
Aman Resorts, the chain of luxury resorts owned by DLF may be sold for more than $400 million, according to the sources.
ATS Group, the Noida-based developer has announced its foray to the Gurgaon property market with residential projects.
Edelweiss Housing Finance Ltd (EHFL), the housing finance arm of Edelweiss Group, has launched its operations in Pune.
Interstate Hotels & Resorts, announced that JHM Interstate Hotels India, a 50/50 joint venture management company between Interstate and JHM Hotels, has signed contracts to operate two more hotels in India.
The Maharashtra Chamber of Housing Industry today welcomed the new FSI guidelines proposed by Brihanmumbai Municipal Corporation Commissioner Subodh Kumar as a consumer friendly move.
Well-known developer Vimal Kumar Jain (63) and four others died on the spot when a speeding water tanker rammed into his Mercedes car after hitting a motorcycle at Nigdi on the Pune-Mumbai highway.