CBRE poaches top Credit Suisse execs
The Indian arm of CB Richard Ellis (CBRE), the global real estate consultancy giant, has poached two top real estate fund managers from another global financial major, Credit Suisse.
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Will Dwarka Expressway go the Noida Extension way?
When the land acquisition controversy in Noida Extension surfaced, there was a general feeling that proposed investment in the township will now move to Gurgaon.
CCI verdict on DLF makes Belaire Owners’ Association consumer courts
Backed by the Competition Commission of India (CCI) penalty of Rs 630 crore on DLF, for “unfair trade practices” and “abuse of market dominance”, the Belaire Owners’ Association has suddenly become self-styled crusaders against developers.
R&R burden on private builders will hit aam aadmi – CREDAI NCR
Strongly opposing the Resettlement & Rehabilitation (R&R) burden on private builders, Pankaj Bajaj, President, CREDAI NCR has said that this will hurt the realty sector and urban development.
Eiffel Group enters into agreement with IREF
Eiffel Group has announced to enter into an agreement with India Realty Excellence Fund (IREF) to develop one of its largest plotted development project at Karjat.
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.
DLF in talks with IDFC to sell its Noida IT park stake
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.
Online booking for properties picking up: CREDAI
A large number of people in Pune have been showing keen interest in booking their properties through an online mode.
Magicbricks.com launches PropIndex
The India Apartment Index rose 3% during April-June 2011 quarter compared to the previous quarter, the “PropIndex, the India Apartment Index”, launched by Magicbricks.com, rated as India’s No. 1 property portal showed.
10 more cases against DLF pending with CCI
It seems the Competition Commission of India (CCI) ruling on the DLF to pay penalty has opened the can of worms.