HUL may turn Brookefields realty into SEZ
Hindustan Unilever (HUL) is reportedly trying to redevelop its landmark Brookfields Property in Whitefield, Bangalore.
Hindustan Unilever (HUL) is reportedly trying to redevelop its landmark Brookfields Property in Whitefield, Bangalore.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has called for a strong and transparent regulator for the real estate sector for an orderly growth.
Delay in real estate projects is something that invites disapproval and criticism in the collective consciousness.
The real estate developers who have been affected by the Supreme Court verdict on Shahberi village demand Greater Noida Industrial Development Authority to compensate them.
The fact that Mumbai has once again been targeted by terrorists begs the question – what are the immediate and long-term implications of this continued focus by disruptive forces on the city?
The Government is likely to introduce a bill in the monsoon session of Parliament to protect consumers’ interests against dubious operators in the real estate sector.
Though the Reserve Bank of India has laid out strict due diligence standards for banks for sanctioning loans to the real estate sector, industry experts believe lending to the sector will not decline.
Noida extension seems to be taking its toll. India’s largest home loan provider State Bank of India (SBI) said on Friday, July 8, it will not finance real estate projects which are mired in disputes over acquisition of land.
More than half a dozen builders, including Ahmedabad-based Bakeri Group, Lodha Developers and Indiabulls Real Estate, have either pulled out of the affordable-housing segment or have changed their offering.
The Reserve Bank of India (RBI) has asked banks to go slow on lending to the commercial real estate projects. The central bank fears an asset price bubble.