Mahindra group to foray into low-cost housing
Budget housing is fast becoming big business with more and more real estate companies trying to please the masses with pocket-friendly offerings.
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MARG ProperTies unveils new brand mascot – “Mr. Joy”
MARG Limited, the diversified infrastructure development company has unveiled “Mr. Joy”, the mascot symbolizing a new brand identity for its real estate arm – MARG ProperTies.
RBI for central registry to check home loan frauds
Fraudsters will soon find it difficult to dupe banks by mortgaging the same property with two lenders or selling mortgaged property.
Ascendas set to raise $350 mn
Ascendas India Development Trust (AIDT), the India-focused real estate fund floated by Singapore-based office space developer, is looking to raise close to $350 million.
RBI forces SBI to withdraw teaser home loans
The State Bank of India has finally put an end to its most innovative and wildly successful home loan scheme from May due to concerns raised by and under pressure from the Reserve Bank of India.
MCHI’s 18th PROPERTY 2011 Exhibition winds up
Maharashtra Chamber of Housing Industry (MCHI), showcased properties from renowned builders across the Mumbai Metropolitan Region (MMR) and select Indian cities at PROPERTY 2011.
Impact of Tohoku earthquake over Tokyo office market
On 11 March, a major earthquake and tsunami hit Eastern Japan. According to official statistics, the number of deceased had surpassed 13,000 as at 14 April.
Nagpur builder writes to PM against Prafful Patel
A Nagpur-based real estate developer Gopal Kondawar has sought action against former civil aviation minister Praful Patel squarely blaming him for pushing the national carrier to bankruptcy.
DLF strikes deal with Spanish brand Mango
DLF is ramping up presence in the fashion retail industry after striking a licensing deal with Spanish brand Mango.
W Hotels to open first India property in 2015
Starwood Hotels & Resorts has announced plans to open W Mumbai in 2015, marking the debut of W Hotels Worldwide in India.