Banks too fell prey to Emaar MGF
While 560-odd investors were duped by Emaar MGF, banks too were defrauded.
Search Results: real estate sector (2142)
500cr scam: Emaar MGF dupes 560 buyers
It may well go down as one of the biggest real estate scams in the country. The controversial Commonwealth Games village builder, Emaar MGF, has fraudulently sold off over 560 plots it did not own to unsuspecting buyers in Mohali (Punjab).
Sahara moves SC against SAT order
The two Sahara Group companies have moved the Supreme Court challenging the sectoral tribunal’s order asking the Group to refund around Rs.24,000 crore to investors.
DTZ Research: global debt funding gap down 27% to US$142 bn in last six months
The global debt funding gap is estimated to total US$142bn over the next three years (2012-2014) according to latest research from DTZ.
Revenues and profits dropped by 19% and 70% since FY08: Knight Frank
The impact of slowdown is already being felt on the real estate market with residential segment witnessing sluggish demand across all the major cities.
Jairam Ramesh refutes CREDAI charge of NREGA leading to labour shortage
Union Minister for Rural Development Jairam Ramesh today refuted the charge that National Rural Employment Guarantee Act (NREGA) had caused labour shortage in sectors like agriculture and construction.
DLF’s KP Singh and Anil Ambani out of top 10 in Forbes list
While the real estate market looks subdued with the sector weathering a host of issues, this is not a good news either. DLF’s Chairman K P Singh is out of the top ten list of Forbes.
Piramal joins race for Milestone Capital
Milestone Capital, which is looking for potential buyers after its founder Ved Prakash Arya died in a freak accident two months ago, has found another suitor, Piramal Group.
EMAAR MGF bags National Safety Council of India award
EMAAR MGF has bagged the “Prashansa Patra” award 2010 from the National Safety Council of India for its Boulder Hills, Excelsior Residential Project, a 7 acre high-rise project in Hyderabad.
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.