It seems to be a box-office-hit bollywood potboiler where a billioner realtor is interrogated as many as 29 times over a period of four years, gets arrested on charges of money laundering. But in the end manages the investigation and a weak case is what makes him laugh away at the system.
Around 1,000 developers will be flying to Singapore to attend a two-day knowledge-sharing event on March 28 and 29.
Chinese officials are blaming the speculators for soaring property prices and have announced to build 36 million affordable homes over the next five years.
2G scam accused Shahid Balwa of DB Realty, whose dubious Pakistani and underworld connections are being probed, also allegedly had some Chinese links that raised security concerns within Indian agencies.
Times Realty India 2011, a two-day exhibition being held in Dubai on the realty sector of India opens today in Dubai. The exhibition will see participation from some of the biggest organizations in the property industry from India.
Surging growth in emerging markets such as China and India will boost demand for real estate, although uncertainties such as an oil shock could pose major risks, economist Nouriel Roubini said on Thursday.
BNP Paribas has raised its ratings on Indian real estate developers, citing a discounted value and improving outlook.
Minister of Housing and Urban Poverty Alleviation Kumari Selja said in the Rajya Sabha the Real Estate (Regulation of Development) Bill is still being deliberated.
Real estate developers are trying to change perceptions. A new team of office bearers which took charge at the Confederation of Real Estate Developers’ Associations of India (CREDAI) has announced to work on a set of measures that will help builders deliver projects on time, redress customer grievances and improve governance to change image and perception of the sector.
Confederation of Real Estate Developers’ Associations (CREDAI) Tamil Nadu unit has said that enquires for commercial real estate property has picked up in the last couple of months following decent growth in the IT industry.