RoC to examine Sahara firms’ books for violation of norms
Sahara’s defiance against the market regulator SEBI seems to have opened the can of worms for the company.
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Chintels India gets into brand makeover
Chintels India, the Delhi-NCR based developer has announced its new corporate identity with the launch of a new corporate logo.
CREDAI joins hands with ADaRSH to promote green buildings in India under the GRIHA Rating System
In an endeavor to strengthen the green building movement in India and promotion of GRIHA with the members and associates of CREDAI, ADaRSH and CREDAI signed a memorandum of understanding today in New Delhi.
Delhi HC reserves order on plea of DLF filed against SEBI’s order
The Delhi High Court on Wednesday, Nov 23, reserved its order on a plea of DLF Ltd challenging an order of market regulator SEBI to probe accusations by a Delhi-based businessman that he was duped of Rs. 34 crore by the realty major.
Purvankara to expand in overseas market
Puravankara is eyeing the overseas market for expansion. The company’s maiden project in a foreign soil is coming up in Sri Lanka.
Panchshil signs MoU with Korean firm
Mumbai-based Panchshil Realty has entered into an MoU with Korean company Hanmi Global Co Ltd for a business arrangement by which both parties would jointly pursue and perform consultancy services for project management.
CREDAI opposes R&R clause in Land Acquisition Bill before Parliamentary Standing Committee
CREDAI has opposed the proposed Land Acquisition and Rehabilitation & Resettlement (R&R) Bill, and said with proposed R&R to the farmers the construction industry would become an unviable proposition.
Largest PE deal in Bangalore after three years for Rs 800 crore
Mapletree India China, a wholly-owned subsidiary of Temasek Holdings of Singapore, has acquired 100% stake in a Bangalore technology park for Rs.800 crore.
Ozone Group launches Urbana; raises Rs 500 crore
Ozone Group, the Bangalore-based realty developer, is raising a debt of Rs.500 crore from a consortium of banks led by State Bank of India (SBI) for its upcoming residential cum commercial township project – Ozone Urbana.
Redevelopment: A fresh look at urban renewal in a changing India
Redevelopment as a method of urban renewal may involve relocating businesses and people. It must produce tangible economic benefits so that the trouble and expense of redevelopment is justified.