DLF Brands to bring US retailer Claire’s to India
DLF Brands, a subsidiary of realty major DLF, has struck an agreement with Claire’s Stores Inc, one of the world’s leading fashion jewelry and accessories retailers, to bring the brand to India.
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Mumbai residential property – where are the open spaces?
People familiar with Mumbai’s residential market might be aware about the special provisions developers make in their upcoming projects; swimming pool, sports arena, theme gardens, podium park and much more.
Ackruti City in talks with PEs to raise Rs 150 cr
Ackruti City is in talks with a couple of private equity (PE) lenders to raise around Rs.150 crore by selling around 25% in its proposed redevelopment project in Chembur, north eastern suburb of Mumbai.
Delhi govt hikes circle rates, property prices set to zoom
Property rates in the capital are set to zoom further as Delhi Government on Monday, October 31, hiked the circle rates by up to 250 per cent to check black money in sale and purchase transactions.
Ambani checks into Oberoi boardroom; Nita’s first foray in listed company
Mukesh Ambani’s wife Nita Ambani and his associate Manoj Modi joined the Board of Directors of EIH, the parent of the Oberoi Hotels chain that includes Calcutta’s Grand Hotel, on Monday, Oct 31.
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.
BAI’s residential property expo in December
The Builders Association of India – Southern Centre plans to organize a three-day residential property exhibition – House Hunt – Expo 2011 from December 2.
JP Infra zoomed on F1 spirit
While other leading players in the realty and construction are reeling under investors’ loss of confidence, JP Infra’s stock has zoomed by over 40 per cent from Rs.44.50 exactly a month ago to Rs.63.05 on the BSE, outpacing peers.
Union Cabinet approves housing subsidy
In the wake of large scale criticism and the realtors’ protest against repo rate hike, the Government raised the housing loan ceiling for availing one per cent interest subsidy to Rs.15 lakh from existing Rs.10 lakh.
RBI move will further tighten source of funding: CREDAI
The latest interest rate hike by the Reserve Bank of India (RBI) is bound to push up the price of housing loans as well as the residential apartments.