Faced with the non-compliance by the real estate companies, Brand Capital, earlier known as Times Private Treaties, the ad-for-equity business of publishing group Bennett, Coleman and Co. Ltd (BCCL), has hired real estate consultant Knight Frank India Pvt. Ltd to manage its real estate portfolio.
The Income-Tax department is planning to look into all suspected real estate deals to check involvement of black money component and tax evasion.
The Bombay Stock Exchange on Monday said that it has excluded Indiabulls Real Estate Ltd from both the BSE 100 and BSE 200 indices and replaced it with Coal India.
Aanya Real Estate and Luxora Realty jointly are coming up with a green initiative in Nagpur, there are row houses, sky villas, cottages, Olympics sports training center, Schools, Hospitals, Praying Center, thus creating a lifestyle living environment in Nagpur and attracting consumers across India.
Real estate traditionally has always had the perception of being a sector where ‘land & buildings’ was the language required and ‘people skills’ were of no great relevance. But, now, even big Real estate players are soon beginning to understand the importance of effective ‘client servicing’, enhanced ‘team productivity’ and professional ‘managerial skills’.
Private Jet and helicopter services and infrastructure services provider Airnetz Aviation, has started heliport construction, development and advisory services to Indian as well as international real estate and infrastructure projects.
College student Karan Kanodia believes he has struck gold in the real estate market with his recently launched United Demand, an Internet-based business that brokers housing purchases between home buyers and developers in Gurgaon, India.
Banks have experienced strong demand for loans from the real estate sector and non-banking finance companies (NBFCs) during the year till February, shows the latest data released by the Reserve Bank of India.
Sandland Real Estate Pvt. plans to build a 25-megawatt solar power plant in Gujarat.
After a one-year period starting 3Q 2009, which saw a strong recovery with a record 40%+ increase in prices, the Mumbai residential real estate market has been seeing a slowdown over the last two quarters across various micro markets.