SEBI moves SC for early hearing in PACL realty case
The Securities and Exchange Board of India (SEBI) has moved to the Supreme Court for an early hearing in a seven-year case against realty player PACL India.
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Billionaire Zell to invest in Indian realty
Billionaire Sam Zell said he is entering the real estate markets in Colombia and India in the next two weeks as he continues to favor international investments over U.S. property deals.
Realty sector mulls legal action against CCI order
The ruling of Competition Commission of India (CCI) against the market leader DLF seems to have not only sparked a debate within the real sector, but has also united them.
Oberoi Realty ropes in a global contractor for key Worli project
It is not slowdown for some of the realtors, while others are feeling the heat. If the signature projects of some of the developers are any indication, market is still good if you don’t have crisis of credibility.
SEBI initiates fresh probe against PACL Realty
The police has been asked to verify complaints from Mumbai-based investors against the PACL realty; firm denies any wrongdoing.
Realty sector blames rising costs for performance slippage
The net profit in the June quarter is down for all major listed real estate companies is a matter of worry for the sector in general.
Unitech profit drops, DB Realty net rises
Unitech Ltd, India’s second largest real estate company, and DB Realty Ltd continued to struggle with sales in the June quarter amid rising interest rates and slowing demand—a seemingly unceasing plight they share with most of the sector.
DB Realty banking on Balwa’s political clout to mess with Aldeia de Goa
A senior high ranking officer of a Central Intelligence agency revealed to this correspondent that in the investigations surrounding the assets of Shahid Balwa when the investigation stirred towards the DB Realty assets in Goa.
Realty leading in corporate M&A
Real estate along with information technology and financial sectors cornered nearly 52 per cent share in mergers and acquisitions (M&As) out of 68 deals during June and July.
DB Realty sells 50% stake in Mumbai property to Adani Group
DB Realty Ltd has reportedly sold off its 50% stake in a south Mumbai property to the Adani Group.