When the CCI alleged that DLF misused its dominant market position and imposed unfair conditions on home-buyers of two of its many projects, the real estate fraternity, legal experts and others strongly questioned the basis of the CCI order.
Housing Development Finance Corp. will invest about Rs.2 billion ($41 million) in one of the projects of New Delhi-based real estate developer ATS Infrastructure Ltd, sources close to the development said.
Milestone Capital, which is looking for potential buyers after its founder Ved Prakash Arya died in a freak accident two months ago, has found another suitor, Piramal Group.
DLF on Tuesday, August 2, reported a 12.81 per cent decline in its consolidated net profit for the first quarter ended June 30 at Rs.358.36 crore.
Ackruti City Limited has received IGBC Gold Precertification for its Thane-based project Ackruti Greenwoods.
A prominent group in Singapore plans to act as a facilitator to bring in China’s savings into the Indian economy and other South Asian countries.
UK-based real estate fund Trinity Capital Plc sold its stake in Kapstone Constructions Pvt. Ltd, a subsidiary firm of Mumbai-based developer Keystone Realtors Pvt. Ltd.
ASK Property Investment Advisors, part of the financial services group ASK Group, has made a first close of its second real estate fund at Rs.520 crore.
The Indian rental housing sector is seriously under-serviced by the organized real estate industry.
Prestige Group has launched Golfshire in Bangalore which they claim to be city’s new address in the coming days.