Protest leads BBMP to review building plans
Stung by the allegations of harassment by CREDAI, the BBMP corporators on Tuesday held an emergency meeting and decided to review the projects approved during the two-and-half-year bureaucratic rule.
Browsing: India Real Estate News
Pune developer dies in road accident
Well-known developer Vimal Kumar Jain (63) and four others died on the spot when a speeding water tanker rammed into his Mercedes car after hitting a motorcycle at Nigdi on the Pune-Mumbai highway.
Kochi CREDAI proposes to rebuild public trust
Following the Apple A Day scam that left more than 800 customers cheated and homeless, Kerala (CREDAI) will pressurize the Union Government for implementing the Real Estate Regulatory Authority.
Mantri sues BBMP for Rs 10 crore
The owners of the Mantri Mall have sued the BBMP for Rs 10 crore for ”illegal” demolition of the ramp of the mall and the consequent problems it had caused.
GIREM – Jones Lang LaSalle Corporate Capital Summit in Mumbai
GIREM (Global Initiative for Restructuring Environment and Management), in association with Jones Lang LaSalle, is organizing a high-powered summit, which will be attended by the top brass and decision makers of the real estate and capital market fraternities.
HDIL starts resettling slum dwellers for airport project
Housing Development and Infrastructure Ltd has started resettling people living in the slums bordering the Mumbai airport, clearing the way for Mumbai International Airport Ltd to develop the area.
Getting wise about sample flats
Sample flats are indicative only – they basically serve the purpose of giving the intending purchaser a sense of space and dimension.
Omaxe to raise Rs.450 crore
Omaxe Ltd is set to dilute promoter shareholding through a mix of follow-on public offering (FPO) and placement to raise Rs450 crore.
Apple Realtors & kin applied for bail
The promoters of the real estate company Apple A Day, linked to a housing scam have filed for bail, and the mother of one of them has also filed an anticipatory bail application in a sessions court in Kochi.
Finance Ministry & RBI differ on approving ECBs in real estate
The decision on allowing external commercial borrowings (ECBs) for the real estate sector still hangs fire with the Finance Ministry and the Reserve Bank of India holding opposing views.