RBI warns banks on real estate valuation frauds
Alarmed by inflated valuations of real estate properties for the purpose of loans, the Reserve Bank of India has asked all banks to submit an action-taken report on the issue.
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CRISIL predicts fall in Ahmedabad market
CRISIL Research says that there will be 5% correction in the realty prices in Ahmedabad this year.
SEBI directs Sahara firms to refund investors
India’s capital market regulator SEBI on Thursday directed two Sahara group firms to immediately refund the money collected through sales of optionally fully convertible debentures with annual interest of 15%.
Global branding adds spice to realty projects
Newspaper advertisements and other branding collaterals of some of the real estate projects across the country attract the eye balls for what Indians have always aspired for—International living.
Real estate developers fulfilling government role against odds
Isn’t it ironical that real estate developers are getting into the role of the government in providing housing & infrastructure and still getting the flak?
DLF brings lifestyle shopping to Chennai with Galleria
DLF, the real estate market leader brings lifestyle shopping to Chennai with its new retail project Galleria.
Hafeez Contractor debuts in Nepal
Renowned Indian architect Hafeez Contractor is making his debut in neighbouring Nepal with a high-end apartment complex in Kathmandu.
Century real estate unveils luxury villa township in Bangalore
Century Real Estate has launched first luxury villa township Century Istana in Bangalore.
Oberoi Realty eyes expansion in weak market
Oberoi Realty plans to expand its land holdings in key cities as debt-laden rivals struggling with rising costs and slowing sales look to cut assets.
MPCB issues “Stop Work” notice to India Bulls Real Estate for Parel Land Project
The Maharashtra Pollution Control Board issued a stop-work order to Indiabulls Real Estate for starting construction work on its Elphinstone Mills property at Lower Parel without environment clearance.