American real estate plans 3 multi-specialty hospitals
Track2Realty-Agencies: The US-based American Real Estate plans to open three multi-specialty hospitals and small clinics in Maharashtra, Gujarat and Madhya Pradesh.
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Everstone ties up with JLLI for retail asset management
Track2Realty: Everstone has tied-up with Jones Lang LaSalle India (JLLI) for providing retail property management services to four shopping malls at Pune, Kochi, Vadodara and Ahmedabad.
Lack of infrastructure forced Ghaziabad resident to file PIL against new housing projects
Track2Realty: Lack of infrastructure in Ghaziabad has forced common residents to file PIL against new housing projects. Residents of a housing society in Ghaziabad have approached the Allahabad High Court seeking a clampdown on the Ghaziabad Development Authority (GDA) from approving any new residential project till civic infrastructure works in the city are upgraded to meet the requirements of the population.
Panel recommends to monetise unutilised govt land
Track2Realty-Agencies: The government should take steps to monetize under-utilized land resources of public sector enterprises, port trusts and railways, a panel set up to chart out the roadmap on fiscal consolidation has recommended.
Sahara to refund Rs 24,000 cr to investors in 3 months
Track2Realty-Agencies: Sahara Group on Friday, Sep 28, assured the Supreme Court that its two companies, which had raised Rs 24,000 crore through Optionally Fully Convertible Debentures (OFCDs) from their investors will refund the amount within three months.
Report says NCR office absorption drops over last year
Track2Realty-C&W: NCR registered absorption of 1.2 msf in Q3, 2012 and which was 14% lower when compared to the previous quarter due to cautious approach by the companies. IT/ITeS and consulting firms continue to be among the largest occupiers taking up spaces in excess of 200,000 sf each across Gurgaon and Noida, says office market report from real estate consultancy Cushman & Wakefield.
Delhi Government clears property deals in 312 unauthorised colonies
Track2Realty-Agencies: Delhi Government on Wednesday, Sep 26, issued directions to allow sale, purchase and registration of property in 312 unauthorised colonies built on private land. These were among the 895 colonies regularized early this month.
70 Indian realtors to participate in Times Realty India 2012
Track2Realty-Agencies: More than 70 builders across India will showcase their properties at Times Realty India-2012 event to be held on Septmber 28-29 at J W Marriott Hotel, Deira.
ED attaches Emaar MGF’s Delhi, Hyderabad properties for laundering
Track2Governance-Agencies: The Enforcement Directorate (ED) has attached properties owned by Emaar MGF, the builder of Commonwealth Games Village in Delhi and several projects in Hyderabad, for alleged violation of Prevention of Money Laundering Act.
Realtors hope to revive fortunes with property show in London
Track2Realty-Agencies: Over 20 realtors from India will participate in a property exhibition “India U Realty show: Unlock the potential of India real estate” which will bring together high net worth non-resident Indians (NRI) and persons of Indian Origins (PIO) in London to explore investment opportunities in India.