Real estate draft Bill revised to make it a central legislation
The contour of the Real Estate Draft Bill has been changed to make it a central legislation, a shift from it being a state matter earlier.
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Israeli conglomerate to invest in Indian realty
Israeli conglomerate Elbit Imaging and its subsidiary Plaza Centers NV will make fresh investments of at least $500 million to develop real-estate projects in India.
Office space deals drop more than two-thirds in Mumbai
It’s not just the residential real estate market in Mumbai that is going through a slump, the commercial office segment, too, is reeling under a slowdown.
Runwal Group aims brand make-over with new logo
Runwal Group has announced a new logo and philosophy for the brand to further strengthen its relationship with customers.
Paramount Group to come up with IT Park in NCR
Paramount Group is coming up with IT Park in the NCR. The project spread over 25 acres has been allotted by Greater Noida Authority at Knowledge Park 6.
Strong growth predicted for many global commercial real estate markets
Latin America and Asia remain the strongest real estate markets in the world but emerging markets in Europe, particularly Poland, show further improvements, according to the latest Global Commercial Property Survey.
Sahara directed to provide details on OFCD Scheme by SC
Seeking more clarity on the Optionally Fully Convertible Debentures (OFCDs) scheme, the Supreme Court on Monday directed Sahara India Real Estate Corporation Limited (SIRECL) to submit an affidavit containing the format of OFCD scheme and the list of agents working on its behalf.
Ganesh Vasudevan to head IndiaProperty.com as vice-president
Consim Info Pvt. Ltd. announced the strengthening of its senior management with the appointment of Ganesh Vasudevan.
Supreme Court to hear Sahara plea against SEBI today
The Supreme Court will today, May 9, hear Sahara Group’s petition against the orders of the Allahabad High Court, which directed the company to share with market regulator SEBI details of investors participating in its fund raising exercise.
Guidelines for banks, HFIs on property valuation in a month
The National Housing Bank (NHB) and Indian Banks’ Association (IBA) are jointly preparing the norms, standards and procedures for real estate valuation.