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Court dismisses DLF plea on SEBI order

The Delhi High Court on Tuesday, Jan 3, imposed a cost of Rs.2 lakh on realty major DLF while dismissing its plea against market regulator SEBI’s order to probe an allegation that it duped a city-based businessman of Rs.34 crore.

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2012: Year of cautious optimism for real estate

Economic growth and real estate performance are two significantly intertwined characteristics. It is widely accepted fact that demand for real estate space is drawn and influenced from economic environment.

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Realtors queue up for debt restructure

The Indian realty estate companies reeling under plunging sales and liquidity issues have something more challenging to negotiate-the piling debt in their balance sheet and the banks’ deadline to repay coming close.

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MCHI cries foul over RR rate hike

The Maharashtra Chamber of Housing Industry (MCHI) has cried foul over the State government’s decision to hike its Ready Reckoner rates that guide the stamp duty and other levies.

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Lessons learnt and road ahead in 2012-II

In view of the adverse publicity and shaken customer confidence arising out of significant delays in delivery of projects across the states, there is a strong acceptance of this matter by top management of the developers and investors alike.

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Indiabulls Real Estate fixes buyback price

Indiabulls Real Estate announces its intention to buy-back its fully paid-up Equity Shares of face value Rs.2 each from the existing shareholder/beneficial owners of the Equity Shares of the Target Company through the open market.

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Track2Realty comes out with yearly handbook for 2012

Now at the year end it is time we conceptualized the idea of a compendium of yearly handbook that could serve as a ready reckoner to the sector, the media, HNIs and the investors who have keen interest in the Indian realty market.

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