Browsing: Investigation

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Co-promoter files petition against Omaxe CMD

Sunil Goel, the second largest promoter and shareholder of Omaxe Group has alleged for financial fraud at Omaxe Group. He has filed a legal petition against Rohtas Goel, Chairman & Managing Director, Omaxe Ltd for malpractices and financial mismanagement carried out in the company allegedly by Rohtas Goel.

Headlines india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property
Crisis of manpower affecting execution capability?

Irony is that even though the sector has succedded to some extent in attracting the young talent by poaching on professionals from established and matured sectors like IT/ITeS, banking, finance and telecom etc, the retention of these professionals have been quite challenging.

Headlines Two generations, Clash of generations, Second generation builder, Second generation property developer, Young property developer, India real estate news, Indian realty news, Real estate news India, Indian property market news, Invest in property, Realty Plus, Track2Realty, Realty Fact, Realty NXT, Realty Myths, Housing.com, Construction World, Housing news, Makaan.com, PropEquity, Liases Foras, Prop Tiger
Generation change in Noida real estate

Whether it is the clash of two generations or natural progression where the generation next has taken the business forward to the next level, the tale of two generations has always been a subject of interest in the business community.

Finance Union Budget, Budget and real estate, Property market and budget, Budget disappoints real estate, budget disappoints home buyers, Budget pains & gains, Real estate expectations with budget, Builders hope on budget, Finance Minister fails real estate, Budget and affordable housing, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty
Populist budget but not for builders or buyers

It seems the Union Finance Minister Arun Jaitley has failed to address the struggling and ailing real estate sector from the standpoint of both the homebuyers as well as the developers. However, what is all the more interesting is the fact that the developers are not overtly complaining. It is only the homebuyers who are sulking while the developers are trying best to put up a brave face.

Finance Union Budget, Union Budget 2016-17, Finance Minister, Housing demand in Budget, Fiscal Deficit, Monetary Policy, Repo Rate, NRI investment, India real estate news, Indian property market, Track2Realty, Budget disappoints real estate
Can budget offer bonanza for real estate?

A budget bonanza is a wish that businesses across the sectors dream about and real estate is no exception. Real estate, as a matter of fact, has to its claim being the key contributor of GDP and job market, besides accelerating a number of allied industries through backward and forward linkages.

Finance Union Budget, Union Budget 2016-17, Finance Minister, Fiscal Policy, Fiscal Deficit, Monetary Policy, Budget disappoints real estate, Incentive for home buying, NRI investment, Track2Realty, India real estate news, Indian property market
Budget expectations for buyers & builders contradict

A friendly budget is always on the wish list of everyone. Across the industries the stakeholders, including the consumers, have more or less the same expectations with the Finance Minister to call it a friendly budget. But in the context of the Indian real estate a friendly budget for the sector does not necessarily mean a homebuyer friendly budget.

Headlines Aarey Forests, Ecology of Mumbai, Sanjay Gandhi National Park, Aarey deforestation, Commercialisation of Aarey forests, Metro car shed in Aarey forests, Save Aarey, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty, Investment in property
Aarey deforestation result of official apathy

Environmentalists have raised serious concerns over the devastating consequences of climate change. Calling it irresponsible, they question how could a parking lot service area for metro trains being allowed to destroy a critical green lung.

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