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Real estate along with information technology and financial sectors cornered nearly 52 per cent share in mergers and acquisitions (M&As) out of 68 deals during June and July.
In 2008, the People’s Movement for Civic Action (PMCA) and the Goa Foundation approached the High Court for a CBI inquiry into the disappearance of all files containing approvals relating to the construction of the Aldeia de Goa complex.
Godrej Properties Ltd (GPL), the real estate development arm of the Godrej Group, has concluded a Rs.500 crore deal with Jet Airways to develop the latter’s two-acre plot in the Bandra Kurla Complex.
Sahara Group has reportedly filed an appeal before the Securities Appellate Tribunal against the market regulator SEBI order directing the refund of money to investors in its optionally fully convertible debentures.
The on-going investigations by CBI into the various business enterprises and real estate assets of 2G Scam accused Shahid Balwa of DB Realty is to now bring the controversial project into the eye of the storm.
Hindustan Motors (HM) has refuted allegations of irregularities in a land deal at the Uttarpara plant in Bengal.
CRISIL Research expects tier II cities will be the demand drivers and lead finance penetration and entry of more players to drive faster growth in retail loans demand.
As the purchase of Mukesh Ambani’s dream home ‘Antila’ land, a wakf land, is snowballing into a political controversy, the Maharashtra Government looks to hand over the case to the CBI.
The global research agency CRISIL has termed Jaipur as a goldmine for the real estate investment.
DB Realty Ltd has reportedly sold off its 50% stake in a south Mumbai property to the Adani Group.