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Finance

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, SEBI, Securities and Exchnage Board of India

July 12, 2013

REIT-A victim of conspiracy theory or opaque market-II

Track2Realty Exclusive: The question is why have not they blocked the mutual funds then? Pranay Vakil, Chairman of Knight Frank India has a simple take, “Because the mutual funds lobby is larger than the bankers’ lobby. They could not do anything about it. The companies into mutual funds are so large; they might just foray into banking.”

Company News

July 12, 2013

Rose Valley to challenge SEBI’s order on deposit schemes

Track2Realty-Agencies: Kolkata-based Rose Valley Group on Thursday, July 11, said it would take legal action against the Securities and Exchange Board of India (SEBI) order against the company’s deposit-taking schemes through a holiday membership plan.

Headlines

July 11, 2013

Green building often misleading in Indian context

Track2Realty Exclusive: The concept has been new in India and in the absence of home buyers understanding, they have often succumbed to misleading advertisements that promise “view of nature” or “open green spaces.”

Company News

July 10, 2013

Donald Trump to launch first real estate project in India in Pune

Track2Realty-Agencies: America’s real estate business tycoon and celebrity Donald Trump has announced his company’s first Indian project, a 22-storied residential twin towers in Pune having 44 luxurious single-floor condominiums.

Company News

July 9, 2013

ASK Group invests 147 Crores with ATS group in a residential project at Gurgaon

Track2Realty: ASK Property Investment Advisors (ASKPIA), the real-estate private equity arm of ASK Group has announced its fifth investment from its second real estate fund. The project which will comprise of residential apartments is expected to have a sales value of around Rs.1000 crores.

Company News

Bombay High Court, India real estate news, Indian realty news, Property new, Home, Policy Advocacy, Activism, Mall, Retail, Office space, SEZ, IT/ITeS, Residential, Commercial, Hospitality, Project, Location, Regulation, FDI, Taxation, Investment, Banking, Property Management, Ravi Sinha, Track2Media, Track2Realty

July 9, 2013

Mumbai builder lodge defamation suit of Rs. 1,086 Crore against false complainant

Track2Realty: While the customers lodge complaints against builders, here is a case in which a builder has registered a defamation case against a customer. The Mumbai-based reputed Haware Engineers & Builders have filed a defamation suit amounting to Rs 1,086 crore against one of its former customers in the court.

Finance

July 8, 2013

REIT-A victim of conspiracy theory or opaque market-I

Track2Realty Exclusive: Globally a successful model of funding for real estate and investment instrument for common people, Real Estate Investment Trust (REIT) could not move beyond draft guidelines by SEBI.

Finance

July 8, 2013

Reliance Communications to spin off real estate business

Track2Realty-Agencies: Reliance Communications will spin off its real estate business into a separately listed unit, a move the country’s third largest mobile phone carrier by customers said was to focus on its core business.

Headlines

July 7, 2013

All in the name of green building in Indian real estate

Track2Realty Exclusive: Green building is something that is being over marketed in the Indian real estate. However, while the serious developers have realized its benefits, including fast return on investments, consumers’ literacy on the benefits of paying extra for long term low-maintenance is relatively low.

Finance

July 6, 2013

Intent questioned, taxation dilemma with SEZs

Track2Realty Exclusive: Social activist Medha Patkar has rather questioned the need of SEZs and acquisition of such huge tracts of land. Referring SEZs as “pervert corporate projects” Patkar points out that the Maharashtra Industrial Development Corporation (MIDC) had about 80,000 acres of unutilised land – information unearthed through the Right to Information Act.

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