While the land acquired by the Uttar Pradesh Government along the Expressway has snowballed into a political slug fest, the National Highways Authority of India (NHAI) still believes that is the way to go.
Over 60% of Indian software exports are to the US, and nearly 20% are to Europe. Since both these geographies are affected, there will eventually be an impact on Indian IT companies.
Dynamix Balwas (DB) Realty, the Mumbai-based realtor, has decided to buy upto 49 per cent stake in its hospitality arm, DB Hospitality Ltd, an unlisted arm where the promoters hold a majority stake.
ATS Group, the Noida-based developer has announced its foray to the Gurgaon property market with residential projects.
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.
A day after the Noida Authority clinched a deal with the agitating farmers, the farmers of the villages along the Yamuna Expressway held a ‘panchayat’ in Gautam Buddha Nagar district on Sunday, July 31, and demanded higher compensation for their land.
The Confederation of Real Estate Developers’ Association of India (CREDAI) has asked builders, whose projects in Patwari have been affected by the high court order, to move the Supreme Court.
The Keventer Group is planning to step up its activities in Bengal & Bihar, including a major foray into real estate.
ICICI Ventures-backed Delta Corp has acquired 51 per cent stake in Daman Hospitality Pvt Ltd for Rs 50 crore in its second acquisition this year.
Fortis Healthcare (India) Ltd. plans to raise as much as $500 million by hiving off some of its properties into a real-estate investment trust, or REIT, and listing it in Singapore.