Finance Ministry & RBI differ on approving ECBs in real estate
The decision on allowing external commercial borrowings (ECBs) for the real estate sector still hangs fire with the Finance Ministry and the Reserve Bank of India holding opposing views.
Browsing: Delhi NCR real estate
Court rejects bail for Apple realtors
The Ernakulam Principal Sessions Court on Thursday rejected the anticipatory bail plea of promoters of a real estate company who have duped hundreds of people of more than Rs.1 billion.
EduMark starts training courses in real estate
EduMark Realty Education has announced the opening of admission in its different real estate courses in Delhi.
Realty Bill to hike operational cost by 10-15%
Introduction of the proposed real estate regulation Bill is likely to increase the cost of operations by 10-15 per cent, said Sreedhar Reddy, president of Andhra Pradesh Realtors Association.
Tata Housing plans Rs 1,000-cr investment
Even as the real estate sector is gradually slowing down as far as retail sales are concerned, Tata Housing, the real estate arm of the Tata Group, is consolidating its position.
DLF to open Savitri Cinema; residents protest
Savitri Cinema in Greater kailash Part-II of Delhi, which was shut down a few years back due to some fire safety related problems, is getting renovated by the DLF to open soon.
Nitesh Estates growth up by 58 per cent for the fiscal year 2010-11
Nitesh Estates Limited has announced impressive performance for the financial year ended March 31, 2011 clocking a robust top line growth of 58%.
Supertech to expand geographical presence before IPO
Supertech Limited plans to expand its geographical presence before filing DRHP with market regulator SEBI for its IPO in around a year’s time.
Realtors offering dicey deals arrested
Delhi Police have busted a gang of fraudulent real estate managers who had tricked people into buying land in Masharashtra towns at ‘low rates’ and fled.
$5 bn PE exits expected from Indian realty
Private equity investors are poised to exit roughly $5 billion worth of Indian real estate investments in the next two or three years, a Nomura report said.