The Competition Commission of India (CCI) has slapped a 630-crore fine on DLF, threatening to turn an isolated dispute between flat buyers and India’s largest builder into a full-blown headache for the industry.
Nearly one lakh homebuyers are on the edge, as the Allahabad High Court (HC) is to begin hearing of all land acquisition cases of Noida Extension on Wednesday, August 17.
The imposition of heavy penalty by Competition Commission of India (CCI) on real estate major DLF in Belaire complex case for breaching the norms regarding fair pricing is likely to have serious ramifications on the real estate industry in the city.
Jones Lang LaSalle has launched a separate office in Andheri, Mumbai’s burgeoning commercial district.
In the first part of our expose titled ‘Dabolim Airport Land Acquisition Scam’ through our investigations we revealed the dubious circumstances around which land in the final stages of acquisition for the AAI Airport parking facility was de-notified.
The net profit in the June quarter is down for all major listed real estate companies is a matter of worry for the sector in general.
Lebua Hotels & Resorts, an international luxury hotel chain with properties in Bangkok and New Zealand is all set to enter the Indian market.
In a letter addressed to the Government of Goa on 15/3/2011 Airport Director, Goa, AAI pleas that the Government of Goa may kindly consider proceeding with the land acquisition in respect to Survey No 8/1 in view of the inescapable and imperative requirement of the area for airport development.
Hotel chain Hilton will set up 50 hotels in the next five years, out of which six hotels are operational in New Delhi, Mumbai and Chennai.
Securities Appellate Tribunal (SAT) will take up petitions by two Sahara group companies, Sahara India Real Estate and Sahara Housing Investment Corp, challenging a SEBI order against them, on Tuesday, August 16.