Realty News
The Modi government has been working on measures to make affordable housing available for all. To boost this move, there is one thing which can be done. The real estate developer gets a bank loan based on the credit rating of his residential project and if his credit rating is good, then the bank will [...] Continue Reading »
In a move which will help fast-track the economic partnership deal between India and Singapore, the two countries have asked negotiators working on the Comprehensive Economic Partnership Agreement (CEPA) to speed up their review and show adequate flexibility for advancing the deal. The inclination to speed up the finalization of the CEPA was voiced by [...] Continue Reading »
Telangana state’s ruling Telangana Rashtra Samithi (TRS) has allowed emotion to cloud its business sense. People believe that the administration may have taken decisions aimed at hurting the business interests of some corporates. Two recent decisions bear testimony to this – The government has asked L&T to alter the alignment of the Hyderabad metro rail [...] Continue Reading »
The state housing authority has now being working towards getting rid of the quota for legislations, quota for legislations in houses so that more cheap houses can become available to the poor and backward sections of the society. The Maharashtra Housing and Area Development Authority has on the other hand decided to keep a number of [...] Continue Reading »
The SEBI Sahara dispute has taken a new turn and to protect its interests, the income tax department has filed an application in the Supreme Court wanting to be impleaded as a party in the on-goingSebi-Sahara dispute.The application is likely to be heard on Thursday by a three bench comprising justices TS Thakur, AR Dave [...] Continue Reading »
The PNB Housing Finance LTD, after being promoted by the Punjab National Bank and backed by the private equity fund New Silk Route has recently emerged with a new plan that will raise loans by a large chunk of money. The transactions will take place from the International Finance Commission (IFC). The focus of PNB [...] Continue Reading »
In a volte-face with regard to fulfilment of promises in its election manifesto, the ruling Samajwadi Party has not given farmers six times the circle rate while acquiring their land. In response, the BSP walked out from the assembly on Wednesday, during a question hour. On being questioned by BSP legislator Dr. Dharampal Singh, Revenue [...] Continue Reading »
The Competition Commission of India has finally sanctioned a deal which involves a business transfer of Raheja Family Firms of Magna Hotel to another firm group named the Genext. The sanction has also mentioned that the corporate family will continue to control and no competitive concerns will be raised by the recent transactions. While Genext [...] Continue Reading »
Prime Minister Narendra Modi’s ambitious project is to provide housing to all by 2022. In order to seek expert opinion, Modi on Wednesday urged Singapore to help his government to provide low cost housing to all. Singapore’s minister for foreign and law K Shanmugamand Modi discussed on ways to expand cooperation in various areas, including good [...] Continue Reading »
During the presentation made by the officials to the ministry to state on matters of commerce and industry Nirmala Sitharam, several topics were raised. This included imposition of MAT (Minimum Alternate Tax), deriving of the manufactured output, restrictions made on the import of gold which ultimately affect the jewel and gems industry along with stagnant [...] Continue Reading »
