Realty News
The Securities Appellate Tribunal or SAT finally admitted the appeal of DLF Promoters against the Securities and Exchange Board of India or Sebi last week. This order of ban against DLF promoters from accessing the capital markets have been admitted by SEBI, post the plea of the prompters. The ban was not just for DLF, [...] Continue Reading »
Observation orders have been issued by The Securities and Exchange Board of India or Sebi on initial public offering or IPO or Lavasa Corporations. This has signified the debacle of the regulatory course before IPO. As stated by a company official, Lavasa can now smartly say yes to the IPO and they are happy to [...] Continue Reading »
The prices of commercial properties continue to rise indefinitely in Mumbai and in spite of this upswing mode, developers find sales and can easily get returns of 15-20% over a certain period of time. Being the financial capital of India, commercial property prices in Mumbai are at an all-time high and also rise with each [...] Continue Reading »
Affordable housing is needed for the health and well-being of people along with smooth functioning of economies. In the coming 10 years, there will be an exponential rise in urban housing cost and population dwelling in substandard housing. Through this period, India shall feature among the top housing challenged countries till the government starts working [...] Continue Reading »
If the Government passes the tax relief by the end of March 2015, we can have around $10billion in Real Estate Investment Trust. India has experienced a dramatic recovery in the real estate market and is to be in sync with other real estate business of Asia-Pacific belt. Strategically, India is ought to me more [...] Continue Reading »
As a result of the delayed recovery of loans and inability to track defaulters, SBI has turned snoop by hiring detectives to track down errant borrowers. Their properties, once traced shall be advertised for sale. Due to the pressure of having to recover its debited money, the State Bank of India has contacted several small-time [...] Continue Reading »
In the second quarter of the current fiscal, Godrej Properties Limited has seen a two-fold increase of its sales bookings estimated at a cost of Rs. 880 crores in spite of the economic slowdown of the real estate market. Godrej Properties Ltd. which has had record sales bookings of 333 crore in the July-September period [...] Continue Reading »
Delhi Development Authority is surprised to receive over 10 Lakh application forms for the Housing Scheme 2014. The much anticipated lucky lottery draw for the ownership of the flats will be taking place on coming Monday. According to the higher authorities of DDA, the draw of lots on Monday is supposed to be the dry [...] Continue Reading »
Indian investors have managed to provoke quite a furor with their growing interest in real estate in the United States. The investments by Indians in residential property in the United States witnessed an exponential rise in comparison to the previous year. Executives in Bangalore’s technology industry are reportedly the most generous investors in the US [...] Continue Reading »
The 20:80 infrastructure schemes offer myriad options for prospective buyers and promise to make purchase processes very interesting. The latest schemes of the 20:80 infrastructures offer a potential buyer with two interesting options which included: The price would be Rs. 15000 per sq ft if a down payment of 20% of the property value was [...] Continue Reading »
