Ansal
The anti-competitive practices and the abuses of dominance top the list of complaints that have been filed by the consumers against the real estate players with the Competition Commission of India (CCI). As much as 150 cases have so far come to the fair trade regulator pertaining to the same as sources say. While the [...] Continue Reading »
Allegations of abuse of dominant market position against Ansal Township and Land Development with regard to the realty company’s commercial project in Jalandhar, Punjab were rejected by fair trade regulator Competition Commission of India (CCI). The CCI is of the view that the company did not appear to be in a dominant position in the [...] Continue Reading »
Faridabad, a major industrial hub and the largest city of Haryana, is now considered to be the booming real estate hotspot. The city has been witnessing enormous development in physical as well as social infrastructure. The prevailing lower rates of properties is attracting most of the working population for long term investment as well as [...] Continue Reading »
Ansal Properties & Infrastructure (Ansal API) has successfully sold properties worth Rs 2,361 crore, within 11 months, which is a little less than the sales of last year. According to the latest reports, during April 2012-February 2013, the company has sold 18.64 million sq ft of area against 20.20 million sq ft in the corresponding period [...] Continue Reading »
Surendra Hiranandani, who majorly promoted the House of Hiranandani is now planning to venture into NCR to flourish its residential projects apart from just planning to expand its footprints in cities like Hyderabad and Pune. The House of Hiranandani has already set its footprint in cities like Chennai and Bangalore and is further planning to [...] Continue Reading »
Located between Old Gurgaon and Manesar, New Gurgaon has witnessed a large amount of supply of housing units. New Gurgaon comprises of the newly carved sectors of the Haryana Urban Development Authority (HUDA) and several well known developers have announced their projects in the area, triggering property rates to shoot up by 6 per cent. While [...] Continue Reading »
