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Fresh trouble for GMR: Philippine project gets into trouble

Fresh trouble for GMR: Philippine project gets into trouble
The GMR group which grabbed the bid for the Mactan Cebu international airport project in the Philippines is facing problems as a petition has been filed against them in the country’s Supreme Court to scrap the deal. Mr. Serge R Osmeña III, a Philippine politician, says that GMR group broke the bid rules that barred [...] Continue Reading »

Corruption causing problems for Indian realty: CREDAI president

Corruption causing problems for Indian realty: CREDAI president
Lalit Kumar Jain, president of the Confederation of Real Estate Developers’ Association of India (CREDAI) has stated that corruption is the biggest trouble glaring the real estate sector. At the opening address of 12th NATCON, the Credai president remarked that that the humiliating approval process and corruption is to blame for the problems of developers [...] Continue Reading »



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