Gurgaon market
The execution of projects and sales bookings had improved for the real estate firms in the quarter ended March (Q4) than in the preceding three months. The real estate companies struggled to improve the sales and profit in 2011-12 as the economy slowed. The realty index on BSE has dropped nearly 24% in the past [...] Continue Reading »
The Realty Giant DLF is likely to approach the Compat (Competition appellate Tribunal) to challenge the order by Competition Commission of India (CCI) to pay Rs 630 crores penalty for the abuse of the dominant market position. This challenge on the order is on the basis of Competition Commission of India’s classification of DLF as [...] Continue Reading »
