National Stock Exchange
It was this Thursday when the esteemed SSIII Indian Investments Two gave away three and a half percent stake in Oberoi Realty, and estimates for the same touch over INR 265 crore, says a source. The proceedings for the same was done through a market route, open as shown. Sources say that the bulk details [...] Continue Reading »
Subsequent to Enforcement Directorate charged its join owners Mr Shahid Usman Balwa and Mr Vinod Goenka with money laundering in the 2G scam along with more than a dozen other accused, DB Realty shares plunged more than 5.5 per cent. On the Bombay Stock Exchange, The stock ended at Rs 70.65, down 5.10 per cent. [...] Continue Reading »
Delta Corp is India’s largest and only listed company in the gaming and casino segment. It is under the lens of income tax authorities on Tuesday for alleged tax evasion. Peninsula Land Limited, the real estate arm of the Ashok Piramal Group is also under the scanner. Around 25 residential and official premises, in Mumbai [...] Continue Reading »
To pay 20% of total cost of the apartment initially in Purvankara Projects and rest only at the time of possession, the realty developer has come up with a 20/80 deferred payment scheme. The interest cost on the 80% of the value of the apartment till possession will be bear by the company itself. EMIs [...] 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 »
