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Real estate Company causing hindrance in buyers airing grievance

Real estate Company causing hindrance in buyers airing grievance
Stung by angry Facebook posts by unhappy customers, a Delhi-based real estate company got an interim gag order from Delhi high court. Now, buyers have moved HC seeking the order be lifted. Buyers contend that they have a right to air their grievances and raise complaints of delay. HC will consider arguments seeking vacation of [...] Continue Reading »

Suchirindia commissioned new budget hotel in the city

Suchirindia commissioned new budget hotel in the city
Suchirindia, the real estate, hospitality and Infrastructure Company, is set to commission a budget hotel in the city before the end of the year and Club Republic, the latter positioned as a music-cum-entertainment zone. Y. Kiron, CEO and MD of Suchirindia, said the company is again getting back to mainstream real estate later a prolonged [...] Continue Reading »

Luxury project by Sheth creators to come up in Bandra

Luxury project by Sheth creators to come up in Bandra
Sheth Creators, a real estate company specialising in the luxury and ultra luxury segment, has launched Beaupride, a residential project in Bandra, Mumbai. The luxury residential project consists of 57 units in 22 storeys spread over a two-acre campus. It comprises fully air-conditioned 2BHKs (with a size option of 892 sq ft and 848 sq [...] Continue Reading »

MD of a Gurgaon Real Estate company caught for a fraud of 1000 Cr

MD of a Gurgaon Real Estate company caught for a fraud of 1000 Cr
The Gurgaon Police catches the managing directors of the real estate company Vigneshwara Group, with two of their family members for a fraud of over 1,000 crore. 700 investors put in their money since 2006-07 for properties in and about Gurgaon and believed fake promises of returns but they didn’t start constructions and failed to [...] Continue Reading »

Tata Housing launches first residential project in Bhubaneswar

Tata Housing launches first residential project in Bhubaneswar
Bhubaneswar- Tata Housing Development Company Limited, a renowned real estate company in India, has announced its first integrated residential complex “Ariana” in Bhubaneswar. The company has entered Odisha market by launching “Ariana” at Shankarpur which is jointly developed in association with the Bhubaneswar Development Authority (BDA). This new residential project in Bhubaneswar sprawls across 12 [...] Continue Reading »

Dwarkadhis launches its new group housing project in NCR

Dwarkadhis launches its new group housing project in NCR
Dwarkadhis, a well known real estate company of promotion and town planning, is coming up with its new housing project of 2, 3 and 3+SR bedrooms. The project ‘Aravalli Heights’ spread across 22 acres. The project site is just 800 meters from NH-8. The project has ultra-modern technologies, its designs are of innovative ideas with [...] Continue Reading »

DLF to launch three new projects in Gurgaon by March 2013

DLF to launch three new projects in Gurgaon by March 2013
New Delhi : From the sale of two non core business assets – luxury hotel chain Amanresorts and wind energy business, India’s biggest realty firm, DLF is aiming to raise Rs 3,000 crore by end of this fiscal year. By March 2013, the company will launch three-four  projects in Gurgaon generating Rs 15,000 crore sales [...] Continue Reading »

Morgan Stanley in the race to buy DLF’s wind power

Morgan Stanley in the race to buy DLF’s wind power
As per records, Morgan Stanley, the US-based investment bank, is in the process to buy real estate firm DLF’s wind power business. It shows the bank’s heightened private equity interest in renewable assets. Morgan Stanley is keen on buying DLF’s business to consolidate wind power assets in India. DLF’s wind power business was put on [...] Continue Reading »

Over 30% mall supply deferred: C&W

Over 30% mall supply deferred: C&W
The heat of mall culture across national capital region (NCR) seems to be gradually cooling off. As per Cushman & Wakefield’s (Q&W) recent report on the national retail real estate market, the region has been witnessing the highest ever deferment of new floor space additions and vacancy levels within its malls. The region has observed [...] Continue Reading »

DLF makes profit in land sale buzz

DLF makes profit in land sale buzz
The country’s largest listed real estate company, DLF‘s  shares increased by 1.2 percent of Rs 197 after a report that the company is selling its plot in Mumbai. The report said that the plot is being sold to Lodha group and a private equity company for Rs 2,800 crore. A report in Economic Times said [...] Continue Reading »



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