Real Estate Developers
India’s top listed real estate developer DLF Group has said it will increase prices of its properties in selective locations to minimize the impact of rising input costs. The company, however, did not share details such as by how much the prices will be hiked, on which projects and from when the increase will take [...] Continue Reading »
The Pune Special Cell held gang of fraudulent real estate managers for cheating more than 200 people in Delhi and Pune of crores of rupees. The fraudulent real estate managers tricked people into buying land in Masharashtra towns at ‘low rates’ and fled. “With the arrest of one Arvind Kumar, a resident of Paschim Vihar, [...] Continue Reading »
The revenue department has proposed an amendment to the Indian Stamp Act, 1899 to capture the huge change in the Indian economy over the past century. The draft law will be taken up by the cabinet soon. The new stamp duty law worked out by the government says the benefit will lapse one year after [...] Continue Reading »
Under the present laws, the contracts are unilateral and there is no protection against unfair contracts. Often, service providers want consumers to sign on the dotted line even if the terms and conditions are stiff and give little leeway to consumers. The government is set to revamp the Consumer Protection Act, 1986 to provide for [...] Continue Reading »
Sayaji Pune is planning to expand its operations with a sports and cultural club, restaurant, mall, convention and conference facilities and serviced apartments. On completion of two years in Pune, Sayaji Hotels is planning to invest Rs 100 crorein the city. “This expansion will be completed by September 2012 with a total investment of Rs100 [...] Continue Reading »
