Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

SEBI

PFRDA has set up panel experts

PFRDA has set up panel experts
With new instruments like real estate and infrastructure investment trusts coming up, the Pension Fund Regulatory and Development Authority (PFRDA) has set up a panel of experts, headed by former Sebi chief GN Bajpai, to review investment norms for National Pension System (NPS) schemes for the private sector. PFRDA chairman RV Verma said that the [...] Continue Reading »

RBI allow $5 billion more investment to FPIs

RBI allow $5 billion more investment to FPIs
On Thursday, the total investment limits offered at an auction organised in Mumbai were Rs 3,117 crore (around $520 million) and FPIs (Foreign Portfolio Investors) were ready to pay premium as high as 8 bps. The Securities and Exchange Board of India (SEBI) auctions the investment limits in government bonds once foreign investors have exhausted [...] Continue Reading »

REITs start picking up momentum among the investors

REITs start picking up momentum among the investors
When the Finance Minister Arun Jaitley presented his maiden budget on July 10 this year, there was a lot of expectation in the real estate and infrastructure sector as they were hoping that the new government will take measures to give a boost to these ailing sectors. This year’s budget saw the amendments enacted in [...] Continue Reading »

SFIO submits its final investigation report on Saradha scam

SFIO submits its final investigation report on Saradha scam
The final investigation report pertaining to the Saradha scam has been submitted to the Government’s Corporate Affairs Ministry by the Serious Fraud Investigation Office (SFIO). The submission of the report comes after the SFIO’s year-long investigation into the scam, in which thousands of crores of rupees were swindled from lakhs of investors in West Bengal, [...] Continue Reading »

FM discusses the roadmap to fulfil the ‘’housing for all by 2022’’ dream

FM discusses the roadmap to fulfil the ‘’housing for all by 2022’’ dream
The Finance Minister Arun Jaitley was addressing the crowd at a realtors conclave organised by the National Real Estate Development Council in Mumbai on Wednesday. He mentioned in that conclave that his ministry will take into consideration all the possible steps to fulfil the agenda of the PM Narendra Modi’s plan to ensure housing for all [...] Continue Reading »

REITs to have a set concept

REITs to have a set concept
Real Estate Investment Trusts (REITs) are finally a formalised concept in India after SEBI approval on August 10. This instrument will bring better and faster funding for the real estate sector and has been welcomed by the stakeholders in the sector. While the developers lobby is elated at the prospect of an increased interest from [...] Continue Reading »

From milk seller to a business man

From milk seller to a business man
In just over 30 years, Nirmal Singh Bhangoo, the man behind Pearls Agrotech Corporation Ltd (PACL) which has been asked to return Rs 49,000 crore to its investors by Sebi by November this year, has metamorphosed from a milk seller near the Attari border in Punjab to the owner of 1.83 lakh acres of land [...] Continue Reading »

PACL to appeal to SAT against Sebi’s Rs 49,100-cr order

PACL to appeal to SAT against Sebi’s Rs 49,100-cr order
A spokesperson of PACL Ltd. has revealed that the company has plans underway to file an appeal with the Securities Appellate Tribunal (SAT) against a Sebi order pertaining to the return of a record Rs 49,100 crore to investors in three months. PACL collects money from investors, and invests that money in cheap land which [...] Continue Reading »

PACL to appeal to the SAT against SEBI’s orders

PACL to appeal to the SAT against SEBI’s orders
The amount that PACL Limited has been ordered to return by the stock market regulator SEBI would be $8.1 billion or Rs 49,100 crore in deposits. The Securities and Exchange Board of India (SEBI) has asked PACL to return this sum to the investors within three months. PACL now plans to appeal to the Securities Appellate [...] Continue Reading »

Sahara investors asked to submit claim

Sahara investors asked to submit claim
In a last-ditch effort to locate Sahara investors eligible for refunds, regulator Sebi has asked all such persons to submit their claims by next month, while the group claims to have returned the outstanding dues to almost all the concerned bondholders directly. Those having invested in various bonds issued by two Sahara firms, Sahara India [...] Continue Reading »



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!