By Ankur Dhawan, The "Housing for All by 2022" mission has set the stage for a robust recovery in the residential property market. In the past two years, we have seen an unprecedented focus on reforms channelised through the Benami Transactions (Prohibition) Amendment...
New Delhi : The Enforcement Directorate (ED) has attached properties worth Rs 117.74 crore of three companies belonging to Indu Projects Ltd Managing Director Indukuri Syam Prasad Reddy for his alleged investments in a firm floated by YSR Congress Party President Y.S....
By Bappaditya Chatterjee, Kolkata : The real estate sector, which witnessed a slew of policy measures through the year, experienced a market slowdown but the affordable segment emerged as its growth driver, say property consultants and developers. The policy reforms,...
By Syed Zahid Ahmed Until liberalization the real estate developers were largely dependent upon informal investors who used to invest in properties and release payments in instalments. After possessing the properties, they sell it to other buyers and reinvest in other...
Mumbai : Real estate major DLF on Friday said that it plans to raise Rs 11,250 crore through issue of warrants and debentures to its promoters, subject to shareholders approval. "Upon completion of the... mentioned issuances and conversion into equity shares, the...
(Note Ban Series) By Vinod Behl, Though the government's radical measure of demonetisation has disrupted the economy and has hit the real estate sector -- already reeling under prolonged slowdown -- it will turn out to be a blessing in disguise in the medium-to-long...
Mumbai : Securities and Exchange Board of India (Sebi) on Monday said it has allowed Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) to raise funds by issuing debt securities. "In order to facilitate growth of InvITs and REITs, Sebi...
New Delhi : Even as Union Minister Santosh Kumar Gangwar on Tuesday said real estate players will play a significant role in realising the aim of 'Housing for All' by 2022, realtors demanded setting up of a fund by the Centre for completion of stuck projects. "Real...
New Delhi : The government, the National Company Law Tribunal and the Insolvency and Bankruptcy Board should treat home buyers at par with banks in view of a situation where thousands of buyers have been unable to get possession owing to stalled projects, industry...
Mumbai : Reliance Home Finance Ltd on Wednesday said it closed the first quarter of the current fiscal with a 58 per cent increase in its total income. In a statement issued here, the company said it closed the first quarter with a total income of Rs 374 crore logging...