Realty firm Parsvnath Developers has cleared a debt of Rs 60 crore to Essel Finance and some other investors through redemption of non-convertible debentures (NCDs).
People's participation can place Nagpur among top 10 Smart Cities in the world, according to Delivering Change Foundation (DCF) Managing Director Abhijeet Pawar.
Mani has held executive level roles in companies such as Citigroup and Yahoo. He has also been involved with several start-ups in India in advisory roles, the SoftBank-backed portal said.
Housing sales are expected to rise at a slower pace of 15-20 per cent during the ongoing festival season due to high prices in big cities and subdued sentiments in the property market, according to consultant Jones Lang Lasalle (JLL) India.
Realty major DLF Thursday said it has received the 'Sword of Honour' award from the British Safety Council for maintaining highest safety standards in six commercial buildings in Delhi-NCR.
The company, which was revived in 2006, presently has got 29 projects and 70 million sq/ft land under various stages of planning and execution across 13 cities.
Travel services provider Cox & Kings today fully acquired UK-based online hotel booking specialist LateRooms for 8.5 million pounds (about Rs 85 crore) from TUI Group.
The Allahabad High Court on Monday directed the District Magistrate of Gautam Buddh Nagar to look into allegations of encroachment of thousands of square metres of public land, spread across three villages of the district, and take an appropriate decision within three months.
As per a KPMG survey, around 80-100 million square feet of commercial space worth USD 15-20 billion would be eligible for Real Estate Investment Trusts in the next 2-3 years.
RBI's move to lower loan-to-value ratios and risk weights for individual housing loans can help bring down interest rates on home loans by another 25-30 basis points over the next few months, says a report.
Stating that measures taken by the Central and Maharashtra government in terms of ease of doing business have not percolated to the ground level, real estate tycoon Niranjan Hiranandani has said developers are facing various issues such as delay in clearances.
The Reserve Bank's new norms on individual housing loans is expected to give a strong fillip to the housing loan market in India, says a Bank of America Merrill Lynch report.
The promoters will re-invest a significant part of the amount realised from the sale in DLF Ltd.
Banks can now provide home loans up to 90 percent for properties that cost Rs 30 lakh or below, RBI said Thursday.
Urban Development Ministry has announced the names of 98 cities which would be developed into smart cities having core infrastructure needed to enhance urban living.
The New Delhi Municipal Council (NDMC) has recovered a record property tax collection of over Rs 290 crore during the current financial year so far, the highest figure in the last five years.
Realty firm Parsvnath Developers' shareholders have approved the company's special resolution to raise up to Rs 1,000 crore through private placement of non-convertible debentures (NCDs).
Realty major DLF on Saturday said its board will meet on October 8 to discuss the recommendations made by a committee on ways to drive the growth of company's rental business worth Rs 2,400 crore.
Housing.Com, one of the leading real estate platforms, and the Confederation of Real Estate Developers' Associations of India (Credai), India's apex real estate body, Friday signed a memorandum of understanding (MoU) for an exclusive partnership for three years.
The Gulf Cooperation Council (GCC) region has been named the most safe and secure place for expatriate professionals, according to a survey.