The Supreme Court on Friday asked DLF to deposit the balance of a total Rs 630 crore penalty imposed by CCI for allegedly exploiting its dominant position. However, the court allowed the company to pay the remaining amount in installment i.e 75 crore per month.
At least 35 realty developers have been found to be willing to accept black money in property transactions with many suggesting payments abroad to evade the attention of Indian authorities, an investigation portal claimed today.
Seeking "out of the box" ideas from the real estate sector for affordable housing, the Government on Wednesday said it will consider recommendations for investing insurance and pension funds in the sector.
Lok Sabha Speaker Sumitra Mahajan on Saturday asked builders to not shy away from their lawful responsibilities and said they were "lucky" to have a Prime Minister who believes that the underprivileged must get housing within their budget and not as a freebie.
A former secretary of an educational trust was shot dead, following which an FIR has been lodged against seven persons including real estate baron Anil Kumar Sharma in Bihar`s Lakhisarai district, police said on Monday.
A real estate developer has been arrested for his alleged involvement in Monday`s firing at a disputed property here close to the police commissioner`s residence, taking the total number of arrests to 14.