Government says $5mn FDI in construction must come in 6 months of nod
Government on Friday said foreign companies investing in the construction sector will have to bring in a minimum of USD 5 million within six months of the date of approval of the building plan.
Mar 13, 2015, 15:46 PM ISTPride Asia: Parsvnath returns land, CHB gives Rs 567 crore
The curtains on much-publicised integrated township project 'Pride Asia' promoted by realty firm Parsvnath Developers in collaboration with Chandigarh Housing Board finally came down with later agreeing to refund the award money and former returning the land.
Feb 04, 2015, 21:52 PM ISTCCI pulls up builders for exploiting buyers; but lets them off
Coming hard on real estate players across-the-board for "exploitative conduct" and unfair trade practices, the Competition Commission on Wednesday asked them to mend their ways, but stopped short of penalising them due to lack of evidence.
Feb 04, 2015, 20:42 PM ISTCCI order related to realty sector likely in 2-3 weeks: Chawla
The Competition Commission is likely to pass its ruling in next two to three weeks on the alleged unfair business ways in the realty space, a case where about 20 entities came under the regulator's scanner.
Jan 19, 2015, 15:24 PM ISTCCI order soon on case related to unfair ways in realty sector
Competition Commission is expected to soon finalise its order on alleged unfair business practices in the realty sector, a matter where around 20 entities have come under its scanner.
Jan 18, 2015, 12:24 PM ISTSterling Holiday to invest Rs 200cr; developing 3 new resorts
Sterling Holiday Resorts, a unit of Thomas Cook India, has said it will be investing about Rs 200 crore to refurbish the existing properties in the country.
Oct 06, 2014, 21:06 PM ISTTaxation, regulatory issues may trip REITs success: KPMG-IVCA
Real Estate Investment Trusts (REITs) could be a game changer for the realty sector, but lack of clarity on taxation and regulatory aspects might act as roadblocks for attracting foreign investments in the commercial space, a report says.
Sep 19, 2014, 21:11 PM IST'Hiring activity improving; e-commerce, realty lead the trend'
After almost two years, the Indian job market is showing signs of improvement as more than half of the companies surveyed said they are currently on a hiring mode, according to search and selection specialist Antal International.
Sep 16, 2014, 16:42 PM ISTRealty space to get boost with rise in FDI: Report
As per DIPP data, FDI into construction sector declined to about USD 1.3 billion between April 2013 and February 2014.
Jun 28, 2014, 13:11 PM IST