Income Tax officials seized large amounts of cash from Lodha Group employees, following previous raids and tax requests, highlighting ongoing investigations into financial misconduct.
Puravankara Projects Ltd. may enter the hospitality sector in 6-8 months, but is currently focused on residential projects, particularly in South India.
In March, India's foreign direct investment fell 11% year-on-year to $1.07 billion, highlighting the need for policy improvements amidst declining FDI trends.
Supreme Court queries Sahara group on fundraising schemes, seeks guidelines and agent list by Thursday
Govt approves 21 FDI proposals worth ₹1,027cr, including ACB India & Oriental Tollways
I-T officials uncover shady real estate dealings in Ahmedabad, focusing on brokers and undisclosed income during recent raids.
CREDAI presented an action plan to address corruption in the real estate sector to the Union Urban Development Minister. They highlighted the damaging impact of corrupt practices on the industry's reputation and called for government support in streamlining approvals and reducing delays.
CREDAI introduces a new transparency system for Chhattisgarh real estate developers, focusing on clear dealings, consumer redressal, and adherence to a code of conduct.
DB Realty faces changes in its board as Michael McCook resigns and new directors KM Goenka and Usman Balwa are appointed amid ongoing legal issues related to the 2G scam.
Brand Capital has appointed Knight Frank India to oversee its INR5 billion real estate portfolio, marking a significant first for corporate asset management.
Better Option Propmart to launch 30 'BOP studio' real estate boutiques across Indian cities, offering free guidance and counseling to customers.
Ashiana Housing Ltd, a Delhi-based real estate company, featured in Forbes' 2010 'Asia's Best Under A Billion' list, one of only 5 real estate firms selected across Asia.
Navin Fluorine International awarded 2/5 stars by CRISIL Equities, citing moderate fundamentals due to stagnation in main business lines.
Real estate CEOs in India are opting for modest pay increases this year compared to past trends, reflecting a shift in industry compensation practices.
India Steel Works to sell 2-acre Navi Mumbai plot to unlock value and reduce Rs 70 cr debt by half.
Indiabulls Real Estate shares rise 3% after winning NTC's Bharat Textile Mills bid for Rs. 1505 cr
Tata Capital and Mizuho Securities collaborate to establish a $500 million India-focused private equity fund, attracting global investors.
Crisil introduces real estate ratings to aid buyers in making informed decisions. The rating system assesses various parameters and will cover 21 projects across Tier-I and II cities.
Having a website is crucial for realty businesses, with 2/3 buyers searching online for their dream home. A well-designed site can serve as a 24/7 salesperson with minimal investment.
Brigade Enterprises to raise ₹750cr via FCCBs, ADRs, or GDRs for land acquisition, debt clearance, and more.
Godrej Properties Reduces Net Debt to Rs. 4 Billion, Achieves Comfortable Debt-Equity Ratio
Lutron, a global lighting controls major, plans to enter the residential apartment market in India. The company aims to double its business in the next few years, despite market challenges.
Embassy Property Developers plans to raise $513 million through an IPO, according to their filed prospectus. Pre-IPO placement and retail investor discounts are also being considered.
Embassy Developers plans to raise over 513 million US Dollars through an IPO, with pre-IPO placements and potential discounts for retail investors, according to their prospectus.
The Indian Real Estate market is set to flourish with new policies and significant foreign investment paving the way for unprecedented growth.
