The Godrej family has agreed to a six-year non-compete clause, except for real estate, following a split. Brand rights have been divided among family members.
Experts warn that proposed VAT increase in Kerala's 2013 budget could lead to higher construction material costs, impacting overall property prices in the real estate sector.
Mangalore real estate firms commit to booking prices despite rising costs and dipping ROI.
The cement industry faces challenges due to rising input costs, decreased market demand, and increased capacity, resulting in projected growth below 10%.
Real estate firms call for tax cuts and controlled material prices in the upcoming budget to stimulate the struggling sector and benefit buyers.