Today’s Top Real Estate Stories

  • Strict conditions stall Taj Mansingh auction
    Under the existing conditions, only a handful of hospitality players like ITC, Oberoi and Taj could have bid for the hotel... Read more »
  • SC seeks explanation from civic bodies for not taking action against illegal constructions in Delhi
    A bench of Justices Madan B Lokur and Deepak Gupta directed MCD, NDMC, DDA, Land and Development Office (L&DO) to file their response after senior advocate Ranjit Kumar... Read more »
  • Blackstone in talks to buy L&T's commercial property portfolio for Rs 2,300 crore
    This portfolio of the real estate arm of engineering major Larsen & Toubro includes about 8 lakh sq ft of fully-leased commercial tower at the L&T premise in Powai suburb... Read more »
  • Regulatory transitions pave way for realty sector’s consolidation: ICRA
    The year 2017 for the real estate sector would be defined by the various regulatory transitions witnessed... Read more »
  • MahaRERA to issue notice for property brokers’ registration soon
    Crebai members, however, said with nearly 80% of the brokers dealing with secondary or re-sale property, there is a hesitation among them for the registration... Read more »
  • Govt may use land of sick PSEs for affordable housing
    A senior government official confirmed the development and said some of the projects would be completed before 2022... Read more »
  • Tata-backed Resurgent bids for power assets of Jaypee
    Two Middle East sovereign funds — Kuwait Investment Authority and Oman State General Reserve — and Canadian pension fund CDPQ jointly own 65% in Resurgent Power... Read more »
  • Govt panel's proposal to end MAT on SEZs under review
    Tax experts said removal of MAT would boost business sentiment. “Ideally, MAT should not be levied on SEZ units, as it’s against the very concept of providing tax concession to the industry... Read more »
  • This could be the turnaround year for real estate. Here's why
    A Delhi-based employee of a public sector company, who prefers to be called Roy, was due to retire in 2011. With both his daughters settled, he had hoped to move into a home with his wife of 40 years... Read more »
  • Submit safety plan for Parel towers, chief fire officer told
    A division bench of Justice Abhay Oka and Justice Pradeep Deshmukh was hearing petitions on alleged unauthorised constructions at Ashok Towers in Parel... Read more »

Leave a Reply

Your email address will not be published. Required fields are marked *