India to notify Real Estate Act soon
NEW DELHI (INDIA): The government of India will notify the rules of the Real Estate Act soon, moving another step toward operationalising the legislation which seeks to regulate the housing sector,… Read more »
Monthly Archives: October 2016
Delhiites can lodge online complaints against unauthorised construction
NEW DELHI (INDIA): It would soon be possible for Delhiites to lodge online complaints against unauthorised construction in the city from the comfort of their homes. A website to facilitate… Read more »
Andhra Pradesh Chief Minister promises to build Amaravati by next year
AMARAVATI (INDIA): Advancing the deadline for construction of the Andhra Pradesh’s new capital city by a year, Chief Minister N Chandrababu Naidu today promised to build Amaravati by Vijaya Dasami… Read more »
W Hotels eyes its first property in India in November
NEW DELHI (INDIA): W Hotels Worldwide plans to open its first hotel in India, W Goa, in early November, as it seeks to expand its global portfolio to 75 properties… Read more »
100% rural electrification to be achieved by 2017: India
NEW DELHI (INDIA): The two-day Conference of State Power, New & Renewable Energy & Mines Ministers concluded in Vadodara, Gujarat today. It was attended by Ministers and senior Officials from… Read more »
Mara Delta to buy $40m coastal resort in Mauritius
BY ALISTAIR ANDERSON MARA Delta has concluded its first hospitality deal, acquiring the Tamassa Resort, located in Bel Ombre on the southwestern coast of Mauritius, through a sale and leaseback… Read more »
Rajesh Lifespaces raises Rs 100 crore from Altico Capital
NEW DELHI (INDIA): Realty developer Rajesh Lifespaces has raised Rs 100 crore from Altico Capital, a non-banking finance company (NBFC), for a residential project. “Rajesh Lifespaces raised Rs 100 crore… Read more »
China property bubble could cost banks $600 billion in bad debts
By Lianting Tu China watchers are starting to put a price tag on what any collapse in the nation’s red-hot property market could cost banks. A drop of 30 per… Read more »
Three more Chinese cities set new curbs on home-buying to prevent bubble
BY Clare Jim HONG KONG: Two cities in China’s southern Guangdong province and the southeast city of Fuzhou imposed new home buying restrictions on Thursday aimed at preventing a property… Read more »
Maharashtra becomes 17th State to join UDAY: an overall net benefit of Rs. 9725 crore to accrue to State
NEW DELHI (INDIA): Government of India signed a Memorandum of Understanding (MOU) with Government of Maharashtra and Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) under the Ujwal DISCOM Assurance Yojana… Read more »