DLF’s audit panel to review progress of promoter stake sale
NEW DELHI (INDIA): An audit committee of realty major DLF’s board of directors will meet today to review the progress of promoters’ proposed stake sale in its rental arm, a… Read more »
Monthly Archives: October 2016
Sebi case: Sahara to deposit Rs 200 crore, seeks early hearing
NEW DELHI (INDIA): Sahara Group on Thursday told the Supreme Court of India (SCI) that it would deposit Rs 200 crore with market regulator SEBI in pursuance of an earlier… Read more »
NBCC stake sale: Institutions put in bids worth Rs 2,700 crore
NEW DELHI (INDIA): State-owned National Buildings Construction Corporation’s (NBCC) share sale yesterday garnered 1.54 times subscription from institutional buyers, who put in bids totalling more than Rs 2,700 crore. The… Read more »
LIC Housing Finance Q2 net up 20% to Rs 494.76 crore
NEW DELHI (INDIA): LIC Housing Finance has reported an increase of 20.2 per cent in net profit at Rs 494.76 crore for the second quarter ended September 30. Company’s net… Read more »
World’s slum dwellers, homeless must be protected with right to housing: UN expert
By Paola Totaro QUITO: The right to adequate housing must be adopted formally as a human right – internationally and at country level – as the world grapples with the… Read more »
Vancouver builders say foreigner tax hits houses more than condos
By Nicole Mordant VANCOUVER: A tax on foreign buyers aimed at cooling Canada’s priciest property market has forced some developers and builders of detached Vancouver homes to hit the pause… Read more »
Shanghai should keep tight grip on real estate lending:Central bank branch
By: Winni Zhou\ John Ruwitch SHANGHAI: Commercial banks in Shanghai should continue strictly implementing a tight policy on real estate lending, the Shanghai branch of China’s central bank said on… Read more »
Hungarian central bank flags concern over Budapest house price surge
By Krisztina Than BUDAPEST: House prices in Budapest have surged about 50 percent in the past two years, warranting a close monitoring of the housing market, the National Bank of… Read more »
U.S. single-family house building jumps in Sept, building permits up also
By Lucia Mutikani WASHINGTON: The construction of U.S. single-family housing surged in September, though a drop in apartment building pushed overall home building activity to an 18 month low. But… Read more »
US home construction fell 9% in September
WASHINGTON: Homebuilders pulled back on construction for a second straight month in September, with a plunge in apartments offsetting gains in single-family homes. Building activity was weak in all parts… Read more »