Norwegian new home sales fall as property market cools
By: Camilla Knudsen OSLO: Sales of new homes in Norway fell by 13 percent in the first half of 2017, a constructors’ group said on Tuesday, as government efforts to… Read more »
Daily Archives: August 9, 2017
Maharashtra industries dept denotified land to benefit builders
MUMBAI (INDIA): The Opposition Congress and NCP in the Maharashtra Assembly on Tuesday alleged that the state industries department has denotified 12,429 hectares of land to “benefit” some builders. The… Read more »
Orient Cement to raise Rs 500 crore
NEW DELHI (INDIA): Orient Cement Ltd today said it is planning to raise Rs 500 crore from the market through qualified institutional placements, equity shares or through other securities. The… Read more »
Bankers review progress of 12 large NPA accounts under IBC
MUMBAI (INDIA): Leading bankers today reviewed the progress on the 12 large stressed accounts named by the Reserve Bank resolution for action under the Insolvency and Bankruptcy Code (IBC) here…. Read more »
Sabarimala airport: Kerala to identify consultant for feasibility study
THIRUVANANTHAPURAM (INDIA): Moving a step forward for the ambitious Sabarimala airport project, Kerala government on Monday said that the process of identifying a consultant to conduct a feasibility study for… Read more »
CCI rejects complaint against realty firm SJR Enterprises
NEW DELHI (INDIA): The Competition Commission of India (CCI) on Tuesday dismissed allegations of abuse of dominance against Karnataka-based realty firm SJR Enterprises with regard to a residential project in… Read more »
Delhi High Court asks AAP government, agencies to remove encroachers from 990 Waqf properties
NEW DELHI (INDIA): The Delhi High Court on Wednesday asked the Aam Aadmi Party (AAP) government and other agencies to enforce the pending eviction orders against encroachers of 990 Waqf… Read more »
China banking regulator says property loan risks under control
BEIJING: Risks surrounding China’s real estate loans are under control, the country’s banking regulator said on Tuesday. The non-performing property loan ratio was only at 0.49 % by end of… Read more »
Santander seals biggest sale yet of Spanish property
By: John O’Donnell FRANKFURT: Spanish bank Santander has sold control of property worth 10 billion euros ($12 billion) to U.S. investor Blackstone Group, following its rescue of Banco Popular. The… Read more »
Avanta announces expansion plans in Mumbai
NEW DELHI: Avanta India, the leading business center services provider in the Delhi-NCR region, plans to expand its operations to the ‘dream city’ of Mumbai. Initially, the company is looking… Read more »