A ‘black money bonhomie’ has come under the scanner involving builders, brokers and Bollywood entities as a multi-agency probe gets underway to pierce the corporate veil of hundreds of suspected… Read more »
NEW DELHI (INDIA): “What we have done to this city is a criminal act,” an anguished Delhi High Court has said while strongly deploring alleged encroachments of forest land in… Read more »
MUMBAI (INDIA): The Maharashtra exchequer suffered a big revenue loss due to undervaluation of property resulting in lower stamp duty and registration fee during 2015-16, says a report of the… Read more »
NEW DELHI (INDIA): The government of India is exploring if it was legally tenable to sell other assets of debt-ridden Jaypee Infratech to raise money to complete pending housing projects… Read more »
DUBAI: Dubai developer Emaar Properties has posted USD 772 million in net profits for the first half of 2017 and laid out plans to spin off its domestic real estate… Read more »
NEW DELHI (INDIA): A Supreme Court of India (SCI)-ordered auction process has begun for the embattled Sahara group’s luxurious Aamby Valley resort town, with the official liquidator inviting bids at… Read more »
HYDERABAD (INDIA): The Telangana Builders Federation (TBF) hasrequested the state government to cut stamp duty and sought exemption from mortgage clause to boost the construction industry in the state. “Our… Read more »
NEW DELHI (INDIA): The Competition Commission of India (CCI) has dismissed allegations of abuse of dominant position against realty firm Tata Housing Development Co Ltd (THDCL) with regard to sale… Read more »
NEW DELHI (INDIA): Speedy steps are being taken against shell companies but a balance needs to be maintained between the ease of doing business and ensuring that the firms are… Read more »
BEIJING: China’s e-commerce giant Alibaba has signed an agreement with its home city government in Zhejiang province to use the company’s technology to create an online system for house rentals…. Read more »