Housing.com revenues double in FY18
NEW DELHI: News Corp-backed realty portal Housing.com’s revenue more than doubled last fiscal year, helping it become one of the top three players in the real estate classified business, a… Read more »
Monthly Archives: August 2018
Ghaziabad civic body to start sealing, demolition of illegal buildings
GHAZIABAD: The Ghaziabad Development Authority (GDA) will launch a massive demolition drive against illegally constructed buildings here from today even as it has so far demolished 27 such structures. In… Read more »
Mumbaikars take up self-redevelopment of old apartments
MUMBAI: In a new initiative, a number of cooperative housing societies in Mumbai have taken it upon themselves the task of redeveloping their apartments. The Mumbai District Central Cooperative Bank… Read more »
Indo Innovations launches new bistro seating range
NEW DELHI:Delhi based office furniture manufacturer Indo Innovations said that it has launched their premium bistro seating range in India. The new premium and modern range of bistro furniture is… Read more »
Omkar Realtors to invest Rs 700 crore on 2nd phase of Mumbai slum redevelopment project
NEW DELHI: Mumbai-based Omkar Realtors said it will invest about Rs 700 crore to develop the second phase of its new mixed-use housing project at Andheri in Mumbai. The company… Read more »
DLF to offer only completed flats; to remove delivery uncertainty
NEW DELHI: As part of its new business model, DLF will sell apartments only when it gets occupancy certificate after completing the project so as to remove any uncertainty regarding… Read more »
Parliament passes bill to amend Insolvency and Bankruptcy Code
NEW DELHI: A bill to amend the Insolvency and Bankruptcy Code (IBC) 2016, allowing home buyers to be treated as financial creditors and seeking to set up a special dispensation… Read more »
NCLAT upholds Bhushan Steel sale to Tata Steel, rejects issues over its ineligibility
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Friday upheld the sale of Bhushan Steel to Tata Steel, rejecting allegations of its ineligibility by the promoters of the… Read more »
PACL case: SEBI panel asks investors to produce original doucments for refunds
NEW DELHI: Markets regulator Securities and Exchange Board of India (SEBI) on Friday said investors in illegal schemes of PACL group having claims of not more than Rs 2,500 have… Read more »
DLF’s Q1 consolidated net profit up 58%
MUMBAI: Real Estate major DLF has reported a 58 per cent rise in its consolidated net profit to Rs 172.44 crore in the quarter ended June 30, 2018. The real… Read more »