NATIONAL REAL ESTATE DEVELOPMENT COUNCIL
NCLAT asks DLF to register transfer of shares to investor's legal heirs, imposes cost of Rs 5 lakh
"We note that the appellant (DLF) is a listed company in real estate and is very well aware of legal formalities. By insisting affidavit and indemnity bond again and again, in spite of Letter of Administration issued clearly establish that the Appellants (DLF and Rajdhani Investments) are harassing the poor investors," said a three-member NCLAT bench.
High-rises account for over 50% of 1,816 housing projects launched across 7 big cities in 2019
Of total 1,816 projects launched in 2019 acros...
Office space absorption in top 6 cities up 22%: Report
According to consultancy firm Savills India’s report, 2020 is expected to witness stro...
Easynomics: India needs a vibrant real estate and construction sector
What this basically tells us is that any construction doesn’t just benefit the builder or the company carrying out that construction, but many other companies and tradesmen involved with the construction. In the Indian case any construction leads to creation of jobs for a huge number of manual labour.
Real estate developer launches property exchange app
While we are not eliminating property consultants from the system, we are opening a platform that would bring in more transparency and customer control, said Hardeepsinh Rana, COO of Bada Property Exchange.
Maradu flats demolition: Restoring the faith of homebuyers
It could have been avoided if there was a detailed coastal zone map, which clearly identified such areas in municipal areas and panchayats in the district.
China and Myanmar 'stand together' despite Rohingya backlash
A 2017 military crackdown on the Muslim minority, which UN investigators have called genocide, forced some 740,000 people over the border into Bangladesh. Beijing has stood strongly beside Myanmar and the Asian giant is now the country's largest investor even as distrust of its ambitions lingers among the public.
Stock market update: Realty shares rise; Prestige Estates climbs 4%
The Nifty Realty index was trading 0.33 per cent up at 321.95 .
Real estate sector sentiments revive to optimistic zone in Dec quarter: Report
The real estate sector has been under pressure for over three years now.
China defends raising Kashmir issue at UNSC to de-escalate Indo-Pak tensions
China's comments came a day after India asserted that Beijing's latest attempt to raise the Kashmir issue at the UNSC on Pakistan's behalf has failed, with an overwhelming majority of the 15-member body expressing the view that it was not the right forum to discuss the bilateral issue between India and Pakistan.
Housing ministry launches e-commerce platform for real estate sector
Housing ministry launched an e-commerce platform to facilitate homebuyers in identifying genuine properties.
Stock market update: Realty shares gain; Prestige Estates jumps 6%
The Nifty Realty index was trading 1.64 per cent up at 321.95 .
Kashmir issue should not be discussed at any common platform: Russian Foreign Minister
His made remarks at a press meet in Moscow responding to a query sent by ET on Russia's position on repeated attempts to discuss Kashmir issue at the UN Security Council despite failure at first meeting in August 2019. Lavrov visited Delhi earlier this week. The comments hold significance after yet another Chinese attempt at UNSC to internationalise issue fell flat.
Ministry of Housing and Urban Affairs wants real estate portal for transaction to become ‘Amazon’ of the sector
The ministry hopes that it will bring the trust back in the real estate sector. Just like the ‘Amazon’ is trusted, the ministry wants the new portal to be one-stop for all housing-related requirements. The portal ‘HousingForAll.Com’, will help buyers in accessing best priced inventory by builders for a limited time to take full advantage of best pricing.
Real estate market sentiment revives after 2 quarters; outlook back to ‘optimistic’ zone: Report
“The real estate sector sentiments have shown improvement in its current as well as expected outlook for the market in Q4 2019,” said Shishir Baijal, Chairman and Managing Director of Knight Frank India.
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