PE, VC investments in real estate touch $2.99 billion in Jan-Aug: IEBF

PE, VC investments in real estate touch $2.99 billion in Jan-Aug: IEBF

PE, VC investments in real estate touch $2.99 billion in Jan-Aug: IEBF

Posted: 08 Nov 2018 04:24 AM PST

IBEF, at its recently held 2018 summit in London, discussed the real estate sector's potential to reach USD 1 trillion by 2030, becoming one of the largest growing sectors in the Indian economy.

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Hyderabad metro's Hi-Tec City stretch to open by Dec-end: Official

Posted: 08 Nov 2018 04:14 AM PST

"Metro work progress is pretty good and it is going as per schedule...before the end of December this year we will start the Ameerpet to Hi-Tec City line," he said.

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Realty reforms boost FIIs investment in the sector

Posted: 08 Nov 2018 03:57 AM PST

The trend clearly indicates their preparedness to participate and assume more risk in Indian real estate given the improvement in transparency and their confidence in the Indian real estate space.

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City survey rejects Nagpur Improvement Trust's claim over land parcel

Posted: 08 Nov 2018 03:37 AM PST

NIT has claimed ownership as well as reservation of veterinary hospital on the land on which a builder — Prayag Developers — is constructing a flat scheme on behalf of owner Nalini Bute.

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NCLT orders Omaxe's associate company to maintain 'status quo' in shareholding & directorship

Posted: 08 Nov 2018 03:27 AM PST

The order came after Sunil Goel, joint managing director of Omaxe, filed a petition in NCLT Delhi alleging that his equity in Buildwell may be diluted.

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Now, landlords in Nashik can provide tenant info via mobile app

Posted: 08 Nov 2018 03:11 AM PST

It will also save workload and manpower of police, facilitate tenant verification fast and with ease and also have the data in digitized form and accessible.

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Andhra Pradesh draws HC ire by using wet land for urban housing

Posted: 08 Nov 2018 02:58 AM PST

The revenue department officials launched land acquisition proceedings for the alleged purpose of constructing houses under the Prime Minister Awas Yojana (PMAY).

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PNB scam: ED attaches 11 properties worth Rs 56 crore of Nirav Modi in Dubai

Posted: 08 Nov 2018 02:49 AM PST

The central probe agency said the assets were in the name of "Modi and his group company M/s Firestar Diamond FZE and they bear a market value of $7.79 million, which is equivalent to Rs 56.8 crore."

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ASF Group to invest Rs 2,500 crore in commercial projects in next 3-5 years

Posted: 08 Nov 2018 02:34 AM PST

The company is coming-up with a mixed-use commercial project of 2 million sqft and a boutique commercial project of about 4 lakh sqft along the Golf Course Road, Gurugram.

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Awfis to triple number of co-working seats to 12,000 in Pune

Posted: 08 Nov 2018 02:24 AM PST

Overall, the company has 55 centres, comprising 25,000 seats, across nine cities. A seat costs anywhere between Rs 5,000 and Rs 15,000 in its centres.

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