Punjab realtors say no to corruption

Inspired by Mr.Anna Hazare's anti-corruption movement, major  real estate developers of Punjab have announced not to pay bribes to government officials in future for getting their projects approved or for other related issues. Punjab chapter of Confederation of Real Est…

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Price set to rise in real estate sector in TN : Chitty Babu, CREDAI

Despite strong growth potential for real estate in Tamil Nadu, the price per square foot is set to rise in the next two three months as the industry is reeling under a crisis, including high input costs, a top industry official said today. Mr. T Chitty Babu, CREDAI (Confed…

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Punjab Real Estate Developers say no to corruption

Inspired by Anna Hazare's anti-corruption movement, major real estate developers of Punjab have announced not to pay bribes to government officials in future for getting their projects approved or for other related issues. Punjab chapter of Confederation of Real Estate…

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Northeast Realty Expo 2011 gets under way

Mr.Tarun Gogoi, Chief Minister of Assam inaugurated the ‘Northeast Realty Expo 2011’ at the Maniram Dewan Trade Centre in Guwahati. The real estate event  organised jointly by the Assam Real Estate & Infrastructure Developers’ Association (AREIDA), and the Hindi daily D…

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Why a housing loan cover?

Owning a house is one a very important financial planning decisions that one makes during his/her lifetime. With the easy availability of home loans, it is not difficult for individuals to realise their dream of purchasing their own house. Same time, with the equated monthl…

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More cases against DLF pending with CCI

Minimum 10 complaints against India’s largest real estate company DLF Ltd are pending with the Competition Commission of India (CCI ). The new complaint was filed few days ago, before CCI’s Rs. 630-crore penalty on the company last week, which followed a petition from those …

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SEBI to MF distributors : Sell products best suited for investors

The Securities and Exchange Board of India (SEBI) asked distributors to follow the principle of 'appropriateness' of products. This envisages selling only those products which are best suited for investors within a defined upper ceiling of risk appetite. If there ar…

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More cases against DLF pending with Competition Commission

Minimum ten complaints against India’s largest real estate company DLF are pending with the CCI (Competition Commission of India ). The latest complaint was filed few days ago,  before CCI’s Rs 630-crore fine on the company last week, which followed a petition from those w…

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L&T Construction bags Rs 1,340 crore orders

The Indian engineering major L & T Construction had secured new orders worth Rs 1,340 crore in building and factories segment during the second quarter of this 2011-12  fiscal. According to L & T Construction in a statement,  The company has secured new orders aggr…

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After DLF, Competition Commission targets Delhi builders

Recently, The CCI (Competition Commission of India ) dropped a bombshell that shattered the illusion that all was well with listed realty stocks. It fined market leader DLF Rs 630 crore for essentially duping home buyers using its monopoly power. However, it is no one’s ca…

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