The real estate sector in Surat has witnessed a 100% growth in the last 2 years, aided by a number of factors like vertical development, business opportunities & influx of people from other places. Mr. Om Ahuja, CEO (Residential Services), Jones Lang Lasalle (JLL) India ,…
Endorse Limca for Rs. 2.5 cr : Coke Ropes in Kareena
Coca-Cola has roped in actress Kareena Kapoor to endorse its drink Limca for about Rs. 2.5 crore per year. The deal has been signed for 2 years. Coca-Cola, which dropped Akshay Kumar for Thums Up earlier this year, now has 2 top-notch celebrity endorsers - cricketer Sachin T…
Set up Body to Regulate MLM : Finance Ministry Nod
According to IDSA (Indian Direct Selling Association), the finance ministry on recenlty gave its nod to set up a central agency to regulate the MLM (multi-level marketing) sector after several incidents duping consumers have come to light. Mr. Chavi Hemanth, Secretary-Gene…
DLF Ltd : Target price: Rs 265
India's largest real estate company DLF Ltd is set to witness improvement in operations in 2012-13, with strong visibility of launches, robust demand & execution ramp-up shortening cash conversion cycle.
Analysts expect positive operational surplus (post interest)…
1075 Sq.ft home in Mumbai: Valued at 308 times average Indian annual income
The average Indian would need to work for about 3 centuries to pay for a luxury home in Mumbai, making that city the least affordable in the world for locals,
100 square meter (1076 square feet) luxury residence in Mumbai costs about $11.40 lakh (about Rs 5,8 crore), or 30…
How do convert square meter to square feet.?
Square feet is used mostly in real estate, architecture & interior space plans. The abbreviations for square feet are "sq ft" and "ft2". Square meter is an area unit in metric system and used widely in measuring the small lands, floor plans etc. Comm…
Vasathi Housing : Gated Community Project for Urban Middle Class
The Hyderabad based real estate developer, Vasathi Housing Ltd has announced the launch of a new gated community project in Hyderabad catering to the urban middle class, which the company describes as “affordable luxury housing.” The project name is Vasathi Navya .
Vasath…
Using Aadhaar as KYC norm: Can save Rs 1,000 Cr
Indian telecom companies can save over Rs. 1,000 crore every year, provided they use Aadhaar authentication to verify identity and address of their prospective subscribers, says a study by the UIDAI (Unique Identification of Authority of India). Leveraging Aadhaar in Telecom…
Competition Commission of India : Final Report on Cement Cartel
The Competition Commission of India (CCI) will take at least 15 days (About 2 weeks) time to come out with its final report on alleged cartelisation by about 40 cement companies in India.
A senior CCI member, said, ''There will be 2 to 3 meetings of the members. S…
New Maharashtra Housing Bill : Make House Buying More Transparent
The Maharashtra Housing Regulation and Development Bill, which was introduced in the state Legislative Assembly on recently. It aims at protecting the interest of flat purchasers & usher in transparency and discipline in transaction of flats by putting a check on malp…
