Tata Housing moves SC against stay
Chandigarh: Tata Housing Development Company Ltd has moved the Supreme Court challenging the high court’s stay on its Camelot housing project. A division bench headed by Justice D K Jain has issued notices to advocate Aalok Jagga, the petitioner who filed the PIL, which lead to the stay order on January 20 last year. In [...]
Ireo to set up integrated township in Panchkula
Ireo, the theprivate equity fund dedicated to the Indian real estate sector today announced the launch of its new integrated township project “ IREO – Fiveriver ” . Spread over a sprawling 200 acres, the project is located in Panchkula, on the outskirts of Chandigarh. Ireo Fiveriver has a unique mix of recreational and wellness [...]
MagicBricks.com presents Virtual Property Expo for NRIs
For the First time ever, MagicBricks.com, a leading real estate portal, is putting up a virtual property fair from November 28 to December 18, 2011, at IndiaCalling.MagicBricks.com. The virtual property expo has been organised for NRIs residing in the USA. At the India Calling – Virtual Property Expo, users can browse through the many projects [...]
Uproar in Parliament over Govt’s Decision to allow FDI in Retail
The Lok Sabha and the Rajya Sabha were adjourned till noon, minutes after the two Houses gathered on Monday, as a united opposition created uproar over government’s decision to allow FDI in retail. The opposition members were up on their feet shouting slogans against the government. In Lok Sabha, plea for calm by Speaker Meira [...]
DLF hopes to reduce debt to Rs 10,000 cr in two years
NEW DELHI: The country’s largest realty firm DLF expects to pare its debt burden of over Rs 22,500 crore to less than half in the next two years. As part of the strategy to bring down its total debt to about Rs 10,000 crore by 2013, the firm is closing in on a few deals [...]
Delhi Based Developer Ansal API Coming up with Mega City ‘Sushant Megapolis’ in NCR
New Delhi-based real estate developer, Ansal API is coming up with Sushant Megapolis, a 2,504-acre mega-city in Gautam Budh Nagar, adjoining Greater Noida, Uttar Pradesh. The first phase of the project measuring around 500-acre was launched in July 2008 and now the company has launched the second phase measuring around 600-plus acre. The project consists [...]