LIC HFL Property Fair, Chennai - V. K Sharma

LIC Housing Finance and other major builders and promoters have come together to come up with a new mega property fair in Chennai called Ungal Illam 2011.  The venue of the fair is at Rani Meyyammai Hall at Egmore.  This fair is in association with builders like Jain Hou…

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Sterling Holiday Resorts new MD Ramesh Ramanathan

Sterling Holiday Resorts India Ltd has announced the appointment of  Mr. Ramesh Ramanathan as its new managing director. Ramanathan was heading Mahindra Holidays and Resorts India Ltd and was also on the Group Executive Board of the Mahindra group. Ramanathan would be respo…

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Realty Regulatory Bill to be brought in monsoon session

The Maharashtra government is contemplating introducing a Real Estate Regulatory Authority Bill in the ensuing monsoon session of the State Legislature beginning later this month. The Authority will be an autonomous body with civil judicial powers headed by a retired judge …

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Jones Lang LaSalle India launches Corporate Finance division

Inida's largest international property consultancy company Jones Lang LaSalle (JLL) India, has launched Corporate Finance division. JLL Corporate Finance will address the requirements of corporates, which are not in the business of real estate to make informed decisions…

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Dubai attracting more Indian real estate investors

Recent years, property prices escalating very sharply in Indian cities like Chennai, Mumbai and Delhi, many Indians are looking at investing in Dubai. In Dubai property prices after a steep correction seems to have stabalised in some prime areas. Sources said, ''Ind…

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Special cells to act on land grabbing complaints: Tamilnadu CM

As the Tamil Nadu police has been flooded with thousands of complaints of land grabbing and forcible selling during the previous DMK Regime, AIADMK Supremo and Tamil Nadu Chief Minister J Jayalalithaa announced setting up of Special Cells to take action on the complaints an…

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Expand corporation limits : Realty Business in Coimbatore suburbs

The State government (Tamilnadu) planning to expand the Coimbatore corporation limits. Beacuse of that, land prices have skyrocketed in most areas of Kovai. especially in the north and east of city in the last few years. Many IT companies and manufacturing firms setting up …

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Unitech, Arihant launch apartments in Chennai

Realty firm Unitech has joined hands with Chennai-based Arihant Foundations & Housing to promote North Town in Perambur, forming part of north Chennai region. North Town is being developed over 70 acres, which formed part of the erstwhile mill operations of historical B…

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JSW Steel Jindal buys India's costliest houser

JSW Steel  Sajjan Jindal buys India's costliest house  Rs 400 cr  The owner of India's third-largest steel company by revenues, Mr. Sajjan Jindal, has acquired a 3-storey bungalow spread over an acre.  It's cost about for Rs 400 crore, in what is possibly the pric…

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New Pension Scheme may get revamped soon

Indian government boost the NPS ( New Pension Scheme ). Because of that PFRDA (Pension Fund Regulatory and Development Authority). has set up an expert panel. The committee chaired by former SEBI Chairman Mr. G.N. Bajpai. According to the expert panel recommendations, ther…

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