Indian road Ministry plans investment of Rs 2.64 lakh crore on highways

Indian road Ministry plans investment of Rs 2.64 lakh crore on highways
Indian government is looking at an investment of over 2.64 lakh crore in the road sector in the next five years. For this over 65% will come from the private sector. Mr.C P Joshi, Road Transport and Highways minister , said, “The pace of infrastructure development needs acce…
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Developer to refund Rs 12 lakh to customer

Developer to refund Rs 12 lakh to customer
TANEJA GROUP's a flagship company, Taneja Developers and Infrastructures (TDI) Ltd guilty of unfair trade practice, UT district consumer disputes redressal forum has directed the developer to refund Rs 12 lakh to a complainant. Chanchal Narang, resident of Sector 4, Pa…
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Unauthorised construction on government land - Buyers very Beware

Unauthorised construction on government land - Buyers very Beware
Unauthorised construction:  255 flats on Tamilnadu government land - Buyers very Beware The Tamilnadu capital Chennai Virugambakkam (on Reddy Street) a big  residential complex of  nearly 255 apartments. It has been deemed an “unauthorised construction” by the Madras high c…
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What is meant by Real estate inventory -India

What is meant by Real estate inventory -India
According to a report by Standard Chartered Bank on the Indian real estate sector, the pan-India residential inventory level during 2011 March year was lowest in the last 3 years. In other words, there were more buyers in the market in March in the last three years (2010, …
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Real estate inventory Means

According to a recent report by Standard Chartered Bank on the real estate sector, the pan-India residential inventory level during 2011 March year was lowest in the past three years. In other words, there were more buyers in the market in March in the last three years. Ho…
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SEBI announces norms for Infra Debt Fund

SEBI  announces norms for Infra Debt Fund
Indian Stock market regulator the SEBI (Securities and Exchange Board of India) came out with guidelines for infrastructure debt fund (IDF), which can be set up by any existing mutual fund or a company which have been engaged in financing the sector for 5 years. SEBI chair…
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Sebi announces norms for infra debt fund

Sebi announces norms for infra debt fund
Indian Stock market regulator the SEBI (Securities and Exchange Board of India) came out with guidelines for infrastructure debt fund (IDF), which can be set up by any existing mutual fund or a company which have been engaged in financing the sector for 5 years. SEBI chairm…
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Hotel Leelaventure forays into real estate

Hotel Leelaventure forays into real estate
Hotel Leelaventure expects to realise about Rs 150 crore by monetising its land adjacent to its Bangalore property, The Leela Palace Bangalore. The company informed the BSE (Bombay Stock Exchange) that it has executed a joint development agreement with Bangalore based devel…
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RBI key rate hike will hit real estate sector - CREDAI

RBI key rate hike will hit real estate sector - CREDAI
The Indian real estate industry is caught in a pincer attack after the Reserve Bank hoisted the policy rate by 0.5 percentage point more this week. Consumers are expected to buy less because home loans are expensive, while builders will charge more because corporate borrowi…
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Nilkamal forays into realty : Constructing low cost homes

Leading manufacturer of plastic furniture company, Nilkamal is entering construction business. Nilkamal will soon start constructing low-cost houses under government-funded projects. It has bagged three low-cost housing projects and will use monolithic construction for thes…
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BSE releases list of 25 stocks available for T+0 settlement starting March 28, 2024

BSE releases list of 25 stocks available for T+0 settlement starting March 28, 2024