Thursday , 7 July 2022
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Real Estate

Hrithik’s Ex-Wife Sussanne Khan Sued For 15 Cr by Real Estate Firm

Image courtesy: suzkr. HIGHLIGHTS Mudith Gupta of Emgee Properties filed the suit against Ms Khan Emgee Properties has already filed a complaint with Panaji police Ms Khan has challenged the FIR before Goa Bench of the Bombay High Court A defamation suit seeking Rs 15 crore as damage was filed today against actor Hrithik Roshan’s former wife Sussanne Khan by ... Read More »

Once Red-Hot, UK Real Estate Investments Run Into Trouble

A general view shows a construction site in London. Image: Reuters London: Commercial real estate has hit the headlines this week, a victim of the recent Brexit vote which has left over $20 billion trapped in funds that not long ago promised investors a slice of London’s red-hot property market Money placed in real estate vehicles managed by big asset ... Read More »

Hyderabad Office Space Leasing Up 55% In January-June: Realty Consultant

Representational image HIGHLIGHTS Hyderabad witnesses strong demand for space from IT-ITeS companies Space leasing rose to 2.9 million square feet in first half of 2016 Competitive rentals, quality infrastructure have attracted companies New Delhi: Hyderabad saw a maximum increase of 55 per cent in net office space absorption in the January-June period among eight top cities on improving business climate ... Read More »

Fair Trade Regulator Rejects Complaint Against DLF

New Delhi: The Competition Commission of India has dismissed allegations that DLF indulged in unfair business ways with regard to sale of a residential plot in Uttar Pradesh after finding that the realty major was not a dominant player in the relevant market. The matter pertained to allotment of a residential plot at the Garden City project at a village in Lucknow district and it was ... Read More »

PE Investment In Retail Real Estate At Rs 1,000 Crore In January-May: Report

New Delhi: Indian retail real estate has become attractive again for global investor as private equity (PE) investment in this segment has reached $149 million in the first five months of this year and likely to break previous record of 2008, according to property consultant JLL. During the entire 2008 calendar year, PE investment in retail real estate stood at ... Read More »

House Price Inflation To Edge Down Further: Nomura

New Delhi: Affordability concerns are likely to dominate the Indian housing sector while prices may face downward pressure despite lower interest rates and aggressive retail lending push by banks, says a Nomura report. According to the Japanese financial services major, elevated housing prices amid a sluggish job market have likely curbed end-user demand. “Even as lower interest rates and an ... Read More »

Donald Trump vs Hillary Clinton Race Is Like Imaginary Past vs Future: Barack Obama

President Obama said he values Hillary Clinton’s experience and judgement. (AFP Photo) WASHINGTON, UNITED STATES:  US President Barack Obama has thrown his weight behind Hillary Clinton as he likened the presidential race between the former Secretary of State and real estate tycoon Donald Trump to a choice between “future and imaginary past”. “This is a choice between whether we are ... Read More »

NBCC Secures Rs 587-Crore Projects In June

New Delhi: State-owned construction firm NBCC on Tuesday said it has bagged projects worth Rs 587.47 crore in June. In a filing to the BSE, NBCC Ltd informed that it has “secured a business of Rs 587.47 crore in the month of June, 2016”. In May, the company had secured business worth Rs 1,900.79 crore in May. NBCC, under the administrative control of the Ministry of Urban ... Read More »

PE Investments Halve In 6 Months; Investors In Wait And Watch Mode

New Delhi: After a ‘dream run’ last year, private equity investments eased in the first half of this year with deals worth $5.8 billion, down nearly 46 per cent as investors went on a ‘wait and watch’ mode. According to News Corp VCCEdge, PE investments in India, excluding real estate, deals worth $10.6 billion were recorded during the January-June period of ... Read More »

Jaypee Hikes Value Of Asset Sale To UltraTech To Rs 16,189 Crore

New Delhi: Faced with lenders invoking the strategic debt restructuring (SDR) option, debt-ridden Jaypee Group on Monday hiked the sale value of 21.2 million tonne per annum (MTPA) cement assets to Aditya Birla Group firm UltraTech to Rs 16,189 crore. The decision was taken on Monday at the board of directors meeting, convened at a short notice, of Japyee Group flagship firm Jaiprakash Associates to discuss the ... Read More »