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Slowing realty industry sees top-level exits
Written by Jayanta Monday, 09 September 2013
( 1 Vote )BANGALORE: Indian real estate sector is seeing top-level exit even as industry grapples with slow sales. In a recent exit, Juggy Marwaha has quit Mantri Developers to join property consultancy firm Jones Lang LaSalle (JLL) India as managing director, south India operations. Marwaha worked with Mantri for 15 months as president leasing and was...Read more... Comments (1)
RE in tailspin amid concerns over oil prices
Written by Jayanta Sunday, 08 September 2013
( 0 Votes )-Tumbles to all-time low of 68.85/$ -India Inc calls for measures such as issuing sovereign guarantee bonds Sanjeev Sharma/TNS New Delhi, August 28 In ominous signs for the economy, the rupee today tumbled to a new lifetime low of 68.85 against the dollar and closed at 68.80, registering its biggest single-day loss of 256 paisa. The rupee’s c...2 months after annoucement, govt yet to revise house tax
Written by Jayanta Sunday, 08 September 2013
( 0 Votes )GURGAON: Weeks past the deadline now, the property tax revision scheme – being prepared by a special committee constituted by the state government – is yet to be implemented. According to officials of the Municipal Corporation of Gurgaon, there haven’t yet been any updates from the authorities on this matter, and no clarity on...Housing prices see downward trends in 22 major cities: National Housing Bank
Written by Jayanta Saturday, 07 September 2013
( 0 Votes )NEW DELHI: Housing prices in 22 major cities, including Delhi and Mumbai, are witnessing downward trend in April-June period compared to the previous quarter due to slowdown in demand, National Housing Bank said today. Property prices in majority of the cities, 22 out of 26 are witnessing marginal downward trend, quarterly update of NHB Residex...Real estate related cases highest at consumer court
Written by Jayanta Saturday, 07 September 2013
( 0 Votes )GURGAON: In a city which boasts of highest number of consumer grievances in the state, cases of insurance default and real estate invariably occupy the top slot. “We get a large number of cases related to real estate. The number of consumers approaching us for non-delivery of flats in times has been increasing. We have a number of cases of...More Articles...
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