Several banks auction real estate properties in a final attempt to recover their dues after borrowers fail to repay their loans and the banks are forced to initiate recovery proceedings against them. Recently, an international bank had issued a public notice that said it plans to auction a bungalow in Mumbai located next to Amitabh Bachchan’s property named Jalsa. The reserve price for the prime...
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Gurugram: Following a recommendation from the Haryana Real Estate Regulatory Authority (HRERA), Gurugram, the department of financial services (DFS) under the Union finance ministry has asked all public sector banks to ensure that real estate developers comply with public norms related to withdrawal of funds from the escrow accounts, meant for construction of buildings. HRERA Gurugram...
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Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced the acquisition of 9.4 acres of land in Whitefield, Bengaluru, the company said. Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced the acquisition of 9.4 acres of land in Whitefield,...
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The Indian fractional ownership market is currently estimated at around $500 million and is expected to grow 10 times in the next five years to surpass $5 billion of Asset Under Management (AUM) by 2030, according to an analysis by JLL and Propshare. The Indian fractional ownership market is currently estimated at around $500 million and is expected to grow 10 times in the next five years to...
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by THO By Market Capitalisation. Net Sales. Net Profit. Total Assets. Excise. Other Income. Raw Materials. Power & Fuel. Employee Cost. PBDIT. Interest. Tax. EPS. Investments. Sundry...
by THO Are EVs environment friendly? | What do the reports suggest? Are EVs worse for the environment? Reports indicate that electric vehicles (EVs) may have a harmful environmental impact due to their average weight being 30% higher than that of petrol-powered vehicles. This increased weight accelerates the wear and...
by THO Within broader markets, PSU stocks and the real estate pack is under selling pressure, while Tata group stocks are extending the fall in today#39;s session. Source link...
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(Bloomberg) -- As real estate’s great and good gather in Cannes for Europe’s biggest annual property event, there are a growing number of notable absences. New faces will be representing some of the big names – now troubled names – from the world of real estate at the annual Mipim conference that starts Tuesday in Cannes. (Picture for representational purposes only)(Pixabay) The end...
by THO Gold prices in India hits all time high above Rs 66,000/10 grams | Commodities Corner Gold surged to record high this week in MCX as weak US economic data and US regional banking jitters have given bulls the boost needed to break out from the last 2 months consolidation. The breakout has been spectacular and has...
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