Latest Realty News

'FDI-Reforms,-REIT-Rule-Relaxations-To-Boost-Realty-Sector'-
Jun 24, 2016
NEW DELHI: Reforms in FDI policy and relaxation of norms in Real Estate Investment Trusts (REITs) will benefit the realty sector, especially the commercial segment, property consultant CBRE today said.
Head-of-PACL-Arrested-Over-Alleged-Rs-45,000-Crore-Investment-Scam
Jan 09, 2016
New Delhi: Central Bureau of Investigation (CBI) on Friday arrested the founder of PACL Ltd over allegations the property company cheated investors of $6.8 billion (about Rs 45,000 crore), in what local media is calling the country's biggest financial scandal.
BlackSoil-Realty-to-invest-Rs-25-cr-in-Ahuja-Constructions’-residential-project-
Nov 30, 2015
MUMBAI: BlackSoil Realty Fund-I is set to invest Rs 25 crore in realty developer Ahuja Constructions' residential project in central Mumbai's Sion locality.
Supreme-Court-allows-DLF-units-to-sell-shares,-rejects-Sebi-plea-for-restraint-order-
Nov 04, 2015
NEW DELHI: The Supreme Court today allowed three DLF subsidiaries to sell shares worth Rs 12,000 crore to reduce debt, declining the regulator's plea to prevent the real estate group's move. The DLF stock was up 3.9 per cent at 11:24 am on the Bombay Stock Exchange.
In-biggest-fine-ever,-Sebi-asks-realty-major-to-pay-Rs-7,269-crore
Sep 23, 2015
MUMBAI: Market regulator Sebi on Tuesday imposed a fine of Rs 7,269 crore on Jaipur-based real estate major PACL, and four directors of the company for illegally mobilising funds through collective investment schemes between September 2013 and June 2014. This is the biggest ever fine by Sebi.
SC-considers-appointing-receiver-for-Sahara-assets
Aug 04, 2015
NEW DELHI: The Sahara group's inability to raise Rs 10,000 crore, half in cash and half through bank guarantee, to seek release of its chief Subrata Roy and two directors from jail made the Supreme Court on Monday think aloud about the possibility of appointing a receiver for the group.
Sebi-moves-SC-against-DLF
Apr 20, 2015
New Delhi: The Securities and Exchange Board of India (Sebi) has moved the Supreme Court, challenging a tribunal order in the matter of disclosure norm violations by real estate major DLF
Rose-Valley-alarm-was-sounded-in-’10
Mar 30, 2015
KOLKATA: Securities and Exchange Board of India (Sebi) started their probe into Rose Valley's alleged Ponzi schemes when the then state finance secretary, Chanchal Mal Bachhawat, raised the alarm against the group in 2010
Religare-plans-to-raise-Rs-1,000-crore-for-socially-relevant-assets-under-REIT
Mar 19, 2015
MUMBAI: Religare Global Asset Management, part of Religare Enterprises, is working on a plan to build a portfolio of socially relevant assets including hospitals, schools, retail malls and cinema halls that can be listed under a Real Estate Investment Trust
Relief-for-realty-major-DLF,-tribunal-quashes-SEBI's-markets-ban
Mar 13, 2015
Mumbai: In a major relief for DLF, the Securities Appellate Tribunal on Friday quashed a Sebi order against the realty giant
DLF-seeks-to-reassure-investors
Feb 27, 2015
New Delhi: DLF reassuring its investors and all stakeholders that it hadn't acted in contravention of law
Realty-sector-seeks-more-tax-sops-on-REITs
Feb 05, 2015
New Delhi: To ensure success of newly created REIT (Real Estate Investment Trust) structure, property developers and consultants have sought more tax incentives
JLL-India-arm-plans-to-raise-Rs-300-crore
Jan 23, 2015
MUMBAI: Property consultancy firm JLL India's investment arm JLL Segregated Funds Group is planning to raise its second real estate fund with a total target size of Rs 300 crore
Sebi-asks-Brand-Realty-promoters-to-make-public-announcement
Jan 22, 2015
Mumbai: Capital market regulator Sebi has directed promoter group entities of Brand Realty Services to make a public announcement for acquiring additional shares in the company
Indiabulls-AMC-to-launch-real-estate-fund
Jan 20, 2015
COIMBATORE: Indiabulls Asset Management Co Ltd (IBAMC) is launching a real estate fund with a targeted fund size of ?500 crore
Real estate investment trusts may get taxation relief
Jan 09, 2015
New Delhi: Real estate investment trusts (Reits), notified last year, have so far found few takers due to taxation-related issues
DLF files fresh undertaking in Supreme Court, to submit fine in tranches
Jan 08, 2015
NEW DELHI: Real estate major DLF iled a fresh undertaking in the Supreme Court
Sebi bans Karmbhoomi Real Estate from raising funds
Dec 31, 2014
MUMBAI: Continuing its crackdown on illicit money-pooling schemes, Sebi barred Karmbhoomi Real Estate from raising funds from the public
Sebi bars Ecogreen, directs it to refund money within 3 months
Dec 27, 2014
Mumbai: Market regulator Sebi ordered immediate closure of unauthorised investment schemes run by Ecogreen Realestate India
Shariah-compliant REITs could be a reality by 2015
Dec 23, 2014
MUMBAI: For the first time ever, with eyes firmly planted on lucrative investments from the Middle East, many real estate developers are planning to launch Shariah-compliant REITs
Sebi didn't follow FUTP rules while penalising, says real estate major DLF
Dec 20, 2014
Mumbai: DLF argued before the Securities Appellate Tribunal (SAT) that SEBI had not followed the Fraudulent and Unfair Trade Practices (FUTP) rules while penalising the company
32 companies in illegal real estate investment schemes: Govt
Dec 17, 2014
New Delhi: At least 32 companies have been found by capital market regulator Sebi to be operating unauthorised money-pooling schemes in the garb of real-estate business
CBI Seizes Records of 2 Real Estate Firms
Dec 16, 2014
BALASORE: A team of CBI officials from West Bengal seized some documents from Baliapal offices of Remac Realty India Limited and Infinity Realcon Private Limited
Sahara to sell Mumbai, Jodhpur land parcels for Rs 1,251 crore
Dec 08, 2014
NEW DELHI: After selling land in Gurgaon for Rs 1,211 crore recently, Sahara group is believed to have finalised two more land parcels deals - one in Mumbai and another in Jodhpur - for over Rs 1,250 crore
Sebi bars Greenworld Agro Industries Ltd, Mass Infra Realty Ltd from raising public funds
Dec 05, 2014
MUMBAI: Sebi restrained Greenworld Agro Industries Ltd and Mass Infra Realty Ltd from mobilising funds from investors

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