To beat the blues, builders in Delhi are attempting new initiatives like throwing in maintenance and facility management services. Despite all this, builders are wary of cutting prices just yet, fearing a crash
The CBI has filed an FIR on the issue of alleged corruption and kickbacks received by Jaganmohan, son of late chief minister YSR Reddy.
One more scam rocks India Inc. The Andhra Pradesh High Court has ordered a deeper CBI probe into the alleged massive kickbacks received by the late chief minister YSR Reddys son, YS Jagan Mohan Reddy.
A day after the Andhra Pradesh High Court ordered a full-fledged CBI inquiry into the alleged irregularities in the land dealings of Emaar Properties, the Dubai-based company said it is ready to resolve issues with the Andhra Pradesh Infrastructure Corporation "amicably".
The Andhra Pradesh High Court today ordered a CBI inquiry into alleged irregularities in the land dealings of Emaar properties in the city. A division bench comprising Chief Justice Nissar Ahmad Kakru and Justice Vilas Afzalpurkar directed the probe agency to take the investigation into the case to its logical end.
Dubai-based real estate developer Emaar Properties recorded a net operating profit of USD 230 million (843 million dirhams) in the first six months of 2011, it was announced on Tuesday.
Rising mortgage rates and a widely anticipated price correction has seen demand curl up in India's once hot property market, burning realty stocks and blocking a USD 4 billion pipeline of initial public offerings.
Dubai's Emaar Properties is coming to its Indian joint venture Emaar MGF's rescue, reports CNBC-TV18.