German reinsurance giant- Hannover RE is betting big on India. With the insurance industry opening up to foreign investors, this 800 million dollar company is looking to spread its footprint beyond Mumbai & Delhi working with central as well as state governments.
NCR-based developer 'The 3C Company' is looking to offload its commercial asset portfolio and has recently struck a Rs 265-crore deal with two private equity firms for its Noida project Green Boulevard, reports CNBC-TV18‘s Manasvi Ghelani.
The credit policy today announced some revolutionary steps to give bankers power over their defaulting borrowers. Loans given to stressed companies won't be marked as NPLs and they will be allowed two years of delay in the commencement of their projects provided a new management replaces the non performing old one.
In 2014‘s last weekend, Prime Property rewinds the year for you. Acche din remained illusive for India‘s property market in 2014, the year was dogged down by poor sales, land scams and legal tangles. Manasvi Ghelani gives you details.
Ahead of the bankers' conclave that begins today in Pune, Manasvi Ghelani of CNBC-TV18, tells us what to expect from the 'Gyaan Sangam'.
CNBC-TV18‘s Manasvi Ghelani takes a look at the year that was for the real estate space.
He superseded several state leaders, to become one of Maharashtra's first BJP Chief Minister. In three months of taking charge, Devendra Fadnavis has his task cut out, reports CNBC TV18's Manasvi Ghelani.
Prime Property tells you how Devendra Fadnavis, Chief Minister of Maharashtra is trying to emulate the Gujarat model in his state. CNBC-TV18‘s Manasvi Ghelani gets you the latest details.
PwC says the rankings of three major metros Mumbai, Bangalore and New Delhi have improved significantly to attract investments. Prime Property gets you the story of PwC‘s latest report on Asia Pacific. Manasvi Ghelani of Prime Propertay gives you details.
Mumbai‘s realty kingpin K Raheja Corp gets a jolt from the High Court as 30,000 sq meters allotted to it in 2003 when the Congress-NCP was in power is declared as illegal and arbitrary. The realty firm has built a mall and hotel here at a cost of Rs 450 crore. CNBC-TV18's Manasvi Ghelani has details.
The battered commercial property market is slowly reviving at least in the big cities thanks to the renewed interest of the IT sector. But this maybe short-lived as corporates turn to the virtual world to cut down brick and mortar cost. Manasvi Ghelani has more details.
Maharashtra‘s new Chief Minister, Devendra Fadnavis decides to withdraw a review petition at the Supreme Court (SC), clears up nearly 6,300 acres of private forest land bringing relief to lakhs of people. Manasvi Ghelani of Prime Property gives details.
Continuing with the hunt for fast selling properties this Diwali season Manasvi Ghelani went looking for the good deals for buyers with budget exceeding Rs 1 crore in Mumbai. Watch accompanying video for what she found.
GVK Group's Mumbai International Airport Ltd (MIAL) will be able to pocket close to Rs 1,000 crore by end of this financial year. Three companies are at final stages to lease out its phase one property and will commence work this year. CNBC-TV18's Manasvi Ghelani reports.
CNBC TV-18's Manasvi Ghelani in conversation with Hariprakash Pandey, VP-Finance and Investor Relations of HDIL.
Godrej Properties announced its Q3 results today. Managing Director & CEO, Pirojsha Godrej in conversation with CNBC TV18‘s Manasvi Ghelani, talks about company‘s strong project pipeline despite dipping sales numbers and degrowth in the total income this quarter.
Mumbai's real estate market has not been laying any golden eggs of late, but with about 670 million square feet of unsold stock available in the market, home buyers will now get a bigger bang for their buck.
RLDA has kicked off the process to monetise railways' land assets in a bid to open another revenue stream for railways.
Insurance regulator Irda‘s continuing campaign to curb misselling of insurance products has caught web aggregators in its cross-hairs. The regulator has proposed stricter rules that these websites which compile and provide information on policies of various insurance companies must adhere to, reports CNBC-TV18‘s Manasvi Ghelani.
With the government giving Sebi new powers through the Securities Laws Amendment Ordinance, the regulator is keen on going after entities that are indulging in Ponzi schemes.
Indian insurance companies have raised their hopes after the government decided to hike the FDI cap in insurance sector from 26 to 49 percent under the automatic route.
With the RBI and government curbing gold imports, the mutual fund and jewelry industry have taken a hit. Reliance capital has pulled the plug on its gold products. The jewelry industry is asking the government for safeguards. Reports CNBC-TV18‘ Manasvi Ghelani and Farah Bookwala.