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Tata Housing In Talks With Macquarie For Rs 2,500 Crore Fund
New Delhi: Realty firm Tata Housing is in advance stage of discussions with private equity fund Macquarie to set up a joint platform with a corpus of about Rs 2,500 crore for developing luxury housing projects across major cities. The
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Penalty On Cement Players Credit Neutral: India Ratings
New Delhi: The Competition Commission of India’s penalty of over Rs. 6,700 crore on eleven cement agencies quantities to 20-seventy five in keeping with cent of the gamers’ 2015-sixteen operating earnings, but, the pass is credit score neutral due to
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Buyers Need To Be Paid Back: Supreme Court To Supertech
New Delhi: The Splendid Court docket on Tuesday gave a stern message to Supertech asking it to go back cash to buyers, pronouncing it become not concerned whether or not the actual estate fundamental “sinks or dies”. “Both you (Supertech)
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Realty Law Has ‘Serious Anomalies’, Can Stifle Growth: DLF
New Delhi: Realty predominant DLF’s chairman, K P Singh, has said there are some “extreme anomalies” inside the actual property regulatory law, which include no provision for single-window approval system, which pose a grave challenge for the developers and might
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RERA fears make PE firms and strategic investors tweak realty contracts
Mumbai A good deal of private equity as well as strategic buyers who’ve invested in actual property, especially at undertaking degree, are renegotiating their contracts with the developers fearing litigation and fines as soon as the new actual estate regulations
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700 old buildings in Kamathipura become 24 swanky towers
Mumbai Kamathipura is losing its character. If all is going in accordance to devise, within a few years it’ll have traded its hovels for snazzy excessive-rises. The proposed cluster redevelopment consists of two-thirds of this vital region, but leaves out
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HC orders tighter norms on gains from property sale
Mumbai The Profits-Tax (I-T) Act presents for exemption from long-term capital profits wherein the sale proceeds of the authentic asset are invested in a new residential belongings. The Bombay high courtroom, in a latest order, has held that such an
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Mumbai office rentals pegged to grow at 11%, may top London by 2019
Mumbai Office area leases in the USA’s business capital are predicted to develop eleven.1%, surpassing the growth price in London via 2019.The government’s renewed emphasis on infrastructure development in Mumbai, along side monetary growth, is possibly to strengthen the Workplace
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Investing in Khar West
Khar West is a nicely-mounted area. Actual property customers are interested by the locality because of the presence of well-constructed avenue, advanced social infrastructure and extraordinary connectivity. Demand from clients is regular as it’s miles inside proximity to business hubs
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Looking for max returns in Mumbai? Consider these areas
Locations such as Ulwe, Kamothe and Dronagiri promise to present you an excellent ROI because of which they are touted as realty hotpots today Planning to invest in the town? Mumbai’s real property market has a person of its own.
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