Tag Archives: Property Consultant

ED Suspects Russian Land Mafia Behind FEMA Violation In Goa

August 28, 2008 – 5:45 am

The Enforcement Directorate(ED), the agency responsible for investigating economic crime in India, has sought information from the Goa government on all companies that bought properties in the state between 2000 and 2007, as it investigates the role of a suspected Russian land mafia.
The agency suspects that some Indian companies that bought large plots in the [...]

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Real Estate Firms Delay Plans

August 18, 2008 – 2:40 am

Most Indian developers have hit the brakes on fresh land acquisitions as a slide in the stock market, rise in interest rates and aggressive demands of the private equity investors have limited funding options.
After five years of boom, real estate firms in India are grappling with tepid sales and cash crunches as inflated property prices [...]

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Nirmal Lifestyle Plans To Develop 20 Townships

May 6, 2008 – 4:44 am

Real estate developer Nirmal Lifestyle is planning to develop 20 townships across India.
The company has marked an investment of $5 billion for the first phase, which includes five townships under the brand name of Lifestyle City, a company release said. Spread over 300-1,000 acre, the phase I townships will come up one each in Pune, [...]

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