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 [...]
By manish
|
Posted in Property News
|
Also tagged Bank Of India, Cnn, Economic Crime, Enforcement Directorate, Foreign Exchange Management, Goa, Goa Government, Jones Lang, Land Transactions, Portuguese Influence, Prime Land, Property Consultant, Russian Land, Russian Nationals, Tourism In Goa, Tropical Biodiversity
|
August 26, 2008 – 12:52 am
Three large realty firms have placed bids to build and operate stretches of national highways that have come up for auction this year as part of expanding their portfolio to offset a slump in their core business. Unitech Ltd, DLF Ltd and Omaxe Ltd are among several infrastructure companies bidding for the right to build [...]
By manish
|
Posted in Property News
|
Also tagged Bank Of India, DLF, Gayatri Projects Ltd, Gvk Industries, Infrastructure Companies, Infrastructure Development, Infrastructure Investments, Inter State, Market Capitalization, Nagarjuna Construction, National Highways Authority, Omaxe Ltd, Real Estate Sector, Realty Firms, State Highways
|
With RBI hiking the repo rate, home loans under the floating rate regime have witnessed a hike of .75 %. Leading housing finance providers like HDFC and ICICI Bank have again raised the interest rates. Who spares a thought for the loanee?.
HOME LOANS have again become dearer, no thanks to the hike in interest rate [...]
By manish
|
Posted in Property News
|
Also tagged Bank Of India, Finance Providers, Hdfc, Home Loan Provider, Housing Loans, Icici Bank, Interest Rate Hike, Interest Rates, Rate Home Loans, RBI, Repo Rate
|
Union Finance Minister P Chidambaram has said the double digit inflation will continue for some more weeks.
The Central Government as well as the Reserve Bank of India is not going to hesitate in taking more steps to control towering prices, if the need arises with the markets also reacting adversely to the two major concerns [...]
By manish
|
Posted in Property News
|
Also tagged , Bank Of India, Cb Richard Ellis, Central Government, Dhaka, Home Loans, Mortgage Rates, Mumbai, Oil Price Hike, P Chidambaram, Parsvnath Developers, Property Developers, Repo Rates, Residential Property, Union Finance Minister
|
ICICI fell 2.4% to 686 rupees, its lowest in almost two years. DLF declined 3.8% to the lowest since it began trading in July. The Bombay Stock Exchange’s Bankex Index lost 3.3%, and the real estate index shed 4%.
The Reserve Bank of India unexpectedly lifted interest rates the second time in two weeks and told [...]
Panaji, May 28: Directorate of Enforcement has initiated show-cause notices against the foreigners who have brought properties allegedly in the state violating of Foreign Exchange Management Act.
The notices issued directly to the parties and also through the state government has asked why their properties involved in the contravension of the FEMA should not be confiscated [...]
By Rajani
|
Posted in Property News
|
Also tagged Adjudication, Anil Kumar, Bank Of India, Central Government, Documentations, Doe Issues, Fema, Foreign Exchange Management, Government Account, Grim Reality, Legal Practitioner, Management Act, Panaji, Portuguese Colony, Properties In Goa, Section 13
|
Some things make the Reserve Bank of India (RBI) paranoid. The invasion of foreign money in the Indian property market has always been a familiar theme that rang alarm bells on Mint Street — the central bank’s headquarters.
Whenever it sensed an alarm, the regulator moved in to clamp down on such money flows. Even foreign [...]
By Rajani
|
Posted in Property News
|
Also tagged Alarm Bells, Asset Price, Bank Of India, Estate Assets, Foreign Money, Hybrid Instruments, Institutional Investor, Investment Rules, Mint Street, Mortgage Backed Securities, Mutual Fund Schemes, Nris, Price Bubbles, REMF, Sebi., Securities And Exchange Board Of India, Venture Capital Funds
|
