Property News from IndianRealtyNews

Property News from IndianRealtyNews

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DLF Chairman K P Singh urges FM to come up with Growth Friendly Budget

Posted: 15 Feb 2010 08:22 PM PST

Urging Finance Minister not to be swayed by concerns on rising inflation, DLF Chairman K P Singh on Monday said the government needed to focus on growth in the forthcoming Budget to achieve 9-10 per cent economic expansion during 2010-11. “Finance Minister, in my view, should support growth and not be bothered that much [...]

PVR Calls off Deal with DLF Cinema

Posted: 15 Feb 2010 08:13 PM PST

Multiplex operator PVR and real estate major DLF have decided to end the deal involving the sale of the cinema exhibition business of DT Cinemas Ltd, a DLF group firm. Sources said the deal has been called off as DLF could not meet the terms of the deal. They, however, added that the parties may [...]

Govt Doubles Ceiling on Automatic Foreign Investment

Posted: 15 Feb 2010 08:11 PM PST

A month and a half before the unveiling of India's consolidated foreign investment policy, the government on Thursday doubled the ceiling on automatic foreign investment from Rs 600 crore to Rs 1,200 crore. Union commerce minister Anand Sharma, who announced the decision, said the move is expected to make India a more attractive destination for [...]

Real Estate Developer Wants to Pull out Of Slum Rehab Project, Seeks Refund

Posted: 15 Feb 2010 07:17 PM PST

With the Delhi Development Authority (DDA) and Delhi government's Environment department involved in a legal tussle over whether a part of land earmarked for Tehkhand Slum Rehabilitation project is part of the ridge, the project is unlikely to see light of the day soon. As a result, real estate company Indiabulls, which was to carry [...]

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