Property News from IndianRealtyNews |  |
- MCHI Gets Tough on Builders
- Realtors can Now Book Revenue in Stages-Govt
- Carlson Plans 100 Hotels in India
| Posted: 14 Oct 2010 01:45 AM PDT With a view to curb unethical practices, the Maharashtra Chamber of Housing Industry (MCHI), the apex body of real estate business in the state, has directed all its members not to book flats without receiving the commencement certificate (CC) from the authorities. MCHI secretary Sunil Mantri told TOI: “Apart from giving this instruction to our [...] |
| Realtors can Now Book Revenue in Stages-Govt Posted: 14 Oct 2010 01:38 AM PDT The government will drop a key rule from the new international accounting norms Indian companies have to follow from next year to permit real estate companies to book revenues as they build a property, allowing them to maintain a healthy profit and loss account. A recent meeting of the expert group of the ministry of [...] |
| Carlson Plans 100 Hotels in India Posted: 14 Oct 2010 01:35 AM PDT Enthused by India growth story, US-based Carlson Hotel group is planning to increase its number of hotels (under various brands like Radisson, Park Plaza) to 100 in 42 cities. The group’s global president and CEO Hubert Joly said here on Wednesday that it has already roped in 57 real estate properties, which will become operational [...] |
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