Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Robert Vadra Forays into Real Estate, Gets into Partnership with DLF

Posted: 15 Mar 2011 11:27 PM PDT

New Delhi-based entrepreneur Robert Vadra, married into the country ’s most powerful family, has made a quiet and relatively unheralded entry into the real estate business, including a partnership with DLF Ltd, India ’s largest realty firm. Vadra, the son-in-law of the ruling United Progressive Alliance coalition chairperson Sonia Gandhi, has stayed away from electoral [...]

Real Estate Rated as the Most Corrupt Industry in India- KPMG

Posted: 15 Mar 2011 11:24 PM PDT

Real estate sector has topped the list of industries perceived to be the most corrupt in India, followed by telecommunications and social development sectors in a survey conducted by global consultancy firm KPMG. Nearly half of the respondents in the survey are of the view that real estate, construction and telecommunication sectors are most [...]

Govt Likely to Dispense Press Note 1 to Encourage FDI

Posted: 15 Mar 2011 10:09 PM PDT

In order to liberalise the FDI regime, the government is likely to dispense with a norm that requires foreign investors to seek local partner approval for setting up units in the same area of business. The decision to do away with the Press Note 1, according to sources, is likely to be taken by the [...]

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