Property News from IndianRealtyNews |  |
- IT Department Purchased Properties worth INR 2500cr Last Year
- Govt May Allow FDI in Multi-Brand Retail in 36 Cities
- CBI to Probe A Raja’s Green Approval to Unitech&DB Realty Projects
- SBI Drops Prepayment Charges on Home Loans: Other Banks May Follow Soon
- Hircon International to Commence Handover of World’s Tallest Residential Tower ‘23 Marina Dubai’
| IT Department Purchased Properties worth INR 2500cr Last Year Posted: 02 May 2011 12:20 AM PDT The Income Tax Department became one of the largest purchasers of real estate properties last year as it embarked on a mega expansion spree to spread its establishment for enhancing taxpayer services in the country. The department, which has recently begun a special drive to check prevalence of black money in the country’s real estate [...] |
| Govt May Allow FDI in Multi-Brand Retail in 36 Cities Posted: 01 May 2011 10:58 PM PDT Industry Ministry’s proposal to open multi-brand retail for foreign investment is likely to go to the Cabinet soon after assembly election results of four states and a Union Territory, taking on board job-related concerns of the Labour Ministry, sources said. The Cabinet note, circulated by the Department of Industrial Policy and Promotion (DIPP) has a [...] |
| CBI to Probe A Raja’s Green Approval to Unitech&DB Realty Projects Posted: 01 May 2011 09:24 PM PDT Realty firms DB Realty and Unitech's troubles are likely to get worse. The CBI is now likely to probe the two companies real estate projects that were cleared by former telecom minister A Raja during his tenure as environment minister from 2004 to 2007. CBI sources said Unitech and DB Realty (whose telecom arm Swan [...] |
| SBI Drops Prepayment Charges on Home Loans: Other Banks May Follow Soon Posted: 01 May 2011 09:22 PM PDT Banking leader State Bank of India dropped 'prepayment charges’ on all its loans over the past fortnight. The announcement coincided with the hiking of the bank’s base rate and withdrawal of the controversial teaser home loan schemes. With the SBI taking the lead, other banks are now expected to follow suit and withdraw the controversial [...] |
| Hircon International to Commence Handover of World’s Tallest Residential Tower ‘23 Marina Dubai’ Posted: 01 May 2011 08:23 PM PDT Come August, Hircon International, a Dubai-based developer, will commence handover of 23 Marina, a 395-metre tower in Dubai Marina, which will then surpass The Torch as the world's tallest residential tower by almost 47 metres. "We have got the utility connections… we will have temporary power connection by next week. Snagging notice has been send [...] |
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