Property News from IndianRealtyNews |  |
- Shareholders Approve Vishal Retail’s Name Change to V2 Retail
- Real Estate Investment Firm SARE buys 100 acres of land in Navi Mumbai from Silver Oak
- Sahara Moves to Supreme Court against Sebi’s Refund Order
- Proposed Real Estate Regulation Bill May be Delayed
- ASK Raises 520 cr for Domestic Realty Fund
| Shareholders Approve Vishal Retail’s Name Change to V2 Retail Posted: 27 Jun 2011 08:02 PM PDT Vishal Retail today said its shareholders had approved changing the company’s name to V2 Retail and also its plan to enter real estate business. The company submitted a report on a postal ballot seeking shareholders’ approval the name change and entry into real estate to the Bombay Stock Exchange and said special resolutions were being [...] |
| Real Estate Investment Firm SARE buys 100 acres of land in Navi Mumbai from Silver Oak Posted: 27 Jun 2011 07:25 PM PDT Real estate investment and development firm South Asian Real Estate has closed a deal for buying a 100-acre piece of land in Navi Mumbai from Mumbai-based developer Silver Oak. SARE and Silver Oak have set up a joint venture company, in which SARE will have a majority stake. The joint venture will develop an integrated [...] |
| Sahara Moves to Supreme Court against Sebi’s Refund Order Posted: 27 Jun 2011 07:18 PM PDT A Sahara Group firm has moved the Supreme Court against market regulator Sebi's order asking it to return money collected from investors through a scheme along with 15 per cent interest. A vacation bench headed by Justice P Sathasivam directed the matter to be listed for hearing on July 4, the first day after the [...] |
| Proposed Real Estate Regulation Bill May be Delayed Posted: 27 Jun 2011 07:10 PM PDT The proposed Real Estate Regulation Bill may be delayed. The ministry of housing and poverty alleviation, which was set to table the draft bill during the Monsoon session of Parliament, is yet to get the law ministry's opinion on it. The draft Bill was sent to the law ministry for vetting nearly two months ago. [...] |
| ASK Raises 520 cr for Domestic Realty Fund Posted: 27 Jun 2011 05:45 PM PDT ASK Property Investment Advisors has raised 520 crore for a domestic realty fund, becoming the first fund among half-a-dozen such realty PE funds waiting in line, to raise money from rich investors in 2011. The ASK fund had originally aimed to raise Rs 1,000 crore, including a green shoe option of Rs 500 crore that [...] |
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