Property News from IndianRealtyNews |  |
- Supreme Court Directs Sahara to approach SAT against SEBI’s
- HNIs Investing in Commercial Properties
- Mahindra Group to Buy South Mumbai Bungalow for Rs 270 Crores
| Supreme Court Directs Sahara to approach SAT against SEBI’s Posted: 17 Jul 2011 07:53 PM PDT The Supreme Court today directed Sahara Group firm Sahara India Real Estate Corp to approach the Securities Appellate Tribunal against market regulator SEBI’s order directing the return of money collected from investors for an OFCD scheme within a period of three weeks. A three-member bench headed by Chief Justice S H Kapadia also directed the [...] |
| HNIs Investing in Commercial Properties Posted: 17 Jul 2011 07:46 PM PDT The super rich in India are not just buying trophy homes, but they also betting their money on pre-leased commercial properties offering good rental yields. These big-ticket investors are locking 30-40% of their portfolio in real estate, higher than any other investment category including equities. A majority of ultra HNIs—some define them as those with [...] |
| Mahindra Group to Buy South Mumbai Bungalow for Rs 270 Crores Posted: 17 Jul 2011 07:09 PM PDT The Mahindra Group’s real estate arm will pay close to Rs 270 crore to acquire a three-storey bungalow on south Mumbai’s Nepean Sea Road in which Vice-Chairman and Managing Director Anand Mahindra was born and lives as a tenant. The bungalow, named Gulistan, occupies around 13,000 square feet of land opposite Priyadarshini Park and is [...] |
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