Property News from IndianRealtyNews

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CCI Charges DLF in another Case of Violation of Market Position, No Penalty this Time Posted: 31 Aug 2011 08:17 PM PDT Anti-competitive practices watchdog Competition Commission of India (CCI) has charged real estate major developer DLF of abusing its dominant position in yet another high-profile residential project in Gurgaon, Haryana. In a verdict delivered on Tuesday, CCI clubbed eight complaints filed by the Park Place Residents Association to direct DLF to stop formulating and imposing unfair [...]

US Billionaire Sam Zell’s Equity International Plans Entry into Indian Real Estate Posted: 31 Aug 2011 07:23 PM PDT Billionaire Sam Zell is entering the real estate markets in India and Columbia in the next two weeks as he continues to favor international investments over US property deals. Zell, chairman of Chicago-based Equity International, will invest in real estate in Colombia and will eventually move on to residential projects, he told Bloomberg Television. In [...]

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