Property News from IndianRealtyNews |  |
- Regulatory Body for Real Estate will lead to Corruption: CREDAI President
- Trouble for Sahara as MCA Extends Support to SEBI
- Commerce Ministry Invites Suggestions to address Policy Framework & Operational Issues of SEZs
- Hit by Fund and Permit Hassles, Hotel Majors Stall Projects
| Regulatory Body for Real Estate will lead to Corruption: CREDAI President Posted: 04 Sep 2011 09:16 PM PDT Real estate industry body CREDAI on Saturday opposed constitution of a regulatory body for the real estate sector, saying that it would become a “breeding ground for corruption” if implemented. “The proposed regulatory bill will become a breeding ground for corruption (if implemented),” the Confederation of Real Estate Developers Association of India (CREDAI) President Lalit [...] |
| Trouble for Sahara as MCA Extends Support to SEBI Posted: 04 Sep 2011 08:00 PM PDT In a move that may spell more trouble for Sahara group of companies — Sahara Real Estate Corporation Ltd and Sahara Housing Investment Corporation Ltd — the ministry of corporate affairs (MCA) has expressed its support to market regulator Sebi's June 23 order against the two companies. In an affidavit, the ministry states that both [...] |
| Commerce Ministry Invites Suggestions to address Policy Framework & Operational Issues of SEZs Posted: 04 Sep 2011 07:37 PM PDT The Commerce Ministry has called for suggestions from all stakeholders to comprehensively address the policy framework and operational issues of Special Economic Zones (SEZ). This, the Ministry said, is to accelerate the growth of SEZs. Suggestions may be sent in the linked format at the official Web site for SEZ, it added. According to official [...] |
| Hit by Fund and Permit Hassles, Hotel Majors Stall Projects Posted: 04 Sep 2011 07:20 PM PDT Many leading hospitality companies looking at expansion are either deferring launches or stalling projects on the back of various challenges including fund crunch and roadblocks in getting permits. According to a study by consulting firm HVS, the hospitality companies had announced to add 90,000 rooms by April 2015. Realistically, industry experts say, only two-thirds of [...] |
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