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JLL to Foray into Sri Lanka Real Estate Market

Posted: 15 Sep 2011 08:15 PM PDT

Jones Lang LaSalle yesterday announced plans to enter the real estate market in Sri Lanka. "Jones Lang LaSalle is opening a full-fledged operations branch in Sri Lanka. It is the first IPC to venture out into this lucrative country, based on its findings that Sri Lanka is a real estate boom unfolding even as we [...]

APIIC-Emaar Probe: CBI Questions Chiranjeevi’s Son

Posted: 15 Sep 2011 08:10 PM PDT

The CBI, which is probing the alleged irregularities in APIIC-Emaar Properties land deal, on Thursday continued examination of buyers of the villas sold by Emaar and also questioned Telugu film actor Ramcharan Tej, son of actor-turned-politician Chiranjeevi. The villas and plots in ‘Emaar Hills’ township project in Gachibowli were allegedly purchased by several people from the [...]

Panchshil Realty Confirms Sharad Pawar’s Lie in Asset Declaration to PM

Posted: 15 Sep 2011 06:41 PM PDT

A day after a Mumbai-based daily, DNA, exposed agriculture minister Sharad Pawar's lie in connection with his Rs 12 crore assets declaration to the prime minister and the country, Panchshil Realty Group on Wednesday admitted that it issued bonus shares to the NCP president. Pawar's declaration did not mention the bonus shares. Panchshil Hotels [...]

Omaxe Likely to Raise Rs150 cr via Sale of Chandigarh Land

Posted: 15 Sep 2011 05:55 PM PDT

Delhi-based real estate developer Omaxe has put 25 acres of land in Chandigarh on the block and is expecting to raise around Rs 150 crore. The project was earlier slated to be a mixed development project. The company has a total land bank of 350 acres in Chandigarh, valued at Rs 2,000 crore according to [...]

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