Property News from IndianRealtyNews

Property News from IndianRealtyNews

Link to India Properties - Real Estate India - Indian Property News Site

Reliance Capital Arm Plans to Raise Rs 1,500 crore via Realty Fund

Posted: 25 Aug 2011 08:10 PM PDT

Reliance Portfolio Management Services, a part of Reliance Capital Asset Management, plans to raise over Rs 1,500 crore from the domestic market to invest in real estate projects around the country. The fund will be raised though a limited liability partnership structure and will be named as Reliance India Realty Opportunities LLP. Reliance Capital Asset [...]

Vaswani Group comes up with ‘Reserve’ Apartments in Bangalore

Posted: 25 Aug 2011 06:57 PM PDT

Vaswani group has recently launched a two, three and four BHK apartment project — Vaswani Reserve — located 300 metres off the Sarjapur Outer Road on Pa¬nathur Main Road in Bangalore, behind Cisco and Cessna Business Park. Vaswani Reserve comprises 236 units in several styles and configurations, some of which offer 180-degree views. Size of [...]
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Property News from IndianRealtyNews

Property News from IndianRealtyNews

Link to India Properties - Real Estate India - Indian Property News Site

Haryana Assembly Removes Limit on Land Ownership of Non-Agricultural Land

Posted: 24 Aug 2011 08:19 PM PDT

The Haryana assembly on Wednesday removed the limit on land ownership by a person or entity in case of non-agricultural land in urban and industrial zones. This comes after a recent Punjab and Haryana high court observation on “grave violations” of land ceiling laws by real estate companies, several of which own hundreds of acres [...]

10 Anti-Trust Cases against DLF Pending with CCI

Posted: 24 Aug 2011 07:24 PM PDT

At least 10 anti-trust complaints against India's largest real estate company DLF are pending with the Competition Commission of India (CCI), according to three senior officials with the competition regulator. The latest complaint was filed a couple of days before CCI's Rs630-crore fine on the company last week, which followed a petition from those who [...]
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