The foreign lender bought Rs 112 crore worth of those deep discount debt securities from the secondary market Thursday extending its buying spree of distress assets. Deutsche Bank again bet on Dewan Housing Finance Corporation bonds as revival chances of the indebted home financier now look brighter. The foreign lender bought Rs 112 crore worth of…

Home » Property News » Signature Global launches Signature Global Park 4 & 5 in Gurugram Gurugram: Signature Global, India’s no. 1 Affordable Housing Company is happy to announce the launch of its 22nd Project Signature Global Park 4 & 5, Sector 36, Sohna Road, South of Gurugram. The Project is under Deen Dayal Jan Awas…

Land is now scarce here. Instead, buyers are purchasing older villas and then demolishing them and rebuilding – a symbol of the ongoing demand for the area.” Talking about Emirates Hills, that still remains Dubai’s most exclusive residential address, Andrew Cummings, co-founder and managing director of luxuryproperty.com gets a bit nostalgic. “I have a number…

NOIDA: A group of Wish Town buyers urged the Supreme Court on Wednesday to direct the National Company Law Appellate Tribunal (NCLAT) to persuade state-run NBCC to immediately start construction in the Wish Town project and complete around 20,000 pending flats at the earliest. The court has issued notices to the NBCC and other stakeholders…

Embassy Property Development failed to bring down its shareholding to 75 per cent or less as per SAST Regulations.  Markets regulator Sebi on Thursday imposed a penalty of Rs 10 lakh on Embassy Property Development Pvt Ltd for failing to bring down non-public shareholding in Mac Charles (India) Ltd to below 75 per cent within the required timeline. Sebi, in…

NOIDA: After Kalypso Court, which will now be completed by the developer under the supervision of investors, the Uttar Pradesh Real Estate Regulatory Authority (UP- Rera) may provide a similar solution for the completion of Knights Court, another Jaypee project in Sector 128, if the homebuyers agree. JAL has a handful of projects at Wish…

RMZ is expected to create a special purpose vehicle (SPV) to house about 10 business parks across Bengaluru, Chennai, Hyderabad, Mumbai and Delhi-NCR. Brookfield Asset Management, the Canadian alternative investment firm, is said to be planning to invest $500-800 million (Rs 4,000-5,600 crore) in RMZ Corp to buy up to 50% stake in the Bengaluru-based developer’s business…

JAL has also been orderd to deposit an upfront amount of Rs 12 crore in a separate account. The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) on Wednesday allowed Jaiprakash Associates’ (JAL) proposal to complete the remaining four towers of Jaypee Kalypso Court (Phase II) situated in Sector 128, Noida. JAL has also been orderd to deposit an upfront amount…

Total income rose to Rs 53.33 crore in the fourth quarter of last fiscal from Rs 52 crore in the corresponding period previous year, it said in a regulatory filing.  Realty firm Ansal Housing on Wednesday reported a consolidated net loss of Rs 33.09 crore for the quarter ended March. It had posted a net profit of…