On February, the Reliance Home Finance Company, which is owned by Anil Ambani, defaulted to repay Rs 40.08 crore loan, it reported in a regulatory filing on March 10. The company has some Rs 700 crore funds in the form of liquid mutual fund investment, it said. “However the delay in debt servicing is due […]
The residential property market in the nation is starting to look up. India’s Top 35 real estate markets, including Tier I and Tier II, saw 3 per cent annual growth, as well as 5 per cent sequential growth in sales in the quarter ended December. Of these, 27 cities recorded an upward trend in sales […]
The Economic Offenses Wing of Mumbai Police On Friday, in a Metropolitan magistrate court, filed a 32,000-page charge sheet against five persons at multi-crore Punjab and Maharashtra Cooperative (PMC) Bank scam. The charge sheet has been marked by Joy Thomas, former director of the bank, Waryam Singh, former chairman, Surjit Singh Arora former director of […]
The real estate developers expressed disappointment at the decision of the Reserve Bank of India to maintain the status quo on policy rates in its fifth bi-monthly monetary policy review of the financial year. The Reserve Bank of India since February has reduced interest rates by cumulatively 135 basis points in five consecutive reductions in […]
By Abhay Harish Shah , Realty Quarter Enforcement Directorate also known as ED has filed an immediate charge sheet against Islamic preacher Zakir Naik. Zakir Abdul Karim Naik is an Indian Islamic preacher and the organizer and leader of the Islamic Research Foundation (IRF). He is also the founder of the Peace TV channel through […]
By Abhay Harish Shah , Realty Quarter Motilal Oswal Financial Services Ltd (MOFSL) is an all-around enhanced monetary administrations organization offering a scope of money related items and administrations, for example, Private Wealth Management Retail Broking and Distribution Institutional Broking Asset Management Investment Banking Private Equity Commodity Broking Currency Broking and Home Finance. Motilal Oswal […]
Anuj Puri, Chairman – ANAROCK Property Consultants Miracles have been known to happen when a chequebook lies on the negotiation table Stamp Duty Shocker On the real estate market, upward revisions of any kind can doubtlessly hurt. Let’s take the Maharashtra Government’s proposal to levy a surcharge of 1% on stamp duty, effectively raising it […]
