Entry Fee Offset in Spectrum Bids Caused Rs 5,476-Cr Loss: Government Auditor

Entry Fee Offset in Spectrum Bids Caused Rs 5,476-Cr Loss: Government Auditor

New Delhi: Adjustment of one-time entry fee paid by telecom companies whose licences were quashed by the Supreme Court against the spectrum price they paid in 2012-13 deprived national exchequer of Rs 5,476.3 crore, a CAG report tabled in Parliament...
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Real Estate Bill Could Encourage FDI Inflows: Nomura

Real Estate Bill Could Encourage FDI Inflows: Nomura

New Delhi: The Real Estate Bill can bring greater credibility to the sector through more transparency as well as accountability and could encourage flow of FDI (foreign direct investment) funds into the market, a report by global financial services firm...
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Facebook’s Zuckerberg Settles Real Estate Lawsuit For No Payout

Facebook’s Zuckerberg Settles Real Estate Lawsuit For No Payout

San Francisco: Mark Zuckerberg has agreed to settle a lawsuit and pay no money to a real estate developer who sued him in a dispute over property near the Facebook Inc chief executive’s home in Silicon Valley, his lawyer said...
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Godrej Properties Partners With APG To Set Up $275-Million Fund

Godrej Properties Partners With APG To Set Up $275-Million Fund

New Delhi: Realty firm Godrej Properties Ltd (GPL) on Monday announced setting up of a real estate fund, which has raised $275 million, with Dutch pension fund APG as the lead investor. The fund will invest in residential projects in...
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JLL Partners Brokers Network Platform BroEx To Sell Homes

JLL Partners Brokers Network Platform BroEx To Sell Homes

New Delhi: BroEx, a mobile-based property brokers network, has tied up with real estate consultant JLL India’s housing arm for getting access to exclusive deals. JLL has recently announced its foray into e-commerce to market homes online through new plat...
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Over Dollar 1 Trillion To Enter Global Real Estate Market in 2016: Survey

Over Dollar 1 Trillion To Enter Global Real Estate Market in 2016: Survey

New Delhi: Global realty market is likely to witness an investment of more than dollar 1 trillion this year, up 6 per cent from 2015, as investors continue to find real estate appealing on relatively higher returns, according to property...
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