User: divya_rrs Topic: Bombay
Category: Real Estate
1 new since Sep 26 2017 18:02 IST RSS 2.0
 
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Sensex retreats on weak Asian cues; pharma, metals ... 10.11.2025 CNN-IBN Top Stories
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Dawood Ibrahim funded Zakir Naik's Islamic Research Foundation: Iqbal Kaskar 26.9.2017 Zee News : States
Iqbal Kaskar was arrested recently in an extortion case recently. 
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Govt setting up 31-member committee to advise on RERA, protect home buyers 26.9.2017 All Economy & Policy Stories
About one million buyers invest every year with the dream of owning a house
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Motilal Oswal Private Equity’s realty arm raises Rs 1,000 crore 26.9.2017 ET: Finance / Insurance
Along with NCDs and proprietary investments, Motilal Oswal Real Estate's cumulative assets under management are currently over Rs 2,000 crore.
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Patanjali's Balkrishna in Hurun rich list 2017 25.9.2017 TOI: Home
Acharya Balkrishna, the head of yoga expert Baba Ramdev-run FMCG company Patanjali and Radhakishan Damani of D-Mart have found their place along with Mukesh Ambani's in the Hurun India rich list 2017.
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Thane land deal raises Oberoi Realty's prospects 25.9.2017 Latest News
On a day when the markets fell for the second consecutive session, Mumbai-based Oberoi Realty was up 3 per cent after the company acquired a 60 acre land parcel in Thane (total saleable area of 8.3 million square feet) for Rs 550 crore from GlaxoSmithKline Pharma. The pharma multinational's stock ended flat.The reason for investor interest in Oberoi Realty is the steep discount of the deal and growth visibility that it gets with the acquisition. The latest deal values the per acre price at under Rs 9.3 crore, while the circle rate and recent transactions peg it at closer to Rs 30 crore an acre. JM Financial's Abhishek Anand says the reason for the same is due to size of the land parcel, lack of key approvals and higher regulatory costs.What makes Oberoi undertake such moves is that unlike the more leveraged players, the company's balance sheet is strong with debt-to-equity of 0.1 times, which allows it to go for large outright purchases. Further, given that the land in question has ...
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Siemens sells Worli office property for Rs 610 cr 25.9.2017 Business Standard: News Now
Last December Siemens had entered into a pact with Whispering Heights to sell the Mumbai property
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Nifty breached 9,800-level, down 92 pts 25.9.2017 deccanherald.com
The NSE benchmark Nifty ended below 9,900 level, falling by 91.80 points or 0.92 per cent to 9,872.60 following heavy selling amid concerns over FIIs pulling out coupled with unending Korean tension dampening sentiment. Overseas, European and Asian stocks dropped as investors digested elections in Germany and New Zealand over the weekend. The Nifty opened lower at 9,960.10 and drifted further to 9,816.05 before ending at 9,872.60, fell by 91.80 points, or 0.92 per cent. It saw an intra-day movement of about 144 points. On the sectoral front, realty dipped 3.13 per cent, followed by pharma 1.78 per cent, metal 1.19 per cent, infra 1.11 per cent, finance service 1.11 per cent, auto 1.09 per cent, FMCG 0.95 per cent, PSU banks 0.85 per cent, banks 0.84 per cent, private banks 0.75 per cent and IT 0.59 per cent. Major Index losers were, ACC, AuroPharma, Adaniports, AmbujaCem, UltraCemCo, ACC, ITC, IOC and Bosch Ltd. Gainers were Tata Power, Coal India, Zeel, ICICI Bank, Hindunilver, Bank Of Baroda, Reliance ...
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Siemens sells Worli office property for Rs 610 crore 25.9.2017 ET: Engineering
Last December Siemens had entered into a pact with Whispering Heights to sell the Mumbai property.
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Data tracker: Significant chunks of India's FDI inflows aimed at distressed corporate assets 25.9.2017 Top Stories
Nearly 50% of the $44 billion that came in as foreign direct investment inflows in 2016 went towards brownfield projects
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MHADA's affordable housing for the rich 25.9.2017 DNA: Opinion
The aim of the annual MHADA lottery has been to provide common Mumbaikars the opportunity to buy affordable homes in the city. However, this year the lottery, scheduled for November 10, has received a lot of flak owing to the prices of the houses on sale. The homes in Lower Parel are being sold at Rs 1.95 crore while those in Powai have been priced upwards of Rs 1.30 crore. To top it all, out of the 819 homes on sale this year, only eight homes belong to the lottery's Economically Weaker Sections (EWS) category. The High Income Group (HIG) has 338 homes, the Middle Income Group (MIG) 289, and the Lower Income Group (LIG) 192. DNA spoke to people across the city to find out whether they think the houses listed in the MHADA lottery this year belong to the "affordable" segment anymore, and whether the houses are out of grasp for most average Mumbaikars. This wrecks the MHADA's root scheme. Common people too aspire to live in prime locations. But now, the common man will refrain from registering. It is like ...
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Bullet trains can help in regenerating economy, building new townships: Jaitley 24.9.2017 TOI: India
"A common misconception has to be cleared that improving connectivity will only empower the rich and not the common man," Arun Jaitley said. He had also stated that a new economic system was being developed along the Mumbai-Ahmedabad corridor, and the entire area would become a single economic zone.
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Actor's dispute: SC says firm can raise issue before arbitrator 23.9.2017 Deccan Herald - TOP STORIES RSS FEEDS
The Supreme Court has said that a Mumbai-based real estate firm, entangled in a property dispute with thespian Dilip Kumar, could raise the issue of alleged breach of contract by the actor before the apex court- appointed arbitrator.The top court, which had on August 30 asked the actor to deposit Rs 20 crore with its registry as part payment to the builder with whom the agreement to develop his prime Pali Hill property ran into rough weather a decade ago, was informed that Kumar had deposited the money as directed by the court.The actor had entered into an agreement with Prajita Developers Pvt
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What spooked the markets on Friday? 23.9.2017 Rediff: Business
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
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Reforms such as RERA, REITs and easier FDI norms main draw: Experts 23.9.2017 ET: Finance / Insurance
Among foreign investors, participation from a few countries such as Canada, Hong Kong, the Netherlands and Qatar have gained prominence over traditional investors like Singapore and the US
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Oberoi Realty to buy GSK Pharma's Thane plot for Rs 555 cr 22.9.2017 News
Board members gave nod to the sale in a meeting today; deal subject to statutory and regulatory approvals
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Pradhan Mantri Awas Yojana: Time to avail subsidy extended 22.9.2017 TOI: India
The Centre has decided to extend the timeline for availing interest subsidy of around Rs 2.6 lakh on home loans under the Pradhan Mantri Awas Yojana (Urban) by the middle income groups (MIG) up to 2019.
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Biggest Home Hunt from Kolte-Patil 22.9.2017 New Kerala: Business India
Mumbai, Sep 22: Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL), a leading real estate company in India, is kicking off the festive season with the launch of the "Biggest Home Hunt from Kolte-Patil" (BHK) in Pune from 23rd September to 8th October 2017.
Interest Subsidy Scheme on home loans for MIG extended by another 15 months 22.9.2017 Govt of india: PIB
The central government today announced that the benefit of interest subsidy of about Rs.2.60 lakh on home loans under Pradhan Mantri Awas Yojana (Urban) will now be available for beneficiaries belonging to Middle Income Groups
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CARE ratings for Indian debt instruments-Sep 22 22.9.2017 TOI: Intl Business
CARE-RATINGS/(DAILY):CARE ratings for Indian debt instruments-Sep 22
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