March 21, 2018
NEW DELHI: An Indian company that is partnering with the Trump Organization on an office tower project has been accused of running an elaborate real estate swindle that cheated investors out of nearly $150 million, according to complaints filed with Indian authorities. Ramesh Sanka, the former CEO of the real estate firm IREO, said in…
March 21, 2018
MUMBAI: The redevelopment of existing slums and MHADA buildings will soon be brought under the regulations of the Maharashtra Real Estate Regulatory Authority (RERA), state housing development minister Prakash Mehta said on Monday. He was replying in the Legislative Assembly to a calling attention motion by BJP MLA from Dharavi, R Tamil Selvan. Dharavi is…
March 21, 2018
MUMBAI: For top executives of Indian and multinational companies, the posh accommodation that companies used to provide as a perquisite to attract talent is no longer such a compelling proposition. Many executives who aren’t too keen on this option prefer a big hike in pay packages to compensate. While expats working in India still favour…
March 20, 2018
MUMBAI: In a major relief for thousands of citizens battling stalled redevelopment projects, the Maharashtra government will soon bring redevelopment projects by Mhada and slum rehabilitation (SRA) schemes under the purview of the Real Estate (Regulation and Development) Act (Rera). “We will soon be taking this decision and issuing a notification,” housing minister Prakash Mehta…