Yes Bank loans to real estate companies under scanner
NEW DELHI: A number of loans granted to stressed non-banking financial companies (NBFCs) by Yes Bank have come under the scanner of...
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MindCept
Mar 11, 20202 min read
India's poor risk loss of privacy, land in drive to digitise records
A push to digitise land records in India to establish ownership and minimise conflicts has raised concerns over privacy for poorer...
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MindCept
Mar 11, 20202 min read
Haryana departments to have property tax head in their budgets
PANCHKULA: The Haryana government has asked all its departments to create a property tax head in their budgets under the expenses...
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MindCept
Mar 11, 20201 min read
Visakhapatnam: Deadline to apply for layout regularisation scheme extended to April 6
VISAKHAPATNAM: VMRDA metropolitan commissioner P Koteswara Rao on Monday said the state government had extended layout regularisation...
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MindCept
Mar 9, 20201 min read
Strata raises $1.5 million from SAIF Partners, Mayfield India & PropStack
NEW DELHI: Strata, tech-enabled commercial real estate investment platform has raised $1.5 million in a seed round led by SAIF Partners...
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MindCept
Mar 9, 20203 min read
Maharashtra cuts stamp duty by 1% for two years
MUMBAI: Presenting a Rs 9,511 crore deficit budget for 2020-2021, Maharashtra Deputy Chief Minister Ajit Pawar on Friday hiked VAT on...
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MindCept
Mar 9, 20201 min read
DLF's board-constituted panel approves Rs 1,000-crore fundraising proposal
NEW DELHI: Realty major DLF said a panel constituted by its board has approved a proposal to raise up to Rs 1,000 crore through issue of...
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MindCept
Mar 9, 20202 min read
ED arrests Yes Bank promoter Rana Kapoor in DHFL money laundering case
MUMBAI: The Enforcement Directorate arrested Yes Bank founder Rana Kapoor under money laundering charges here in the early hours of...
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MindCept
Mar 9, 20202 min read
Demand for office space in SEZs on the rise despite sunset date of March 31
BENGALURU: The appetite for space in special economic zones is on the rise despite the fast approaching sunset date of March 31, 2020,...
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MindCept
Mar 9, 20201 min read
Chennai civic body to revamp old commercial complexes under PPP model
CHENNAI: In a few years, rundown shopping complexes owned by Greater Chennai Corporation across the city may be replaced by malls or...
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MindCept
Mar 9, 20202 min read
BNP Paribas renews BKC lease at record rentals
MUMBAI: International banking and financial services major BNP Paribas' India arm has renewed lease of over 53,000 sq ft at Maker Maxity...
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MindCept
Mar 9, 20202 min read
Government approves DLF's proposal to set up SEZs
NEW DELHI: The government has approved the proposals of software firm TCS and realty major DLF to set up special economic zones (SEZs)...
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MindCept
Mar 5, 20202 min read
MSRDC to lease out South Mumbai plot to fund infra projects
MUMBAI: The Maharashtra State Road Development Corporation’s (MSRDC) has decided to lease out a prime sea-kissing plot of land it owns on...
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MindCept
Mar 5, 20202 min read
Blackstone India to focus on real estate; to create office & warehousing spaces
MUMBAI: India is plagued with a slowing economy and lack of finance currently, Blackstone's chairman Stephen Schwarzman said, hinting...
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MindCept
Mar 5, 20203 min read
India has given us the strongest results globally: Stephen Schwarzman, Chairman, Blackstone
MUMBAI: The USD 572-billion private equity giant Blackstone, which has pumped in USD 15.5 billion into scores of companies in the country...
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MindCept
Mar 5, 20202 min read
BMC sends letter to ED to recover Rs 10 crore tax from Nirav Modi’s properties
MUMBAI: The BMC, in a desperate bid to recover Rs 9.42 crore, owed as property tax by fugitive economic offender Nirav Modi, has written...
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MindCept
Mar 5, 20202 min read
MahaRERA pulls up over 950 developers for not completing projects
Mumbai and Thane, for not completing projects within the deadline and seeking an extension from the real estate regulatory authority. ...
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MindCept
Mar 5, 20201 min read
WeWork offloads office management platform 'Managed by Q' to Eden
BENGALURU: Office management platform Eden said on Tuesday it has acquired shared workplace operator WeWork's Managed by Q for an...
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MindCept
Mar 3, 20202 min read
GIC, QIA, ADIA look to invest $400 million in Prestige Estates
BENGALURU: Singapore’s sovereign wealth fund GIC, Qatar Investment Authority (QIA) and Abu Dhabi Investment Authority (ADIA) are in talks...
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MindCept
Mar 3, 20202 min read
Realty developers outsourcing sales to cut recurring costs
MUMBAI: With pressure on margins and no visible upside on residential property prices, a rising number of real estate developers are...
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