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Haryana govt red-faced as officials give Vadra clean chit in DLF land deal

The Haryana government on Friday claimed no clean chit has been given to anyone after revenue officials said no rules were broken in the transfer of land to realty major DLF by Skylight......

Panama papers: Govt sets up multi-agency probe team on money stashed abroad

With 500 Indians being named in leaked 'Panama Papers' for alleged offshore holdings, government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action......

Vadra storm exposes double standards in Cong leadership

Congress leaders going all-out to defend Sonia Gandhi's son-in-law has left several red faced, with leaders privately speaking of unfair practices in the party, reports Renu Mittal. Almost the......

Jhunjhunwala on why realty developers should not list on bourses

Ace investor Rakesh Jhunjhunwala on Thursday said real estate developers are afflicted with very low return on capital as compared to bluechip stocks. Photograph: Shailesh Andrade/Reuters......

It's raining malls in India this year

7.8 million square feet of mall space is under construction this year, the highest ever since 2011.Raghavendra Kamath reports. Between 2018 and 2020 India is expected to see around 20 million......

Sensex slips 47 pts as RBI holds policy rate

Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged. Benchmark indices pared losses to end the day on a flat note after the Reserve Bank......

Affordable housing to get infrastructural status; realty stocks soar

Finance Minister Arun Jaitley on Wednesday said that said that affordable housing will be given infrastructural status, a move that will reduce costs for developers and attract investors. In his......

Note ban, mega deals shaped India's realty segment

While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation, reports Raghavendra......

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