Real Estate News Update for August 24
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Chief minister Pramod Sawant on Friday said the recently reconstituted group of ministers (GoM) on real estate sector were of the opinion that the Good and Service Tax (GST) on housing should be bare minimum to make housing affordable for the common man
American multinational investment company counted amongst the world's largest asset management firms BlackRock Inc.
Construction at the long-stalled Jaypee Infratech Limited (JIL) residential projects is set to commence with the Suraksha Group, which recently assumed control of the debt-ridden realty firm, awarding tenders for 41 of the 97 towers across nine delayed projects to various contractors.
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Supreme Court orders Yamuna Expressway Industrial Development Authority (YEIDA) to file an affidavit indicating the monetary and other concessions it gave to them and also inform what steps it had taken to protect their interests during the subsistence of the concession agreement it had with erstwhile promoter Jaiprakash Associates Ltd.
Adani Group promoter on Friday divested nearly a 2.8 per cent stake in Ambuja Cements to investors like GQG Partners for Rs 4,250 crore via open market transactions.
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