Ernst & Young has said in its report that Tatas should be given right of first refusal or the option to match the highest bid.
DLF has had a stressed fin year 2012, with operating cash flows of Rs 1,500 cr being insufficient to service interest payment of Rs 3,000 cr.
In good news for flat buyers in Noida Extension, the National Capital Region Planning Board today gave its approval to the Draft Master Plan for Greater Noida-2021.
Manoj Gaur certainly needs all the blessings to manage the Rs 45,000 crore debt of the group, and to align himself with the new leadership in Uttar Pradesh.
The mall was originally planned in 2005 to be completed by 2007 when it would have been largest in world, but was put on back burner as demand waned.
US government has hired Knight Frank to carry out a valuation and strategic review of all its real estate properties in India as a possible precursor to the sale of some assets.
Restrained consumer spending due to high level of inflation and slowdown in expansion by retailers subdued demand for retail space.
The Sahara Group is in talks with US-based Oasis West Realty to pick up a controlling stake in Beverly Hilton hotel, a landmark Los Angeles property .
More and more shopping malls in Indian cities are struggling to find tenants because retailers want to open stores only in high quality spaces.
The new farmhouse policy of Delhi will reduce the ownership cost of farmhouses as it allows a minimum size of 1 acre against 2.5 acres earlier.
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