Indiabulls has bagged the city's biggest redevelopment project. Gagan Banga, spokesperson for the group, said the Mantralaya venture was the most expensive project in the country. "At Rs 344.12 crore per acre, it is also the most expensive per acre deal in the country and probably Asia. This will... More

Indiabulls Power, a unit of Indiabulls Real Estate, is in the final stages for a pre-IPO placement to raise Rs 410 crore from a group of banks and financial institutions. It is also looking to place the shares with a couple of private equity players, said people familiar with the development.

India Inc's hiring activity picked up by 1.3 per cent in July with improvement in recruitment in IT, real estate and retail sectors, says a survey by job portal Naukri.com. The Naukri's monthly ‘JobSpeak index' continued to move upwards and edged up by 1.3 per cent to 727 in July... More

A stint or two abroad is a common thing for most professionals these days. No wonder, financial advisors have to deal with many Indians with non-resident tag these days. According to them, most non-residents are keen to keep their Indian ties intact and invest in various avenues like mutual funds (MFs),... More

DLF has bagged the country's largest land deal so far for Rs 1,750 crore, barely two days after it emerged as the sole bidder for the 350.7 acres of prime real estate in Gurgaon. This is also seen as a sign of revival of real estate in the country. The land was originally tendered in January 2009,... More

The government is considering a sweeping review of its FDI guidelines following increasing risk of terror funds being parked in the country and other investments fraught with security implications.

The National Security Council has, in a secret report, suggested enactment of an umbrella... More

The demand fundamentals of the India story are now focused around all cities that have sufficient economic activity, be it industrial, service sector-driven or incentive-driven programs by the State Government. In Gujarat, which has seen considerable industrial progress, the key cities of Ahmedabad,... More