DLF group firm to pay Rs 7.12 lakh for unfair trade practice

Last Updated: Sunday, August 26, 2012, 11:00

A consumer forum has held a DLF group firm guilty of resorting to unfair trade practice for taking money from a cancer patient for a flat in an unapproved residential project and has asked them to pay him Rs 7.12 lakh.

Omaxe Q1 sales booking down by 16% at Rs 436 cr

Last Updated: Wednesday, August 22, 2012, 20:30

Realty firm Omaxe Ltd sold properties worth Rs 436 crore during the first quarter of this fiscal, down by 16 percent from the year-ago period.

'Realty firms postpone shopping mall construction in 8 cities'

Last Updated: Wednesday, July 11, 2012, 19:12

Realty firms have delayed the construction of shopping malls in eight major cities due to large vacant space in the existing complexes, according to property consultant Cushman & Wakefield.

Realtors expect rise in property demand after RBI's rate cut

Last Updated: Tuesday, April 17, 2012, 14:28

Realty firms on Tuesday hailed the RBI's decision to cut short-term lending rate saying the move would reduce the cost of funds to home buyers as well as developers and boost property demand.