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Indiabulls Real Estate gains on acquiring Gurugram land

Shares of Indiabulls Real Estate advanced over 2 per cent on Tuesday after the company through its wholly-owned subsidiary Ashkit Properties, acquired an over 3.3 acre land parcel on National Highway 8 in Gurugram.  Following the development, the stock gained 2.88 per cent to end the session at Rs 247.95 on BSE. It opened at Rs 242.80 and touched an intraday high and low […]

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Builder Cheats Buyer, Resells Mortgaged Home

Sambhav Infrastructure is back in the news for all the wrong reasons. One of the flat owners at ‘Stavan Avisha’, a residential property built by Sambhav Infrastructure Private Limited in Satellite, has lodged a complaint at Anandnagar Police Station against the director of the company Mihir Desai. The complainant has alleged that Desai had registered an illegal ‘banakhath’ on the […]

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Few takers for DDA flats despite deadline extension

Despite extending the deadline once for its 2017 housing scheme, the Delhi Development Authority (DDA) has failed to attract prospective buyers.  Till Wednesday, the DDA had received only 6,000 applications which is half the number of flats on offer. DDA had launched the housing scheme on 30 June this year, offering over 12,000 flats in Delhi’s Mundka, Bawana, Rohini and […]

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