Highlights of developments in realty industry (To go with: Tough year for realty, no respite seen in short-run)
December 29th, 2011 - 12:53 pm ICT by IANSFollowing are the highlights of the developments in realty industry in 2011:
-Circle rates hiked in Delhi to curb black money flow and bring transparency.
-National Investment and Manufacturing Zones to boost industrial real estate.
-Sale deed made mandatory by Supreme Court for property transfer.
-India’s first all-woman housing society in Panchkula.
-Realty growth dips from 25-30 percent to about 15 percent.
-DLF fined Rs.630 crore for abusing its dominant position, tribunal stayed penalty.
-Sahara realty ordered to refund money to investors, order challenged.
-Number of realty firms deferred public offers.
-Government failed to introduce Real Estate Regulatory Bill.
-Land Acquisition and Rehablitation Bill also not introduced.
- Tough year for realty, no respite seen in short-run (2011 in Retrospect) - Dec 29, 2011
- Apex court extends interim relief for Sahara group firms (Lead) - Jan 09, 2012
- Regulation only way to weed out graft in realty sector (Comment) - Apr 06, 2011
- Apex court notice to SEBI on Sahara companies' plea - Nov 28, 2011
- Now real estate sector needs reform (Comment) - Oct 30, 2011
- Apex court extends interim relief for Sahara group firms - Jan 09, 2012
- New bill seeks to protect home buyers, curb graft in realty - Nov 11, 2011
- Reality check on Sensex and India's realty industry (Comment) - Oct 07, 2010
- Realty stocks on sticky wicket amid high interest rates, controversies - Aug 21, 2011
- Constant rate hikes have further burdened realty industry (Comment) - Aug 03, 2011
- Towards transparent transactions in realty industry (Comment) - May 04, 2011
- Realty industry welcomes rate cut, sees benefit for all - Apr 17, 2012
- Court dismisses DLF plea (Lead) - Jan 03, 2012
- Property sector needs transparency: Minister - Sep 22, 2011
- Realty industry welcomes rate cut, sees benefit for all (Lead) - Apr 17, 2012
Tags: black money, crore, dips, dlf, dominant position, housing society, India, investors, land acquisition, money flow, national investment, real estate sale, realty firms, realty industry, regulatory bill, respite, sahara, supreme court, transparency, tribunal