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
- Sahara firm bypassed norms to raise funds, SC told - Jun 12, 2012
- Sahara firm bypassed norms to raise funds, SC told - Jun 12, 2012
- Court asks Sahara to return Rs.17,000 crore to investors (Lead) - Aug 31, 2012
- Return Rs.17,400 crore to investors, Surpeme Court tells Sahara (Second Lead) - Aug 31, 2012
- 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
- SC reserves verdict on Sahara group plea - Jun 14, 2012
- Reality check on Sensex and India's realty industry (Comment) - Oct 07, 2010
- SC reserves verdict on Sahara group plea (Lead) - Jun 14, 2012
- Realty stocks on sticky wicket amid high interest rates, controversies - Aug 21, 2011
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