Posts Tagged “in”

Construction, property industries in trouble: Rajan

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Construction, property industries in trouble: Rajan

India’s real estate, construction and infrastructure industries are in “deep trouble,” and non-bank finance companies which lend to these sectors should have their asset quality reviewed, former Reserve Bank of India (RBI) Governor Raghuram Rajan said. There is also “significant distress in rural areas,” Rajan wrote in an opinion piece in India Today magazine. He…

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PVR Cinemas opens its first international property in Sri Lanka

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PVR Cinemas opens its first international property in Sri Lanka

Leading multiplex chain PVR Cinemas marked its international foray by launching its first property in Sri Lanka on Friday. The multiplex chain said that it has opened a 9-screen property at Colombo in collaboration with the Shangri La Group. The company had first announced plans to enter Sri Lanka about two years ago. In a…

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Cygnett Hotels & Resorts Opens its Latest Property in McLeodganj

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Cygnett Hotels & Resorts Opens its Latest Property in McLeodganj

CYGNETT HOTELS is constantly taking strides to open new properties to promote sublime hospitality experience and promote destinations unlike before. In its latest endeavour, the Cygnett Group launched Cygnett Style Signature in McLeodganj, Himachal Pradesh. With this opening, it is inching closer to its target to have an inventory of 35 properties by 2020. Cygnett…

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MBA student, friend held for property dealer’s murder in Gurugram

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MBA student, friend held for property dealer’s murder in Gurugram

GURUGRAM: An MBA student and her friend were arrested by Gurugram police on Saturday for allegedly murdering sarpanch-cum-property dealer Roshan Lal at Rajendra Park here on Saturday. The MBA student, identified as Sumit Phogat (24), and her associate, Vikram (32), were arrested from Honda Chowk early on Saturday. Phogat reportedly confessed that she committed the…

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China’s imports and exports fell more than expected in September

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China’s imports and exports fell more than expected in September

China’s import and export data for September came in worse than expected amid the country’s ongoing trade friction with the U.S., Reuters reported on Monday, citing the Chinese customs. In U.S. dollar terms, China’s exports fell 3.2% in September from a year ago, while imports dropped 8.5% during the same period, according to Reuters. The…

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40 lakh slum dwellers in Delhi to win property rights

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40 lakh slum dwellers in Delhi to win property rights

Almost 2,000 informal settlements in Delhi are set to be legalised under a new law agreed by the government this week, which ministers said would give more than 4 million residents the right to own their homes in India’s capital.  Union Cabinet this week passed a bill to regularise 1,797 unauthorised slums in the country’s…

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SBI, Bank of Baroda, Kotak Mahindra Bank offer personal loan in 59 minutes. How it works

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SBI, Bank of Baroda, Kotak Mahindra Bank offer personal loan in 59 minutes. How it works

Banks have now started offering in-principle approval of personal loan in less than an hour on ‘PSB Loans in 59 Minutes’ portal from this September. More than 25 public and private sector banks, including the State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda, Kotak Mahindra Bank and Union Bank of India will approve…

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Sanjay Khan gets high court relief in property case

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Sanjay Khan gets high court relief in property case

Court says actor/director has the right to use the internal roads on a plot of land adjoining his Juhu bungalow. The Bombay High Court in an interim order has upheld actor/director Sanjay Khan’s right to use the internal roads on a plot adjoining his bungalow in Juhu. The court has further disallowed any development on these roads…

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Caught on cam: 2 men open fire at property dealer in Gaur City

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Caught on cam: 2 men open fire at property dealer in Gaur City

Noida Police has been investigating the matter. (Screengrab from the CCTV footage) An incident of firing has been reported in Gaur City in Greater Noida, Uttar Pradesh. The incident happened around 7 pm at the 6th avenue near G block on Thursday. A CCTV footage of the area shows two men confronting a man, reportedly…

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Trouble over Sara Ali Khan’s ancestral property in Uttarakhand, FIR filed

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Trouble over Sara Ali Khan’s ancestral property in Uttarakhand, FIR filed

DEHRADUN: Bollywood actress Sara Ali Khan’s ancestral property worth crores is now embroiled in legal trouble. Uttarakhand Police had set up an SIT to probe the purported sale of the land and following its report indicating fraud, an FIR has been filed. Talking to IANS, Inspector General of Police, Garhwal, Ajay Rautela said that a case of fraud…

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Half of unsold ready-to-move-in property in Mumbai affordable

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Half of unsold ready-to-move-in property in Mumbai affordable

A recent data released by Proptiger.com, indicates that developers had an unsold stock of over 2.93 lakh units till July 2019 in Mumbai Metropolitan Region (MMR). Out of these, over 1.41 lakh units (over 48% of the stock) are priced up to ₹45 lakh. Proptiger.com is a real estate portal owned by Elara Technologies Pte Ltd…

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Elderly man in Dubai risks losing Dh202,400 property deposit

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Elderly man in Dubai risks losing Dh202,400 property deposit

Dubai: An elderly man, who used his life-savings to make a Dh506,000 down payment on a Dh1.15 million villa, is seeking help after payment defaults mean he risks losing a substantial part of his deposit. Ex-banker Abdullah Khamis Bashammakh, 67, said he has had no income for the past four years and therefore cannot pay…

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US import, export prices up in July

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US import, export prices up in July

U.S. import and export prices both increased in July, the U.S. Department of Labor reported on Wednesday. The price index for U.S. imports rose 0.2 percent in July, after a decrease of 1.1 percent in the previous month. Prior to June, prices for U.S. imports advanced in each of the first 5 months of 2019….

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Why you shouldn’t rush to buy property in J&K

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Why you shouldn’t rush to buy property in J&K

Now that Article 35A, a law that debarred non-residents of Jammu and Kashmir from buying properties in the erstwhile state, has been revoked, people from other states can own immovable property in the newly carved Union territory. However, there’s not much clarity on how the move will pan out for investors. Two days after Article…

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