In its efforts to regulate the development of housing, has mooted a system of rating for builders and grading of the property built by them—but there has been poor response for it.According to Mr. S. Sridhar, Chairman, NHB, the methodology
Ruchi Realty Holdings Pvt Ltd, a venture of the city-based Ruchi group of industries, has embarked on a Rs 450-crore real estate project for construction of 796 luxury apartments here.Ruchi Realty Vice-President Shivam Asthana said today that the project would
Property developer Oberoi Constructions is exploring possibilities of SPV-level joint venture partnerships with financial institutions besides an initial public offer next year to finance its Rs 12,500-crore expansion, a top company official said today."We have divested 10 per cent equity