Realty projects News
The Supreme Court today agreed to hear the Centre's petition seeking transfer of various pleas, which are challenging validity of the Real Estate (Regulation and Development) Act (RERA) and are pending in different high courts, to the Delhi High Court.
Maharashtra accounts for nearly 25 percent of the total investments attracted by real estate and construction industry in India, showed a recent study by industry body Assocham.
Nearly 24,700 units were launched during the period as against 55,500, registering a 50 per cent decline compared to January-March quarter of 2014 mainly due to lower returns on sales.
In the last 5 years, the company has seen its debt-equity ratio coming down by close to 60 percent from 1.15 in FY'10 to 0.48 in FY'14.
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