AP Vigilance Raids Emaar and Raheja Offices

AP Vigilance Department Officials raided the premises of Emaar-MGF and the Raheja IT park, on 2 Nov 10, in the wake of allegations that they have cheated the Andhra Pradesh Industrial and Infrastructure Corporation (APIIC) by diluting its stake in…

SBI and HDFC Dominate the Housing Finance Market

State Bank India, the country’s largest lender has equaled the HDFC’s share in the domestic housing finance market share. A recent ICRA report on ‘Performance review of housing finance companies and Indian mortgage finance market for 2009-10’ stated that both…

HDFC Chairman Calls for Affordable Housing

HDFC chairman Deepak Parekh urged the nation’s mortgage lenders to make housing affordable and available in urban areas to help tackle the issue of urbanisation in our country. He said that India has always under invested in cities and more…