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The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. The Act establishes a Real Estate Regulatory Authority (RERA) in each state for regulation of the real estate sector and also acts as an adjudicating body ...
Several of the India's publicly traded real estate firms are in debt. The inventory of unsold real estate assets is growing and it is expected the market will undergo price corrections. [35] According to Mumbai-based market research agency, Liases Foras, 30% of the transaction in the real estate sector is done with black money. [36]
LexisNexis Risk Solutions moved into Collections after Reed Elsevier acquired the public records businesses of Dolan Media Company in 2003. [9] That same year, the LexisNexis Special Services Inc. (LNSSI) was founded to provide government agencies with global sources of data fusion technology and analytics.
Gujarat is the sixth largest state in India, located in the western part of India, with a coastline of 1,600 km (990 mi), which is the largest in India. It is one of the most popular states in the country, with an annual footfall of 19.81 million tourists in the fiscal years 2010–11. [ 134 ]
The act amended the Bombay Provincial Municipal Corp Act 1949, the Gujarat Municipalities Act 1963, and the Gujarat Panchayat's Act 1993. The new rule applies to the elections to all seven municipal corporations, 159 municipalities, 26 district panchayats, 223 taluka panchayats and in 13,713 village panchayats of the state.
The company is headed by Rajiv Singh, who is the current chairman of the DLF Group. According to the Forbes listing of richest billionaires in 2023, Kushal Pal Singh, Chairman Emeritus, is the 19th richest man in India with a net worth of US$8.8 billion. The company's $ US$ 2 billion IPO in July 2007 was India's biggest IPO in history. [6]
In December 2024, it was announced that, after 166 years, Estate Gazette would cease publication in 2025. [ 5 ] [ 6 ] EG's managing director Chris Fleetwood said "headwinds that have struck the whole of the commercial real estate industry hard have had an irreparable impact on the EG business."
The name "GIFT" is an acronym that stands for "Gujarat International Finance Tec-City". The word "Gujarat" refers to the western Indian state where the city is located."International" signifies that the city is intended to be a global hub for financial and business services, attracting businesses and investors from around the world.