Emaar Properties bullish on Indian realty sector; eyes to develop joint venture projects, new markets
In 2005, Emaar Properties entered the Indian real estate market in partnership with MGF group and invested Rs 8,500 crore through joint venture Emaar MGF Land Ltd.
Home-buyers as financial creditors: Developers' default risks spike with delayed projects, says Icra
There have been various instances of aggrieved home-buyers initiating insolvency proceedings against developers who have delayed project execution.
Development Commissioners of special economic zones have recommended cancellation of 'formal approval' granted to as many as 43 SEZ developers, including Reliance Infocom Infrastructure and Emaar MGF Land Ltd.<br />