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Tech Sector Faces Uncertainty; Cement and Real Estate Show Promise: BofA Securities

real estate news

Tech Sector Faces Uncertainty; Cement and Real Estate Show Promise: BofA Securities

Kunal Tayal, Senior Analyst at BofA Securities, provides insights into the tech, cement, and real estate sectors, highlighting the ongoing uncertainty in tech and the potential for growth in cement and real estate.

June 7, 2025
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DHFL Used Software to Mask Crores Diverted to Shell Firms: ED Charge Sheet

Real Estate Mumbai

DHFL Used Software to Mask Crores Diverted to Shell Firms: ED Charge Sheet

The Enforcement Directorate (ED) has revealed in its charge sheet that Dewan Housing Finance Corporation Limited (DHFL) used a sophisticated software to split crores of diverted funds into thousands of retail loans, masking the fraud from banking regulators. The Wadhawan brothers, promoters of DHFL, are accused of diverting funds to 87 shell firms for personal and business use.

May 30, 2025
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RERA: Eight Years Later, Promises and Challenges in the Real Estate Sector

real estate news

RERA: Eight Years Later, Promises and Challenges in the Real Estate Sector

Eight years after its implementation, the Real Estate (Regulation and Development) Act, 2016 (RERA) has made significant progress, but challenges in data management and enforcement persist, especially in states with interim authorities.

May 29, 2025
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Maharashtra's Ring Roads: Progress for Some, Displacement for Many

Real Estate Maharashtra

Maharashtra's Ring Roads: Progress for Some, Displacement for Many

Maharashtra's ambitious ring road projects aim to decongest cities and boost logistics, but they often overlook the needs of daily wage earners, gig workers, and low-income commuters who depend on affordable public transport.

May 28, 2025
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BPR&D Launches Innovative CCTV Hackathon for Law Enforcement

Real Estate

BPR&D Launches Innovative CCTV Hackathon for Law Enforcement

The Bureau of Police Research and Development (BPR&D) has introduced a groundbreaking CCTV Hackathon aimed at enhancing law enforcement capabilities through advanced AI and surveillance technologies.

May 26, 2025
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ED Unveils Blueprint of Betrayal: ₹12,000 Crore Real Estate Scandal Rocks Top Builders

Real Estate Mumbai

ED Unveils Blueprint of Betrayal: ₹12,000 Crore Real Estate Scandal Rocks Top Builders

The Enforcement Directorate (ED) has launched a major crackdown on real estate fraud, raiding 15 locations in Delhi-NCR and Mumbai. The ₹12,000 crore scam involves prominent builders like JP Infratech, Gaursons Group, and Gulshan Group, with allegations of fund diversion and money laundering.

May 25, 2025
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