Hindenburg questions SEBI chief’s silence on fresh charges
US-based short seller Hindenburg Research has questioned SEBI chief Madhabi Puri Buch’s “complete silence” on fresh allegations of impropriety, conflict of interest and accepting payments from companies while serving as a member of the market regulator. Hindenburg, which had in January 2023 accused Adani Group of using tax havens to sidestep local market regulations, had…
READ MOREAffordable homes supply down 38%
New supply of affordable homes – priced up to Rs60 lakh each – declined 38% across eight major cities to 33,420 units during January-March this year, with builders focusing on developing luxury flats, according to PropEquity.Real estate data analytic firm PropEquity attributed the fall in new supply to sharp rise in land and construction costs,…
READ MOREUnsold housing stock up 24 per cent in top 7 cities, builders need 22 months to sell: Report
Unsold housing stocks across seven major cities have risen by 24 per cent since 2019 due to higher supply, but realty firms will take 31 per cent less time to sell these units because of high sales velocity, according to JLL India. In a report released on Thursday, real estate consultant JLL India said the…
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