Developer

Move over Donald Trump, India has embraced the celebrity endorsed real estate phenomenon and early word is that Indian celebrities increase purchase prices by 10-15%. The India Street has examined a number of the most prominent celebrity endorsements for real estate builders and projects and has rated them accordingly. The rating is not a statement of the project quality, but a statement on the suitability of the brand ambassador.

By Dhruva Jyoti Chowdhury

Kolkata, India: Just recently, the District Town Planning Department approached the Gurgaon District administration for lodging an FIR against a Delhi builder for indulging in illegal pre-launching of plots through brokers for a colony in the Haryana town. Another Delhi-based builder is under the scanner of District Town Planner, Gurgaon, for collecting money for pre-launch of a Golf Homes project.