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Representative image HYDERABAD: In light of Hyderabad Disaster Response and Asset Monitoring and Protection Agency (HYDRAA) demolishing buildings situated on lake full tank level (FTL) and buffer zones, banks are now exercising caution in their house loan approval processes. According to sources, many banks have now instructed their loan sanctioning teams to be extra vigilant …

Banks Exercise Caution on Home Loans Following HYDRAA Demolitions, – Homevior Read More »

Representative image Australia’s REA Group on Friday sweetened its takeover offer for British real estate firm Rightmove and valued it at 6.2 billion pounds ($8.29 billion) after the UK firm rejected three of its buyout offers previously. The new proposal from REA, a property listing firm, comprises of an offer price of 775 pence apiece, …

Australia’s REA Group raises takeover offer for Rightmove to $8.29 billion after rejections, – Homevior Read More »

File Photo NEW DELHI: The Insolvency appellate tribunal NCLAT has granted two weeks more time to debt-ridden realty firm Supertech Township Projects suspended director Ram Kishore Arora to circulate the settlement proposal to both its lenders and home buyers. The National Company Law Appellate Tribunal (NCLAT) also suggested the realty firm facing insolvency proceedings to …

NCLAT grants two weeks time for Supertech Township’s settlement proposal, – Homevior Read More »

Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about Rs 60 billion ($717 million), seeking to further lighten its credit load amid regulatory pressures on the industry. The portfolio was sold to about half a dozen state-controlled banks through private deals, according to people familiar with the matter, who asked not …

HDFC sells $717 million of home loans to reduce credit book, , – Homevior Read More »

Representative image MUMBAI: The Rail Land Development Authority (RLDA), a statutory body under the Ministry of Railways, has invited bids for the prime commercial and residential development of a railway land parcel measuring more than 10,000 sq metres in Mahalaxmi. The site holds tremendous potential for high-end residential developments, luxury hotels, and Grade-A office spaces. …

RLDA Invites Bids for Prime 10,000 sqm Land Parcel in Mahalaxmi, Mumbai, – Homevior Read More »