Representative image NEW DELHI: The National Green Tribunal (NGT) has sought a response from the Centre, Delhi’s lieutenant governor and others on a plea alleging environmental degradation because of the Delhi Development Authority’s (DDAs) proposed slum rehabilitation scheme in Kusumpur Pahadi. According to the scheme, 2,800 dwelling units are to be constructed over 18.96 acres …
Representative image Realty developer Wave group is diluting part of its land bank in Wave City in Ghaziabad and has sold land to at least half a dozen builder in order to improve cash flow. It is also in talks with more developers to sell land. The combined areas these real estate developers will develop …
Wave group to dilute land bank in Ghaziabad’s township, , – Homevior Read More »
LinkedIn, the social networking site for professionals, was reportedly scraping user data on the platform without informing the users first. The Microsoft-owned company has now updated its terms of service to reflect this, however, it continues to automatically opt-in users unless they manually find and toggle off the setting to opt-out. Several netizens took to …
Representative image The Bangalore Development Authority (BDA) has introduced a development fee for residential and commercial buildings that have already been constructed in the Shivarama Karanth Layout. Property owners are required to pay this fee before obtaining property records. The fee is based on the difference between the 2018 residential plot value set by the …
Representative image In the biggest commercial real estate lease transactions ever, global financial services major Morgan Stanley has concluded a deal for office space spread over 1.1 million sq ft in Mumbai’s Goregaon suburb entailing total rental payout of more than Rs 2,122 crore over nearly a decade. The company has leased the space spread …
Morgan Stanley leases 1.1 million sq ft office space in Mumbai’s Goregaon, – Homevior Read More »
Representative image Despite the Real Estate (Regulation and Development) Act (RERA) being in force in Karnataka for over seven and a half years, concerns about its ineffective implementation are growing louder by the day. Sources said that this situation is highlighting the ineffectiveness of K-RERA in Karnataka. Organisations striving for proper enforcement of RERA are …
Karnataka RERA faces criticism for poor enforcement in state, , – Homevior Read More »
Representative image NEW DELHI: The National Green Tribunal (NGT) has sought the responses of the Centre, the forest and environment department of the Uttar Pradesh government and others on a plea alleging environmental violations by a realtor in Noida. The green body was hearing a petition filed by the residents of Jaypee Wishtown in Gautam …
NGT seeks response on alleged environmental violations in Jaypee Wishtown, – Homevior Read More »
Representative image LONDON: Legal & General has sold its UK housebuilder CALA Group in a deal worth 1.35 billion pounds ($1.78 billion) to an acquisition vehicle led by U.S. private assets firm Sixth Street Partners, as the latter steps up its European investment drive. The British life insurer will receive cash proceeds of 1.16 billion …
Legal & General sells CALA Group for $1.8 billion, , – Homevior Read More »
Representative image The Indian office market is experiencing a notable shift, with domestic companies projected to lease 60-65 million square feet of office space between 2024 and 2025, marking a significant departure from the historical dominance of global corporations, particularly those from the United States, according to a report by CBRE, a property consulting firm. …
Representative image Rental values in key micro-markets of the top 7 cities have gone up to a significant 72% between 2021-end and H1 2024, while capital values saw lower growth, as more and more Indians migrate to urban centres and evaluate their options, according to Anarock. Cities like Bengaluru, Pune, Kolkata and Chennai, saw average …
Rental values in seven cities increases by 72% in three years: Report, – Homevior Read More »
