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Decline in Home Loan Takers in Q1 FY 2025, – Homevior

Representative image AHMEDABAD: Gujarat’s real estate sector is witnessing a significant shift in dynamics, largely influenced by a prevailing liquidity crunch. According to the latest report by the State Level Bankers’ Committee (SLBC) – Gujarat, there has been a notable decline in the number of takers of housing finance. In the first quarter of FY …

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Clear Bridge Ventures acquires IT Park and two-acre land for Rs 335 crore in Mumbai, – Homevior

Representative image Venture capital and investment firm Clear Bridge Ventures has purchased an information technology (IT) park along with a nearly 2-acre land parcel it is built on in Mumbai’s western suburb Malad from Property Ventures (India) for Rs 335 crore. The seller of the IT Park 4th Dimension and the land parcel on Linking …

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Noida DM tells builders to clear dues and expedite registry of flats, – Homevior

Representative image NOIDA: The district magistrate on Thursday held a meeting with flat buyers, developers, and officials of the stamp and registration department to resolve flat buyers’ issues, expedite flats’ registration, and also increase stamp revenue for the state exchequer. The meeting was held at the collectorate auditorium. Assistant inspector general registration (I) BS Verma …

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Fletcher Building to resolve leaky pipes issue in Western Australia homes, – Homevior

Representative image New Zealand’s Fletcher Building said on Friday its unit Iplex Pipelines Australia and the Western Australian government had agreed to address plumbing failures in some homes built using pipes made by the unit, sending its shares up 7%. Last year, Fletcher had said that nearly 1,500 of the 15,000 houses constructed in Western …

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China Vanke posts losses of $1.4 billion in H1 2024, , – Homevior

File photo BEIJING: Chinese housing developer Vanke announced significant first-half losses on Friday, as local real estate firms contend with an industry-wide crisis compounded by declining home sales in a sluggish economy. Vanke was the second-largest developer in China last year in terms of sales, according to specialist firm CRIC. The company reported net losses …

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SC nod for purchasable FAR, to allow 13,000 more Amrapali flats to come up, – Homevior

File photo NEW DELHI: In a boost to Amrapali housing projects, which are being built under the supervision of the Supreme Court and facing a funds crunch, all parties concerned – including the court-appointed receiver, Noida and Greater Noida authorities, NBCC and homebuyers – have resolved their differences and agreed on a purchasable floor area …

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Lessons from the hills – The Hindu- Homevior

Houses in the hills usually have a picturesque, dreamy quality, becoming one with the slopes. But hills are known for challenging climatic conditions like extreme cold, snow, and even earthquakes. There are also difficulties in transporting materials for construction on rough terrain. How did indigenous buildings traditionally respond to these conditions? A colourful house in …

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Karan Johar leases duplex in Mumbai’s Pali Hill with total rent of Rs 3.06 crore, – Homevior

File photo Bollywood film director, producer, and television personality Karan Johar has picked up a premium duplex residential apartment in Mumbai’s plush Bandra west locality through a 3-year rental agreement. He has leased the apartment for the apartment located on the 2nd and 3rd floors of the tower in Pali Hill’s Union Park at monthly …

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Cognizant puts headquarter in Chennai up for sale, eyes Rs 800 crore, – Homevior

File photo CHENNAI: Tech major Cognizant has put up its prime property, serving as its India headquarters for more than two decades, in Chennai for sale. The eventual sale of the property, comprising a 15-acre land parcel and four lakh sq ft office space on Chennai’s IT Corridor, could fetch the company at least Rs …

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