BENGALURU: Shares of FrontView REIT fell 3.9% in their debut on the New York Stock Exchange on Wednesday, valuing the commercial real estate investment trust at $487.9 million. The Dallas, Texas-based company’s shares opened at $18.25, below the initial public offering price of $19 apiece. It sold 13.2 million shares in the IPO, raising $250.8 …
FrontView REIT raises $250.8 million in IPO, , – Homevior Read More »
Representative image With the Revenue Department mandating e-Khata for property registration statewide, the Bruhat Bengaluru Mahanagara Palike (BBMP) has commenced the issuance of e-Khatas. BBMP Chief Commissioner Tushar Giri Nath announced the test launch of the faceless, contactless, and online BBMP e-Khata Issuance System on October 1, 2024. As part of this initiative, draft e-Khatas …
Bengaluru civic body tests e-Khata in two wards, , – Homevior Read More »
File photo PUNE: PMC has earned around Rs 1,600 crore from property tax in the first two quarters of the current financial year. The civic administration needs to meet a target of Rs 2,400 crore by March 2025, a Pune Municipal Corporation (PMC) official said. However, meeting the target appears to be a tough task …
Representative image NASHIK: The Nashik Municipal Corporation (NMC) launched an amnesty scheme for property tax defaulters starting Oct 1. Under the scheme, defaulters can receive up to a 95% waiver on penalties if they clear all dues between Oct 1 and Nov 30. For those who pay their dues in Dec, an 85% penalty waiver …
Representative image PRAYAGRAJ: New software for online assessment and payment of house and water tax has yielded an impressive results in tax collection for Prayagraj Municipal Corporation (PMC). Chief tax assessment officer PMC PK Dwivedi said, “The PMC has collected around Rs 53 crore till Sept 2024 against the house tax of 1.2 lakh houses …
Prayagraj’s New Tax Software Boosts Collection by Rs 17 Crore, – Homevior Read More »
Representative image NEW DELHI: The Supreme Court on Tuesday allowed the National Company Law Appellate Tribunal (NCLAT) to examine and decide a proposal of the state-owned NBCC seeking to complete embattled realty major Supertech Limited’s 17 stalled projects where around 27,000 hassled home buyers are stuck for years. A bench of Justices Sanjiv Khanna and …
SC allows NCLAT to consider NBCC’s proposal for stalled Supertech projects, – Homevior Read More »
Representative image Nariman Point, the original central business district of the country’s financial capital, is set to witness a major boost with the Mumbai Metro Rail Corporation Ltd (MMRCL) planning to put a prime 4.2-acre land parcel in South Mumbai on the block through a global tender. This is for the first time a land …
MMRCL to auction 4.2 acre land parcel in Nariman Point, – Homevior Read More »
Representative image BENGALURU: It’s a double whammy for Sudhakar Lakshmanaraja, 37, having to pay both rent and interest on loans for the past six years for a flat he had purchased in 2018 — thanks to the delayed project. While Lakshmanaraja and the other apartment buyers at the project in Thanisandra were promised they would …
Karnataka RERA Issues ₹707 Crore Recovery Orders Amid Project Delays, – Homevior Read More »
Representative image BEIJING: Prices of new homes in China rose slightly in September, traditionally a peak season for house hunting, a private survey showed on Tuesday, extending months of feeble gain in a crisis-hit market that has worried the country’s leaders. The average price across 100 cities edged up 0.14%, compared with the previous month’s …
New home prices in China rise 0.14% in September 2024, – Homevior Read More »
Representative image NEW DELHI: Registration of properties in the Mumbai municipal area fell 14 per cent year-on-year in September to over 9,100 units on lower demand, according to Knight Frank. As many as 10,694 units were registered in the year-ago period. In August this year, the registration of properties stood at 11,631 units. “The decline …
