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Amazon Great Freedom Festival Sale: iPhone 13, Galaxy S21 FE, OnePlus 12R and More Top Deals- Homevior

Amazon Great Freedom Festival 2024 sale is currently live for all users in India. A wide range of items, from home furnishing and fashion products to large appliances and personal gadgets are being offered at discounted rates during the sale. One of the most popular category during these sales are smartphones. Handsets from leading brands …

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Gurugram administration denies permission to demolish NBCC Green View, – Homevior

File Photo GURUGRAM: The district administration has denied permission to National Buildings Construction Corporation (NBCC) for demolishing its Green View Society project in Sector 37D, which was declared unsafe based on structural audits conducted by IIT-Roorkee and Central Building Research Institute (CBRI). The developer had on June 25 requested permission from the district administration to …

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NCLT approves Rs 184 crore resolution plan for Satra Properties, – Homevior

File photo MUMBAI: The National Company Law Tribunal (NCLT) in Mumbai has approved the acquisition of bankrupt Satra Properties (India) by a consortium of realty developers MJ Shah Enterprises, MJ Shah Realtors LLP and Centrio Lifespaces under a Rs 184 crore resolution plan. The tribunal also set aside the erstwhile promoter’s application that alleged undervaluation …

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Years of delay & fund diversion probe leave ATS Marigold buyers in a fix, – Homevior

GURUGRAM: A group of homebuyers of ATS Marigold project in Sector 89A has been in a limbo for years as the developer is investigated for diverting funds and faces allegations of defaulting on pre-EMI payments. The project, initially licensed to three developers in 2013, was later transferred to ATS. Homebuyers approached the National Consumer Disputes …

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PMLA court orders restitution of assets worth Rs 12 crore to depositors in Rose Valley fraud case, – Homevior

Representative image KOLKATA: A special PMLA court in Kolkata has ordered “restitution of assets” worth about Rs 12 crore to investors who were duped in an alleged Ponzi fraud orchestrated by the Rose Valley Group of the city more than a decade ago, officials said on Monday. The court has identified 14 fixed deposits worth …

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Bengaluru development body mulls hike in villa prices in Hunnigere, – Homevior

BENGALURU: Bangalore Development Authority (BDA) is contemplating to increase the prices of villas in Hunnigere, off Nelamangala-Sondekoppa road. Initially, the BDA had set prices at Rs 75 lakh for 3 BHK (Bedroom, Hall, Kitchen) villas and Rs 1.10 crore for 4 BHK villas. However, due to rising construction material costs, the BDA is planning to …

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Karnataka SCDRC orders Mega City (Bengaluru) Developers to pay buyer Rs 7 lakh, – Homevior

Representative image BENGALURU: After being sold a litigation-prone site that the builder had no legal right to sell, an 81-year-old Vidyaranyapura resident took Mega City (Bengaluru) Developers & Builders to Karnataka State Consumer Disputes Redressal Commission, which asked the real estate firm to pay him about Rs 7 lakh. PP Sharma, a retired HMT manager, …

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GST demand on development rights push landowners into legal dilemma, – Homevior

The contentious issue of tax on transfer of development rights has resurfaced as Goods & Services Tax (GST) authorities are asking landowners to pay taxes on transferring these rights to real estate developers through joint development agreements between realty developers and landowners. The development is causing confusion and concern among landowners, given that the matter …

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