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Registration of properties in Mumbai falls 14% to 9,100 units in September 2024, – Homevior

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 …

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REA Group ends takeover pursuit after multiple rejections from Britain’s Rightmove, – Homevior

Representative image Rightmove’s shares dropped 8% on Monday after Rupert Murdoch’s REA Group ended its $8.29 billion takeover pursuit following a fourth bid rejection from the British real estate portal. Australian property listing firm REA’s decision to walk away from making a formal offer for Rightmove ahead of a 1600 GMT deadline capped a month-long …

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Goa government approves amendment disallowing change in use of comunidade land, – Homevior

Representative image PANAJI: State cabinet on Monday approved the ‘Goa Legislative Diploma No. 2070 dated 15-4-1961 (Amendment) Ordinance 2024’, which is aimed at preventing the utilisation of comunidade land for any objective apart from the one for which it has been allotted. CM Pramod Sawant said that there have been several instances where land granted, …

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Herbal supplements that can worsen diabetes- Homevior

When it comes to managing diabetes, the role of lifestyle changes cannot be highlighted enough. From adding the right foods to the diet, to incorporating regular activity in your schedule, diabetes management is all about making healthy choices that keep blood sugar spikes in check. Herbal supplements could help manage this metabolic condition, however the …

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New mom Deepika Padukone shares adorable video of baby with binoculars as hubby Ranveer Singh resumes work commitments |- Homevior

It’ll soon be a month since Bollywood star couple Deepika Padukone and Ranveer Singh welcomed their first child together, a baby girl, on September 8. While the new mom is still on her maternity break, dad, Ranveer has seemingly resumed his work commitments. The hunk made his first public appearance on Sunday night at an …

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Rising land costs, approval delays hit new project launches and property sales, – Homevior

Representative image BENGALURU: Land acquisition challenges and rising land prices are weighing on new project launches and property sales in India. Also, delays in securing approvals, particularly for converting farm land for development, are stretching project starting timelines to 10-14 months or more compared to up to six months previously. Tier I cities such as …

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Kanakia Spaces acquires 3.3 acre redevelopment projects in Mumbai’s Borivali, – Homevior

Representative image Realty developer Kanakia Spaces has entered into two separate agreements to undertake redevelopment of two large housing societies spread over a 3.3-acre land parcel in Mumbai’s western suburb Borivali with an investment of over Rs 1,100 crore, said persons with direct knowledge of the development. These projects hold development potential of over 1.2 …

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Stamp Duty Must For Builder-buyer Deals For All New Yeida Projects, – Homevior

Representative image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has mandated that builder-buyer agreements for group housing projects will only be considered valid if stamp duty is paid. This requirement, already outlined in UP-Rera rules, ensures that buyers have valid proof of their flat registration and corresponding stamp duty payment at the time of …

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ED arrests Sahiti Infratec’s MD in Rs 360 crore fraud case, – Homevior

Representative image HYDERABAD: The Enforcement Directorate Monday said it has arrested the managing director of a Telangana-based real estate company in a money laundering probe linked to alleged duping of hundreds of homebuyers to the tune of Rs 360 crore. Boodati Lakshminarayan of Sahiti Infratec Ventures India Pvt. Ltd. (SIVIPL) was taken into custody on …

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