Representative Image PANAJI: Urban development minister Vishwajit Rane said that the GIS-based (geographic information system) survey of properties in four urban local bodies; Bicholim, Mapusa, Pernem and Valpoi has been completed by the department. Rane said that Kolbro Group pvt ltd, the agency appointed by govt, is currently conducting GIS-based mapping for the Corporation of …
BHOPAL: Uncertainty hangs over the displaced residents of Golden Tower in Thatipur, Gwalior. The five-story building has been tilting dangerously since a pillar got damaged on July 16, forcing the evacuation of half its residents. The situation has worsened with new cracks in two additional pillars. While people associated with the builder claim that one …
Residents of Golden Tower left homeless and furious, , – Homevior Read More »
In a moment of pride and elegance, Mrs. Nita Ambani graced the inauguration of the first-ever India House at the Paris Olympics 2024, dressed in a stunning custom-made lotus pink sari by the renowned Indian fashion designer Manish Malhotra. This significant event, organized by the Reliance Foundation, marked a historic moment as India House made …
MUMBAI: Semi-urban and rural-focused home finance company Star Housing Finance Ltd (Star HFL) has reported a 70 per cent jump in its revenue for the April-June quarter on strong growth in interest income and commission fee. Total revenue rose by 70 per cent to Rs 20.96 crore for the April-June quarter of 2024-25 compared to …
Star Housing Finance reports 94% rise in profit in Q1 FY25, , – Homevior Read More »
AHMEDABAD: The commercial property segment is reviving in the city and its suburbs. Real estate sources say the number of projects launched in this segment is set to grow by 20-25% this year. Twenty-two commercial projects have been launched in the city this financial year. Real estate experts said demand for office space has increased …
NEW DELHI: The cost of acquisition of real estate properties purchased before 2001 will be the fair market value (FMV, not exceeding the stamp duty value) as of April 1, 2001, or the actual cost of the land or building for the purpose of calculation of long-term capital gains (LTCG) tax, the I-T department has …
NEW DELHI: Embassy Office Parks REIT on Thursday reported a 3 per cent increase in its net operating income to Rs 757.5 crore in the June 2024 quarter and announced distribution of Rs 530.8 crore to unitholders. The net operating income (NOI) stood at Rs 737.6 crore in the year-ago period. The board of directors …
Embassy REIT’s net operating income up 3% to Rs 757.5 crore in Q1 FY25, – Homevior Read More »
The bankruptcy court in Delhi has approved the acquisition of Alchemist Infra Realty Ltd by the Singapore-based Vantage Point Asset Management Pte Ltd. The company’s resolution professional had received a claim of Rs 1,293 crore and the successful bidder is paying about Rs 470 crore to acquire the company through the insolvency resolution process. Before …
Home First Finance Company has reported a 27% year on year increase in profit to Rs. 88 crores in the first quarter of this fiscal against Rs. 69 crore profit a year ago. Their non performing assets, or bad loans stood at 1.7%, unchanged from the previous quarter and is expected to continue at similar …
Home First Finance Company’s net profit up 27% at Rs 88 crore in Q1 FY25, – Homevior Read More »
MUMBAI: The National Company Law Tribunal has directed Mahindra Homes, a subsidiary of Mahindra Group’s real estate and infrastructure development company Mahindra Lifespace Developers, to notify homebuyers regarding its proposed reduction of equity share capital. The order came on a petition filed by Mahindra Homes, which had sought confirmation of a ‘special resolution’ passed by …
