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Representative image WASHINGTON: U.S. single-family homebuilding rebounded in November as the drag from hurricanes faded, but the threat of tariffs on imported goods and potential labor shortages from mass deportations of immigrants could hamper new construction next year. The report from the Commerce Department on Wednesday showed only a slight increase last month in permits …

Single-family housing rebounds in November 2024, , – Homevior Read More »

Representative image TIRUPUR: Traders and shopkeepers across the district went on strike on Wednesday to protest the hike in property tax, 18% GST on commercial properties and the increase in electricity tariff. As part of the strike, grocery stores, restaurants, bakeries, textile shops, jewellery stores, cellphone shops and electrical shops remained shut. Around 300 shops …

Traders protest over hike in property tax, electricity tariff in Tamil Nadu, – Homevior Read More »

Representative image NEW DELHI: Appellate tribunal NCLAT on Tuesday dismissed the plea filed by the former promoters of realty firm Spaze Towers to confine the Corporate Insolvency Resolution Process to only one project — Spaze Arrow. The National Company Law Tribunal (NCLT), on October 21, 2024, directed the initiation of insolvency proceedings against Spaze Towers, …

NCLAT dismisses Spaze Towers’ plea to limit insolvency process to single project, – Homevior Read More »

Representative image NEW DELHI: ITC Ltd, which is demerging its hotels business from January 2025, on Wednesday said it has acquired shareholding of rival hospitality chains Oberoi and Leela from its wholly-owned arm, Russell Credit Ltd. “The company today acquired 2.44 per cent of the share capital (comprising 1.52 crore equity shares of Rs 2 …

ITC acquires 2.44% stake in EIH and 0.53% in Leela hospitality chains, – Homevior Read More »

Representative image NEW DELHI: ITC Ltd, which is demerging its hotels business from January 2025, on Wednesday said it has acquired shareholding of rival hospitality chains Oberoi and Leela from its wholly-owned arm, Russell Credit Ltd. “The company today acquired 2.44 per cent of the share capital (comprising 1.52 crore equity shares of Rs 2 …

ITC acquires 2.44% stake in EIH and 0.53% in Leela hospitality chains, – Homevior Read More »

Representative image Bollywood actor and television host Manish Paul has rented out his office space for monthly rent of Rs 2 lakhs located in Mumbai’s Andheri West, informed Square Yards in a media release. The office space was originally purchased in September 2023 for Rs 2.25 crore. The leased property spans 1,200 sq ft (~111.48 …

Manish Paul rents out office space for Rs 2 lakh per month in Mumbai, – Homevior Read More »

Representative image NEW DELHI: The government is firming up a zero-collateral housing loan scheme for low- and middle-income groups which will offer up to Rs 20 lakh with minimal documentation or third-party guarantee, said people familiar with the matter. Amendments to the Credit Risk Guarantee Fund Scheme for Low-Income Housing (CRGFTLIH) are being examined to …

Government plans zero-collateral housing loans for low and middle-income groups, – Homevior Read More »

Representative image BHOPAL: The income-tax department launched simultaneous searches on 52 premises of three construction and land brokerage firms in Bhopal, Indore and Gwalior on Wednesday. As many as 49 of these locations were in Bhopal, and two in Indore. I-T officers said the investigation has so far uncovered 10 lockers registered in the name …

I-T department raids 52 premises of builders and brokers in Madhya Pradesh, – Homevior Read More »

Representative image KOLKATA: Tenants of private land acquired for Metro Railway construction work are eligible for compensation even if the owner has already been compensated, the Calcutta High Court held on Tuesday in a land acquisition case for the construction of the Mominpur (Ex) to Esplanade section of the Joka-BBD Bag Metro corridor. The HC, …

Tenants of private land acquired for metro construction work eligible for compensation: Calcutta HC, – Homevior Read More »