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FIR filed against realtor for selling 10% smaller flats to buyers, – Homevior

Representative Image NOIDA: The economic offences wing of Delhi Police has registered an FIR against the owners and senior management of Prateek Group after a group of 20 homebuyers accused the Noida-based realtor of cheating them. The FIR – which followed a complaint by the 20 buyers of Prateek Edifice in Sector 107 – named …

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Karnataka government urges Centre to create GIFT City, fast-track approvals, – Homevior

Representative Image BENGALURU: The Karnataka government on Friday made a strong pitch for establishing a dedicated Central Business District — modelled on the lines of Gujarat’s GIFT City on the Sabarmati banks in Ahmedabad — in the state, besides seeking faster clearance for multiple projects across sectors. Ahead of the Union Budget presentation by the …

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CREDAI wants UP-RERA to reconsider order which made OC a must for possession letter, – Homevior

NOIDA: A major real estate developers’ association and a homebuyer’s body here on Monday said the UP RERA needs to reconsider its directive that made occupancy certificate (OC) a must for builders before offering possession letter. This decision, both said, was not in favour of homebuyers in projects that have been stuck for long in …

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Aamir Khan buys apartment in Mumbai’s Pali Hill for nearly Rs 10 crore, – Homevior

NEW DELHI: Bollywood actor Aamir Khan has bought an apartment in a upscale residential building at Pali Hills in Bandra West, Mumbai for nearly Rs 10 crore. According to property registration documents accessed and analyzed by real estate consultant SquareYards(dot)com, Khan has executed the deed of transfer of a residential property in his name in …

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NCLT sets aside Syska LED Light insolvency process as company, lender settles matter, – Homevior

MUMBAI: The Mumbai bench of the National Company Law Tribunal (NCLT) allows the withdrawal of the corporate insolvency resolution process (CIRP) against Syska LED Lights Pvt Ltd. Earlier, the tribunal had admitted the company under the insolvency resolution process and had appointed Ravi Prakash Ganti as the interim resolution professional for the company. Syska LED …

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Karnataka government invites applications for K-RERA’s new chairperson post,Homevior

Representative Image The State Government has issued a notification inviting applications for the post of Chairperson of the Karnataka Real Estate Regulatory Authority (K-RERA). HC Kishore Chandra, a retired Director General of Police who served as the K-RERA chairperson, retired at the age of 65 last month. He had been appointed in May 2021. As …

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Registration of properties in Mumbai rise by 12% in June 2024: Report,Homevior

Representative Image NEW DELHI: Registration of properties in Mumbai municipal region rose 12 per cent annually in June to around 11,600 units on better demand, according to Knight Frank. Mumbai city (area under Bombay Municipal Corporation jurisdiction) saw registration of nearly 11,570 units till 8.15 pm on Saturday (June 29) of this month. The figure …

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Rajasthan government forms new committee to probe single lease cases,Homevior

Representative Image JAIPUR: The state government of Rajasthan has constituted a committee for impartial investigation of cases related to single leases in Rajasthan. On the instructions of Chief Minister Bhajanlal Sharma, this committee has been constituted under the chairmanship of former judge R.S. Rathore. The Additional Chief Secretary of the Home Department and the Principal …

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