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New initiative to provide e-katha launched in Mandya, , – Homevior

MANDYA: A new initiative was launched in Mandya to provide e-katha for all remaining property assets within the jurisdiction of the state’s municipal local bodies, aiming to complete the process within three months. MLA P Ravi Kumar Ganiga launched the drive on Monday and urged residents within Mandya city limits to take full advantage of …

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Land records must reflect court orders to prevent illegal deals: Karnataka HC, – Homevior

BENGALURU: The high court has directed the principal secretary of the revenue department to instruct all officials concerned to mandatorily reflect “not to alienate” injunction orders granted by civil courts under the “other rights” column of land records to prevent unnecessary litigation and safeguard the integrity of judicial orders. “Revenue authorities, as custodians of land …

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Shimao Group secures creditor backing for $11 billion offshore debt revamp, – Homevior

File Photo BENGALURU: Chinese property developer Shimao Group has secured creditor backing to restructure about $11.04 billion in offshore debt, the latest such deal in the sector after years of liquidity troubles. Sunac China became the first troubled Chinese property developer to successfully reduce its onshore debt earlier this year, while CIFI Holdings has reached …

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12 years on, no handover yet, Greenopolis homebuyers protest, – Homevior

GURUGRAM: Hundreds of homebuyers of the Greenopolis housing project in the city on Sunday staged a massive protest at Jantar Mantar in New Delhi against Orris Infrastructure Pvt Ltd and its contractor, Three C, after years of unfulfilled promises, financial distress and systemic apathy. Despite multiple complaints to authorities, legal battles in various courts and …

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Noida authority to e-auction industry plots under new policy soon, – Homevior

Representative Image NOIDA: Noida Authority is set to introduce its first industrial plot scheme under a new policy designed to bolster the micro, small, and medium enterprises (MSME) sector. The initial phase will feature 17 plots through an e-auction process, with their sizes varying from 200 to 7,500sqm. Spread across sectors 7, 8, 10, 62, …

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Notandas Realty expands into Juhu with Notan DC project, , – Homevior

File Photo NEW DELHI: Notandas Realty, a prominent name in real estate development, has clinched a pact for the Notan DC project in Juhu, Mumbai. This project strengthens the company’s presence in Juhu, a coveted celebrity hub, marking a key milestone in its urban redevelopment leadership. Located on Juhu’s 10th Road, the existing property will …

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Alt plans to raise Rs 2,800 crore in 2025, , – Homevior

MUMBAI: Alt, the holding company for Property Share, plans to raise Rs 2,800 crore this year. Founded by former Blackstone executive Kunal Moktan and his batchmate from IIM Ahmedabad Hashim Khan, Property Share introduced fractional real estate ownership in India in 2015, allowing individuals to invest in commercial real estate with as little as Rs …

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E-khatas not capturing full property information, say Bengaluru flat owners, – Homevior

BENGALURU: Flat owners have alleged that the e-khatas issued by BBMP are not capturing the complete details of ownership of the land on which their apartment complexes stand. The Karnataka Home Buyers Forum has said despite the ownership of the undivided share (UDS) of the land on which apartment complexes stand being mentioned in the …

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Belagavi civic body to conduct e-khata mela on February 24, , – Homevior

BELAGAVI: Belagavi City Corporation (BCC) has planned an ‘e-Khata mela’ in Belagavi on Monday at Kumara Gandharva Rangamandira here. BCC commissioner Shuba B said that the directorate of municipal administration, Bengaluru, issued the standard operating procedure (SOP) for issuing e-Khata through e-ACI software on Feb 17. Accordingly, it is intended to issue e-Khata to all …

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