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NEW DELHI: Uttar Pradesh real estate regulatory authority (UP-RERA) reviewed projects whose maps or land documents have not been uploaded on its portal despite repeated notices and was decided that these projects should be classified in the category of ‘projects in abeyance’. Sanjay Bhoosreddy, chairman, UP-RERA, said, “the promoters only mention the RERA registration number …

Uttar Pradesh RERA puts 400 projects in ‘abeyance’, , – Homevior Read More »

File Photo HAMIRPUR: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday inaugurated the Swamitva Yojana here and distributed property cards under the scheme. The initiative of the Revenue Department aims to provide rightful ownership cards to villagers occupying land in Abadi Deh areas (inhabited areas). The chief minister distributed property cards to 10 families …

Himachal Pradesh CM inaugurates Swamitva Yojana, distributes property cards to beneficiaries, – Homevior Read More »

BENGALURU: Triveda Capital, a Sebi-registered alternative investment fund (AIF) which aims to raise ₹250 crore, has reached a first-close of ₹80 crore, said Ravindra Pai, managing director of Century Real Estate Holdings and partner at the newly launched fund. The investment was led by Ranjan Pai, chairman of the Manipal Education and Medical Group. The …

Triveda Capital raises Rs 80 crore in first round of realty fund, – Homevior Read More »

NEW DELHI: DLF has filed an FIR against its former CFO and MD of rental arm, Ramesh Sanka, accusing him of blackmailing the company to agree to his terms on a deal to extort ₹311 crore, and threatening to misuse and leak confidential data allegedly stolen during his decade-long association with the country’s biggest property …

DLF files FIR against ex-CFO for Rs 311 crore blackmail, extortion, – Homevior Read More »

File photo HONG KONG: The administrator of a major Evergrande onshore unit has asked creditors to provide details about the debt the embattled property developer owes to them ahead of the first creditor meeting to be held on Nov. 14, official filings showed. The Guangzhou Intermediate People’s Court ruled last week that Evergrande unit Guangzhou …

China Evergrande onshore unit’s administrator seeks details from creditors ahead of November 14 meeting, – Homevior Read More »

Representative image SEOUL: South Korea’s home prices rose at a faster pace in July, as prices in the capital Seoul jumped by the most in more than four years, data showed on Friday, amid growing concerns about financial stability risk stemming from a bullish housing market. The house transaction price index rose 0.15% in July, …

Home prices in Seoul rise at fastest pace in more than four years, – Homevior Read More »

File Photo MUMBAI: After over 27 years, the commercial portion of a building near Mahim (West) station will receive an occupation certificate (OC). Bombay High Court has directed Maharashtra Housing and Area Development Authority (Mhada) to “immediately and unconditionally” issue a no-objection certificate (NOC) for BMC to issue the OC. Justices Mahesh Sonak and Kamal …

Mahim building to finally get OC after 27 years with Mhada NOC; HC orders inquiry, – Homevior Read More »

BENGALURU: Embattled Chinese developer Logan Group has secured a HK$8.2 billion ($1.05 billion) loan to refinance a facility that backed the development of a luxury property in Hong Kong, as the firm goes ahead with its debt restructuring. Logan on Thursday said Unicorn Bay (Hong Kong) Investments, a firm in which it owns a 50% …

Logan Group gets over $1 billion loan amid restructuring, , – Homevior Read More »

File Photo ZURICH: UBS is to liquidate a $2 billion real estate fund it acquired when it bought Credit Suisse, the Swiss bank said on Thursday, in the latest sign of investors selling out of troubled commercial property markets. The fund, which holds four-fifths of its assets in offices, had faced investor redemption requests but …

UBS to liquidate $2 billion real estate fund as office downturn bites, – Homevior Read More »

Representative image NEW DELHI: Realty firm Signature Global, which has a significant presence in the Gurugram property market, is looking to enter Delhi, Noida and Greater Noida by launching housing projects in these new locations. Gurugram-based Signature Global, which got listed in September last year after raising Rs 730 crore through an Initial Public Offering …

Signature Global plans to launch housing projects in Delhi and Noida, – Homevior Read More »