File photo GURUGRAM: An FIR has been registered against 52 flat owners of a residential society on Sohna road here for allegedly providing accommodation to foreign nationals without informing police, officials said on Wednesday. According to a Gurugram police spokesperson, a team from Bhondsi police station was checking hotels, guest houses and various residential societies …
Representative image NEW DELHI: Real estate firm Kalpataru Ltd has filed draft prospectus with market regulator SEBI to launch its initial public offering (IPO) for raising up to Rs 1,590 crore, mainly to reduce debt. The Mumbai-based company has filed the draft red herring prospectus (DRHP) to launch its IPO, which comprises fresh issue of …
Kalpataru files draft IPO papers with SEBI to raise Rs 1,590 crore, – Homevior Read More »
Automobile major Volkswagen Group’s subsidiary Volkswagen Group Technology Solution India has picked up three entire floors of a commercial tower in Pune’s Hinjewadi through a long-term lease of over five years. The company has leased the space spread over more than 1.23 lakh sq ft in Hudson Block forming part of Embassy Tech Zone in …
CHANDIGARH: The Punjab cabinet on Wednesday approved in principle to drop the NOC (no-objection certificate) clause for the registration of land and property, if the developers had made sale deeds before July 31 or done sale agreements or payments through banks to prove that the deal was genuine. Minister Aman Arora said after the meeting …
Punjab Cabinet Approves Dropping NOC Clause for Property Registration, – Homevior Read More »
Representative image PANAJI: The town and country planning department has withdrawn the technical clearance granted for 28 residential villas in Cavorim village, after the real estate developer, K K Group, failed to satisfactorily respond to concerns about encroachment and demarcation of land. The TCP had issued a show-cause notice to the builder in July and …
Representative image FRANKFURT: Deutsche Pfandbriefbank (PBB), one of Germany’s top property financiers, reported on Wednesday a 74% plunge in second-quarter profit and set aside more money to cover potential bad loans in a weak U.S. office market. The move follows a wave of bad news this year for the bank, which dates back to the …
PBB’s profit plunges 74% in Q2 2024, , – Homevior Read More »
Representative image NEW DELHI: Co-working firm EFC (1) Ltd has clocked a nearly 5-fold jump in its consolidated net profit to Rs 15.77 crore in the June 2024 quarter on higher income. Its net profit stood at Rs 3.17 crore in the year-ago period. Total income rose to Rs 105.28 crore in the April-June quarter …
EFC (I) net profit jumps to Rs 16 crore in Q1 FY25, , – Homevior Read More »
File photo BENGALURU: Arming itself with more teeth to tackle delinquents, Bruhat Bengaluru Mahanagara Palike (BBMP) is now empowered to attach the bank accounts of property tax defaulters as part of its arrears-recovery process. A notification to this effect was issued on Monday as part of the BBMP (property tax assessment, recovery and management) Rules-2024. …
Bengaluru civic body to attach bank accounts of property tax defaulters, – Homevior Read More »
NEW DELHI: The Enforcement Directorate has initiated the process of restitution of flats worth more than Rs 20 crore to homebuyers of a Gurugram realty project who were allegedly cheated by the builder company, official sources said Wednesday. The case pertains to flats constructed by the SRS Group as part of projects like SRS Pearl, …
ED restitutes 78 flats to buyers of SRS Group’s Pearl, City & Prime projects, – Homevior Read More »
Representative Image LONDON: Private equity giant Blackstone announced on Tuesday it had sold 3,000 shared-ownership homes to Britain’s biggest private pension fund, in a sign of growing dealmaking by big money managers in the UK housing sector. Blackstone sold the portfolio to academia pension fund, the Universities Superannuation Scheme (USS), which manages more than 75 …
Blackstone sells 3,000 homes to Britain’s Universities Superannuation Scheme, – Homevior Read More »
