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Chennai Housing Board Fined for Excess Water Charges and Hidden Fees, – Homevior

Representative image CHENNAI: The Tamil Nadu Housing Board (TNHB) has been penalised for imposing 30 excess water fee each month and demanding “mobile water charges,” which were not specified in its rental terms. K Iyappan, a state secretariat employee, had rented a TNHB property in Chennai between Nov 2020 and Oct 2021. During his 13-month …

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Federal Bank acquires 1.01 lakh sq ft space from Varde Partners in Mumbai for Rs 300 crore, – Homevior

Represebtative image The Federal Bank has acquired a large office space spread across five floors in a commercial tower in central Mumbai’s Wadala locality for nearly Rs 330 crore, said persons with direct knowledge of the development. The Kochi-headquartered bank has purchased this office space with a total carpet area of over 1.01 lakh sq …

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DDA Opens Booking for Affordable Flats under Sasta Ghar Scheme on Nov 14, – Homevior

Representative image NEW DELHI: Delhi Development Authority (DDA) will start booking newly constructed flats under Phase 2 of the Sasta Ghar Housing Scheme on Nov 14. Over 2,500 flats will be offered in Rohini, Dwarka, Mangolpuri, Ramgarh, Loknayakpuram, Siraspur, Narela, and other parts of the city under this scheme. The registration for those who want …

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Forgery and Cheating Charges, – Homevior

Representative image HYDERABAD: After state police registered an FIR against two real estate developers for allegedly defrauding property buyers of Rs 50 crore by creating multiple unauthorised layouts on the same land, Cyberabad police economic offences wing arrested one of the accused realtors on charges of forgery, cheating and conspiracy. The accused, Kancharla Sathish Chandra …

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House prices in Britain rise by 0.1% in October 2024: Nationwide, – Homevior

Representative image LONDON: British house prices rose by a marginal 0.1% in October, slowing sharply from a 0.6% monthly increase in September but the market remained resilient and was likely to gain momentum as borrowing costs fall, mortgage lender Nationwide said on Friday. Economists polled by Reuters had forecast prices would rise by 0.3% on …

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House prices in Britain rise by 0.1% in October 2024: Nationwide, – Homevior

Representative image LONDON: British house prices rose by a marginal 0.1% in October, slowing sharply from a 0.6% monthly increase in September but the market remained resilient and was likely to gain momentum as borrowing costs fall, mortgage lender Nationwide said on Friday. Economists polled by Reuters had forecast prices would rise by 0.3% on …

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Property registrations in Mumbai rise 22% to 12,960 units in October 2024: Report, – Homevior

Representative image MUMBAI: Registration of properties in the Mumbai municipal region rose 22 per cent last month to 12,960 units on higher demand during the festival period, according to Knight Frank. There were 10,607 properties registered during October 2023. Citing Maharashtra government data, real estate consultant Knight Frank India said the Mumbai city (area under …

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Muda to Transfer 900 Residential Layouts to Local Bodies, Benefiting Over 38,000 Site Owners, – Homevior

File photo MYSURU: Mysuru Urban Development Authority (Muda) has initiated the transfer of 900 residential layouts on the city’s outskirts to urban local bodies (ULB), bringing relief to 38,224 site owners. Muda administrator and deputy commissioner G Lakshikantha Reddy is overseeing this transition, which will enable site owners to obtain their pending khatas for years. …

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US judge approves $110 million settlements with Compass, Redfin in home sale commission case, – Homevior

Representative image A U.S. judge on Thursday said he will approve $110 million in settlements with Compass, Redfin, At World Properties and six other brokerages accused of conspiring to keep residential home sale commission rates artificially high. U.S. District Judge Stephen Bough in Missouri overruled a wave of objections to the settlements at a court …

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