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Enforcement Directorate Wraps Up Investigation into Mysuru Builder Jayaram, – Homevior

MYSURU: The Enforcement Directorate’s investigation of builder Jayaram, which began Monday evening, wrapped up early on Wednesday. Jayaram, owner of MMG Construction, told reporters that officials examined his complete business records spanning 24 years, with particular focus on his firm’s activities over the past 13 years. “I provided all the details to the officers regarding …

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MCG Orders Sealing of Illegal Structure in Gurgaon Housing Plot, – Homevior

Representative image GURUGRAM: The MCG commissioner ordered on Tuesday to seal an under-construction residential floor in a housing board plot located in Sector 52. The action was taken in response to a complaint filed by a resident living on the ground floor, who alleged that another resident constructed an unauthorised structure above their floor without …

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Public Input Needed, – Homevior

Representative image INDORE: The district administration has initiated a process for mid-term revision of the collector’s guideline for property rates in Indore, which generates maximum revenue through the stamp and registrar department. A district-level valuation committee, chaired by collector Asheesh Singh, discussed the proposed changes on Wednesday. The committee proposed increasing the guide value for …

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Delhi court orders fresh probe in cheating case against Gautam Gambhir and others, – Homevior

Representative image Directing a fresh investigation, a Delhi court has set aside the discharge of former cricketer and current head coach of the Indian cricket team Gautam Gambhir, and others in a case where flat buyers were reportedly cheated. Special Judge Vishal Gogne set aside a magisterial court order, saying it reflected “inadequate expression of …

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Sundaram Home Finance reports Rs 44 crore net profit in Q2 FY25, – Homevior

Representative image CHENNAI: Sundaram Home Finance has reported net profits of Rs 44 crore for the July-September 2024 quarter, the company said on Wednesday. The city-based wholly owned subsidiary of Sundaram Finance Ltd had registered net profits of Rs 59 crore, during the corresponding quarter of last financial year. Disbursements made during the quarter under …

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Certus Capital invests Rs 150 crore in two residential projects in Mumbai, – Homevior

Representative image MUMBAI: Institutional real estate investment firm Certus Capital has invested Rs 150 crore across two mid-market real estate projects in Mumbai Metropolitan Region (MMR) of real estate developers JSB Group and Dynamix Group. These mid-income housing projects near Mumbai international airport and extended western suburb of Vasai have an aggregate development of 385,000 …

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Bengaluru Developers Face FIR for Unauthorized Six-Story Building, – Homevior

Representative image BENGALURU: An FIR was registered against the owner and the developers of a building in Mallathahalli, RR Nagar zone, for allegedly violating the sanctioned building plan and constructing the residential structure according to their own plan. This action followed a complaint from BBMP’s assistant director of urban planning, RR Nagar division and zone. …

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Sebi issues demand notices to Reliance Home Finance’s promoter, others in fund diversion case, – Homevior

File photo Sebi on Wednesday sent demand notices to six entities, including Reliance Home Finance’s promoter entity, asking them to pay Rs 154.50 crore for diversion of funds from the company. The regulator has warned these entities for attachment of assets and bank accounts if they fail to make the payment within 15 days. Those …

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Goa government to raise minimum land prices in Tiswadi, Mormugao, and Salcete, – Homevior

Representative image PANAJI: Those planning to buy properties in Goa’s talukas, which include its capital city, port town, and commercial capital — Tiswadi, Mormugao, and Salcete — will soon have to pay more money as state govt has decided to increase the minimum land price in those talukas. State govt is planning to increase the …

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UPSIDA Increases Residential Plot Registration Deadline to 180 Days, – Homevior

Representative image LUCKNOW: In a significant decision, the UP State Industrial Development Authority (UPSIDA) extended the deadline for getting a residential plot registered from the existing 120 days to 180 days. The decision was made in the 47th board meeting held on Monday. As per the available legal framework, any person or entity buying land …

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