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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 …

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

NEW DELHI: BigBloc Construction, a manufacturer of aerated autoclaved concrete (AAC) blocks, bricks, and panels, has completed phase II expansion of their AAC blocks manufacturing plant located at Wada, Maharashtra. With this expansion, the company has doubled its manufacturing capacity from 250,000 to 500,000 cubic meters. Narayan Saboo, chairman of the company said, “Along with …

BigBloc Constructions doubles AAC blocks manufacturing capacity, – Homevior Read More »

Representative image VASCO: In a major decision that is expected to bring relief to hundreds of occupants of premises belonging to the Goa Housing Board at New Vaddem, the Mormugao Municipal Council (MMC) on Tuesday resolved to regularise 544 structures. These structures were allocated to municipal workers under the Economically Weaker Sections (EWS) Housing Scheme …

Mormugao civic body regularises 544 housing board homes in New Vaddem, – Homevior Read More »

Representative image NEW DELHI: Delhi residents will now be able to register their property at any sub-registrar office of their choice, at their convenience. Delhi Chief Minister Atishi has approved the ‘Anywhere Registration’ policy, which removes the requirement for citizens to visit a specific sub-registrar office. Now, residents can make an online appointment at any …

Delhi CM approves ‘anywhere registration’ policy for property registration, – Homevior Read More »

New generation housing finance company Vridhi Home Finance has secured Rs 310 crore in equity funding from Norwest Venture Partners along with its existing investor Elevation Capital and the company’s founders. It comes after the company raised $18 million from Elevation Capital in its first institutional fundraising in October 2023. In a statement on Tuesday, …

Vridhi Home Finance raises Rs 310 crore funding from Norwest Venture Partners, others, – Homevior Read More »

Representative image NEW DELHI: The Delhi Police on Tuesday claimed to have arrested a 38-year-old builder in connection with alleged cheating of 485 flat buyers to the tune of over Rs 300 crore in Gurugram, officials said. Varun Puri was wanted in at least 45 cases of cheating and was facing the reward of Rs …

Universal Buildwell’s director arrested from Indore in Rs 300 crore cheating case, – Homevior Read More »

Representative image Singapore’s Hongkong Land Holdings on Tuesday said it will wind down its build-to-sell division to focus exclusively on investment properties in key Asian cities and redirect capital into integrated commercial property opportunities. Hongkong Land, which expects to raise proceeds worth $6 billion from the divestment, said the new plan will leverage its established …

Singapore’s Hongkong Land to wind down build-to-sell division, – Homevior Read More »

NEW DELHI: Sachin Bansal’s Navi Finserv, which has been barred from giving fresh loans, on Tuesday said the Reserve Bank has allowed it to make scheduled home loan disbursals sanctioned before October 20. Earlier this month, the RBI had ordered Navi Finserv to cease and desist from sanctioning and disbursing loans effective from the close …

RBI allows home loan disbursals sanctioned before Oct 20: Navi Finserv, – Homevior Read More »

Representative image STOCKHOLM: Norway’s sovereign wealth fund said on Tuesday it has bought a 97.7% stake in an office property in Menlo Park in the San Francisco bay area for $217 million, in a joint venture with U.S. real estate investment firm DivcoWest. Norges Bank Investment Management (NBIM), the world’s largest sovereign wealth fund, said …

Norway’s sovereign wealth fund acquires 98% stake in Menlo Park office property for $217 million, – Homevior Read More »

Representative image MYSURU: Henceforth, all Mysuru Development Authority (Muda) developed and approved layouts around Mysuru will be maintained by the local govt bodies of the respective areas. A decision in this regard was taken in a meeting chaired by Muda chairman G Lakshmikantha Reddy, who is also the Mysuru DC. “In the meeting, it was …

Mysuru Local Bodies to Maintain Muda Approved Layouts, – Homevior Read More »