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

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 …

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Mysuru Local Bodies to Maintain Muda Approved Layouts, – Homevior

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 …

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ED attaches Rs 23.13 crore worth of properties in Punjab in PMLA case against Hacienda Projects, – Homevior

Representative image LUCKNOW: Directorate of Enforcement (ED), Lucknow Zonal Office has provisionally attached five immovable properties worth Rs 23.13 crore in the form of agricultural land and industrial plots at Hoshiarpur, Fatehgarh Sahib and Mohali, Punjab in the name of Moonlight Propbuild Pvt Ltd and Elco Global Ventures LLP under the provisions of Prevention of …

ED attaches Rs 23.13 crore worth of properties in Punjab in PMLA case against Hacienda Projects, – Homevior Read More »

Indore Municipal Corporation Secures 8.5 Hectares for Affordable Housing Under PMAY 2.0, – Homevior

Representative image INDORE: Indore Municipal Corporation, under the Pradhan Mantri Awas Yojana 2.0, was allocated a total of around 8.5 hectare of land at two places for the construction of affordable houses. According to IMC Commissioner Shivam Verma, the central govt set an ambitious target of completing the construction of houses under the PMAY 2.0 …

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Merlin Group looks to double its revenue over the next 7-8 years, – Homevior

Representative image KOLKATA: Merlin Group, Kolkata’s largest real estate developer, is currently executing projects worth Rs 20,000 crore, which are expected to double its annual revenue over the next 7-8 years, a senior official said on Monday. The announcement coincided with the unveiling of the company’s new brand identity. “We have been growing steadily year …

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Greenply Industries’ net profit rises 26.33% in Q2 FY25, , – Homevior

NEW DELHI: Greenply Industries has reported a growth of 26.33 per cent in its net consolidated profit during the quarter ended September 30, 2024. Its profit after tax stood at Rs 17.56 crore as against Rs 13.90 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. …

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BBMP Launches Citywide Survey of Under-Construction Buildings to Ensure Compliance, – Homevior

Representative image BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) will begin a survey of all under-construction buildings in the city from Monday to ensure there is no violation of sanctioned plans. The move follows the collapse of an under-construction building at Babusapalya near Hennur last week in which nine people were killed. Tushar Giri Nath, the …

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