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Bengaluru Apartment Dwellers Raise Concerns Over E-Khata Ownership Issues, – Homevior

Representative image BENGALURU: With Bruhat Bengaluru Mahanagara Palike (BBMP) rolling out e-khata for properties, various flat owners’ associations have raised concerns over what they say are “ambiguities in its legal and procedural framework” when it comes to apartment complexes. E-khatas are geotagged but stacked flats share the same coordinates, making it challenging to verify individual …

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High Court Halts 2012 Kengeri Land Order, Reviews BDA’s Delayed Petition, – Homevior

Representative image BENGALURU: In a significant relief for BDA, the high court not only admitted a review petition filed after a delay of more than 12 years but also stayed a 2012 order on a five-acre property in Kengeri, Bengaluru South taluk. While directing BDA to pay Rs 25,000 in cost, Justice ES Indiresh has …

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High Court Halts 2012 Kengeri Land Order, Reviews BDA’s Delayed Petition, – Homevior

Representative image BENGALURU: In a significant relief for BDA, the high court not only admitted a review petition filed after a delay of more than 12 years but also stayed a 2012 order on a five-acre property in Kengeri, Bengaluru South taluk. While directing BDA to pay Rs 25,000 in cost, Justice ES Indiresh has …

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Two booked for cheating villa owner of Rs 76,000, , – Homevior

Representative image MUMBAI: The police in Maharashtra’s Nashik district have registered a case against two persons for allegedly duping a man of about Rs 76,000 by sub-letting his villa to a third party, an official said on Sunday. The official from the Trambakeshwar police station said that complainant Aniruddh Powar owns a property – Mountain …

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Commercial property prices in Germany drop 4.7% in Q3 2024, – Homevior

Representative image FRANKFURT: German commercial property prices fell 4.7% in the third quarter from a year earlier but showed continued signs of stabilisation, the VDP banking association said on Monday, as the country’s real estate sector grapples with its worst crisis in decades. Commercial real estate valuations, in decline for two years, rose 0.7% from …

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State owned banks explore new route to home loan evaluation for informal sector, – Homevior

Representative image MUMBAI: Some large state-owned banks have had preliminary discussions to explore the possibility of offering home loans to persons without customary income proof, employer certificate or tax returns. Different from the regular disbursement under ‘affordable housing’ programmes, this proposal would aim at assessing borrowers’ earnings in alternative ways — like considering transaction levels …

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HDFC Capital & Runwal Enterprises partners to set up Rs 1,150 crore residential platform, – Homevior

Representative image HDFC Capital, the real estate private equity arm of HDFC Group, has entered a partnership with realty developer Runwal Enterprises to set up a platform focused on the development of residential projects for affordable, mid-income and upper mid-income families. As per the terms of the agreement, HDFC Capital will be investing over Rs …

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Record Property Registrations in Indore During October Festivities, – Homevior

INDORE: Income from registration of properties in the festive month October jumped approximately 13 percent in Indore whilst revenues in Indore-Ujjain divisions surged 15 per cent from the corresponding period a year ago, official data showed. Indore, Ujjain and Dhar recorded substantial revenues from property registrations. In October Indore garnered income of Rs 214 crore, …

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85% of Property ID Complaints Returned to Owners Amid Growing Concerns, – Homevior

GURUGRAM: Around 85% of complaints filed by residents regarding rectification in their property IDs have been returned for lack of documents and information, data sourced from municipal corporations have shown. Across the state, there are 74,227 complaints that are yet to be resolved despite being filed months ago. Of these, the NCR districts of Gurgaon …

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Telangana HC Halts Controversial Probe Report on Jubilee Hills Housing Society, – Homevior

HYDERABAD: Justice Madhavi Devi of the Telangana high court has stayed the inquiry report submitted by the special grade deputy registrar on alleged misappropriation of funds and illegal transfer of plots in the Jubilee Hills Co-operative House Building Society Ltd. After several warnings from the high court to get ready to face contempt proceedings , …

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