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SC seeks information on affordable home projects allowed in Haryana in 10 years, – Homevior

File Photo GURUGRAM: The Supreme Court has asked Haryana govt to furnish details of affordable housing projects for which it issued licences in past 10 years. The court was hearing petitions filed by buyers who have invested around Rs 160 crore in Mahira Homes in Sector 103 – a project that has been stalled for …

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L&T Realty, Valor Estate to jointly develop Rs 20,000 crore project in Mumbai, – Homevior

L&T Realty, the property development arm of Larsen & Toubro, has entered into a binding agreement with Valor Estate, earlier known as DB Realty, to jointly develop a more than Rs 20,000-crore project on a 10-acre land parcel in Mumbai’s Bandra-Kurla Complex (BKC), said people aware of the development. Both companies are planning to build …

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Ashwin Seth Group aims to touch Rs 3,000 crore revenue in FY25, – Homevior

NEW DELHI: Ashwin Seth Group hopes to reach Rs 3,000 revenue in the financial year 2024-25. It had registered Rs 1,500 crore revenue in the financial year ended March 2024 and Rs 500 crore in FY23, informed Ashwin Sheth, chairman and managing director of the company. It achieved sales revenue of Rs 1,486 crore in …

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Goa urban development minister, – Homevior

Representative Image PANAJI: Urban development minister Vishwajit Rane said that the GIS-based (geographic information system) survey of properties in four urban local bodies; Bicholim, Mapusa, Pernem and Valpoi has been completed by the department. Rane said that Kolbro Group pvt ltd, the agency appointed by govt, is currently conducting GIS-based mapping for the Corporation of …

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Residents of Golden Tower left homeless and furious, , – Homevior

BHOPAL: Uncertainty hangs over the displaced residents of Golden Tower in Thatipur, Gwalior. The five-story building has been tilting dangerously since a pillar got damaged on July 16, forcing the evacuation of half its residents. The situation has worsened with new cracks in two additional pillars. While people associated with the builder claim that one …

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Star Housing Finance reports 94% rise in profit in Q1 FY25, , – Homevior

MUMBAI: Semi-urban and rural-focused home finance company Star Housing Finance Ltd (Star HFL) has reported a 70 per cent jump in its revenue for the April-June quarter on strong growth in interest income and commission fee. Total revenue rose by 70 per cent to Rs 20.96 crore for the April-June quarter of 2024-25 compared to …

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I-T department clarifies acquisition cost of real estate bought before 2001 for LTCG calculations, – Homevior

NEW DELHI: The cost of acquisition of real estate properties purchased before 2001 will be the fair market value (FMV, not exceeding the stamp duty value) as of April 1, 2001, or the actual cost of the land or building for the purpose of calculation of long-term capital gains (LTCG) tax, the I-T department has …

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Embassy REIT’s net operating income up 3% to Rs 757.5 crore in Q1 FY25, – Homevior

NEW DELHI: Embassy Office Parks REIT on Thursday reported a 3 per cent increase in its net operating income to Rs 757.5 crore in the June 2024 quarter and announced distribution of Rs 530.8 crore to unitholders. The net operating income (NOI) stood at Rs 737.6 crore in the year-ago period. The board of directors …

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