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Representative Image LONDON: British real estate group Winkworth said on Wednesday demand for high-end properties had been dented by tax policies targeting wealthy individuals and a proposal by the new Labour government to tax private schools. Britain’s tight national finances have for some time meant there is little scope to invest government money in improving …

Demand for high-end properties in Britain dented by tax policies: Winkworth, – Homevior Read More »

Representative Image Piramal Capital & Housing Finance raised its maiden dollar syndicated social loan of $100 million (₹835 crore). The entire loan is pre-funded by Standard Chartered Bank and the foreign lender is expected to syndicate the loan in the next few months. The loan has a three-year maturity, and it is benchmarked to the …

Piramal Capital & Housing Finance raises Rs 835 crore through social loan, – Homevior Read More »

Representative Image NEW DELHI: No real estate project can fail if developers maintain financial discipline from the very beginning, Sanjeev Kumar Arora, member of Gurugram bench of Haryana regulatory authority, said. Addressing Assocham’s National Conference on Changing Dynamics of Real Estate for Viksit Bharat, he also pitched for reduction of interest rates on home loans …

Haryana RERA member, – Homevior Read More »

Representative Image French multinational pharmaceutical company Sanofi’s Indian arm has decided to put the standalone property spread over 150,000 sq ft that houses its country headquarter in Mumbai’s Powai locality on the block, said persons with direct knowledge of the development. The company has already picked up an office in Vikhroli suburb through a long-term …

Sanofi India decides to put 1.5 lakh sq ft headquarter in Mumbai on the block, – Homevior Read More »

Representative Image Coworking and managed space provider Redbrick Offices has acquired commercial properties spread over around nearly 90,000 sq ft in Marol locality of Mumbai’s western suburb Andheri for over Rs 267 crore. The company has bought this office space spread over three floors in a commercial complex Times Square through its subsidiary Red Fox …

Redbrick Offices acquires properties in Mumbai’s Andheri for Rs 267 crore, – Homevior Read More »

Representative Image MUMBAI: Mumbai Police’s Economic Offences Wing (EOW) on Tuesday arrested Kamala Mills owner and real estate developer Ramesh Govani in connection with a Rs 67.50 crore fraud case, an official said. Govani, who also serves as a director of a private land development company, allegedly purchased a project in the Khardanda area in …

EOW arrests Kamal Mills’ owner in fraud case, , – Homevior Read More »

Representative Image HONG KONG: China’s Ministry of Finance is conducting more rigorous checks of work done by the Big Four auditing firms for local companies, three people with knowledge of the matter said, amid concerns auditors are not doing enough to uncover corporate wrongdoing. The tighter scrutiny, which has not been previously reported, is mainly …

China’s finance ministry dials up scrutiny for audit firms after Evergrande probe: Sources, – Homevior Read More »

Representative Image Tata Realty & Infrastructure Ltd (TRIL), a subsidiary of Tata Sons, plans to augment its office space portfolio to 30 million sq ft over the next seven years from the current 10 million backed by expansions in Mumbai, Bengaluru, Pune, and NCR, Sanjay Dutt, managing director and chief executive told ET. Since most …

Tata Realty plans to triple its office space portfolio in seven years, – Homevior Read More »

File Photo KULLU: A new clause that allows the Army to retain control of land even after the excision of civil areas from cantonment boards has sparked off a fresh controversy with cantonment residents threatening to launch a fresh agitation in Himachal Pradesh. As per the new clause — added recently by the Union ministry …

New MoD Clause Sparks Controversy in Himachal Pradesh Cantonments, – Homevior Read More »

Representative Image JAIPUR: The ban on river sand excavation during monsoon, expiry of most leases, and restrictions imposed on weighbridges by the mining department have led to a rise in illegal mining and skyrocketing prices in the state. According to the ministry of environment and forests (MoEF) guidelines, leaseholders can’t excavate sand from the river. …

Sand prices surge in Rajasthan due to excavation ban and expired leases, – Homevior Read More »