File Photo MUMBAI: The Economic Offences Wing (EOW) of Mumbai Police has closed the second cheating case filed against three directors of Nirmal Lifestyle: Dharmesh Jain, Rajeev Jain, and Puja Jain. This decision came after they refunded the money to the 12 investors of the Nirmal Lifestyle Home Buyers Redressal Association and filed consent terms. …
NOIDA: Over the past nine days of Navratri, the stamp and registration department registered 303 flats and collected Rs 103 crore stamp duty. The number of registrations is nearly three times of what is done on usual days. Assistant inspector general registration (I) BS Verma said, “Usually, we register 10-20 flats daily. However, we registered …
Representative Image MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) expects to generate Rs 656 crore by leasing three prime plots in Bandra-Kurla Complex (BKC) for key infrastructure developments, including a clubhouse with sports facilities, a hospital, and an educational institution. These plots are being offered on an 80-year lease, and bids must be submitted …
PANAJI: Goa police on Saturday decided to launch a drive on Oct 15 to prosecute landlords for unverified tenants. Goa police verified the credentials of over 20,000 tenants and house helpers for the safety and security of the citizens from Oct 1 to 9. So far, they verified the credentials of 70,000 people. Director general …
MUMBAI: Observing that the demand for additional charges for maintenance and a huge amount for society registration without forming the society or providing the agreed services amounts to unfair trade practices, the state consumer commission ordered a builder to pay a Navi Mumbai family compensation of Rs 2.75 lakh. “The complainants provided evidence through their …
Mumbai Builder Ordered to Pay Rs 2.75 Lakh for Defective Flat Services, – Homevior Read More »
Representative image ULHASNAGAR: The state govt has initiated the process to regularise illegal constructions in Ulhasnagar and issued a format that the local special development officer must implement and provide to owners of such properties. Ahead of Lok Sabha elections early this year, the state had also reduced the penalty imposed for legalising constructions in …
State Government Unveils New Property Card Format, – Homevior Read More »
Representative image BEIJING: China’s top banks will lower interest rates on existing mortgages from October 25, state media said Saturday, after Beijing’s central bank requested the adjustment to reduce pressure on homeowners. The move comes as Finance Minister Lan Fo’an is expected to announce further fiscal stimulus at a highly anticipated press conference in Beijing …
China banks to lower interest rates on existing mortgages from October 25, – Homevior Read More »
Representaitve imahe LUCKNOW: In a setback to property owners who habitually settle their dues after the stipulated deadline, the Uttar Pradesh government’s estate department has announced that they will now have to pay more. Issuing a fresh set of directives on Thursday, the department stated that an annual interest rate will be imposed on defaulters …
Representative image NOIDA: The govt-appointed board of directors at Unitech Group has issued a warning to homebuyers defaulting on payment of dues raised by the company, threatening to halt construction of their flats and even cancel allotments in extreme cases. The notice comes at a time when construction work has resumed on a number of …
Pay Dues or Risk Construction Halt and Allotment Cancellation, – Homevior Read More »
Representative image PANAJI: After a gap of four years, the revenue department has moved to revise the base price for land rates in the state. The move comes amidst sustained speculation in Goa’s property market, particularly from high networth individuals from other states. While seeking to rake in additional revenue, govt also wants to bring …
Goa government forms committee to hike base land rates, , – Homevior Read More »
