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Representative image MUMBAI: Shubham Housing Development Finance on Tuesday announced a Rs 1,000 crore fundraise in a round led by Multiples Private Equity. Existing investors Asian Development Bank (ADB) and British International Investment (BII) also participated in the round, which consists of a mix of primary and secondary transactions. Multiples will hold a significant minority …

Shubham housing development finance raises Rs 1,000 crore, , – Homevior Read More »

Representative image KOLKATA: In the realm of vertical living, two housing communities—Loudon Park in the heart of the city and Sodepur Godrej Prakriti on the northern fringes—stand as testaments to sustainable urban living. Though starkly different in size and setting, their commitment to eco-friendly practices and climate-conscious living unites them in the battle against pollution …

Kolkata’s Loudon Park and Sodepur Godrej Prakriti Lead the Charge in Sustainable Living, – Homevior Read More »

Representative image AHMEDABAD: After years of mounting arrears, the AMC’s property tax department has taken a hard line against residential societies, sealing hundreds of properties and issuing stern warnings to defaulters to pay up — or face water and sewer disconnections. The department sealed 469 properties in the East Zone and 279 in the South …

Ahmedabad’s AMC Threatens Water Disconnections for 147 Societies Over Unpaid Property Taxes, – Homevior Read More »

Representative image KANPUR: Kanpur Development Authority (KDA) is planning to expand the land area in the city and accommodate more residents. Recently, about 20,588 hectares of land from 80 villages surrounding the Highway Defence Corridor and the Ring Road has been incorporated into its jurisdiction. High-rise buildings will be constructed on this land following Noida’s …

Kanpur Development Authority Plans Major Urban Expansion with High-Rises and Modern Amenities, – Homevior Read More »

Representaative image BHUBANESWAR: A city-based real estate developer was show-caused by the additional district magistrate (ADM) of Bhubaneswar for not complying with an order of the Odisha Real Estate Regulatory Authority (ORERA) to compensate aggrieved homebuyers in a 2019 case. According to sources, the builder executed a multi-storied housing project in Ghatikia but failed to …

Bhubaneswar Realtor Faces Arrest for Ignoring ORERA Order to Compensate Homebuyers, – Homevior Read More »

Representaative image BHUBANESWAR: A city-based real estate developer was show-caused by the additional district magistrate (ADM) of Bhubaneswar for not complying with an order of the Odisha Real Estate Regulatory Authority (ORERA) to compensate aggrieved homebuyers in a 2019 case. According to sources, the builder executed a multi-storied housing project in Ghatikia but failed to …

Bhubaneswar Realtor Faces Arrest for Ignoring ORERA Order to Compensate Homebuyers, – Homevior Read More »

Representative image GURUGRAM: The civic corporation found six illegal colonies have come up on 700 acres disputed panchayat land in Behrampur during a surprise inspection. Nodal officer (enforcement) said signboards will soon be placed earmarking the site as illegal, and subsequently, these constructions will be razed. Plots, sold at Rs 50,000-80,000 per square yard, have …

Six Illegal Colonies Emerge on Disputed Government Land in Gurgaon, – Homevior Read More »

Representative image HDFC Bank has picked up an entire 8-storey building with office space spread over 4 lakh sq ft in a commercial complex Mindspace Airoli West in Navi Mumbai through a long-term lease spanning across a total 10 years, said persons with direct knowledge of the development. The bank will be paying rentals of …

HDFC Bank leases over four lakh sq ft office space in Navi Mumbai, – Homevior Read More »

Represnetative image INDORE: Indore Municipal Corporation (IMC), which is stepping up its efforts to meet its revenue target of Rs 1,000 crore for the 2024-25 financial year, once again resorted to public shaming, a tactic that proved successful last year. IMC on Monday started the drive using ‘Band Baja’ (Dhol/drums) to approach property tax and …

Indore Municipal Corporation Uses Public Shaming to Recover Property Tax and Water Tax Dues, – Homevior Read More »

Representative image MUMBAI | BENGALURU: US-based private equity firm Blackstone Group has acquired nearly 5 million sq ft operational and leased warehousing assets from logistics company LOGOS India for more than Rs 1,725 crore, said people with direct knowledge of the development. The deal indicates Blackstone’s continued focus on strengthening its presence in India’s rapidly …

Blackstone acquires LOGOS India’s 5 million sq ft warehousing assets for Rs 1,725 crore, – Homevior Read More »