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File Photo NEW DELHI: The Insolvency appellate tribunal NCLAT has granted two weeks more time to debt-ridden realty firm Supertech Township Projects suspended director Ram Kishore Arora to circulate the settlement proposal to both its lenders and home buyers. The National Company Law Appellate Tribunal (NCLAT) also suggested the realty firm facing insolvency proceedings to …

NCLAT grants two weeks time for Supertech Township’s settlement proposal, – Homevior Read More »

Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about Rs 60 billion ($717 million), seeking to further lighten its credit load amid regulatory pressures on the industry. The portfolio was sold to about half a dozen state-controlled banks through private deals, according to people familiar with the matter, who asked not …

HDFC sells $717 million of home loans to reduce credit book, , – Homevior Read More »

Representative image MUMBAI: The Rail Land Development Authority (RLDA), a statutory body under the Ministry of Railways, has invited bids for the prime commercial and residential development of a railway land parcel measuring more than 10,000 sq metres in Mahalaxmi. The site holds tremendous potential for high-end residential developments, luxury hotels, and Grade-A office spaces. …

RLDA Invites Bids for Prime 10,000 sqm Land Parcel in Mahalaxmi, Mumbai, – Homevior Read More »

Representative image CHANDIGARH: At least 4,000 households in Chandigarh have been served notices by the Union Territory (UT) administration, warning them of “resumption” or taking away of their property if rooftop solar power plants are not installed within two months. The notice has led to backlash from residents while Chandigarh MP Manish Tewari has called …

Chandigarh administration issues notices to 4,000 homes for rooftop solar installations, – Homevior Read More »

File photo HAVERI: The Haveri city municipal council (CMC) has constructed 26 commercial complexes in the fiscal year 2015-16 using SFC special grants. However, for the past six years, all these complexes have remained unoccupied due to the high deposit rate set by the CMC. Despite multiple attempts to auction these spaces, local vendors have …

High Rents Leave Haveri Cmc’s Commercial Complexes Vacant For Six Yrs, – Homevior Read More »

Representative image NEW DELHI: Delhi Development Authority (DDA) has pushed back the deadline for the final payment instalment for over 1,800 premium flats in Dwarka 19B, which were sold via e-auction last year. The new deadline for paying the remaining 25% of the total value is Oct 31, instead of Sept 28. The authority stated …

DDA Extends Final Payment Deadline for Dwarka Premium Flats, – Homevior Read More »

Representative image Sales of new homes in the United States cooled less than expected in August, according to government data released Wednesday, with lower interest rates potentially boosting the market going forward. New single-family home sales came in at an annual rate of 716,000, seasonally adjusted, lower than July’s revised 751,000 figure, said the Commerce …

US new home sales drop in August 2024, , – Homevior Read More »

Representative image BENGALURU: Real estate developer Puravankara has acquired 2.3 acres of land in Bengaluru from Citrus Venture Projects for around Rs 135 crore, said people familiar with the matter. The acquisition is part of the developer’s plans to develop an office platform aimed at expanding its rental income to Rs 500 crore over the …

Puravankara acquires 2.3 acres land from Citrus Venture Projects for Rs 135 crore, – Homevior Read More »

Representative image NBR Group, a real estate developer based in Bengaluru, has acquired a 9.65-acre land parcel in the Sarjapur-Mullur suburb of Bengaluru. This acquisition is strategically significant as it paves the way for the development of a high-rise residential project spanning 9 lakh sqft. The project is estimated to genrate a gross development value …

NBR Group acquires 9.65 acres land in Bengaluru for residential project, – Homevior Read More »

Representative image GURURGRAM: The National Green Tribunal (NGT) has criticised the Haryana State Environmental Impact Assessment Authority (SEIAA) for its “procrastination” in determining whether a 225-acre licensed colony in Sector 47 required an environmental clearance. The tribunal’s remarks come following SEIAA’s failure to reach a resolution in the case despite a directive issued on July …

Does Colony Need Green Clearance Or Not? Govt Faces Ngt Flak For Delaying Decision, – Homevior Read More »