Trending

Representative image BENGALURU: Property owners in Benglauru have been complaining about the hurdles they are facing in obtaining e-khatas under the ambitious online system introduced by BBMP over a month back. They regret the absence of the promised assistance from the civic body in obtaining the crucial document. The e-khata initiative, designed to streamline property …

Property owners face hurdles in obtaining e-khatas due to system issue, – Homevior Read More »

Representative image CHENNAI: Getting clearances for buildings just got simpler with the state govt setting deadlines for 11 departments to issue no-objection certificates (NOCs). If a department misses the deadline (15 days for some, 30 for others), NOC will be deemed as given. Home buyers and developers welcomed the system that enables clearances through a …

Chennai Government Introduces 15-30 Day Deadlines for Building Approvals, – Homevior Read More »

Representative image NEW DELHI: In a majority 7:2 ruling, the Supreme Court on Tuesday held that states are not empowered under the Constitution to take over all privately-owned resources for distribution to serve the “common good”. A nine-judge bench headed by Chief Justice DY Chandrachud, however, said states can stake claim over private properties in …

States not empowered to take over all private properties for distribution to serve common good: SC, – Homevior Read More »

Representative image MUMBAI: KKR India’s Chief Executive Officer Gaurav Trehan has bought a sea view luxury apartment in a super-premium project Morena House on South Mumbai’s plush Carmichael Road for nearly Rs 88 crore from JSW Realty, a real estate development arm of JSW Group. The deal for the apartment, spread over a carpet area …

KKR India’s CEO buys apartment in Mumbai for Rs 88 crore, – Homevior Read More »

Representative image BHOPAL: Bad news for home buyers in the state capital. Property prices are set to increase from 5% to 250% at 230 locations in the state capital with the district administration and stamps and registration department proposing a second hike in collector guideline rates this fiscal. The proposed new rates, once approved, will …

Impact on Home Buyers, – Homevior Read More »

Representaive image INDORE: District Level Evaluation Committee has received around two dozen suggestions, claims, and objections regarding the proposed hike in existing Collector’s guideline for property rates at 469 locations. The committee, which initiated the process as mid-term revision of the collector’s guideline, proposed increasing the guideline value for property in 469 locations across the …

Indore Panel Receives 24 Suggestions on Collector’s Guidelines for Property Rates, – Homevior Read More »

Representative image GURUGRAM: DTCP demolished nine unauthorised colonies during a demolition drive across villages in Sultanpur and Farrukhnagar on Monday. The operation, under the jurisdiction of Farrukhnagar police station, was conducted to curb illegal structures, road networks and other unapproved buildings. The largest demolition occurred in Sultanpur, where three colonies spread across 33 acre were …

9 Illegal Colonies Demolished in Gurgaon, , – Homevior Read More »

Representative image NEW DELHI: Sebi on Monday asked five entities, including Netizen Engineering and Citi Securities and Financial Services, to pay Rs 130 crore for the illegal diversion of funds from Reliance Home Finance Ltd. The regulator has warned these entities to attach assets and bank accounts if they fail to make the payment within …

Sebi asks five entities to pay Rs 130 crore in Reliance Home Finance fund diversion case, – Homevior Read More »

Representative image GURUGRAM: H-Rera has ordered four prominent developers — Raheja Developers, Ramprastha Developers, Tashi Land Developers, and Sunrays Heights — to deliver flats to their buyers within 90 days and pay approximately 11% annual interest on investments. Rera also issued a warning that non-compliance will result in legal proceedings. The regulator’s investigation of individual …

H-Rera Orders Builders to Compensate Buyers and Deliver Flats Within 3 Months, – Homevior Read More »

Representative image LONDON: British insurer and asset manager M&G has bought a majority stake in European real estate investor BauMont, as it prepares to buy up more commercial property in anticipation of a market recovery. M&G told Reuters it had acquired a 65% stake in BauMont Real Estate Capital, an 18-strong property investing team with …

M&G acquires 65% stake in European property firm BauMont, , – Homevior Read More »