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

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 …

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

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 …

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

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 »

MCG Terminates Nine Agencies Over Construction Waste Collection Failures, – Homevior

Representative image GURUGRAM: MCG has decided to end contracts of nine private agencies handling construction and demolition waste collection citing substandard performance. The mounting complaints on uncollected waste prompted the decision, according to an official. Among these agencies, only one received payment of Rs 50 lakh for waste collection from specified locations. MCG has now …

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Over 13,000 applicants benefit from property regularization under PM-UDAY in Delhi, – Homevior

Representative image NEW DELHI: Lieutenant Governor VK Saxena reviewed the progress of single-window camps under PM-UDAY, under which 13,300 applicants from unauthorised colonies visited and availed of the facility, the Raj Niwas said on Monday. The Prime Minister-Unauthorised Colonies in Delhi Awas Adhikar Yojana (PM-UDAY) scheme aims to grant ownership rights to residents of 1,731 …

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Hootagalli CMC Expands with 45 New Layouts, Boosting Local Development and Property Rights, – Homevior

Representative image MYSURU: The area of operation of Hootagalli City Municipal Council (CMC) is now widened with the inclusion of 45 new layouts after Muda handed them over to the local body. Currently, the CMC is providing service to 33 layouts, including three industrial areas of Hinakal, Koorgalli, and Belwadi. The increase in area within …

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Bombay HC Orders State to Address Plight of 900 Duped Taloja Flat Buyers, – Homevior

File photo MUMBAI: Bombay High Court has sought the state govt’s response to the plight of flat buyers in a housing project in Taloja, Navi Mumbai, who were allegedly duped by the directors of a construction company, including jailed builder Lalit Tekchandani. Justices Ajay Gadkari and Kamal Khata on Dec 6 passed the direction on …

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Residents of Kithaganur and Halehalli panchayat demands basic amenities, – Homevior

Representative image Over 50,000 families residing in Kithaganur and Halehalli Panchayat limits, located on the outskirts of the Mahadevapura Zone in Bengaluru, have come together to demand urgent civic interventions. The KR Puram Constituency Association Welfare Federation has addressed an open letter to the Panchayat Development Officer (PDO), with copies sent to key officials, including …

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Bombay High Court Upholds Tenants’ Right to Redevelop Dilapidated Building, – Homevior

Representative image MUMBAI: Bombay High Court recently upheld the right of the tenants of an 80-year-old dilapidated Kalbadevi building to redevelop it after the landlords failed to take steps for its redevelopment within a statutory time limit. Justices Ajay Gadkari and Kamal Khata Nov 26 allowed a petition by 38 tenants of Kalyan Bhavan, a …

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BMC Takes Action Against Construction Firm for Air Pollution Violations in Mumbai, – Homevior

File photo MUMBAI: The BMC has issued a speaking order against a construction firm for not adhering to air pollution guidelines at their construction project on Babrekar Nagar Road in Charkop, Kandivli. The R-South ward issued a notice earlier in Jan this year, and the developer responded, claiming they were adhering to the guidelines. However, …

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