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ICICI Prudential AMC buys office tower from Kalpataru in Mumbai for Rs 315 crore, – Homevior

Representative Image MUMBAI: ICICI Prudential Asset Management Company has acquired an entire commercial tower in Mumbai’s western suburb Santacruz for over Rs 315 crore from realty developer Kalpataru’s subsidiary Ixora Properties. The newly acquired tower, built on one-third of an acre, is likely to house the asset management company’s new head office. The office building, …

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Andhra Pradesh and Telangana dispute over ownership of buildings in Hyderabad, – Homevior

File Photo HYDERABAD: Telangana and Andhra Pradesh are heading for a battle of sorts claiming ownership over institutions and buildings after Hyderabad ceased to be the common capital. Days after June 2 when Telangana was gearing up to take over buildings that were in possession of AP, the neighbouring state is now demanding its share …

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Bengaluru civic body to extend OTS tax facility to Rs 5 lakh khata-less properties, – Homevior

Representative Image BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) is all set to give an opportunity to the owners of over 5 lakh khata-less properties in the city to utilise its one-time settlement (OTS) scheme and clear property tax dues to save on penalties and interest. According to BBMP officials, the March OTS rollout was delayed …

Bengaluru civic body to extend OTS tax facility to Rs 5 lakh khata-less properties, – Homevior Read More »

BCC forms fact-finding panel to identify its properties, – Homevior

File Photo BELAGAVI: Activities have commenced within the Belagavi City Corporation (BCC) to establish a committee of members tasked with identifying its properties worth crores of rupees in the city. Over the past 4-5 years, there has been a rising trend of theft of documents from various offices of BCC. According to the allegations, the …

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Noida authority issues notice to 13 builders for dues worth over Rs 8,510.69 crore, – Homevior

Representative Image The Noida Authority has served notices on real estate developers, including ATS, Supertech, Logix, seeking their proposal within 15 days for resettlement of their dues worth hundreds of crores, officials said on Friday. The notices, issued on Thursday, are in line with an order of the Uttar Pradesh government concerning legacy stalled real …

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Norway government calls off plan to sell land in Svalbard, , – Homevior

Representative Image OSLO: The Norwegian government called off Monday a plan to sell the last privately owned piece of land on the strategic Arctic archipelago of Svalbard in order to prevent its acquisition by China. The remote Sore Fagerfjord property in southwestern Svalbard — 60 square kilometres (23 square miles) of mountains, plains and a …

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Allotment process for 4,350 flats in Bawana begins, – Homevior

Representative Image NEW DELHI: Following the objections of Real Estate Regulatory Authority (RERA) that no agency can sell flats in housing projects without registering with it, Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) has begun the process of completing formalities for nearly 4,350 flats that are lying unallotted and unoccupied in northwest Delhi’s Bawana. …

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Home prices in Australia rise by 0.7% in June 2024, , – Homevior

Representative Image SYDNEY: Australian home prices rose in June for a seventeenth straight month, as tight supply outweighed demand-side pressures of high interest rates, a cost of living squeeze and tight lending conditions, property consultant CoreLogic said on Monday. Data from CoreLogic showed national home prices climbed 0.7% in June from May when it gained …

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Unity Small Finance Bank inks pact to acquire office space worth Rs 393 crore, – Homevior

Representative Image Centrum Financial Services-promoted Unity Small Finance Bank has entered into agreements to purchase 168,000 sq ft of office space in Mumbai’s Santacruz suburb and Navi Mumbai’s Seawoods area for a total of nearly Rs 393 crore. Of this, the bank will be paying Rs 227 crore for the Santacruz office, which will be …

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