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New MoD Clause Sparks Controversy in Himachal Pradesh Cantonments, – Homevior

File Photo KULLU: A new clause that allows the Army to retain control of land even after the excision of civil areas from cantonment boards has sparked off a fresh controversy with cantonment residents threatening to launch a fresh agitation in Himachal Pradesh. As per the new clause — added recently by the Union ministry …

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Sand prices surge in Rajasthan due to excavation ban and expired leases, – Homevior

Representative Image JAIPUR: The ban on river sand excavation during monsoon, expiry of most leases, and restrictions imposed on weighbridges by the mining department have led to a rise in illegal mining and skyrocketing prices in the state. According to the ministry of environment and forests (MoEF) guidelines, leaseholders can’t excavate sand from the river. …

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Delhi HC issues notice to Brilliant Etoile on Yuvraj Singh’s pleas to appoint arbitrator, – Homevior

Representative Image NEW DELHI: The Delhi High Court on Tuesday issued notice to a real estate firm on pleas by former India cricketer Yuvraj Singh seeking invocation of arbitration laws over alleged violation of his privacy rights in promotion of construction projects and for delayed delivery of a dwelling unit to him in the national …

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Infrastructure and Funding Worries for Hyderabad Residents, – Homevior

Representative Image HYDERABAD: While welcoming the merger of Secunderabad Cantonment’s civilian areas with GHMC, residents say that certain revisions in the modalities has left them apprehensive. Their key concerns: split in authority over infrastructure permissions and inadequate funds. They are also worried about certain roads being closed again. In its communication on Jan 4, 2023, …

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Samsung R&D Institute-Bangalore renews office lease for five years, – Homevior

Representative Image BENGALURU: Samsung Research and Development Institute India-Bangalore (SRI-B) has renewed its lease for 420,000 square feet of office space in Bengaluru with Bagmane Developers for a duration of five years. The lease, which started in June this year, includes a lock-in period until April 2027. According to a lease renewal deed shared by …

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Bengaluru civic body collects just Rs 463 crore property tax through OTS, – Homevior

BENGALURU: The BBMP’s initiative to boost revenue through the ‘One Time Settlement’ (OTS) aimed at recovering unpaid taxes has received a tepid response. As the deadline of July 31 approaches, the civic authority has managed to collect Rs 463.03 crore, leaving Rs 624.88 crore still outstanding. According to the data, BBMP officials have successfully collected …

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China’s Guangzhou R&F Properties receives winding-up petition, – Homevior

BENGALURU: Chinese property developer Guangzhou R&F Properties said on Tuesday that its unit has received a winding-up petition on Monday from Seatown Private Credit Master Fund regarding a non-repayment of a loan. The petition on Trillion Glory, the unit in question, was filed by the Singapore-based private equity fund, which holds a 18% interest in …

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HDFC Capital to invest $2 billion in affordable housing segment by 2025 end, – Homevior

Representative Image HDFC Capital Advisors is betting big on affordable and mid-income housing with plans to invest more than $2 billion in this segment across India’s top property markets by the end of 2025 to support easing of supply side constraints, said a top company executive. The world’s largest affordable housing platform that counts Abu …

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Bombay HC refuses to grant relief to 41 Vasai buildings facing demolition, – Homevior

File Photo MUMBAI: The Bombay High Court on Monday refused to grant any relief from demolition to 41 buildings in Vasai in Palghar district after observing that they are “wholly illegal and unauthorized” and constructed on land reserved for a sewage treatment plant and dumping ground. A division bench of Justices M S Sonak and …

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