Representative image KALYAN: After last month’s Bombay high court order, Kalyan-Dombivli Municipal Corporation (KDMC) has begun the process to demolish 47 of the 65 illegal buildings constructed by developers who forged RERA certificate documents. The action will affect around 6,500 people. According to KDMC officials, since people live in these buildings, they will first disconnect …
Representative image PATNA: For the first time, a property of a defaulting promoter, confiscated by Real Estate Regulatory Authority (RERA), Bihar, will be auctioned so that the proceeds can be refunded to the aggrieved homebuyers for failure to complete its project. “The authority had confiscated the land of Agrani Homes Private Limited in Dhawalpura locality …
Representative image PATNA: For the first time, a property of a defaulting promoter, confiscated by Real Estate Regulatory Authority (RERA), Bihar, will be auctioned so that the proceeds can be refunded to the aggrieved homebuyers for failure to complete its project. “The authority had confiscated the land of Agrani Homes Private Limited in Dhawalpura locality …
Representative image NEW DELHI: Barely 5,648 govt funded vacant houses have been allotted to migrant workers under affordable rental housing complex (ARHC) scheme almost four-and-half years after it was launched during Covid-19 pandemic. This is less than 7% of the 83,534 houses that were identified for the scheme when it was approved by the Cabinet. …
Only 5,648 homes allotted to migrant workers under ARHC scheme in 4.5 years, – Homevior Read More »
Representative image KOLKATA: The West Bengal Assembly on Monday passed the West Bengal Municipal Corporation (Amendment) and West Bengal Municipal (Amendment) Bills 2024, introducing a new property tax assessment system based on Unit Area Assessment (UAA). If a property’s tax assessment continues for more than five years without reassessment, the annual value will be deemed …
Representative image NAVI MUMBAI: The Navi Mumbai Municipal Corporation (NMMC) issued a ‘stop work’ notice at a redevelopment site in Sanpada, Sector 7, after a house owner complained that his flat was hurriedly demolished, although his possessions and valuables worth Rs 10-15 lakh were still inside. The stop work notice was signed by the Turbhe …
Representative image NEW DELHI: Bharat Agri Fert & Realty on Monday announced plans to invest Rs 85 crore in the expansion of its resort in the Palghar district of Maharashtra to position it as a premier destination for weddings. The expansion is part of the company’s strategic vision to position the resort as a venue …
File photo DUBAI: The Trump Organisation said Monday it has leased its brand to two new real estate projects in Saudi Arabia just weeks before President-elect Donald Trump returns to the White House. It will partner with Dar Global, a London-based luxury real estate developer that will lease the Trump brand but fully own and …
Representative image NEW DELHI: ASK Property Fund, Kanodia Group’s KREEVA and Shapoorji Pallonji Real Estate will jointly invest Rs 270 crore in a housing project in sector 46, Gurugram. Bhavin Jain, CIO of ASK Property Fund, said, “With significant equity from KREEVA and partnership with Shapoorji Pallonji Real Estate, this project effectively minimises risk.” The …
Representative image NEW DELHI: ASK Property Fund, Kanodia Group’s KREEVA and Shapoorji Pallonji Real Estate will jointly invest Rs 270 crore in a housing project in sector 46, Gurugram. Bhavin Jain, CIO of ASK Property Fund, said, “With significant equity from KREEVA and partnership with Shapoorji Pallonji Real Estate, this project effectively minimises risk.” The …
