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Reprsentatve image LONDON: British investment managers Legal & General and Schroders are to invest hundreds of millions of dollars in commercial property in the United States, but are largely steering clear of the hard-hit office sector, the companies told Reuters. The fund managers, which oversee more than 1.9 trillion pounds ($2.5 trillion) of assets between …

UK investors poised to buy the dip in US property, , – Homevior Read More »

Representative image NEW DELHI: Markets regulator Sebi on Monday imposed a penalty of Rs 1 crore on Anmol Ambani, son of industrialist Anil Ambani, for his failure to exercise due diligence while approving general-purpose corporate loans in Reliance Home Finance matter. Additionally, the regulator levied a fine of Rs 15 lakh on Krishnan Gopalakrishnan, who …

Sebi imposes Rs 1 crore fine on Anmol Ambani in Reliance Home Finance case, – Homevior Read More »

Representative image NOIDA: Greater Noida Industrial Development Authority (GNIDA) has come out with a new policy that will allow registry of flats at Senior Citizen Home Complex Welfare Society after almost three decades. All these years, residents of the society lived without formal ownership rights as sub-lease deeds were hindered by various disputes. The Authority …

27 Yrs On, Registry Of Flats Set To Resume In This Society, – Homevior Read More »

Representative image NEW DELHI: The government-appointed board of the Unitech Group has moved a court here seeking release and restoration of assets worth Rs 1,257 crore, attached by the Enforcement Directorate as part of a money-laundering probe into the alleged fraud committed by erstwhile promoter-directors of the real estate group. The ED, meanwhile, has informed …

Unitech board seeks court approval for release of properties attached by ED, – Homevior Read More »

Representative image HYDERABAD: As many as 39 buyers who approached the consumer forum against Sahiti Infratec Ventures India (P) Ltd have received relief in the last couple of months as the forum has directed the firm to refund the sale consideration amount to each of them for flats in Ameenpur project. The firm has to …

Realty Firm Told To Refund Rs12 Cr Paid By 39 For Flats In Ameenpur, – Homevior Read More »

Representative image Australian property listing firm REA Group said on Monday it had sweetened its takeover offer for Rightmove to 6.1 billion pounds ($8.12 billion), after Britain’s largest real estate portal rejected its two earlier proposals. The latest offer implies a value of 770 pence per Rightmove share and consists of 341 pence in cash …

Australia’s REA Group raises takeover offer for Rightmove to $8.1 billion, – Homevior Read More »

Representative image GURUGRAM: Construction of large properties is set to become costlier, with Haryana’s department of town and country planning (DTCP) increasing rates for purchasing floor area ratio (FAR) by around 20%. It is the first hike since 2016. Officials told TOI on Sunday that the increase in rates is meant to address rising demand …

Haryana Increases FAR Rates by 20%, Home Construction Costs Set to Surge, – Homevior Read More »

Representaative image HYDERABAD: Cracking the whip on illegal constructions coming up on the full tank levels and buffer zones of lakes in the city, the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has taken out a demolition drive at Nalla Cheruvu area in Kukatpally and Ameenpur in Sangareddy. Buildings in Kistareddypet village of Ameenpur …

HYDRAA razes illegal villas, buildings on buffer zones of lakes in Hyderabad, – Homevior Read More »

Representative image NOIDA: National Company Law Appellate Tribunal (NCLAT) has asked 27,000 homebuyers and other stakeholders to submit objections, if any, to a proposal by National Buildings Construction Corporation Ltd (NBCC) to complete delayed Supertech projects. On Sept 19, NCLAT asked the interim resolution professional to look into the concerns of homebuyers, compile a report …

Nclat Asks Buyers & Lenders To File Feedback On Nbcc’s Supertech Plan, – Homevior Read More »

Representative image NEW DELHI: Delhi Development Authority (DDA) is set to introduce e-auction for flats offered under the recent Dwarka Housing Scheme 2024, starting from Sept 24. The authority launched three housing schemes on Aug 20 — Sasta Ghar Scheme (7,124 EWS and LIG flats), Madhyam Vargiya Housing Scheme (1,843 EWS, MIG and HIG flats), …

Bid Starting Tomorrow!, – Homevior Read More »