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GUWAHATI: Guwahati Municipal Corporation (GMC) has launched a special drive for processing building permissions, occupancy certificates and regularisation applications for buildings of all categories. The initiative, which commenced in Feb, is scheduled to continue through March. GMC mayor Mrigen Sarania said this initiative seeks to address the difficulties faced by builders and allottees in securing …

Guwahati civic body launches special drive to process building permissions, – Homevior Read More »

Representative Image TORONTO: Greater Toronto Area home sales rebounded in January as new listings climbed, while home prices were little changed after two straight months of increases, data from the Toronto Regional Real Estate Board (TRREB) showed on Wednesday. Seasonally adjusted sales rose 10% on a month-over-month basis in January to 5,971 units after tumbling …

Home sales in Toronto rebound 10% in January 2025, – Homevior Read More »

VASAI: The Vasai Virar City Municipal Corporation (VVCMC) has so far received only six valid applications to issue the certificate. This certificate is essentially “proof of residence,” certified by the VVCMC, which proves that people purchased their flats in one of these 41 illegal buildings. The corporation urged the residents of the 41 illegal buildings …

Vasai Virar civic body urges residents of 41 illegal buildings to apply for ‘proof of residence’ certificate, – Homevior Read More »

Representative Image BHUBANESWAR: Around a year after the govt allowed the conversion of leasehold land into freehold in the city, the Bhubaneswar Development Authority (BDA) has converted 580 residential properties. BDA has completed the registration of 580 conveyance deeds from a total of 867 applications, with 462 submissions received through its online portal. Prospective applicants …

Bhubaneswar development body converts 580 residential plots into freehold, – Homevior Read More »

PUNE: State govt, in a first, has directed the registration department to publish proposed ready reckoner (RR) rates for the upcoming financial year online to allow for public feedback before finalising the rates. RR rates serve as govt’s assessment of property values and form the basis for stamp duty and registration charges. They typically see …

Maharashtra to publish draft RR rates online for public feedback & to ensure transparency, – Homevior Read More »

CHANDIGARH: With no major project undertaken for the past several years, the Chandigarh Housing Board (CHB) is now losing money and running deficits. As per the financials submitted for three financial years, 2022-23, 2023-24, and 2024-25, the CHB’s receipts are less than its payments. From generating a surplus of Rs 25 crore in FY 2022-23, …

Chandigarh housing board to run deficit of Rs 4.5 crore in FY25, – Homevior Read More »

NOIDA: GNIDA is likely to extend the penalty waiver for homebuyers unable to register their flats due to developers’ outstanding dues, for another six months, in its upcoming board meeting. Introduced in July 2024 for a six-month period, the waiver has already benefited over 6,500 homebuyers, each receiving a waiver of penalties ranging from Rs …

Greater Noida development body may extend penalty waiver for delays in flats’ registries, – Homevior Read More »

NEW DELHI: Ambuja Neotia Group plans to invest over Rs 15,000 crore in West Bengal over the next five years. The investments will span across healthcare, hospitality, tourism, residential and commercial real estate, and golf-themed township. Harshavardhan Neotia, chairman of the company made the announcement during the eighth Bengal Global Business Summit held in Kolkata. …

Ambuja Neotia Group to invest over Rs 15,000 crore in West Bengal in next five years, – Homevior Read More »

Food delivery company Zomato is in advanced discussions to lease about 1 million sq ft in Gurugram with an option to add another 1 million sq ft, in one of the largest office space transactions in the country, two people aware of the development said. Zomato, which currently occupies more than 300,000 sq ft of …

Zomato looking to lease up to two million sq ft in Gurugram, , – Homevior Read More »

Representative Image In one of the rare sale and leaseback transactions involving an office property in India, global business process management company WNS Global Services has sold its office spread over 170,000 sq ft in Pune and leased it back for five years. The company has sold the office spanning across five floors in Magarpatta …

WNS Global sells 1.7 lakh sq ft office in Pune, leases it back for five years, – Homevior Read More »