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Representative image NEW DELHI: The initial public offer of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription. The initial share sale received bids for 13,76,23,090 shares against 2,37,75,719 shares on offer, according to data available with the NSE. The …

Arkade Developers’ IPO subscribed 5.79 times on September 16, , – Homevior Read More »

Representative image NEW DELHI: The Patiala House Court has discharged businessman Raj Singh Gehlot, promoter of the Ambience Group, in a money laundering case related to alleged bank loan fraud. This case involved loans granted by a consortium of banks for the construction of the Ambience Hotel in Shahdara, Delhi. The Enforcement Directorate (ED) had …

Patiala house court discharges Ambience Group’s promoter in PMLA case, – Homevior Read More »

Representative image GURUGRAM: The Punjab and Haryana high court has sought a response from the state govt over the construction of additional flats and floors in residential buildings in Palam Vihar’s C-2 Block in violation of the Haryana Building Code Regulations, following a petition from the local resident welfare association (RWA). Despite previous sealing by …

Building Code Violation? Hc Stalls Construction Of Flats, – Homevior Read More »

Representative image PUNE: They have now become some of the most dangerous structures in the Camp area, posing a risk to occupants and passers-by. But the Pune Cantonment Board, citizen activists said, is still dragging its feet on plans for relocation of residents, repair of these buildings and resolution of disputes between tenants and homeowners. …

Near-Collapse Buildings in Pune’s Camp Area Ignored by PCB, – Homevior Read More »

File Photo NOIDA: A bhoomi puja was held on Sunday at Unitech’s flagship Golf and Country Club project in sectors 96, 97, and 98 off Noida Expressway, where buyers invested in flats more than a decade ago. The puja marked the resumption of construction after Noida Authority approved Unitech’s revised layout earlier this year. The …

Construction Resumes at Unitech’s Golf and Country Club After Bhoomi Puja, – Homevior Read More »

MUMBAI: In 2018, Bombay high court had, on grounds of “delay and laches”, rejected pleas from several builders for compensation from the BMC in lieu of land surrendered for public amenities like roads. The high court was not right in dismissing the writ petitions on the grounds of delay and laches, held the SC bench …

Brihanmumbai civic body needs to give TDR worth Rs 500 crore: Lawyers, – Homevior Read More »

THANE: A case has been registered against a couple for allegedly cheating a builder of Rs 12 crore in a dispute over the redevelopment of a housing society in Maharashtra’s Thane district, police said on Saturday. Based on a complaint by the builder, the Kalyan police on Thursday registered a case under sections 420 (cheating), …

Couple booked for cheating builder of Rs 12 crore in Thane district, – Homevior Read More »

RANCHI Prime Minister Narendra Modi on Sunday virtually distributed sanction letters to 32,000 beneficiaries under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) and released the first instalment of Rs 32 crore for the construction of houses. He also virtually handed over keys to 46,000 beneficiaries of PMAY-G across the country. “In line with his commitment to …

PM virtually releases sanction letters to 32,000 PMAY-Gramin beneficiaries, – Homevior Read More »

Representative image NEW DELHI: Delhi Lieutenant Governor Vinai Kumar Saxena has directed DDA to keep its call centre open this Sunday and Monday in order to address public queries effectively and uninterruptedly on authority’s housing schemes, an official statement said. According to the statement, bookings for DDA’s Sasta Ghar scheme and Madhyam Vargiya scheme started …

DDA to keep call centre open on Sept 15 & 16 for housing schemes queries, – Homevior Read More »

Representative image LUCKNOW: All buildings in Lucknow that are 15 metres or higher will undergo a safety audit. This will include buildings that are more than five years old and will be audited every five years. The decision was made at the LDA board meeting on Friday. Lucknow commissioner Roshan Jacob chaired the meeting with …

All Buildings Above 15 Metres Height To Undergo Safety Audit, – Homevior Read More »