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File photo MUMBAI: Not one bid was received for the cluster redevelopment of Mhada’s prime 33-acre layout at Kala Chowkie. Mhada has now extended the deadline to submit bids a fourth time. The layout comprises 49 residential buildings for low-income groups. There are about 3,300 tenements, each about 208 sqft carpet. Mhada officials said the …

No bids for Mhada’s Kala Chowkie redevelopment, deadline extended again, – Homevior Read More »

Representative image NAGPUR: The Nagpur Municipal Corporation (NMC) recovered Rs 194.47 crore property tax as of January 29, significantly falling short of its Rs 429 crore target. This leaves a substantial balance of Rs 234.52 crore adding to the civic body’s already precarious financial position. The sluggish pace of tax recovery forced NMC to take …

Nagpur civic body to mop up Rs 235 crore property tax in 60 days, – Homevior Read More »

NEW DELHI: LIC Housing Finance has reported a growth of 22.75 per cent in its net consolidated profit during the quarter ended December 31, 2024. Its profit after tax stood at Rs 1,434.89 crore in Q3 FY25 as against Rs 1,169 crore it registered in the corresponding quarter of the previous fiscal, the company said …

LIC Housing Finance’s net profit up 22.75% in Q3 FY25, , – Homevior Read More »

Representative image MUMBAI: The Bombay High Court on Friday directed businessmen brothers Abhishek Lodha and Abhinandan Lodha to go for mediation to resolve their disputes over the use of the “Lodha” trademark. After the HC suggested to both parties earlier this week to attempt an amicable resolution, the brothers on Friday told a single bench …

Lodha brothers agree to go for mediation to resolve dispute over ‘Lodha’ trademark, – Homevior Read More »

Representative image GHAZIABAD: The Ghaziabad Municipal Corporation has adopted the state govt’s Jan 27 norms for demolishing unauthorised and illegal structures. According to the rules, property owners must receive a show-cause notice via registered post at least 15 days before any action, or within the timeframe specified by local municipal laws, whichever is longer. The …

Ghaziabad civic body to now issue 15-day notice before a demolition drive, – Homevior Read More »

Representative image PUNE: Senior officials met revenue minister Chandrakant Bawankule on Monday and said later that the state govt is contemplating a 10% increase in Ready Reckoner (RR) rate based on recommendations by all districts after their consultation with stakeholders. An official, who attended the meeting, told TOI, “Districts have proposed a 10% increase in …

Maharashtra govt likely to hike ready reckoner rates by 10% from April 1: Officials, – Homevior Read More »

Representative image KOLKATA: The demolition drive by the Kolkata Municipal Corporation (KMC) to raze the newly constructed G+5 building on Christopher Road on Thursday was thwarted by the flat owners of the building who locked themselves inside by putting locks on the entrance collapsible gate and sealing the space for windows and doors with wooden …

Flat owners block KMC’s attempt to raze building on Christopher Road, – Homevior Read More »

Representative image NASHIK: The civic body has set a Feb 28 deadline for taxpayers to register objections about various details related to their properties. There are around 5.6 lakh properties registered with the property tax department of the Nashik Municipal Corporation (NMC). The civic administration has made available a “property registry” in each of the …

Nashik civic body sets February 28 deadline for property tax objections, – Homevior Read More »

Representative image NEW DELHI: Adventz Group firm Texmaco Infrastructure and Holdings Limited has partnered with US-based realty firm Hines, HDFC Capital, and Conscient to develop a 10-acre mixed-use project on the site of the former Birla Cotton Mills in Delhi’s Kamla Nagar. All the partners will jointly develop 30 lakh square feet of housing and …

Birla Cotton Mills to be redeveloped into residential mixed-use project, – Homevior Read More »

Representative Image NEW DELHI: Panasonic Life Solutions India, a wholly-owned subsidiary of Panasonic Corporation, has acquired land parcel worth Rs 160 crore in the Saki Vihar Road, Andheri East, Mumbai, according to property registration documents reviewed by Square Yards. Anand Moorthy, co-founder and CBO, Capital Market & Services of the company said, “The recent surge …

Panasonic Life Solutions India acquires 6,586.90 sq meters land in Mumbai for Rs 160 crore, – Homevior Read More »