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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 »

Reprsentative image AHMEDABAD: The revenue committee of the Ahmedabad Municipal Corporation (AMC) on Wednesday deliberated on imposing a fee for transferring names on property tax records of new commercial and residential units. However, no decision was taken in this regard, said an AMC official. Previously, builders sold properties before obtaining Building Use (BU) permission, and …

Ahmedabad civic body to impose fee for transferring names on property tax records, – Homevior Read More »

File photo Maharashtra Deputy Chief Minister Eknath Shinde on Wednesday said the state government was formulating a new MHADA policy to provide affordable housing to working women, senior citizens and students. The government will also make Mumbai slum-free, he said while addressing reporters after the lottery draw for the Pune Housing and Area Development Board …

Maharashtra deputy CM, – Homevior Read More »

Representative image DHARWAD: Collection of property tax is a difficult task in local bodies, especially in gram panchayat limits as people tend to take it easy till they are compelled to pay to avail a particular document or benefit from the local body. Property tax is a major component of revenue for any local body …

Dharwad zilla panchayat launches property tax collection campaign, – Homevior Read More »

Representative image NEW DELHI: The residential real estate market is expected to register a strong performance in FY25, where the sales growth will be around 17% year-on-year in terms of area sold (sq ft of area sold) and around 15% in terms of units sold for the eight real estate clusters, according to India Ratings …

Ind-Ra, , – Homevior Read More »

Representative image The Karnataka Real Estate Regulatory Authority (K-RERA) has managed to recover only `91 crore of the `758.85 crore penalties imposed on 278 builders for violating regulations, leaving `666 crore still outstanding. According to K-RERA’s latest report, as of December 31, 2024, the authority has collected just 12% of the dues from builders, while …

Karnataka RERA recovers only Rs 91 crore of Rs 758.85 crore penalties from builders, – Homevior Read More »

Representative image JAIPUR: Using technology for better urban governance, Jaipur Development Authority (JDA) has made the GIS-based Master Plan 2025 available on its website, officials said Wednesday. Officials mentioned that with this, the public will get various types of information related to the master plan from the comfort of their homes. JDA commissioner Anandhi stated, …

Jaipur development body releases GIS-based master plan 2025, – Homevior Read More »

Representative image Global fast-food giant McDonald’s is setting up its Global Capability Centre (GCC) in Hyderabad, marking a significant addition to the city’s growing reputation as a hub for global innovation and corporate activity. The company has leased two floors spanning 2 lakh square feet at RMZ Nexity Tower 20 in the city. At a …

McDonald’s to set up its first GCC in Hyderabad, – Homevior Read More »

NEW DELHI: The Indian real estate sector anticipates transformative policy changes in the upcoming Union Budget 2025, with key stakeholders advocating for industry status, tax reforms, and enhanced financial incentives to boost investment, streamline operations, and stimulate demand across the sector. Industry status and financial reforms A long-standing demand of the real estate sector has …

Real estate sector seek industry status and fiscal reforms in Budget 2025, – Homevior Read More »