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Represwntative image MUMBAI: In a recent judgment, the Maharashtra Real Estate Appellate Tribunal (MREAT) directed Cidco to register itself as a promoter (Town Development) before MahaRERA within 30 days for its ongoing schemes, akin to a scheme from 2017-18, for the disposal of plots. It further directed Cidco to register as a promoter (TD) before …

Cidco Required to Register as Promoter with MahaRERA for Land Plot Sales, – Homevior Read More »

Representative image NOIDA: The Noida Authority sealed three unsold shops in the Prateek Laurel society in Sector 120 on Saturday. The action was taken after the developer, Prateek Realtors India Pvt Ltd, failed to comply with a govt order on legacy stalled real estate projects. As of Dec 31, 2023, the developer owed the Authority …

Three Shops Sealed Over Unpaid Dues by Prateek Realtors, – Homevior Read More »

Representative image Realty firm Prestige Estates Projects Ltd will invest around Rs 7,000 crore to develop a township in Ghaziabad as it looks to expand business in Delhi-NCR property market. Bengaluru-based Prestige Estates is building a commercial project at Aerocity in the national capital. It has also forayed into Delhi-NCR housing market by acquiring three …

Prestige Estates to invest Rs 7,000 crore to develop township in Ghaziabad, – Homevior Read More »

NEW DELHI: Registration of properties in Pune declined 33 per cent last month to 11,056 units due to the inauspicious Shraadh period, according to Knight Frank. As many as 16,604 properties were registered in Pune during September 2023. “In September 2024, Pune recorded 11,056 property sale registrations, marking a 33% decline compared to the same …

Registrations of properties in Pune dip 33% to 11,056 units in September, – Homevior Read More »

TUTICORIN: Minister for industries T R B Rajaa on Saturday said that the Tidel Neo Park, a mini-IT park, in Tuticorin will be inaugurated by chief minister M K Stalin soon. Rajaa, along with social welfare minister P Geetha Jeevan, collector K Elambahavath, and other officials, inspected the site of the Tidel Neo Park in …

Soon-to-be-Inaugurated Mini-IT Park in Tuticorin to Boost Local Employment, – Homevior Read More »

NOIDA: The stamps and registration department organised a special camp on Saturday at Eldeco Aamantran, Sector 119, to register 81 flats, generating revenue of Rs 2.4 crore. While the developer did not opt for the UP govt’s rehabilitation scheme for stalled projects due to relatively low dues, officials said the camp was held in line …

81 Noida Homebuyers Celebrate Document Handovers, – Homevior Read More »

File Photo HYDERABAD: Chief minister A Revanth Reddy on Saturday addressed concerns regarding the Musi rejuvenation project, stating that economic terrorists are attempting to destabilize the real estate sector and the state economy by spreading fear about demolitions by HYDRAA. “As CM, I assure genuine realtors, builders, and those with building permissions that there is …

CM Revanth Reddy Vows to Protect Genuine Builders Amidst Musi Rejuvenation Project Concerns, – Homevior Read More »

MUMBAI: A recent Maharashtra Maharashtra Real Estate Appellate Tribunal (MREAT) judgment set aside a MahaRERA order and directed the ITMC developers, promoters of the Sai Sapphire project at Vikhroli, to pay interest on an amount of about Rs 94 lakh, paid by the home buyers towards part consideration of a flat. The interest has been …

MREAT sets aside MahaRERA order, rejects concessions to ITMC developers, – Homevior Read More »

Representative image BEIJING: Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data showed on Friday. Property sales by floor area in January-September fell 17.1% from a year earlier, compared with a 18.0% slump in January-August. New …

China’s property investment falls 10.1% in first nine months of 2024, – Homevior Read More »

Representstive image Real estate firm Charter Hall and pension fund Hostplus have bumped up their bid for Australia’s Hotel Property Investments, now valuing the pub landlord at A$755.8 million ($506.61 million). Charter Hall Retail REIT, managed by the property investor, and Hostplus have now sweetened the offer to A$3.85 from A$3.65 per Hotel Property share …

Charter Hall and Hostplus increases bid for Hotel Property Investments to $506 million, – Homevior Read More »