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Representative image Bank of Baroda, one of the lender in Supertech Group has approved and sanctioned the resolution plan for company’s Dehradun project paving way for delivery of over 600 homebuyers. The company had submitted a project-wise resolution plan in National Company Law Appellate Tribunal (NCLAT) and this is the first project which has got …

Bank of Baroda approves resolution plan of Supertech’s Dehradun project, – Homevior Read More »

Representative image NEW DELHI: The Rs 6,560-crore initial public offer of Bajaj Housing Finance Ltd received 63.60 times subscription on Wednesday, the last day of bidding, amid overwhelming participation from institutional buyers. The initial share sale got bids for 46,27,48,43,832 shares against 72,75,75,756 shares on offer, according to NSE data. The Qualified Institutional Buyers (QIBs) …

Bajaj Housing Finance IPO gets 63.60 times subscription on third day, – Homevior Read More »

Representative image GHAZIABAD: Affordable housing in the city might be a distant dream for the urban middle class already. With property prices already soaring to unprecedented levels, a 15% rise in the circle rates, which comes into effect from Wednesday, is set to push Ghaziabad’s housing market even further beyond the reach of average homebuyers. …

Houses To Get Costlier In Ghaziabad As Circle Rates Hiked By Up To 15%, – Homevior Read More »

Representative image SYDNEY: Australian property listing firm REA Group said on Wednesday that Britain’s largest real estate portal Rightmove had rejected its 5.6 billion pounds ($7.32 billion) cash-and-stock takeover offer. REA, which is 62% owned by Rupert Murdoch’s News Corp , did not cite any reason for the offer’s rejection by Rightmove. REA shares dropped …

Britain’s Rightmove rejects $7.3 billion takeover offer from REA Group, – Homevior Read More »

Representative image NEW DELHI: Prime Minister Narendra Modi will release the first installments of PM Awas Yojana to lakhs of beneficiaries in rural areas and ‘griha pravesh’ of 26 lakh beneficiaries will be held on September 15 in Jamshedpur, Rural Development Minister Shivraj Singh Chouhan announced on Tuesday. Addressing an online meeting with rural development …

PM to release first installment to PMAY beneficiaries in Jharkhand on September 15, – Homevior Read More »

Representative image SHIMLA: Himachal Pradesh Urban Development Authority (HIMUDA) on Monday approved key developmental projects for the state in its 54th board meeting, presided by Town and Country Planning Minister Rajesh Dharmani. During the meeting, he highlighted HIMUDA’s ongoing efforts to introduce new schemes across various sectors and urged officials to work with dedication for …

Himachal Pradesh development body approves construction of houses, other projects, – Homevior Read More »

Representative image AHMEDABAD: The civic body is set to overhaul the way it manages transferable development rights (TDR) by adopting blockchain technology. Traditionally, the AMC has relied on manual processes, including the issuance of development rights certificates (DRCs), approval of transfer forms, and the physical debiting and crediting of TDR. However, the manual system was …

AMC Revolutionizes TDR Management with Blockchain Technology, – Homevior Read More »

Representativwe image Analjit Singh’s family office has repaid debts worth ₹5,500-6,000 crore taken from KKR & Co about a decade ago for making investments in property and hospitality ventures, said people aware of the matter. Singh, promoter of Max India, had obtained the loans to fund fresh investments, aimed at diversifying the family’s pool of …

Max India’s promoter clears Rs 5,500-6,000 crore KKR debt, – Homevior Read More »

Representative image AHMEDABAD: The property tax department of the Ahmedabad Municipal Corporation (AMC) decided on Tuesday to take possession of the Highland building located on CG Road in the Navrangpura ward. The building had an outstanding property tax of Rs 1.84 crore. On Tuesday, the department stated in a press note that the property tax …

Amc Takes Over Highland Building On Cg Road, , – Homevior Read More »

Representative image GANDHINAGAR: Gujarat has achieved a milestone in the construction of houses under the Pradhan Mantri Awas Yojna. A total of more than 14 lakh houses have been constructed in 9 years under Pradhan Mantri Awas Yojana in Gujarat, this includes over 8.68 lakh housing units in the state under Pradhan Mantri Awas Yojana …

Over 14 lakh houses built under PMAY in Gujarat in nine years, – Homevior Read More »