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Sebi to auction 15 properties of five companies on November 19, – Homevior

Representative image Capital markets regulator Sebi on Monday said it will auction 15 properties belonging to Mangalam Agro Products, Sumangal Industries and Falkon Industries India on November 19. The move is part of Sebi’s efforts to recover money collected by these companies from investors in violation of norms. Ravi Kiran Realty India and Purusattam Infotech …

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Homebuyers in Karnataka urges completion of housing act amendments, – Homevior

Representative image In February, Deputy Chief Minister DK Shivakumar announced that the state government has been working on a new uniform law for the benefit of home buyers, especially those who bought flats at residential apartment complexes. This announcement delighted lakhs of homebuyers, but eight months later, the government is yet to come out with …

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Bhaane Retail buys South Mumbai’s Rhythm House through insolvency auction, – Homevior

File photo Rhythm House, the iconic music store in South Mumbai’s cultural and heritage precinct Kala Ghoda, has found a new owner. Bhaane Retail, a subsidiary of Shahi Exports, India’s largest apparel manufacturer, has emerged as the highest bidder for the property in an insolvency auction with a Rs 30-crore offer. A cultural landmark since …

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Karnataka HC upholds BDA’s right to reject auction bids without explanation, – Homevior

File photo The Karnataka High Court has upheld the Bangalore Development Authority’s (BDA) power to accept or reject bids in site auctions without providing reasons. A division bench consisting of Justice Anu Sivaraman and Justice G Basavaraja concluded that the BDA’s decision was lawful, aligning with the public interest and benefiting the general public. The …

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Navi Mumbai police file case against four for cheating interior designer in land deal, – Homevior

Representative image THANE: Police in Navi Mumbai have registered a case against four persons for allegedly cheating a Mumbai-based woman interior designer of more than Rs 68 lakh under the pretext of selling a piece of land to her, an official said on Wednesday. The case was filed on Monday at Nerul police station, he …

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Majority of Jains Westminster apartments owners agree for redevelopment, – Homevior

File photo CHENNAI: Owners of Jains Westminster Apartments, Chennai, has informed the Madras high court that a majority of them have decided in favour of redeveloping the property instead of reconstructing it. While reconstruction means rebuilding a structure exactly as it is, redevelopment implies construction of a new structure with a completely new plan and …

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Auda Initiates Refunds for Excess Fees Under Bopal Town Planning Schemes, – Homevior

Representative image AHMEDABAD: The Ahmedabad Urban Development Authority (Auda) has started issuing refunds to developers and property owners on various town planning schemes in Bopal from whom it had collected excess charges. These charges were levied in cases where Auda could not deduct the entire 40% land as mandated under the Town Planning Act. The …

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Godrej Projects Ordered to Refund ₹4 Crore to Homebuyers for Delayed Amenities, – Homevior

Representative image NEW DELHI | GURUGRAM: Country’s apex consumer commission, NCDRC, has ordered realty major Godrej Projects to refund over Rs 4 crore to homebuyers in five separate cases for its failure to deliver its promises, which included a 24-metre-wide road and other essential amenities even seven years after making bookings. The homebuyers had booked …

Godrej Projects Ordered to Refund ₹4 Crore to Homebuyers for Delayed Amenities, – Homevior Read More »

Godrej Projects Ordered to Refund ₹4 Crore to Homebuyers for Delayed Amenities, – Homevior

Representative image NEW DELHI | GURUGRAM: Country’s apex consumer commission, NCDRC, has ordered realty major Godrej Projects to refund over Rs 4 crore to homebuyers in five separate cases for its failure to deliver its promises, which included a 24-metre-wide road and other essential amenities even seven years after making bookings. The homebuyers had booked …

Godrej Projects Ordered to Refund ₹4 Crore to Homebuyers for Delayed Amenities, – Homevior Read More »

BBMP’s e-khata pilot sees only 8.6% success in Bengaluru’s east zone, – Homevior

Represeenttive imave BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) may have recently launched its e-khata system with much fanfare, but its pilot launched two years ago in East zone has had only 8.6% — or 30,000 — of the 3.5 lakh property owners availing the certificate. Introduced on a pilot basis in 2022, the e-khata initiative …

BBMP’s e-khata pilot sees only 8.6% success in Bengaluru’s east zone, – Homevior Read More »

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