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Representative image NOIDA: The Allahabad high court has stayed an order by Noida Authority denying permission to Satya Homes Pvt Ltd and others to carry out construction on land they purchased in Sector 161. The court said the Authority must provide solid and legally sound reasons to reject building permits. The petitioners had purchased 9,571sqm …

High Court Overturns Noida Authority’s Construction Ban in Sector 161, – Homevior Read More »

File Photo MUMBAI: The Economic Offences Wing (EOW) of Mumbai Police has closed the second cheating case filed against three directors of Nirmal Lifestyle: Dharmesh Jain, Rajeev Jain, and Puja Jain. This decision came after they refunded the money to the 12 investors of the Nirmal Lifestyle Home Buyers Redressal Association and filed consent terms. …

Economic Offences Wing Closes Cheating Case Against Nirmal Lifestyle Directors After Investor Settlements, – Homevior Read More »

NOIDA: Over the past nine days of Navratri, the stamp and registration department registered 303 flats and collected Rs 103 crore stamp duty. The number of registrations is nearly three times of what is done on usual days. Assistant inspector general registration (I) BS Verma said, “Usually, we register 10-20 flats daily. However, we registered …

300 Flats Registered in Noida During Navratri, Threefold Increase in Transactions, – Homevior Read More »

Representative Image MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) expects to generate Rs 656 crore by leasing three prime plots in Bandra-Kurla Complex (BKC) for key infrastructure developments, including a clubhouse with sports facilities, a hospital, and an educational institution. These plots are being offered on an 80-year lease, and bids must be submitted …

MMRDA to Generate ₹656 Crore by Leasing Prime BKC Plots for Key Infrastructure Projects, – Homevior Read More »

PANAJI: Goa police on Saturday decided to launch a drive on Oct 15 to prosecute landlords for unverified tenants. Goa police verified the credentials of over 20,000 tenants and house helpers for the safety and security of the citizens from Oct 1 to 9. So far, they verified the credentials of 70,000 people. Director general …

Goa police to continue verification drive, prosecute renters over unverified tenants, – Homevior Read More »

MUMBAI: Observing that the demand for additional charges for maintenance and a huge amount for society registration without forming the society or providing the agreed services amounts to unfair trade practices, the state consumer commission ordered a builder to pay a Navi Mumbai family compensation of Rs 2.75 lakh. “The complainants provided evidence through their …

Mumbai Builder Ordered to Pay Rs 2.75 Lakh for Defective Flat Services, – Homevior Read More »

Representative image ULHASNAGAR: The state govt has initiated the process to regularise illegal constructions in Ulhasnagar and issued a format that the local special development officer must implement and provide to owners of such properties. Ahead of Lok Sabha elections early this year, the state had also reduced the penalty imposed for legalising constructions in …

State Government Unveils New Property Card Format, – Homevior Read More »

Representative image BEIJING: China’s top banks will lower interest rates on existing mortgages from October 25, state media said Saturday, after Beijing’s central bank requested the adjustment to reduce pressure on homeowners. The move comes as Finance Minister Lan Fo’an is expected to announce further fiscal stimulus at a highly anticipated press conference in Beijing …

China banks to lower interest rates on existing mortgages from October 25, – Homevior Read More »

Representaitve imahe LUCKNOW: In a setback to property owners who habitually settle their dues after the stipulated deadline, the Uttar Pradesh government’s estate department has announced that they will now have to pay more. Issuing a fresh set of directives on Thursday, the department stated that an annual interest rate will be imposed on defaulters …

Uttar Pradesh Estate Department Implements Tough New Measures for Property Payment Defaulters, – Homevior Read More »

Representative image NOIDA: The govt-appointed board of directors at Unitech Group has issued a warning to homebuyers defaulting on payment of dues raised by the company, threatening to halt construction of their flats and even cancel allotments in extreme cases. The notice comes at a time when construction work has resumed on a number of …

Pay Dues or Risk Construction Halt and Allotment Cancellation, – Homevior Read More »