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Bajaj Housing Finance raises Rs 1,758 crore from anchor investors, – Homevior

Representative image NEW DELHI: Bajaj Housing Finance on Friday said it has collected Rs 1,758 crore from anchor investors, days before its initial share-sale opening for public subscription. Government of Singapore, Abu Dhabi Investment Authority, Fidelity, Morgan Stanley, Nomura, Goldman Sachs, JP Morgan India Investment Trust Plc, SBI Life Insurance Company, ICICI Prudential Life Insurance …

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Noida authority seals Grand Omaxe society over Rs 457 crore dues, – Homevior

File photo NOIDA: Noida Authority sealed Omaxe Buildhome’s Grand Omaxe housing society in Sector 93B over non-payment of Rs 457.8 crore dues on Friday. The developer failed to deposit the mandated 25% of recalculated dues, around Rs 114.4 crore, after the Covid zero-period reduction, upfront even after opting in for the relief package. Noida Authority …

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Goa government hikes minimum land price by 130% in Bardez and Pernem, – Homevior

Representative image PANAJI: Those planning to buy properties in Goa’s fastest growing talukas, Bardez and Pernem, will now have to pay more as the state cabinet on Thursday approved the increase in the minimum land price in these two talukas by almost 130%. Govt’s decision is likely to raise land prices in other talukas as …

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House prices in UK rise 4.3% in August 2024: Halifax- Homevior

House prices increased by 4.3% in August, the biggest annual gain since November 2022 – shortly after the economic agenda of former Prime Minister Liz Truss triggered a financial crisis and a spike in mortgage rates. Source Homevior.in

Industrialists of Pimpri Chinchwad object to conversion of industrial to residential plots, – Homevior

Representative image PUNE: Members of the Pimpri Chinchwad Chamber of Industries, Commerce, Services and Agriculture have written to Chief Minister Eknath Shinde, objecting to conversion of industrial properties to residential ones in their zone over the last few years. Members of the organisation of industrialists from the twin cities claim such conversion is allowing developers …

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Mumbai, Delhi are least affordable for residential investment in 2024: Magicbricks, – Homevior

Representative image NEW DELHI: Chennai, Ahmedabad and Kolkata are among the most affordable cities for investment in the housing segment, while the Mumbai Metropolitan Region and Delhi emerged as the least affordable, according to Magicbricks. In its latest report, ‘Housing Affordability in Major Indian Cities’, proptech firm Magicbricks said the property price to annual household …

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Delhi development body to hand over flat documents in ‘customised’ folders, – Homevior

Representative image NEW DELHI: Delhi Development Authority (DDA) has started to hand over the documents of flats to buyers in a customised folder containing all relevant papers following the direction of Lieutenant Governor VK Saxena, an official statement said on Thursday. The DDA flat buyers, who would till now only get a piece of loose …

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Nila Spaces raises concern over delays, transparency issues in IL&FS property auction, – Homevior

Representative image Realty developer Nila Spaces, one of the bidders of Infrastructure Leasing & Financial Services’ (IL&FS) commercial properties spread over 344,000 sq ft in an office tower GIFT TWO in Gujarat International Finance Tec-City (GIFT City) has raised concerns over transparency in the auction process and the delay to conclude the same. The non-banking …

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Noida authority to seal unsold flats in three projects over unpaid dues, – Homevior

Representative image NOIDA: Announcing a crackdown on developers after giving them a long rope to reschedule their dues under UP govt’s relief package announced on the basis of Amitabh Kant committee’s recommendations, Noida Authority on Thursday said it will seal unsold flats and vacant land at three projects – Grand Omaxe (Omaxe Buildhome) in Sector …

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CREDAI Bengaluru urges government to implement reforms in real estate development, – Homevior

Representative Image Confederation of Real Estate Developers Association of India (CREDAI) Bengaluru has presented a memorandum to the government to implement several reforms that would help streamline the real estate development process in the Bengaluru region. These amendments aim to address the challenges faced by developers and improve the overall efficiency and sustainability of the …

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