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 …
File photo NEW DELHI: The Enforcement Directorate conducted searches at multiple locations of real estate company Ramprastha Group in Gurugram on Wednesday as part of a money laundering investigation linked to alleged cheating with home buyers, official sources said. The ED case stems from a clutch of FIRs filed by the local police against the …
ED searches Ramprastha Group premises in PMLA case, , – Homevior Read More »
Representative image NEW DELHI: Interarch Building Products Ltd is investing Rs 95 crore to set up a pre-engineered building (PEB) manufacturing plant in Andhra Pradesh. Interarch is one of the leading turnkey pre-engineered steel construction solution providers in India with integrated facilities for design and engineering, manufacturing, on-site project management capabilities for the installation and …
Representative image NEW DELHI: Sales of ultra-luxury homes, costing over Rs 40 crore each, in major cities till August this year stood at 25 units with a cumulative value of Rs 2,443 crore, according to Anarock. Real estate consultant Anarock data showed that a total of 25 ultra-luxury homes were sold in Mumbai, Hyderabad, Gurugram …
Representative image India is projected to have a potential Small and Medium Real Estate Investment Trusts (SM REITs) market value exceeding $ 60 billion by 2026, with over 350 mn sq ft of ready commercial office stock. Among the top seven cities, Mumbai leads the potential SM REIT-ready completed stock with 75 mn sq ft …
India’s SM-REITs market to exceed $60 billion by 2026: Report, – Homevior Read More »
Representative image NEW DELHI: The Delhi High Court’s suo motu cognisance of the hardships faced by the residents of over 300 “old urbanised” and “declared urban” villages in getting ancestral properties transferred or “mutated” in their names has come as a shot in the arm for thousands of people living in such localities. For years, …
File photo Country Garden Holdings said on Thursday that PwC has agreed to resign as its auditor, as the property developer became the latest Chinese company to sever ties with the firm. Country Garden said in an exchange filing that it had appointed Hong Kong-based Zhonghui Anda CPA as its new auditor, at least until …
China’s Country Garden removes PwC as auditor, – Homevior Read More »
Representative image Renewable energy solutions provider Suzlon Energy has entered into a property sale and leaseback transaction for its headquarters, One Earth, in Pune as part of its non-core asset monetisation plan. The company has sold the property for Rs 440 crore to OE Business Park Pvt Ltd (OEBPPL), a special purpose vehicle, shares of …
Suzlon Energy sells its headquarters in Pune for Rs 440 crore, – Homevior Read More »
RAIPUR: The Centre has sanctioned construction of more than 8 lakh houses under the Pradhan Mantri Awas Yojna (PMAY) in rural areas of Chhattisgarh, Chief Minister Vishnu Deo Sai said on Wednesday. The CM also informed that his government, which assumed office nine months ago, has requested the Centre to approve houses under PMAY separately …
Centre approves eight lakh PMAY houses in Chhattisgarh, , – Homevior Read More »
MUMBAI: Singapore-based CapitaLand Investment Ltd (CLI), a global real asset manager, on Wednesday said the company aims to more than double its fund under management (FUM) in India by 2028 from the current level of nearly Rs 46,000 crore. In a statement, the company said it is targeting to more than double its FUM in …
CapitaLand Investment aims to double fund under management by 2028, – Homevior Read More »
