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 »
Representative image China is considering cutting interest rates on as much as $5.3 trillion of mortgages in two steps to lower borrowing costs for millions of families while easing the profit squeeze on its banking system. Financial regulators have proposed reducing rates on outstanding mortgages by a total of about 80 basis points (bps), part …
China plans to cut mortgage rates to shield banks, , – Homevior Read More »
File photo NEW DELHI: The Supreme Court on Tuesday said there is no embargo on Sahara Group to sell its properties for depositing around Rs 10,000 crore in SEBI-Sahara refund account for returning investors’ money. In a series of directions on August 31, 2012, the top court had directed that Sahara Group firms – SIRECL …
Representative image CHANDIGARH: The Punjab Assembly Tuesday unanimously passed a Bill, which aims to do away with the practice of NOC for the registration of properties in illegal colonies, with Chief Minister Bhagwant Mann saying it will be a major reprieve for common people. Mann tabled the Punjab Apartment and Property Regulation (Amendment) Bill, 2024 …
Punjab allows property registration in illegal colonies without NOC, – Homevior Read More »
Representative image NOIDA: The Supreme Court has tweaked its June order staying any further investigation by the Enforcement Directorate (ED) against the former directors of Hacienda Project Pvt Ltd, which developed Lotus 300 in Sector 107. The apex court observed that the stay on further probe did not prevent the central investigating agency from taking …
SC modifies its stay order on ED probe of Hacienda Project’s ex-directors, – Homevior Read More »
Representative image NEW DELHI: The Delhi Development Authority (DDA) has established a registration help desk at its head office here for its Housing Scheme 2024, according to a statement issued on Tuesday. Depending on the footfall and demand, the DDA may open similar help desks at other locations too, as an endeavour to increase its …
DDA sets up registration help desk for housing scheme 2024, – Homevior Read More »
Representative image The members of Karnataka Home Buyers Forum demanded Real Estate Regulatory Authority (RERA) Karnataka issue guidelines on the completion of housing projects on the lines of Odisha Real Estate Regulatory Authority for the benefit of home buyers in Karnataka. The members of Karnataka Home Buyers Forum met Rakesh Singh, newly appointed RERA Karnataka …
Home buyers in Karnataka want closure, stricter project completion, – Homevior Read More »
Representative image NOIDA: Noida Authority may soon write to the Economic Offences Wing (EOW) against the developers who are yet to avail of relief under UP govt’s rehabilitation package for stalled residential projects. Of the 57 projects that had defaulted on land dues, 22 have accepted the rehabilitation package, which offers a two-year zero-period relief …
Noida authority to request EOW to audit builders that didn’t take rehab deal, – Homevior Read More »
Representative image CapitaLand Integrated Commercial Trust will acquire a 50% stake in Singapore’s ION Orchard mall for an agreed property value of S$1.85 billion ($1.42 billion), the real estate investment trust said on Tuesday. As per the deal, CapitaLand Integrated will acquire an entire stake in CapitaLand Retail Singapore Investments, the entity which owns the …
Representative Image LONDON: Private equity giant Blackstone has agreed to buy an 80% stake in a European warehouse portfolio run by landlord Burstone, the latest push by the U.S. investment manager into warehouses that have boomed alongside the rise of e-commerce. The Johannesburg-listed company – formerly Investec’s property fund – has agreed to sell the …
Blackstone buys 80% stake in European logistics fund, , – Homevior Read More »
