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Hostel Owners Protest Against Work-From-Home Policy in IT Belt, – Homevior

Representative image HYDERABAD: Not just managers and employers, now even hostel owners in the IT corridor want companies to do away with work-from-home and make it compulsory for employees to attend office every day. Their argument: Hostels are struggling to survive post-pandemic, given their dependence on the IT crowd. To make their voice heard, members …

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Andhra Pradesh government orders district command centers to oversee sand sales, – Homevior

Representative image VIJAYAWADA: State govt has asked the district collectors to immediately open command control centres in the districts to monitor the sand sales. Principal secretary (mines and geology) Mukesh Kumar Meena reviewed the sand stocks position with the district collectors through a videoconference on Friday. He asked the district collectors to regularly review the …

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DDA signs MoU for drone surveys to combat land encroachments, – Homevior

NEW DELHI: The Delhi Development Authority has signed a tripartite MoU with the MCD and the Survey of India (SoI) for drone surveys to combat land encroachments in the national capital, an official statement said on Friday. It will address the problem of uncertainty in the status of land belonging to various government agencies and …

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IBM renews lease for 8.3 lakh sq ft office space in Bengaluru, – Homevior

Representative image IBM has renewed its lease for about 830,000 square feet of office space in Bengaluru, entailing an annual rental of ₹143 crore, in one of the largest single transactions in the segment this year. The move will help secure the US-based technology firm’s presence in a key business market in India, said people …

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Eros Group to invest Rs 400 crore in phase-III of its project in Greater Noida, – Homevior

Representative Image Eros Group will invest Rs 400 crore in developing phase 3 of its residential project Eros Sampoornam in Greater Noida. The company has also sold inventory worth Rs 200 crore. Spread across 21,728 square meters Eros Sampoornam 3 will have 11 towers, offering a mix of lavish 2 and 3 BHK apartments. The …

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Jio Finance in advanced stages of launching home loans, , – Homevior

Representative image NEW DELHI: Jio Finance Ltd, an NBFC arm of Jio Financial Services, on Friday said it is in the advanced stages of launching home loans, which have been rolled out in Beta mode. Besides, the company is going to roll out other products like loans against property and loans on securities. While addressing …

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NDMC offers 5% rebate on property tax payments by September 30, – Homevior

Representative image NEW DELHI: The New Delhi Municipal Council (NDMC) has announced a five per cent rebate on the property tax payment on or before September 30, an official statement said on Friday. The rebate is also available on service charges of government properties, it said. “The assessment list is available on the NDMC website, …

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Homebuyers can seek refund if possession offered without amenities: NCDRC- Homevior

In order to meet the completion deadline and to avoid litigation, the builders’ entire focus is on completing the construction of the flats and to offer possession but in most of the cases they do not put in place amenities like club, gym, green area etc at the time of handing over the flats. Source …

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Decline in Home Loan Takers in Q1 FY 2025, – Homevior

Representative image AHMEDABAD: Gujarat’s real estate sector is witnessing a significant shift in dynamics, largely influenced by a prevailing liquidity crunch. According to the latest report by the State Level Bankers’ Committee (SLBC) – Gujarat, there has been a notable decline in the number of takers of housing finance. In the first quarter of FY …

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Clear Bridge Ventures acquires IT Park and two-acre land for Rs 335 crore in Mumbai, – Homevior

Representative image Venture capital and investment firm Clear Bridge Ventures has purchased an information technology (IT) park along with a nearly 2-acre land parcel it is built on in Mumbai’s western suburb Malad from Property Ventures (India) for Rs 335 crore. The seller of the IT Park 4th Dimension and the land parcel on Linking …

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