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Bengaluru Loan Firm Fined Rs 1.3L for Withholding Property Documents from Borrower, – Homevior

BENGALURU: A housing finance company that failed to return the title deed and other documents pertaining to a site to a Bengalurean, though he had repaid the loan, was recently ordered by a consumer court to give him back all the papers and also pay him over Rs 1.3 lakh as compensation. C Sathyanathan, 58, …

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Mhada housing lottery to fulfil dreams of 2,030 aspirants on October 8, – Homevior

MUMBAI: Tuesday Oct 8 will bring joy and relief to hundreds of Mumbaikars dreaming of owning a home as Mhada announces the results of its computerised housing lottery for 2,030 flats. No less than 1.3 lakh applicants are trying their luck this season. Certain houses have evoked much interest, particularly those built by private builders …

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BBMP Launches Revolutionary Online eKhata System for Hassle-Free Property Management in Bengaluru, – Homevior

BENGALURU: BBMP has unravelled its fully online, faceless, and contactless eKhata system aimed at streamlining property-related services in the city. In this new initiative, draft eKhatas of over 21 lakh properties have been digitised and property owners can download them from the civic agency’s official website BBMPeAasthi(dot)karnataka(dot)gov(dot)in. Property owners will have to upload a few …

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Discontent Among Homebuyers Over Full Stamp Duty Payment Policy in Noida, – Homevior

Representative image NOIDA: Homebuyers linked to New Era Flat Owners Association (NEFOWA) have opposed a proposal by YEIDA and GNIDA making it mandatory to pay the entire stamp duty while booking a flat. Buyers expressed concern that their money would get stuck should the builder turned a defaulter and left the project midway. Earlier, buyers …

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Piramal Capital & Housing Finance sells property in Mumbai for Rs 187 crore to Shoquba Realty, – Homevior

Representative image NEW DELHI: Piramal Capital & Housing Finance (PCHFL), a wholly-owned subsidiary of Piramal Enterprises, has sold its immoveable property comprising of land & building situated at Santacruz East, Mumbai for a total consideration of Rs 187 crore to Shoquba Realty. In a separate regulatory filing, the company also said that it has raised …

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Singapore court charges Hotel Properties owner with obstructing justice, – Homevior

Representative image SINGAPORE: A Singapore court charged a property billionaire on Friday with obstructing justice and abetting offences, over flights and luxury hotel accommodation given to a disgraced ex-transport minister jailed the previous day in a major corruption case. Ong Beng Seng, the 78-year-old owner of Hotel Properties Ltd and rights holder to the Singapore …

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Coimbatore Apartment Residents Fear Loss of Rights with New Redevelopment Rules, – Homevior

Representative imaeg COIMBATORE: The state govt’s recent notification of rules for redevelopment of old apartment complexes has gone down well with the builders, while leaving dwellers of such units wary. Builders are hopeful that the new rules under the Tamil Nadu Apartment Ownership Act, 2022, would streamline redevelopment of old buildings and simplify day-to-day functioning …

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Trichy Corporation Hosts Special Camp for New Underground Drainage Connections, – Homevior

Representative image TRICHY: Trichy corporation will conduct a special camp at Pandian Mahal on Thanjavur Main Road on Saturday for residential and commercial property owners to apply for new underground drainage (UGD) connections in the areas where phase II of the project has been completed. The local body has asked applicants to bring property tax …

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KIADB to Acquire 299 Properties for Orange Line, – Homevior

Representative image BENGALURU: The Bangalore Metro Rail Corporation Limited (BMRCL) is set to initiate the process for acquiring properties for Namma Metro’s Orange Line, linking JP Nagar 4th Phase to Kempapura. Under the first package of the project, 299 private properties have been identified for acquisition to facilitate the construction of an elevated corridor from …

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