GURUGRAM: The H-Rera conducted a meeting on the stalled OSB Expressway Towers project in Sector 109 with homebuyers on Friday and issued a final warning, stating if the project was not completed within six months, the regulator would invoke Section 8 of the Rera Act. This would transfer control to the buyers’ association and potentially …
File Photo NEW DELHI: Nearly 15 months after Central Bureau of Investigation sought a copy of Delhi Development Authority’s internal vigilance inquiry in connection with lapses in construction of 336 multi-storeyed HIG/MIG houses at Signature View Apartment, Delhi High Court has asked for a status report. The court asked the land-owning agency for an update …
Delhi High Court Seeks Update on Signature View Apartment Investigation, – Homevior Read More »
MUMBAI: Bombay High Court has directed a showcause notice be issued for contempt of court to the managing director of a construction company after the Slum Rehabilitation Authority (SRA) said its claim of depositing Rs 6 crore with it, towards arrears of rent, was false. In fact, two out of its three cheques issued in …
NEW DELHI: Suraksha Group has infused Rs 250 crore in Jaypee Infratech after acquiring it through insolvency process and has also arranged a Rs 3,000 crore loan facility, as it gears up to complete around 20,000 unfinished flats in Delhi NCR. Around Rs 1,000 crore cash is lying in the balance sheet of the Jaypee …
Suraksha Group infuses Rs 250 crore in Jaypee Infratech, , – Homevior Read More »
HONG KONG: China’s Longfor Group , one of few private property developers to avoid default during the sector’s debt crisis, said on Friday it would further lower its short-term debt by making early repayments this year. Beijing-based Longfor has fared better than many industry peers during the crisis because of its focus on larger cities, …
China’s Longfor Group plans further debt reductions this year, – Homevior Read More »
Representative image GHAZIABAD: Developed in the early 2000s, Raj Nagar Extension was sold to homebuyers as a rapidly transforming township that will have high-speed access to the capital via the Delhi-Meerut Expressway. Today, those living in the area aren’t worried about inter-city connectivity. It’s the basics that they demand. From no water supply to bumpy …
Challenges Faced by Residents in Raj Nagar Extension, , – Homevior Read More »
File photo Commonwealth Bank of Australia, the country’s biggest lender, cut interest rates for some of its home loan products for new customers on Friday, stoking fears of spurring intense competition in the local mortgage market. CBA shares, which fell as much as 0.5% earlier in the day, reversed losses and ended 0.3% higher. CBA …
Australia’s CBA cuts interest rates on some home loans for new borrowers, – Homevior Read More »
Representative image PUNE: The count of property owners availing tax discounts for implementing rainwater harvesting has surged nearly ten times over the past decade. However, overall adoption of rainwater harvesting practices remains less. According to civic data, only 306 properties availed tax benefits (just for rainwater harvesting) in 2012-2013. The number rose to 3,716 in …
Coming down heavily on Yamuna Expressway Industrial Development Authority (YEIDA) for turning a blind eye towards homebuyers, the Supreme Court on Friday asked it to file an affidavit indicating the monetary and other concessions it gave to them and also inform what steps it had taken to protect their interests during the subsistence of the …
Representative image U.S. existing home sales rose more than expected in July, reversing four consecutive monthly declines, as improving supply and declining mortgage rates offered hope that activity could rebound in the months ahead. Home sales rose 1.3% last month to a seasonally adjusted annual rate of 3.95 million units, the National Association of Realtors …
Existing home sales in USA rise 1.3% in July 2024, – Homevior Read More »
