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Delhi Jal Board to Assess 7,000 Rainwater Harvesting Systems in New Delhi, – Homevior

NEW DELHI: Delhi Jal Board (DJB) is set to look into the functionality of rainwater harvesting (RWH) systems installed in over 7,000 buildings across the city. DJB will also assess the compliance of house owners with regard to these systems and is expected to submit a report to the govt by the end of the …

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DTCP directs Ireo Victory Valley RWA to allow EWS families access to flats, – Homevior

GURUGRAM: The enforcement wing of the department of town and country planning (DTCP) on Friday issued a notice to the RWA of Ireo Victory Valley residential society in Sector 67 for allegedly denying EWS flat owners access to their own homes or basic amenities. In a recent grievance hearing, chaired by deputy commissioner Nishant Yadav, …

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Golden Growth Fund to raise Rs 400 crore to buy land in South Delhi, – Homevior

NEW DELHI: Golden Growth Fund (GGF), a category-II alternative investment fund, is looking to raise Rs 400 crore to deploy it in land acquisition in South Delhi and develop luxury floors. It has closed the first round of fundraising and also acquired a land parcel in South Delhi’s upscale Anand Niketan residential colony. Since Delhi …

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Uttar Pradesh RERA puts 400 projects in ‘abeyance’, , – Homevior

NEW DELHI: Uttar Pradesh real estate regulatory authority (UP-RERA) reviewed projects whose maps or land documents have not been uploaded on its portal despite repeated notices and was decided that these projects should be classified in the category of ‘projects in abeyance’. Sanjay Bhoosreddy, chairman, UP-RERA, said, “the promoters only mention the RERA registration number …

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Himachal Pradesh CM inaugurates Swamitva Yojana, distributes property cards to beneficiaries, – Homevior

File Photo HAMIRPUR: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday inaugurated the Swamitva Yojana here and distributed property cards under the scheme. The initiative of the Revenue Department aims to provide rightful ownership cards to villagers occupying land in Abadi Deh areas (inhabited areas). The chief minister distributed property cards to 10 families …

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Triveda Capital raises Rs 80 crore in first round of realty fund, – Homevior

BENGALURU: Triveda Capital, a Sebi-registered alternative investment fund (AIF) which aims to raise ₹250 crore, has reached a first-close of ₹80 crore, said Ravindra Pai, managing director of Century Real Estate Holdings and partner at the newly launched fund. The investment was led by Ranjan Pai, chairman of the Manipal Education and Medical Group. The …

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DLF files FIR against ex-CFO for Rs 311 crore blackmail, extortion, – Homevior

NEW DELHI: DLF has filed an FIR against its former CFO and MD of rental arm, Ramesh Sanka, accusing him of blackmailing the company to agree to his terms on a deal to extort ₹311 crore, and threatening to misuse and leak confidential data allegedly stolen during his decade-long association with the country’s biggest property …

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China Evergrande onshore unit’s administrator seeks details from creditors ahead of November 14 meeting, – Homevior

File photo HONG KONG: The administrator of a major Evergrande onshore unit has asked creditors to provide details about the debt the embattled property developer owes to them ahead of the first creditor meeting to be held on Nov. 14, official filings showed. The Guangzhou Intermediate People’s Court ruled last week that Evergrande unit Guangzhou …

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Home prices in Seoul rise at fastest pace in more than four years, – Homevior

Representative image SEOUL: South Korea’s home prices rose at a faster pace in July, as prices in the capital Seoul jumped by the most in more than four years, data showed on Friday, amid growing concerns about financial stability risk stemming from a bullish housing market. The house transaction price index rose 0.15% in July, …

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Mahim building to finally get OC after 27 years with Mhada NOC; HC orders inquiry, – Homevior

File Photo MUMBAI: After over 27 years, the commercial portion of a building near Mahim (West) station will receive an occupation certificate (OC). Bombay High Court has directed Maharashtra Housing and Area Development Authority (Mhada) to “immediately and unconditionally” issue a no-objection certificate (NOC) for BMC to issue the OC. Justices Mahesh Sonak and Kamal …

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