Trending

Blackstone sells 3,000 homes to Britain’s Universities Superannuation Scheme, – Homevior

Representative Image LONDON: Private equity giant Blackstone announced on Tuesday it had sold 3,000 shared-ownership homes to Britain’s biggest private pension fund, in a sign of growing dealmaking by big money managers in the UK housing sector. Blackstone sold the portfolio to academia pension fund, the Universities Superannuation Scheme (USS), which manages more than 75 …

Blackstone sells 3,000 homes to Britain’s Universities Superannuation Scheme, – Homevior Read More »

Puducherry CM hikes subsidy given to Kamaraj Housing scheme beneficiaries, – Homevior

Representative image PUDUCHERRY: Chief Minister N Rangasamy announced in the assembly on Tuesday that the subsidy given to beneficiaries of the Kamaraj Housing scheme has been hiked to Rs 5 lakh. While wrapping up the debate on the demands for grants to departments looked after by him, he said that the beneficiaries would also get …

Puducherry CM hikes subsidy given to Kamaraj Housing scheme beneficiaries, – Homevior Read More »

Delhi civic body will put Bhalswa Dairy colony’s demolition drive on hold till August 16, – Homevior

File photo NEW DELHI: The Municipal Corporation of Delhi (MCD) on Tuesday informed the Delhi High Court that it will not demolish any illegal structures in northwest Delhi’s Bhalswa Dairy colony till August 16, when the court is scheduled to take up a related matter. The statement was made by the MCD’s counsel when a …

Delhi civic body will put Bhalswa Dairy colony’s demolition drive on hold till August 16, – Homevior Read More »

RBI penalises Muthoot Housing Finance, Nido Home Finance, others, – Homevior

MUMBAI: The Reserve Bank of India on Monday imposed penalties on five entities, including CSB Bank, Union Bank of India and Muthoot Housing Finance for contravention of various regulatory norms. A penalty of Rs 1.86 crore has been imposed on CSB Bank for non-compliance with certain directions issued by the RBI on ‘Guidelines on Managing …

RBI penalises Muthoot Housing Finance, Nido Home Finance, others, – Homevior Read More »

RBI reviews regulations applicable to housing finance companies, – Homevior

MUMBAI: The Reserve Bank on Monday said non-banking financial companies (NBFCs) will pay 100 per cent of deposit amount within the first three months of accepting the fund, if the depositor seeks an withdrawal citing an emergency. In its review of regulations governing NBFCs, the central bank said no interest will be paid for such …

RBI reviews regulations applicable to housing finance companies, – Homevior Read More »

Max Estates receives Noida authority’s approval to overtake ‘Delhi One’ project, to pay Rs 613 crore, – Homevior

Max Estates, the property arm of the MaxGroup, has received approval from the Noida authority to overtake a commercial project in sector 16B Noida, by clearing Rs 613 crore dues of the authority. In February 2023, the National Company Law Tribunal (NCLT) approved the resolution plan of Max for the development of a commercial plot …

Max Estates receives Noida authority’s approval to overtake ‘Delhi One’ project, to pay Rs 613 crore, – Homevior Read More »

hBits launches Rs 62.97 crore fractional ownership asset in Pune, – Homevior

Representative image NEW DELHI: hBits, a fractional ownership platform, has launched its new asset – Trillion Dollar MNC in Building Number 1, Commerzone, Yerwada, Pune. The asset is worth Rs 62.97 crore and aims to offer a five-year average rental yield of 8.54%. It spans across a chargeable area of 40,000 sq ft. The rental …

hBits launches Rs 62.97 crore fractional ownership asset in Pune, – Homevior Read More »

REA India’s revenue rises 31% to Rs 563 crore in FY24, , – Homevior

Representative image NEW DELHI: Revenue of REA India — owner of Housing(dot)com and PropTiger — rose 31 per cent in the last fiscal ended June to Rs 563 crore helped by strong demand for residential properties, its CEO Dhruv Agarwala said. REA India, which is part of Australia’s publicly listed firm REA, is a full-stack …

REA India’s revenue rises 31% to Rs 563 crore in FY24, , – Homevior Read More »

NCLT approves Oberoi Constructions’ acquisition of Nirmal Lifestyle Realty, – Homevior

The National Company Law Tribunal (NCLT) has approved the resolution plan proposed by an affiliate of listed property developer Oberoi Realty to acquire real estate development firm Nirmal Lifestyle Realty. The resolution plan of Oberoi Constructions involves paying around Rs 273 crore to financial, operational, and other creditors. The company was admitted into the corporate …

NCLT approves Oberoi Constructions’ acquisition of Nirmal Lifestyle Realty, – Homevior Read More »

Scroll to Top