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Haryana RERA Orders Pareena Infrastructures to Deliver Flats to Buyers Within 30 Days, – Homevior

Representative image GURUGRAM: In a relief to buyers who were waiting for possession of their dream home units for over four years, the Haryana Real Estate Regulatory Authority (H-Rera) passed an order directing Pareena Infrastructures Private Limited to hand over the units to them within 30 days from the date of the order pronounced on …

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New home prices in China fall 0.5% month-on-month in October 2024, – Homevior

Representative image BEIJING: China’s new home prices fell for the 16th consecutive month but at a slower pace in October, official data showed on Friday, suggesting overall sentiment remains weak despite a barrage of support measures to stabilise the crisis-hit property sector. New home prices were down 0.5% month-on-month after a 0.7% dip in September, …

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Relief for Buyers as Telangana RERA Intervenes in Beccun Lifestyle Dispute, – Homevior

Representative image HYDERABAD: The Telangana Real Estate Regulatory Authority issued an interim order on Nov 11 restricting Beccun Infrastructures from creating third-party interests or engaging in transactions impacting flat buyers’ rights in its Kompally project ‘Beccun Lifestyle’. The restraining order will remain in effect until further directives are issued by TG RERA. This decision follows …

Relief for Buyers as Telangana RERA Intervenes in Beccun Lifestyle Dispute, – Homevior Read More »

Cabinet Approves Rs1L Aid for Homeless Families to Purchase Land in Bihar, – Homevior

Representative image PATNA: The state cabinet on Thursday approved a proposal requiring district administrations to provide Rs 1 lakh to each eligible homeless family to purchase homestead land from private landowners, or “ryots”. This decision comes as district administrations are facing challenges in convincing private landowners to sell their land below market rates for use …

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Patna Metro Rail Project Secures Rs115 Crore Funding for Expansion, – Homevior

Representative image PATNA: The state cabinet on Thursday approved the release of Rs 115 crore from the state plan fund to the Patna Metro Rail Corporation (PMRC) for implementing the primary corridor of the Patna Metro project. A portion of these funds will be used by the Delhi Metro Rail Corporation (DMRC) for track work, …

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Goa TCP approves Inorbit Malls India’s conversion of 23,497 sq meter of orchard land, – Homevior

Representative image PANAJI: The town and country planning (TCP) department has approved seven proposals for change of zone in the Regional Plan for Goa – 2021 and the Outline Development Plan of Calangute, Candolim Planning Area – 2025, which will affect 2 lakh sqm in Goa. The approvals give the green light for Inorbit Malls …

Goa TCP approves Inorbit Malls India’s conversion of 23,497 sq meter of orchard land, – Homevior Read More »

I-T department targets landowners for skipping capital gains tax on joint development deals, – Homevior

Representative image MUMBAI: All landowners who had cut ‘joint development’ deals with builders are under the lens for skirting tax on capital gains. The investigation wings of the Income Tax (I-T) department across the country have been told by the central direct tax body to collect information on agreements where individuals and Hindu Undivided Families …

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Blox acquires 11% stake in property brokerage firm Guardians for $12 million, – Homevior

Representative image NEW DELHI: Digital real estate platform Blox has acquired 11 per cent stake in real estate brokerage firm Guardians for USD 12 million. The company plans to increase its ownership to 50 per cent over the next three years, it said in a statement. “This acquisition solidifies Blox and Guardians as India’s largest …

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House prices in New Zealand rise 1% in October 2024: REINZ report, – Homevior

Representative image SYDNEY: House prices in New Zealand rose slightly in October, as falling interest rates inspired confidence among buyers, the Real Estate Institute of New Zealand (REINZ) said on Thursday. Seasonally adjusted median house prices rose 1% in October from the previous month, and by 0.7% on the same time last year, data from …

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Karnataka considers mandating Aadhaar ID for property registration, – Homevior

Representative image The rule requiring an Aadhaar, passport, or PAN card for property registration in the state has been well-received. Officials noted that about 60% of registrations last month used Aadhaar verification, which is encouraging. An official said, “To prevent fraudulent registrations through fake documents and identities, the Stamp and Registration Department has mandated submitting …

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