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MMRDA tells HDIL to hand over 1,400 flats in Kurla buildings, Rs 35 crore in rent arrears, – Homevior

MUMBAI: MMRDA has sought eviction of illegal occupants of 1,336 tenements in two buildings in Kurla meant for transit accommodation for slumdwellers on airport land. The notices were issued to the resolution professional of HDIL, a developer from the city facing insolvency proceedings, to hand over the 1,336 residential units and 50 commercial units in …

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WSB Real Estate raises Rs 700 crore for mid-income, affordable housing investments, – Homevior

Alternative investment platform WSB Real Estate Partners has raised over Rs 700 crore through its real estate debt fund to invest across mid-income and affordable housing projects within tier I cities and select tier II Indian cities. This is the first close of its recently launched fourth SEBI registered Category II Alternative Investment Fund (AIF) …

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SC upholds order for refund of amount to buyers by Parsvnath Developers for delayed possession of flat, – Homevior

File Photo NEW DELHI: The Supreme Court on Monday upheld an order of the National Consumer Disputes Redressal Commission (NCDRC) directing a developer to refund the entire amount paid by the home buyers for delayed possession of their flat. A bench of Justices B R Gavai and Sandeep Mehta enhanced the rate of interest from …

SC upholds order for refund of amount to buyers by Parsvnath Developers for delayed possession of flat, – Homevior Read More »

Country Garden liquidation hearing adjourned to January next year, court says, – Homevior

File Photo HONG KONG: A Hong Kong court on Monday adjourned a hearing into a petition seeking liquidation of Country Garden until Jan. 20, 2025, giving a breather to the embattled Chinese developer which is trying to finalise an offshore debt revamp plan. Ever Credit Limited, a unit of Hong Kong-listed Kingboard Holdings, filed the …

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SC seeks information on affordable home projects allowed in Haryana in 10 years, – Homevior

File Photo GURUGRAM: The Supreme Court has asked Haryana govt to furnish details of affordable housing projects for which it issued licences in past 10 years. The court was hearing petitions filed by buyers who have invested around Rs 160 crore in Mahira Homes in Sector 103 – a project that has been stalled for …

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L&T Realty, Valor Estate to jointly develop Rs 20,000 crore project in Mumbai, – Homevior

L&T Realty, the property development arm of Larsen & Toubro, has entered into a binding agreement with Valor Estate, earlier known as DB Realty, to jointly develop a more than Rs 20,000-crore project on a 10-acre land parcel in Mumbai’s Bandra-Kurla Complex (BKC), said people aware of the development. Both companies are planning to build …

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Ashwin Seth Group aims to touch Rs 3,000 crore revenue in FY25, – Homevior

NEW DELHI: Ashwin Seth Group hopes to reach Rs 3,000 revenue in the financial year 2024-25. It had registered Rs 1,500 crore revenue in the financial year ended March 2024 and Rs 500 crore in FY23, informed Ashwin Sheth, chairman and managing director of the company. It achieved sales revenue of Rs 1,486 crore in …

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Goa urban development minister, – Homevior

Representative Image PANAJI: Urban development minister Vishwajit Rane said that the GIS-based (geographic information system) survey of properties in four urban local bodies; Bicholim, Mapusa, Pernem and Valpoi has been completed by the department. Rane said that Kolbro Group pvt ltd, the agency appointed by govt, is currently conducting GIS-based mapping for the Corporation of …

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