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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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ED invites defrauded Shine City investors to claim seized properties in Lucknow, – Homevior

Representative image LUCKNOW: The Directorate of Enforcement (ED), Lucknow zonal office, made substantial progress in its efforts to provide justice to defrauded Shine City Group investors. In a significant development, an order, which is the first of its type, was issued by the special judge of the special court (PMLA), Lucknow, Rahul Prakash. He issued …

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Shahid Kapoor lease out flat in Mumbai for over Rs 20 lakh per month, – Homevior

NEW DELHI: Shahid Kapoor has rented out his apartment in Three Sixty West, developed by Oberoi Realty in Worli, Mumbai, Square Yards informed in a media release. The property spans 5,395 sq ft of carpet area with three dedicated car parking spaces. The apartment, originally purchased in May 2024 for Rs. 58.6 crore was jointly …

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Pune’s Property Tax Recovery Hit by Poll Code, Projected Revenue Loss Fears, – Homevior

Representative image PUNE: The civic body is likely tosuffer a sizable shortfall in revenue from property tax owing to the poll code and restriction on tax recovery from the merged areas. Property tax revenue is the highest source of incomefor Pune Municipal Corporation (PMC). The civic administration had set a target of Rs2,600 crore from …

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Mumbai Estate Agent Arrested for Plot Reservation Fraud to Benefit Businessman, – Homevior

Representative image MUMBAI: An estate agent who allegedly changed the reservation of a plot in the suburbs and facilitated a businessman and his wife to develop it was arrested by the Mumbai police. The crime branch arrested the agent, Narshim Puttawallu (50), a resident of Charkop in Malad. Earlier, the Goregaon police had arrested Rupa …

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House prices in UK rise at fastest pace in over two years: RICS, – Homevior

Representative image British house prices rose in October at the fastest pace in more than two years, according to a survey that on Thursday that mostly reflected sentiment before finance minister Rachel Reeves published her budget at the end of the month. The Royal Institution of Chartered Surveyors said its house price balance rose to …

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Thanal Housing Project Set to Transform Lives of Disabled Residents and Fishermen in Thiruvananthapuram, – Homevior

Representative image THIRUVANANTHAPURAM: City corporation is set to commence construction of a residential complex at Priyadarshini Nagar to accommodate the families of Vikalanga Colony at Muttathara as part of the Thanal housing project. This project marks a significant step toward improving housing for disabled community members who have been residing in the Vikalanga Colony for …

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SEBI eases lock-in rules for InvITs and REITs under employee benefit schemes, – Homevior

Representative image Markets regulator Sebi on Wednesday exempted InvITs and REITs from specific lock-in and allotment restrictions when issuing units to an employee benefit trust under unit-based employee benefit (UBEB) schemes. This will facilitate easier acquisition and distribution of units to employees. “In order to promote ease of doing business and to facilitate the acquisition …

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