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Maharashtra government to revise proposal for vertical property cards, – Homevior

Representative image PUNE: The state govt is set to deliberate on a revised proposal for issuing vertical property cards to flat owners, revenue officials said on Tuesday. The initiative focuses on documenting the vertical expansion in urban and rural areas. The proposed card will serve as a comprehensive document containing crucial details such as ownership …

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Sebi orders forensic audit of TARC’s financial statements, , – Homevior

Representative image MUMBAI: Shares of Delhi-based property developer TARC tumbled 10% on Tuesday after market regulator Sebi ordered a forensic audit of the financial statements of the company between financial years 2021 and 2023. “Sebi believes that the disclosure of financial information and business transactions of the company have been dealt with in a manner …

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SC asks Greater Noida authority to submit a proposal for grievance redressal, – Homevior

File phoyo NEW DELHI: Considering the plight of the hassled homebuyers, the Supreme Court on Tuesday asked the Greater Noida Industrial Development Authority (GNIDA) to submit a proposal for grievance redressal and imposed Rs 5 lakh cost on it for failing to file a timely response. A bench comprising Chief Justice Sanjiv Khanna and Justice …

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House prices in UK likely to rise by 2-4% in 2025: Nationwide, – Homevior

Representative image LONDON: British house prices are expected to increase next year as borrowing costs and affordability constraints ease, despite a rise in home purchase taxes that will take effect from April, mortgage lender Nationwide said on Monday. Prices are expected to rise by 2% to 4% in 2025, Nationwide said. “Providing the economy continues …

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19 home buyers cheated of Rs 2.4 crore as builders flee with money, – Homevior

Representative image RAJKOT: At least 19 people in Junagadh lost a total of Rs 2.43 crore in a real estate investment fraud orchestrated by two people who offered them posh flats in a residential scheme and then disappeared with the money. A complaint was filed by one of the victims, Rama Gadhiya, a retired employee …

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Germany’s property sector seen improvement in 2024, – Homevior

Representative image FRANKFURT: A key indicator of the health of Germany’s property sector likely improved in 2024 and will make further gains next year, but will remain close to the weakest levels in more than a decade, underscoring the sector’s struggles, forecasts on Tuesday showed. Global real estate firm Jones Lang LaSalle (JLL) predicted that …

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Retired government official arrested in multi-crore land scam in Malad, – Homevior

Representative image MUMBAI: A retired employee of the City Survey Office has been arrested in a multi-crore land scam in Malad (west). The arrested accused, Devdas Jairam Jadhav (64), is the third to be apprehended by a special investigation team of the crime branch set up by the high court to look into the alleged …

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Retired government official arrested in multi-crore land scam in Malad, – Homevior

Representative image MUMBAI: A retired employee of the City Survey Office has been arrested in a multi-crore land scam in Malad (west). The arrested accused, Devdas Jairam Jadhav (64), is the third to be apprehended by a special investigation team of the crime branch set up by the high court to look into the alleged …

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No proposal to include additional cities in Smart Cities Mission: Centre, – Homevior

Representative image NEW DELHI: The government on Monday informed Rajya Sabha that it has, at present, no proposal under consideration to include additional cities under the ambitious Smart Cities Mission. The government was asked whether it has any plan to select and develop another 100 new cities as Smart Cities apart from those 100 Smart …

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Over 17,000 buildings lacking rainwater pits to get notices, – Homevior

Representative image HYDERABAD: The Hyderabad Metropolitan Water Supply & Sewerage Board (HMWS&SB) has decided to serve notices on over 17,000 property owners who have not built rainwater harvesting pits. If they fail to put these structures in place by Dec 31, they will have to pay double tariff for a water tanker from Jan 1, …

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