Representative Image NEW DELHI: The Delhi High Court on Tuesday issued notice to a real estate firm on pleas by former India cricketer Yuvraj Singh seeking invocation of arbitration laws over alleged violation of his privacy rights in promotion of construction projects and for delayed delivery of a dwelling unit to him in the national …
Representative Image HYDERABAD: While welcoming the merger of Secunderabad Cantonment’s civilian areas with GHMC, residents say that certain revisions in the modalities has left them apprehensive. Their key concerns: split in authority over infrastructure permissions and inadequate funds. They are also worried about certain roads being closed again. In its communication on Jan 4, 2023, …
Infrastructure and Funding Worries for Hyderabad Residents, – Homevior Read More »
Representative Image BENGALURU: Samsung Research and Development Institute India-Bangalore (SRI-B) has renewed its lease for 420,000 square feet of office space in Bengaluru with Bagmane Developers for a duration of five years. The lease, which started in June this year, includes a lock-in period until April 2027. According to a lease renewal deed shared by …
Samsung R&D Institute-Bangalore renews office lease for five years, – Homevior Read More »
Representative Image GURUGRAM: The transfer of Mayfield Gardens to MCG has faced yet another obstacle as the developer has declined to sign the documents, saying it will transfer only 291 acres of the 327 acres of land. On Friday, an MCG team had gone to the residential colony to complete documentation for the handover. According …
Land Row Delays Handover of Mayfield Gardens to MCG, – Homevior Read More »
BENGALURU: The BBMP’s initiative to boost revenue through the ‘One Time Settlement’ (OTS) aimed at recovering unpaid taxes has received a tepid response. As the deadline of July 31 approaches, the civic authority has managed to collect Rs 463.03 crore, leaving Rs 624.88 crore still outstanding. According to the data, BBMP officials have successfully collected …
Bengaluru civic body collects just Rs 463 crore property tax through OTS, – Homevior Read More »
BENGALURU: Chinese property developer Guangzhou R&F Properties said on Tuesday that its unit has received a winding-up petition on Monday from Seatown Private Credit Master Fund regarding a non-repayment of a loan. The petition on Trillion Glory, the unit in question, was filed by the Singapore-based private equity fund, which holds a 18% interest in …
China’s Guangzhou R&F Properties receives winding-up petition, – Homevior Read More »
Representative Image HDFC Capital Advisors is betting big on affordable and mid-income housing with plans to invest more than $2 billion in this segment across India’s top property markets by the end of 2025 to support easing of supply side constraints, said a top company executive. The world’s largest affordable housing platform that counts Abu …
HDFC Capital to invest $2 billion in affordable housing segment by 2025 end, – Homevior Read More »
File Photo MUMBAI: The Bombay High Court on Monday refused to grant any relief from demolition to 41 buildings in Vasai in Palghar district after observing that they are “wholly illegal and unauthorized” and constructed on land reserved for a sewage treatment plant and dumping ground. A division bench of Justices M S Sonak and …
Bombay HC refuses to grant relief to 41 Vasai buildings facing demolition, – Homevior Read More »
Representative Image MANGALURU: The Mangaluru City Corporation (MCC) will soon appoint a consultant for the proposed 3D digital twin drone survey to be conducted in the city. The purpose of the drone survey is to create a comprehensive databank of the city that will assist the revenue, engineering, health, town planning, and other wings of …
Representative Image MUMBAI: Former Citigroup CEO Vikram Pandit is set to exit the real estate financing business established by veteran dealmaker Nimesh Kampani. INH Mauritius, an investment fund managed by Pandit, will sell 49% in JM Financial Credit Solutions (JMFCS) – the realty financing business – to Kampani’s JM Financial in a deal valued at …
