NEW DELHI:With a rise in the number of fire incidents in summer months in the national capital, power regulator DERC has proposed that residential buildings that are over 15 metres high will have to obtain a no objection certificate of the fire safety department for getting an electricity connection. The Delhi Electricity Regulatory Commission (DERC) …
File Photo MADURAI: Observing that the legitimate expectation of the people was breached since the authorities decided to construct the taluk office at the site earlier chosen to issue pattas to them in Dindigul district, Madras high court directed the authorities to identify the beneficiaries and issue free house site pattas to them. Petitioner P …
Representative Image Bollywood actor Ronit Roy has purchased a sea-view luxury apartment in Versova locality of Mumbai’s western suburb Andheri for nearly Rs 19 crore from realty developer Macrotech Developers. Roy has acquired the apartment spread over 4,259 sq ft on the 20th floor of the upcoming tower along with his wife Neelam. As part …
Ronit Roy buys apartment for Rs 19 crore in Mumbai’s Versova, – Homevior Read More »
Representative Image Priyanjali Mariwala of the consumer goods company Marico’s promoter family has purchased a luxury apartment in Mumbai’s business district Bandra-Kurla Complex (BKC) for Rs 65.25 crore. She bought this apartment spread over nearly 8,300 sq ft on the first floor of super-premium residential tower Signature Island from Starlight Systems, a part of the …
Marico’s Priyanjali Mariwala buys apartment for Rs 65 crore in Mumbai’s BKC, – Homevior Read More »
Representative Image MADRID: Spain’s government announced a crackdown on Wednesday on short-term and seasonal holiday lettings amid rising anger from locals who feel priced out of the housing market. The government will investigate listings on platforms such as Airbnb and Booking.com to verify if they have licences, consumer rights minister Pablo Bustinduy said. “If a …
Spain to crack down on holiday rentals to address housing crisis, – Homevior Read More »
In complete contrast, another property consultant Colliers India, earlier this week, reported a 6 per cent decline in total institutional investment in real estate at USD 3,523.6 million during the first half of 2024 as against USD 3,764.7 million in the year-ago period. Source Homevior.in
“This continued stability in house prices – rising by just +0.4% so far this year – reflects a market that remains subdued, though overall activity has been recovering,” Amanda Bryden, head of mortgages at Halifax, said. Source Homevior.in
Representative Image NEW DELHI: Even as leaseholders of prime properties on land owned by the Land and Development Office (L&DO) in Delhi eagerly await the housing ministry to allow converting them into freehold, the agency is dragging its feet on lifting the “informal” pause on this exercise for two years as it is yet to …
Delhi’s L&DO Delaying Conversion of Leasehold Properties to Freehold, – Homevior Read More »
Representative Image NEW DELHI: Delhi Development Authority (DDA) recently issued a circular for the allottees of its premium housing scheme in Dwarka’s Sector 19B, asking them to settle the final payment, which is 25% of the total cost, for the penthouses, super-HIG and HIG flats. DDA claims these dwelling units are now available for physical …
DDA urges allottees to pay final amount for premium flats by Aug 28, – Homevior Read More »
Representative Image NEW DELHI: Textile major Raymond Ltd on Thursday said it will demerge the real estate business to unlock the value for shareholders and harness growth potential in the Indian property market. In a regulatory filing, the company informed that its board has approved the scheme of arrangement of Raymond Ltd (demerged company) and …
Raymond to demerge real estate business, list it on exchanges, – Homevior Read More »
