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Noida authority issues notice to 13 builders for dues worth over Rs 8,510.69 crore, – Homevior

Representative Image The Noida Authority has served notices on real estate developers, including ATS, Supertech, Logix, seeking their proposal within 15 days for resettlement of their dues worth hundreds of crores, officials said on Friday. The notices, issued on Thursday, are in line with an order of the Uttar Pradesh government concerning legacy stalled real …

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Norway government calls off plan to sell land in Svalbard, , – Homevior

Representative Image OSLO: The Norwegian government called off Monday a plan to sell the last privately owned piece of land on the strategic Arctic archipelago of Svalbard in order to prevent its acquisition by China. The remote Sore Fagerfjord property in southwestern Svalbard — 60 square kilometres (23 square miles) of mountains, plains and a …

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Allotment process for 4,350 flats in Bawana begins, – Homevior

Representative Image NEW DELHI: Following the objections of Real Estate Regulatory Authority (RERA) that no agency can sell flats in housing projects without registering with it, Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) has begun the process of completing formalities for nearly 4,350 flats that are lying unallotted and unoccupied in northwest Delhi’s Bawana. …

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Home prices in Australia rise by 0.7% in June 2024, , – Homevior

Representative Image SYDNEY: Australian home prices rose in June for a seventeenth straight month, as tight supply outweighed demand-side pressures of high interest rates, a cost of living squeeze and tight lending conditions, property consultant CoreLogic said on Monday. Data from CoreLogic showed national home prices climbed 0.7% in June from May when it gained …

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Unity Small Finance Bank inks pact to acquire office space worth Rs 393 crore, – Homevior

Representative Image Centrum Financial Services-promoted Unity Small Finance Bank has entered into agreements to purchase 168,000 sq ft of office space in Mumbai’s Santacruz suburb and Navi Mumbai’s Seawoods area for a total of nearly Rs 393 crore. Of this, the bank will be paying Rs 227 crore for the Santacruz office, which will be …

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Ghaziabad Municipal Corporation Struggles to Collect Rs 19 Crore in Property Tax, – Homevior

Representative Image GHAZIABAD: The Ghaziabad Municipal Corporation (GMC) has resumed its campaign to recover property tax from defaulters in a bid to boost its revenue. According to the corporation, it had 2,900 property tax defaulters across its five zones in the 2023-24 fiscal, which ended on March 31 this year. Since then, GMC has recovered …

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FIR filed against realtor for selling 10% smaller flats to buyers, – Homevior

Representative Image NOIDA: The economic offences wing of Delhi Police has registered an FIR against the owners and senior management of Prateek Group after a group of 20 homebuyers accused the Noida-based realtor of cheating them. The FIR – which followed a complaint by the 20 buyers of Prateek Edifice in Sector 107 – named …

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Amitabh Bachchan buys more office properties in Mumbai’s Andheri suburb, – Homevior

Bollywood actor Amitabh Bachchan has purchased three more office properties spread across three floors in a commercial project in Oshiwara locality of Mumbai’s western suburb Andheri for nearly Rs 60 crore. The actor already owns four offices totalling over 12,000 sq ft built up and 10,800 sq ft carpet area in the same commercial tower. …

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MahaRERA keeps registration of 1,750 lapsed housing projects in abeyance, – Homevior

Representative Image The Maharashtra Real Estate Regulatory Authority (MahaRERA) has kept the registration of 1,750 lapsed housing projects across the state in abeyance and has initiated measures to take similar action on additional 1,137 projects. Of these 1,750 projects, the Mumbai Metropolitan Region has the highest number of 761 projects kept in abeyance. The Pune …

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