Representative image HYDERABAD: Sahiti Infratec Ventures India Private Ltd (SIVIPL) and its sister entities have allegedly misappropriated homebuyers’ money which led to a wrongful gain of Rs 842 crore by SIVIPL and its promoters, alleged the Enforcement Directorate. In its prosecution complaint filed in the PMLA court recently, ED alleged that the total Rs 853 …
File photo LUCKNOW: The state cabinet on Tuesday approved the Multi-Modal Logistics Park Policy-2024 that will allow companies investing in this sector to receive upfront land subsidies and various other concessions from the govt. Officials said a company establishing a multi-modal logistics park will be given a 30% upfront land subsidy on plots leased by …
File photo LUCKNOW: The state cabinet on Tuesday approved the Multi-Modal Logistics Park Policy-2024 that will allow companies investing in this sector to receive upfront land subsidies and various other concessions from the govt. Officials said a company establishing a multi-modal logistics park will be given a 30% upfront land subsidy on plots leased by …
Representative image GURUGRAM: Nearly 20 unauthorised temporary structures spread over seven acres were razed in a demolition drive by MCG on Tuesday. The freed land, worth crores of rupees, is part of a residential zone, allowing both residential and commercial development. Led by nodal officer RS Batth, the MCG enforcement team, supported by over 100 …
MCG demolishes 20 illegal structures to reclaim seven acres in Gurugram, – Homevior Read More »
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 …
Maharashtra government to revise proposal for vertical property cards, – Homevior Read More »
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 …
Sebi orders forensic audit of TARC’s financial statements, , – Homevior Read More »
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 …
SC asks Greater Noida authority to submit a proposal for grievance redressal, – Homevior Read More »
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 …
House prices in UK likely to rise by 2-4% in 2025: Nationwide, – Homevior Read More »
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 …
19 home buyers cheated of Rs 2.4 crore as builders flee with money, – Homevior Read More »
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 …
Germany’s property sector seen improvement in 2024, – Homevior Read More »
