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File Photo HONG KONG: Hong Kong property developer New World Development said on Friday that Eric Ma will step down as chief executive officer after having spent just two months on the job. The sprawling business empire, run by Hong Kong’s third-richest family, reported an annual loss of over US$2.5 billion in late September. Former …

Hong Kong’s New World Development replaces CEO after two months, – Homevior Read More »

NEW DELHI: RDB Primarc Techno Park LLP, an affiliate of Primarc & RDB Group, has executed definitive agreements to purchase the business undertaking of DLF Techpark 1 from DLF Infocity Developers (Kolkata), a wholly-owned subsidiary of DLF Cyber City Developers for an aggregate consideration of approximately Rs 638 crore on a slump sale basis. JLL …

Primarc & RDB Group to buy business undertaking of DLF Techpark 1 for Rs 638 crore, – Homevior Read More »

Representative image AGRA: Cracks have appeared in more than 150 houses in Agra’s Moti Katra and Syed Gali areas, forcing more than 500 residents to leave their homes. The damage, allegedly caused by ongoing metro rail tunnelling for an underground track, has raised safety concerns and sparked demands for urgent repairs. Despite assurances, sceptical locals …

Agra Homes Crumble as Metro Tunneling Sparks Safety Crisis, – Homevior Read More »

Representative image LUCKNOW: The Directorate of Enforcement (ED), Lucknow Zonal Office, has provisionally attached one immovable property worth Rs. 1.5 crore belonging to Anil Kumar Tulsiani, director of Tulsiani Constructions and Developers Pvt. Ltd., in a fraud case under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. The property attached is situated …

ED attaches property worth Rs 1.5 crore of Anil Kumar Tulsiani director in money laundering case, – Homevior Read More »

File photo KOLKATA: Installing CCTV cameras in a residential property, without the resident’s permission, violated her privacy, Calcutta High Court has recently said. The court said a woman, who had alleged that her estranged husband had installed such cameras in a home she co-owned – and where she primarily lived – was well within her …

Can’t install CCTV cameras in house without resident’s consent, – Homevior Read More »

Representative image AHMEDABAD: For the first time, both domestic and international investors can participate as co-developers in commercial ventures within GIFT City Multi Services SEZ, according to officials of the International Financial Services Centre Authority (IFSCA). This opportunity emerged after the Union minister of commerce granted approval to an investor’s application for co-developer status in …

GIFT SEZ Introduces Co-Developer Status for Investors in Commercial Projects, – Homevior Read More »

Representative image NAGPUR: A property dealer, Ganpat Paunikar, was arrested this week by the Crime Branch from Seoni, Madhya Pradesh, for allegedly defrauding a woman of Rs 42 lakh last month. Paunikar had fled the city after duping Shakuntala Gumgaonkar, a retired school employee, in a property scam. According to the complaint filed by Gumgaonkar …

Seoni Property Dealer Arrested for Rs 42 Lakh Fraud Scheme, , – Homevior Read More »

Representative image With a view to fulfilling the dream of home ownership, the Uttar Pradesh government has launched a hi-tech township located just 15 minutes away from the Jewar International Airport. The ambitious project by Yamuna Expressway Industrial Development Authority (YEIDA) is situated in Sector-24A of Noida, one kilometre from the International Film City, 500 …

Uttar Pradesh govt launches hi-tech township near Jewar International Airport, – Homevior Read More »

Representative image NEW DELHI: In an indication of how consultants and private domain experts have become crucial for govt entities, only the housing and urban affairs ministry has engaged 112 such persons for its flagship programmes. The ministry spends around Rs 2.3 crore per month to pay salaries to these outsourced manpower, with some of …

Housing ministry spends Rs 2.3 crore per month on consultants, – Homevior Read More »

Representative image PANAJI: Starting Dec 1, homeowners in Goa will be fined Rs 10,000 if they fail to verify their tenants, as per the Tenant Verification Act. “Govt of Goa hereby appoints the 1st day of Dec 2024 as the date on which the provisions of the said Act shall come into force,” states a …

Goa government to enforce Rs 10,000 fine for unverified tenants from December 1, – Homevior Read More »