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BMC seizes 3,605 properties over unpaid tax in Mumbai, , – Homevior

Representative image MUMBAI: The Brihanmumbai Municipal Corporation (BMC) has seized aor attached 3,605 properties for non-payment of property tax since the beginning of the financial year, an official said on Monday. As per a release issued by the civic body, of the 3,605 properties, 1,767, the highest number, are in the western suburbs, 1,232 are …

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Court Orders Bank to Compensate Elderly Man Rs 1L for 14-Year Delay in Returning Property Papers, – Homevior

File photo CUTTACK: Orissa high court has directed a nationalised bank in Cuttack to pay compensation of Rs 1 lakh to a person after it emerged the bank had not returned his mortgaged property papers 14 years after he had repaid the loan. Justice S K Panigrahi issued the direction in a case filed by …

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Essential Compliance to Avoid Penalties, – Homevior

Representative image NOIDA: Nearly two months after UP govt implemented the Lift Act, the district administration issued a public advisory on Monday stating that elevators at all residential and commercial establishments must be registered with the electrical safety department’s assistant director at the collectorate office in Surajpur. While the new notification does not mention the …

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Avighna Group acquires Emaar Business Park for Rs 555 crore in Dubai, – Homevior

Representative image Real estate developer Avighna Group has acquired a multi-tenanted commercial property, Emaar Business Park, Building 3 in Dubai from Bank Muscat’s Izdihar Real Estate Fund through its UAE arm Avighna Invest for Rs 555 crore. The Grade A commercial tower on prime Sheikh Zayed Road has a total 150,000 sq ft of office …

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Commissioner Deepak Rawat Takes Action, – Homevior

Representative image NAINITAL: Commissioner and secretary to the chief minister, Deepak Rawat, reviewed the Zamindari Destruction and Land Reforms Act and discussed the status of land purchase and sale in the hilly and plain areas of Kumaon division during a meeting at the Circuit House auditorium in Kathgodam in Nainital district on Monday. Commissioner Rawat …

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R-Home Executives Arrested for Allegedly Defrauding 200 Homebuyers, – Homevior

Representative image HYDERABAD: R-Home chairman Chakka Bhaskar and managing director Sudharani were arrested by Cyberabad’s economic offences wing (EOW) for allegedly duping 200 customers by failing to develop the promised flats in Ghatkesar and Sangareddy. Police said that Bhaskar and his wife were arrested based on a complaint given by V Manoj Kumar, who lost …

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Kalpataru gets Sebi’s approval for Rs 1,590 crore IPO, , – Homevior

Representative image NEW DELHI: Real estate firm Kalpataru Ltd and Unimech Aerospace and Manufacturing Ltd have received Sebi’s go-ahead to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on Monday. Kalpataru and Unimech Aerospace are aiming to raise Rs 1,590 crore and Rs 500 crore, respectively, through their initial …

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Dhauli Heights Homebuyers Urge Government for Flat Possession After 11 Years, – Homevior

Representative image BHUBANESWAR: Allottees of Dhauli Heights, a housing project in Tamando on the city outskirts, are again hoping for a positive reply to their grievances from the govt in the upcoming winter session of the assembly on when they might get possession of their units. Around 40 homebuyers got their allotment in the premium …

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