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Representative image The members of Karnataka Home Buyers Forum demanded Real Estate Regulatory Authority (RERA) Karnataka issue guidelines on the completion of housing projects on the lines of Odisha Real Estate Regulatory Authority for the benefit of home buyers in Karnataka. The members of Karnataka Home Buyers Forum met Rakesh Singh, newly appointed RERA Karnataka …

Home buyers in Karnataka want closure, stricter project completion, – Homevior Read More »

Representative image NOIDA: Noida Authority may soon write to the Economic Offences Wing (EOW) against the developers who are yet to avail of relief under UP govt’s rehabilitation package for stalled residential projects. Of the 57 projects that had defaulted on land dues, 22 have accepted the rehabilitation package, which offers a two-year zero-period relief …

Noida authority to request EOW to audit builders that didn’t take rehab deal, – Homevior Read More »

Representative image CapitaLand Integrated Commercial Trust will acquire a 50% stake in Singapore’s ION Orchard mall for an agreed property value of S$1.85 billion ($1.42 billion), the real estate investment trust said on Tuesday. As per the deal, CapitaLand Integrated will acquire an entire stake in CapitaLand Retail Singapore Investments, the entity which owns the …

CapitaLand Integrated Commercial Trust to acquire 50% stake of ION Orchard mall, – Homevior Read More »

Representative Image LONDON: Private equity giant Blackstone has agreed to buy an 80% stake in a European warehouse portfolio run by landlord Burstone, the latest push by the U.S. investment manager into warehouses that have boomed alongside the rise of e-commerce. The Johannesburg-listed company – formerly Investec’s property fund – has agreed to sell the …

Blackstone buys 80% stake in European logistics fund, , – Homevior Read More »

Representative image The Bruhat Bengaluru Mahanagara Palike (BBMP) has started taking action by attaching properties and sealing non-residential buildings due to unpaid taxes. Despite this, a substantial 66.8% of property tax payers have still not settled their dues. There were 3,95,253 property tax defaulters at the start of the financial year. Currently, 2,64,228 defaulters remain, …

Over 2.64 lakh yet to pay property tax in Bengaluru, , – Homevior Read More »

Representative image PANAJI: Goa Coastal Zone Management Authority (GCZMA), after inspection, has found evidence of illegal sand mining at Chorao and Vanxim island and its surrounding areas. Locals of Devguim wado and Chamerem wado had complained of illegal sand extraction from the Mandovi river near Chorao and Vanxim islands. They alleged that mangroves have been …

Goa’s coastal zone management authority finds illegal sand mining at Chorao, – Homevior Read More »

Representative image NEW DELHI: Bajaj Housing Finance on Tuesday said it has fixed a price band of Rs 66-70 per share for its Rs 6,560-crore initial share sale. The initial public offering (IPO) will open for public subscription on September 9 and conclude on September 11 and the bidding for anchor investors will open for …

Bajaj Housing Finance sets price band at Rs 66-70 per share for its IPO, – Homevior Read More »

Representative image NEW DELHI: Omaxe Group will be investing over Rs 2,500 crore to develop an integrated commercial-cum-sports complex – The Omaxe State in Dwarka sector 19-B, New Delhi. Spread over 50.4 acre, the project is being developed in partnership with the Delhi Development Authority (DDA) under a public-private partnership (PPP) model. The project is …

Omaxe Group to invest Rs 2,500 crore to develop commercial-cum-sports complex in Delhi, – Homevior Read More »

Representative Image Ashley Biharilal Nagpal, promoter of furniture company EBCO has purchased a luxury apartment in a super-premium residential tower in central Mumbai’s plush Worli locality for over Rs 115.5 crore. The deal values the apartment at nearly Rs 1.62 lakh per sq ft basis the carpet area spread over 7,139 sq ft, making it …

EBCO’s promoter buys apartment in Mumbai’s Worli for Rs 115 crore, – Homevior Read More »

Representative image The issue of tax implications of transferring leasehold land has come to the fore once again as the authorities have started to issue notices to recover dues for such a transfer. This has sparked a significant debate among industry stakeholders as it is expected to have a major impact on future transactions and …

New notices for GST on leasehold land transfers stir real estate concerns, – Homevior Read More »