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Representative image REA Group, the property listings company majority owned by News Corp, is considering buying Rightmove to create a global real estate company, the Australian firm said on Monday, sending the British housing portal’s shares soaring. Shares in London-listed Rightmove surged 24% to 6.89 pounds, their highest level since March 2022, and the stock …

Australia’s REA Group considers buying UK-based Rightmove, – Homevior Read More »

File photo Raymond, a diversified group which will have three listed entities in its fold after demerger of lifestyle and real estate verticals, is looking for a stabilised growth of 15 per cent from sales along with 15-20 per cent of pre-tax earnings, Chairman & Managing Director Gautam Hari Singhania said. Singhania expects Raymond Lifestyle …

Raymond’s chairman expects its real estate vertical to be listed by August 2025, – Homevior Read More »

File photo BELAGAVI: The Belagavi City Corporation (BCC), renowned for its financial discipline, is reportedly in the midst of a significant financial crisis. The situation has arisen due to errors made by former officials during their administrative tenure. It is anticipated that the BCC will need to pay over Rs 100 crore in compensation to …

Errors Lead to Rs 100 Crore Compensation Issue, – Homevior Read More »

Representative image NEW DELHI: Omaxe Group will be investing over Rs 2,500 crore to develop an integrated township project – 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 integrated township in Delhi, – Homevior Read More »

Representative image GURGAON: In a relief to hundreds of homebuyers who have been waiting for nearly a decade, Unitech’s stalled residential project South Park, located in Sector 70, has finally resumed construction. The project, which was halted in 2013, is now set to move forward and be completed within the next three years. The South …

Unitech restarts construction of South Park project in Gurugram, – Homevior Read More »

File photo NOIDA: The Allahabad High Court directed Noida Authority to maintain the status quo regarding a demolition notice in Wajidpur village until objections filed by the petitioners are resolved. The court also restrained the petitioners from carrying out any further construction on the disputed site or creating third-party interests. The order came as a …

Allahabad HC directs Noida authority to maintain status quo in Wajidpur demolition, – Homevior Read More »

Representative image PANAJI: The Goa Coastal Zone Management Authority (GCZMA) has directed the demolition of multiple structures along the coastal area of Taleigao in three survey numbers. The violator had carried out the constructions stating that he intended to set up a water sports institute. The authority said that the arguments of the violator were …

Goa’s coastal zone management authority directs demolition of multiple structures in Taleigao, – Homevior Read More »

File photo CHENNAI: In a few years, you may step off the metro and into your workplace or an expansive shopping complex without having to step foot on the streets. This is what Metrorail has in store for the city, with plans to develop properties around phase-two metro stations in at least eight locations. Properties …

Commercial Development Plan for Metro Rail Stations in Chennai, – Homevior Read More »

NOIDA: Nearly 60% of stalled projects under the three industrial authorities have sought relief under UP govt’s rehabilitation package, unlocking registration of over 63,000 flats within the next year. At a review meeting with chief minister Yogi Adityanath on Aug 24, the three authorities reported that 93 out of 161 projects have already availed of …

60% stalled projects avail Uttar Pradesh’s rehabilitation package, – Homevior Read More »

MUMBAI: Several non-government organisations working in Dharavi have pledged their support to the ongoing state government-led survey of informal tenants in Asia’s biggest slum and accused non-locals of trying to stall redevelopment by spreading misinformation, according to letters they wrote to state government authorities. The NGOs have written to Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA), …

Dharavi NGOs support redevelopment survey, say opposition only by non-locals, – Homevior Read More »