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In order to cover the cost of registering apartments for more than 1,000 customers, seven Noida developers have committed to pay 25% of the total amount owed to the authorities. ...
Godrej Properties, a real estate company, announced on Tuesday that Jamshyd Godrej, who was 75 years old, has stepped down as a non-executive director, effective January 24. The resignation is effective as of January 24. ...
Two new society redevelopment projects worth a combined 3.06 lakh sq ft of saleable area have been signed by Kolte-Patil Developers in the western suburbs of Mumbai. This translates into a potential top-line of roughly Rs 545 crore. ...
The issuance of equity shares of Sobha for a sum not to exceed Rs 2,000 crore through a rights issue to the qualified equity shareholders of the firm has been evaluated and approved by the board of directors, according to a BSE filing. ...
For Rs 150 crore, real estate developer Gulshan Homz bought a 2.5-acre plot of land from a bank in Sector 129, Noida, one of the most desirable real estate districts in the National Capital Region, according to two people with knowledge of the transaction. ...
The preferred developer to redevelop the plot and premises of Veena Nagar Cooperative Housing Society & Neel Kamal Ghruh Cooperative Housing Society on a combined land area of around 12,120 square meters in Malad (West), Mumbai, is Keystone Realtors (Rustomjee Group). ...
For the quarter that concluded on December 30, 2023, Oberoi Realty's net consolidated profit decreased by 48.74 percent. According to a BSE filing, the company's profit after tax for the third quarter of FY24 was Rs 360.15 crore, compared to Rs 702.57 crore for the same quarter in the previous fiscal year. ...
According to an official statement on Sunday, the Delhi Development Authority has released more than Rs 460 crore to over 2,300 bidders in record speed for its recent and current housing initiative. ...
Nearly two years after the Department of Town and Country Planning (DTCP) mandated that nine approved colonies be turned over to MCG, the Haryana government's principal accountant general (audit) has requested information in order to conduct an inquiry. ...
Registration department officials stated on Saturday that in order for sub-registrars in the state to decline registration of property documents that violate federal or state regulations, the central government would need to change the Registration Act, 1908. ...
The Prestige Group in Pune and global financial services company BNY Mellon have inked one of the largest release agreements in India, covering almost a million square feet, enabling the American financier to combine several offices located throughout the city into a single site. ...
A committee consisting of three DGM officials has been established by the Noida Authority to look into requests for structural evaluations of older units. After the builder or Apartment Owners Association (AOA) files a request to have the apartments audited, the committee will take over. ...
Investors in stocks For around Rs 104 crore, the Halan family purchased eight exquisite sea-view apartments totaling 16,000 square feet in the upscale Mahalaxmi neighborhood in south Mumbai. ...
The Enforcement Directorate (ED) filed a plea contesting a decision giving R K Arora, the chairman and promoter of the prominent real estate company Supertech Group, interim bail on medical grounds in connection with a money laundering case. The Delhi High Court on Friday requested Arora's answer to the motion. Arora was notified by Judge Manoj Kumar Ohri and requested to provide a response to the petition. ...
A district administration commission has deemed another Chintels Paradiso Society tower in Gurugram's Sector 109 dangerous, an official said on Friday. According to a study provided by an IIT Delhi team, Tower J became the sixth of the housing unit's eight towers to be deemed unfit for habitation on Friday. ...
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