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Gulshan Homz buys 2.5-acre land in Noida for Rs 150 crore

Thursday 15th February 2024

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. ...

Keystone Realtors to redevelop two societies in Mumbai

Thursday 15th February 2024

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). ...

Oberoi Realty net profit dips 48.74% in Q3 FY24

Thursday 15th February 2024

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. ...

DDA released Rs 460 crore to 2,300 bidders in recent and ongoing housing scheme in record time

Monday 12th February 2024

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. ...

Government seeks information on Gurugram civic body colony takeover for audit

Monday 12th February 2024

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. ...

Centre to take final call on Maharashtra Registration Act amendment

Monday 12th February 2024

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. ...

BNY Mellon inks lease deal for Pune office with Prestige Group

Monday 12th February 2024

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. ...

Noida authority own panel to inspect old buildings before safety audit

Friday 9th February 2024

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. ...

Halan family buys apartments in South Mumbai Mahalaxmi for Rs 104 crore

Friday 9th February 2024

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. ...

HC asks Supertech chairman to respond to EDs plea challenging interim bail

Friday 9th February 2024

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. ...

Gurugram: Another Chintel Paradiso tower declared unsafe, evacuation ordered

Friday 9th February 2024

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. ...

Edelweiss fund to provide Rs 350 crore debt to Adarsh Developers entity

Wednesday 7th February 2024

According to two persons with knowledge of the situation, Edelweiss Special Opportunities Fund gave Bengaluru-based real estate firm Shreshta Infra Projects Pvt Ltd a Rs 350 crore loan facility, in part to finish two projects and repay loans raised from Oaktree Capital. ...

Lessor has to pay GST on rent if property is used for commercial purposes

Wednesday 7th February 2024

The Rajasthan bench of the Authority for Advance Rulings has ruled that if a lessee (who is registered for GST purposes) uses a residential property for commercial activities, then GST (Goods and Services Tax) is chargeable on the rent. ...

Gurugram: Structural audit of 22 highrises held up as builders yet to pay fee

Wednesday 7th February 2024

Due to the developers' failure to pay the survey price, the structural assessment of 22 highrise societies that the district administration requested last year has been delayed for the last six months. The developers are now receiving notifications from the deputy commissioner informing them that if they continue to wait, they risk legal action. ...

Give 64 acres in Mulund for rental homes for Dharavi squatters, Maharashtra tells BMC

Wednesday 7th February 2024

In order to build rental homes for Dharavi locals, the Dharavi Redevelopment Project Private Ltd (DRPPL) has requested an additional 18 acres of Mulund octroi property in addition to a 46-acre land block in Mulund. BMC owns both of the land lots. ...

Gulshan Homz buys 2.5-acre land in Noida for Rs 150 crore

Keystone Realtors to redevelop two societies in Mumbai

Oberoi Realty net profit dips 48.74% in Q3 FY24

DDA released Rs 460 crore to 2,300 bidders in recent and ongoing housing scheme in record time

Government seeks information on Gurugram civic body colony takeover for audit

Centre to take final call on Maharashtra Registration Act amendment

BNY Mellon inks lease deal for Pune office with Prestige Group

Noida authority own panel to inspect old buildings before safety audit

Halan family buys apartments in South Mumbai Mahalaxmi for Rs 104 crore

HC asks Supertech chairman to respond to EDs plea challenging interim bail

Gurugram: Another Chintel Paradiso tower declared unsafe, evacuation ordered

Edelweiss fund to provide Rs 350 crore debt to Adarsh Developers entity

Lessor has to pay GST on rent if property is used for commercial purposes

Gurugram: Structural audit of 22 highrises held up as builders yet to pay fee

Give 64 acres in Mulund for rental homes for Dharavi squatters, Maharashtra tells BMC

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