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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. ...
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. ...
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. ...
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. ...
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. ...
In compliance with the directives of the Real Estate Regulatory Authority (RERA), the state has modified the module for registering houses and apartments. Instead of being registered according to super built-up area, as was the case up until this week, houses and apartments in the state will henceforth be recorded according to carpet area. ...
In the Andheri district of Mumbai, managed workspace provider Table Space and real estate developer Runwal have reached an agreement for the long-term lease of more than 1.31 lakh square feet of office space in the developer's commercial tower. The period of the lease is more than ten years. ...
To protect the interests of homeowners, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has enforced a single registration number for each standalone project. In response to instances when developers obtained two or more MahaRERA registration numbers for the same or different phases of a real estate project, the regulatory body has implemented this procedure. ...
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