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ED opposes interim bail plea of Supertech chairman in money laundering case

Saturday 13th January 2024

The Enforcement Directorate opposed an application by R K Arora, chairman and promoter of Supertech Group, seeking interim bail on medical grounds in a money laundering case, during a hearing in a Delhi court on Wednesday. ...

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Noida: Developers of stalled projects to be apprised of recalculated dues this week

Saturday 13th January 2024

The authorities of Noida and Greater Noida are scheduled to meet with defaulting builders of stalled projects this week to inform them of recalculated dues and establish a payment schedule before the industrial development commissioner (IDC). ...

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Gurugram: DTCP razes six illegal colonies, frees 15-acre agriculture land

Wednesday 10th January 2024

In an effort to combat illegal colonies in and around the city, the enforcement wing of the town and country planning department (DTCP) has demolished six such colonies, spread over 15 acres of valuable agricultural land. ...

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Over 2,000 residential plots near airport? Yamuna Authority starts survey

Wednesday 10th January 2024

The Yamuna Authority has commenced a survey to acquire approximately 3,778 acres of land spanning four upcoming sectors. Among these, Sector 5 is designated for residential purposes, Sector 6 for industrial use, and Sectors 7 and 8 for mixed land use. ...

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MahaRERAs action on noncompliance prompts increase in quarterly project updates

Wednesday 10th January 2024

The Maharashtra Real Estate Regulatory Authority (MahaRERA) is observing a rise in the number of projects adhering to the mandatory Quarterly Progress Reports (QPR) even before receiving any notice from the regulator. ...

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Godrej Properties subsidiary receives GST demand and penalty order worth Rs 22.54 crore

Wednesday 10th January 2024

Oasis Landmarks LLP, a subsidiary of Godrej Properties, has been served an order on December 31, 2023, by the Excise and Taxation Officer, Gurgaon (East), Haryana. The order demands Rs. 10.45 crore for GST, along with Rs. 11.04 crore in interest and a penalty of Rs. 1.05 crore under Section 73(9) of HGST/CGST Act, 2017, read with section 20 of IGST Act, 2017. ...

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Ghaziabad development body asks nine builders to complete EWS flats or face project cancellation

Tuesday 9th January 2024

The Ghaziabad Development Authority (GDA) has warned nine group housing developers to complete EWS and LIG flats promptly or face project cancellation. Out of the 7,030 EWS units and an equal number of LIG units planned by the developers, only 2,691 EWS units and 2,474 LIG units are currently ready. ...

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Homebuyers urge MahaRERA to build regulations to ensure construction quality

Tuesday 9th January 2024

Homebuyers and citizens' groups are urging the Maharashtra Real Estate Regulatory Authority (MahaRERA) to establish a framework for developers to uphold construction quality. On December 4, the authority sought public suggestions on its proposed regulatory framework through a consultation paper. ...

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Mumbai: Ahuja developers booked for cheating home buyer

Tuesday 9th January 2024

The Santacruz police have recently filed a new case of cheating against Ahuja developers, directors, and their Chinese partners. They are accused of cheating a flat buyer of Rs 1.33 crore by not registering the agreement and selling the booked flat to a third party. ...

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Godrej Properties buys four-acre land parcel in Bengaluru

Tuesday 9th January 2024

Godrej Properties (GPL) has acquired a four-acre land parcel outright in Yeshwanthpur, Bengaluru. The project is expected to yield approximately 0.7 million sq ft of saleable area, mainly consisting of premium residential apartments. The estimated revenue potential is Rs 1,000 crore, with the possibility to increase to Rs 1,250 crore if an additional 1-acre land is acquired, making it a total of about five acres. ...

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Kochi corporation issues demolition notice to flat at Kaloor

Monday 8th January 2024

Despite possessing the necessary building permit, residents of a Kochi apartment complex face a quandary as the corporation issues a demolition order for the Regal Royal flat complex at Kaloor. ...

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Maharashtra CM lays foundation stone for cluster development at Wagle estate

Monday 8th January 2024

Chief Minister Eknath Shinde lays the foundation stone for cluster development at Wagle estate, emphasizing his 15-20 years of dedication to the project since his initial election as MLA. ...

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Mumbai: Property tax bills uploaded by BMC citing hike send citizens into tizzy

Monday 8th January 2024

The BMC's property tax bills for 2023-24, uploaded on Friday, cause confusion and concern among citizens and public representatives due to an unexpected hike. ...

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John Abraham buys bungalow in Mumbai Khar for over Rs 70.83 crore

Monday 8th January 2024

Bollywood actor and entrepreneur John Abraham invests over Rs 70.83 crore in a Khar bungalow on Linking Road, boasting a vast 5,416 sq ft built-up area. ...

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Amitabh Bachchan leases four offices in Mumbai Andheri to Warner Music India

Friday 5th January 2024

Amitabh Bachchan has entered a long-term agreement, leasing out four office properties on an entire floor in a commercial tower in Oshiwara, Mumbai's Andheri suburb, to Warner Music India for a total tenure of five years. ...

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