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Sai Estate consultant and the four Wadhwani brothers had their properties seized by the court commissioner due to a loan default of Rs 62.5 crore from the Mumbai District Central Cooperative Bank, following the SARFAESI Act, 2002. ...
The Mumbai Metropolitan Region Development Authority (MMRDA) received approval, chaired by CM Eknath Shinde and deputy CM Devendra Fadnavis on December 12, to transfer 1,387 hectares across Aksa, Daravli, Erangal, Madh, Malvani, and Marve to them, free of encumbrances. ...
Chief Minister Yogi Adityanath instructed the Ghaziabad Development Authority (GDA) to finalize the handover of the Indirapuram township to the civic body by February of the upcoming year. ...
In connection with the Fine Future scam, District Revenue Officer Dr. M Sharmila auctioned seven properties for Rs 3.83 crore. The Economic Offences Wing (EOW) had previously attached 140 properties of Fine Future's managing directors and agents, who defrauded investors of ?189.15 crore. ...
Maharashtra's real estate regulatory authority, in the past seven years since the initiation of the Real Estate (Regulation and Development) Act, has successfully resolved 15,423 consumer complaints, ranking among the top three states in addressing homebuyers' grievances, according to a report from the Ministry of Housing and Urban Affairs. ...
The Municipal Corporation of Delhi has mandated the geotagging of properties to obtain real-time information on taxable properties within its jurisdiction. Property owners are required to complete geotagging by January 31 next year to qualify for a 10% property tax rebate. However, this move has caused discontent among property owners, who argue that the civic body did not adequately prepare before announcing this measure. ...
The Mumbai Metro Rail Corporation Limited (MMRCL) has secured a 38,650 square feet plot at Naya Nagar, Mahim, for commercial development. The plot has been granted on a 30-year lease. ...
ICICI Securities, the financial services arm of ICICI Bank, has acquired more than 188,000 sq ft of office space in the Mindspace Juinagar information technology park in Navi Mumbai through a long-term lease spanning over 12 years. ...
Shree Radha Sky Garden in Greater Noida becomes the first project approved for revival under the recently approved policy of the Uttar Pradesh government for stressed projects, benefiting over 2,000 homebuyers. ...
The state government emphasizes the significance of implementation in reviving stalled projects, quoting, "The role of decision in success is 5%, and the role of implementation 95%." ...
Real Estate Regulatory Authority (RERA) in various states has resolved up to 1,16,300 cases of homebuyers till November this year. Uttar Pradesh led with 38% of cases, followed by Haryana (18%) and Maharashtra (13%). ...
Awfis Space Solutions (Awfis) has filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI) for an initial public offering comprising a fresh issue of up to Rs 160 crore and an offer for sale of equity shares. ...
The Delhi High Court has asked the Centre to consider a plea seeking the linking of immovable and movable property documents with Aadhaar numbers to curb corruption, black money generation, and 'benami' transactions. ...
The Bombay High Court has rejected realtor Sanjay Chhabria's petition seeking condonation of delay in filing a revision petition against a special court's order allowing his arrest in the Yes Bank-DHFL fraud case. ...
SRT Sports Management, managed by cricketer Sachin Tendulkar and his wife Anjali Tendulkar, has acquired two apartments on Mount Mary Road in Mumbai's Bandra suburb through a lease agreement. ...
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