MUMBAI: The country’s largest lender, State Bank, announced on Wednesday that its home loan book has surpassed Rs 6 lakh crore, making it the industry’s largest. To commemorate the occasion, the bank also announced a holiday promotion for home loan buyers, which includes a 25 basis point discount on interest rates starting at 8.40% and […]
SBI’s home loan book has surpassed Rs 6 lakh crore.more
A National Green Tribunal (NGT) team discovered that 25 building projects in Greater Noida were extracting groundwater without government permission. The committee, which included the Noida district magistrate and officials from the state and central pollution control boards, was formed in July in response to allegations that 63 projects owned by 40 different builders were […]
Greater Noida: 25 construction projects are illegally extracting groundwater.more
LUCKNOW: Property tax evasion in the city totaled Rs 80 crore over the last three years, according to a Geographical Information System (GIS) survey commissioned by the Lucknow Municipal Corporation (LMC). According to the survey, approximately 3.26 lakh new homeowners who built their homes in the last two years have not registered for property tax. […]
In Lucknow, Rs 80 crore in house tax evasion has been discovered in three years.more
MUMBAI: In a money laundering case related to the DHFL loan fraud case, the Enforcement Directorate (ED) searched six premises on Thursday, including Rajen Dhruv’s Orbit Ventures. Kapil Wadhawan and his brother Dheeraj Wadhawan aka Baba Dewan, both former DHFL promoters, are accused of diverting a portion of the fraud money to Orbit Ventures in […]
In the DHFL case, the ED searched the premises of Orbit Ventures and others.more
INDORE: The Indore district administration has begun distributing legal ownership of property—Record of Rights (ROR)—under the Svamitva Scheme, based on its drive to compile a database of “original owners” of residential plots in 553 villages. The Svamitva scheme, according to ADM Abhay Bedekar, aims to provide RoR to household owners who own houses in inhabited […]
A “Record of Rights” for 21,000 villagers has been completed, & one lakh people will benefit.more
Residents of the Himalaya Pride society in Greater Noida claim that the builder obstructed their walkway, added two floors between towers A and B and renamed it tower E. As a result, they must walk an extra 100 meters per day. While officials await a ground report, they have filed a complaint with the Greater […]
Greater Noida: Residents of Himalaya Pride claim that Tower E obstructs the walkway.more Tenants of the former Janki Bhuvan, which was taken up for redevelopment by Sanghavi Grih Nirman Pvt Ltd in 2009 but was never completed, filed a high court petition. MUMBAI: After seeking permission to evict tenants and demolish a temporary transit building in Prabhadevi, the Bombay High Court warned the BMC to avoid builders. On […]
Bombay HC Raps BMC on ‘Keep a Distance from Builders’.more
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Growing demand for modular kitchens in the Real Estate Sector and factors responsible.more
Residents’ groups who attended the meeting suggested that, because auditing is costly, a survey be conducted first in all high-rise apartments to identify buildings that require auditing. NOIDA: On Wednesday, a committee formed to develop guidelines for a structural audit policy for high-rise apartments in Noida met. Residents’ groups who attended the meeting suggested that, […]
Noida: A structural audit policy for high-rise buildings will be developed soon.more
The high court also set aside the Lookout Circulars (LOC) issued against those employees in an order issued on Monday and stated that there would be no search, seizure, or summons arising from the Enforcement Case Information Report (ECIR). NEW DELHI: The Delhi High Court has quashed the Enforcement Directorate’s ECIR against India bulls Housing […]
The Delhi High Court has dismissed the ED’s ECIR against India Bulls Housing and Its Employees.more