Category: Delhi

RERA in States and UTs Dispose of Nearly 1.25 Lakh Consumer Complaints

July 26, 2024

NEW DELHI: According to the Economic Survey 2023-24, real estate regulators in various states and Union Territories have resolved nearly 1.25 lakh consumer complaints against developers. The Real Estate (Regulation & Development) Act, 2016, commonly referred to as RERA, was enacted to bring significant reforms to India’s real estate sector. The primary aim of RERA […]

RERA in States and UTs Dispose of Nearly 1.25 Lakh Consumer Complaintsmore

Delhi High Court Quashes Lookout Circulars Against Supertech Realtors’ Director.

July 18, 2024

The Delhi High Court has nullified the lookout circulars (LoCs) issued against Mohit Arora, director of Supertech Realtors, by the Bureau of Immigration. These LoCs were requested by the Bank of Baroda and Union Bank of India. However, the court clarified that its ruling does not address LoCs issued against Arora at the request of […]

Delhi High Court Quashes Lookout Circulars Against Supertech Realtors’ Director.more

On August 12, SEBI will auction 19 properties owned by seven companies.

July 15, 2024

NEW DELHI: The Securities and Exchange Board of India (SEBI) has announced an auction of 19 properties belonging to seven companies, including Mangalam Agro Products, Sun Plant Business Ltd, and Sumangal Industries, scheduled for August 12. This action is part of SEBI’s efforts to recover funds unlawfully raised from investors by these firms. Other companies […]

On August 12, SEBI will auction 19 properties owned by seven companies.more

HotSummer@Work 2024 Survey from The Office Pass reveals the impact of heat on the workforce.

June 19, 2024

Over 80% of the workforce prefers flexible working locations instead of conventional offices Wearing smart casuals and eating healthy and hydrating foods are preferred over tight formal and unhealthy food options, respectively Switching to seasonal foods, salads and fresh juices is seen as a means to tackle rising temperatures New Delhi, 19th June, […]

HotSummer@Work 2024 Survey from The Office Pass reveals the impact of heat on the workforce.more

Delhi High Court denies PIL asking for orders to demolish purportedly unlawful building.

NEW DELHI: The Delhi High Court dismissed a PIL seeking an order to demolish alleged illegal and unlicensed building being carried out in the Okhla Industrial area, with costs of Rs 25,000. The court reasoned that the plea was filed without conducting sufficient research. The authority’s attorney informed the high court that the owner of […]

Delhi High Court denies PIL asking for orders to demolish purportedly unlawful building.more

Future Prospects: How Dwarka Expressway is Shaping Up as India’s Next Business Hub.

June 16, 2024

Mr. Aman Sharma, Managing Director of Aarize Group In the thriving commercial real estate dynamics of Delhi-NCR, Dwarka Expressway has evolved as a hot-button name, catching the attention of both investors and property buyers. In the growth story of Gurugram’s development, this 29-km-long stretch has set a significant milestone in fueling the economic growth of […]

Future Prospects: How Dwarka Expressway is Shaping Up as India’s Next Business Hub.more

In July 2024, Sebi will put 22 properties owned by seven corporations up for auction.

June 13, 2024

NEW DELHI: To recoup funds that were improperly taken from investors, market regulator Sebi announced on Monday that it has scheduled 22 properties belonging to seven companies, including the Pailan Group, Vibgyor Group, and GBC Industrial Corp group, for auction on July 8. Teachers’ Welfare Credit and Holding Group, Annex Infrastructure India Ltd., Waris Group, […]

In July 2024, Sebi will put 22 properties owned by seven corporations up for auction.more

The Delhi civic authority will no longer accept checks for the payment of property taxes as of July 1.

June 7, 2024

NEW DELHI: Due to the problem of unpaid checks, the Municipal Corporation of Delhi (MCD) announced on Wednesday that it will stop accepting property tax payments by check as of July 1. According to a statement from the civic authority, property taxes would need to be paid digitally starting next month via UPI, wallets, demand […]

The Delhi civic authority will no longer accept checks for the payment of property taxes as of July 1.more

Madhur Gupta Joins Hero Realty as CEO.

May 27, 2024

Brings Transformative Leadership to Hero Realty Pvt Ltd New Delhi, May 24, 2024: Hero Realty Pvt Ltd (HRPL) has announced the joining of Mr Madhur Gupta as its new Chief Executive Officer. With an illustrious career spanning over three decades, Mr Gupta brings a wealth of experience and a track record of transformative leadership to […]

Madhur Gupta Joins Hero Realty as CEO.more

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.

May 20, 2024

Max Estates to use proceeds for expanding in the high growth residential market for fuelling residential growth 01st May 2024, New Delhi: Max Estates Limited, the real estate arm of the Max Group, today announced a strategic investment of INR 388 Crore from New York Life Insurance Company, America’s largest mutual life insurer[1]. Upon the transaction’s close, New […]

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.more