Category: Other Cities

Salarpuria sattva group’s assets have been frozen by the Enforcement Directorate.

November 10, 2022

HYDERABAD: The Enforcement Directorate (ED) has frozen the bank accounts of Salarpuria Sattva, a prominent real estate firm, in connection with the Heera gold scam. The ED discovered that the real estate company transacted with the scam-hit Heera Group, and money was routed to shel firms. On November 7, the ED conducted searches on the […]

Salarpuria sattva group’s assets have been frozen by the Enforcement Directorate.more

The SC upholds a Bombay HC decision against laws that raise land property taxes.

November 8, 2022

MUMBAI: The SC upheld an April 2019 Bombay high court decision that invalidated three rules for determining the “capital value” of land where construction is set to begin under a new property tax regime. Despite being a setback for the C, the SC decision by a bench led by Chief Justice U U Lalit and […]

The SC upholds a Bombay HC decision against laws that raise land property taxes.more

DLF Homes has been ordered by the SCDRC to pay home buyers Rs 1.35 lakh.

November 7, 2022

CHANDIGARH: The state consumer dispute redressal commission, UT, ordered DLF Homes and its directors to pay former Lieutenant General K J Singh and his wife Anita Singh Rs 1.35 lakh in lump sum compensation for causing mental agony and harassment, as well as litigation costs, within 30 days of receipt of a certified copy of […]

DLF Homes has been ordered by the SCDRC to pay home buyers Rs 1.35 lakh.more

In a money laundering case, the ED seizes Shine City’s properties worth Rs 18 crore.

November 4, 2022

LUCKNOW: The Enforcement Directorate (ED) Lucknow unit attached immovable properties in the form of Shine city (real estate company) lands in eight districts on Thursday. The land was attached in Lucknow, Varanasi, Fatehpur, Rae Bareli, Kanpur, Jalaun, Gorakhpur, and Manda (Prayagraj). In January 2021, the ED filed a case against Shine City Infra Project Private […]

In a money laundering case, the ED seizes Shine City’s properties worth Rs 18 crore.more

Revenue officials cite obstacles to carrying out MahaRERA orders.

November 2, 2022

PUNE: The state’s revenue officials have cited difficulties in enforcing Maharashtra Real Estate Regulatory Authority (MahaRERA) recovery warrant orders, with developer properties to be auctioned either on lien or rent or already mortgaged to financial institutions. Authorities are working hard to ensure that nearly 751 recovery warrant orders are carried out and that homebuyers receive […]

Revenue officials cite obstacles to carrying out MahaRERA orders.more

In Noida, a deputy registrar’s office will be established soon.

November 1, 2022

NOIDA: A full-fledged deputy registrar of societies office will open soon in Noida, eliminating the need for residents to travel to Meerut for any issue relating to highrises and residential sectors, including annual RWA or AOA elections. Varun Khare, deputy registrar of societies, made the announcement in Meerut during a meeting with members of the […]

In Noida, a deputy registrar’s office will be established soon.more

Housing demand in India is up 7.3% year on year, while supply is up 6%.

October 29, 2022

NEW DELHI: According to the Magicbricks Proplndex report for Q3, 2022, aggregate demand (searches) in India’s top 13 cities increased 7.3% YoY (year on year), while cumulative supply (listings) increased 6.0% YoY. According to the report, aggregate demand and cumulative supply fell slightly year on year (quarter on quarter). Greater Noida, Gurugram, Bengaluru, and Mumbai […]

Housing demand in India is up 7.3% year on year, while supply is up 6%.more

Property owners in Punjab will receive NOC in 15 days, according to the Minister.

October 28, 2022

CHANDIGARH: Finance Minister Harpal Singh Cheema and Revenue Minister Brahm Shanker Jimpa agreed on Thursday to reduce the time it takes to issue no objection certificates (NOCs) from 21 to 15 working days in order to avoid unnecessary disputes and litigations during property sales and purchases. Cheema proposed at a meeting here at Punjab Bhawan […]

Property owners in Punjab will receive NOC in 15 days, according to the Minister.more

The Noida Authority is searching into plot auctions with bids exceeding 110 times the base price.

October 26, 2022

NOIDA: The Noida Authority launched an investigation into 14 applications in an e-auction for a residential plot scheme last week that quoted up to 110 times the base price. Officials stated on Tuesday that the applicants either entered incorrect quotations or attempted to influence the auction. The Noida Authority advertised 241 plots for auction, and […]

The Noida Authority is searching into plot auctions with bids exceeding 110 times the base price.more

Bombay HC: There is no development fee for projects built on government land.

October 21, 2022

MUMBAI: On Thursday, the Bombay High Court ruled that a Maharashtra town planning law does not exempt developers from paying development charges for projects on civic or government land, including redevelopment. The legislation was never intended to allow a developer or any third party seeking to redevelop a plot owned by a public body or […]

Bombay HC: There is no development fee for projects built on government land.more

Category: Other Cities

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