Category: Other Cities

Shine City properties worth Rs 31 crore have been attached by the Enforcement Directorate.

November 22, 2022

LUCKNOW: On Sunday, the Enforcement Directorate’s Lucknow unit attached real estate company Shine City’s immovable properties worth Rs 31.24 crore in Sultanpur, Jhansi, Pratapgarh, Pindra (Varanasi), Bara (Allahabad), and Bakshi Ka Talab (Lucknow). The ED has attached properties worth Rs 50 crore since the filing of a PMLA case against the owners of Shine City […]

Shine City properties worth Rs 31 crore have been attached by the Enforcement Directorate.more

Haryana architects can now issue OCs for houses in plotted colonies.

November 18, 2022

GURUGRAM: The DTCP has decided to allow appointed architects to issue occupancy certificates (OCs) for plotted houses in licensed colonies. The change is intended to expedite and simplify the process of obtaining an OC for homeowners. It has, however, raised concerns about architects being duped into issuing the papers and violations such as illegal extensions […]

Haryana architects can now issue OCs for houses in plotted colonies.more

According to British Land, a disinterest in purchasing property has a negative impact on valuations.

November 17, 2022

BENGALURU: The rapid rise in borrowing costs, according to British Land Co, has reduced investors’ appetite for property acquisitions, causing valuations to fall in the first half. The UK commercial property sector’s tentative recovery from pandemic lows is being suffocated by aggressive interest rate hikes to tame inflation and deepening recession fears. British Land, the […]

According to British Land, a disinterest in purchasing property has a negative impact on valuations.more

Ludhiana residents are fighting for NOCs, and a building plan has been approved.

November 16, 2022

LUDHIANA: Despite several claims made by municipal corporation (MC) officials here, people continue to struggle to obtain no-objection certificates (NOCs) for plot regularisation, building plan approvals, and change of land use certificates. Building construction is prohibited without building plan approval, and NOCs are required for the sale or purchase of any property, particularly in unauthorized […]

Ludhiana residents are fighting for NOCs, and a building plan has been approved.more

DTCP wants the leases of Raheja Developers and Brisk Infrastructure to be terminated.

November 14, 2022

GURUGRAM: Because they failed to pay for structural audits of their city-owned residential societies, the town and country planning department (DTCP) has recommended that all projects by two developers be barred from registering sale and lease deeds. District town planner Amit Madholia wrote to deputy commissioner Nishant Yadav, despite repeated reminders that Raheja Developers and […]

DTCP wants the leases of Raheja Developers and Brisk Infrastructure to be terminated.more

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

Category: Other Cities

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