Category: Other Cities

Eva Aria in Chembur by Roha Realty (now known as Vida Realty) Achieves Major Milestone with 50% Inventory Sold

November 8, 2024

Mumbai, 6th November 2024: With the real estate industry projected to grow from USD 518.5 billion in 2024 to USD 856 billion by 2029, at a CAGR of 8.71% over the forecast period, Vida Realty is experiencing a strong growth trajectory in line with this expanding market. We are proud to announce the success of Eva […]

Eva Aria in Chembur by Roha Realty (now known as Vida Realty) Achieves Major Milestone with 50% Inventory Soldmore

Rajkot Municipal Corporation Raises Rs 100 Crore Through Bond Issue to Boost Infrastructure & Community Services

November 6, 2024

November 2024: To boost infrastructure and community services, Rajkot Municipal Corporation raised Rs 100 crore via Municipal Bonds. The issue was oversubscribed by 4.95 times and the interest received was 7.90%. The tenure of the bond is five years. The Credit Rating of Rajkot Municipal Corporation is AA by Crisil. The bidding was done on […]

Rajkot Municipal Corporation Raises Rs 100 Crore Through Bond Issue to Boost Infrastructure & Community Servicesmore

Infomerics Ratings – Real Estate Industry Outlook Report

November 5, 2024

Infomerics Ratings has come out with an outlook report on “Indian Real Estate and Sustainability” by Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings. The report provides an insightful view of the Indian Perspective, Project completion, Retail Sector, Sales, The Micro Markets, Investments, Institutional Initiatives, Industry Risks, and Way Forward. Key highlights of the report are given below: India’s real estate sector remains optimistic, driven by stable residential demand […]

Infomerics Ratings – Real Estate Industry Outlook Reportmore

HostBooks Limited Launches Real Estate ERP Software to Revolutionize Property Management and Drive Business Growth

[November] — HostBooks Limited, a leading provider of business automation solutions, proudly announces the launch of its cutting-edge Real Estate ERP Software. Designed to address the complex challenges of the real estate industry, this innovative solution offers a comprehensive suite of tools to streamline operations, enhance customer experiences, and boost overall business performance. The real estate industry […]

HostBooks Limited Launches Real Estate ERP Software to Revolutionize Property Management and Drive Business Growthmore

NBR Group Redefines Luxury Living with New Brand Identity, Tagline, and Logo

The new identity underscores NBR Group’s commitment to innovation and leadership in sustainable, modern living homes  Bengaluru, November 04, 2024: NBR Group, a renowned name in Bengaluru’s real estate landscape for over 25 years, has unveiled a new logo and brand tagline “Elevate to Extraordinary”, as it moves from mid-segment homes to luxury hi-rise gated community living. This transformation underscores the […]

NBR Group Redefines Luxury Living with New Brand Identity, Tagline, and Logomore
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ED Attaches Properties Worth Rs 23.13 Crore in Punjab Under PMLA in Hacienda Projects Fraud Case

October 29, 2024

The Directorate of Enforcement (ED), Lucknow Zonal Office, has provisionally attached five immovable properties valued at Rs 23.13 crore, consisting of agricultural land and industrial plots located in Hoshiarpur, Fatehgarh Sahib, and Mohali, Punjab. These properties are held in the names of Moonlight Propbuild Pvt Ltd and Elco Global Ventures LLP and have been attached […]

ED Attaches Properties Worth Rs 23.13 Crore in Punjab Under PMLA in Hacienda Projects Fraud Casemore
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Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Crore

October 21, 2024

Capital India Finance Ltd (CIFL), a small-cap NBFC focusing on MSMEs, has sold its housing finance subsidiary, Capital India Home Loans Limited (CIHL), to Weaver Services Private Limited for Rs 267 crore, as stated in a company filing to the stock exchanges. Weaver Services is supported by a team of former HDFC employees. To fund […]

Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Croremore
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Haryana RERA escalates the issue to the High Court over 207 arrest warrants issued against 20 builders.

October 18, 2024

GURUGRAM: This year, the Haryana Real Estate Regulatory Authority (H-RERA) has issued 207 arrest warrants targeting 20 developers based in the city for failing to comply with its orders to compensate homebuyers for delays in handing over flats. However, despite issuing these warrants, police have yet to act, prompting H-RERA to approach the Punjab and […]

Haryana RERA escalates the issue to the High Court over 207 arrest warrants issued against 20 builders.more
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Bombay High Court Overturns Fraud Declaration against Pune Buildtech by Bank of India

October 16, 2024

The Bombay High Court has overturned Bank of India’s decision to label Pune Buildtech Pvt Ltd as ‘fraud’ and declared it null and void, along with the inclusion of the realty firm’s name in any list or communication that blacklisted the company from obtaining institutional credit. In a separate ruling, the court also ordered the […]

Bombay High Court Overturns Fraud Declaration against Pune Buildtech by Bank of Indiamore
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Maharashtra RERA issues warning to homebuyers about 314 housing projects undergoing insolvency

October 13, 2024

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a caution to homebuyers, advising them against purchasing properties in 314 projects currently registered with the authority. These projects are undergoing insolvency proceedings at the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) of 2016. Several banks, financial institutions, and other entities […]

Maharashtra RERA issues warning to homebuyers about 314 housing projects undergoing insolvencymore