NEW DELHI: In the second quarter of the fiscal year 2022–23, Adani Group’s building materials division, ACC, reported a net consolidated loss after tax of Rs 87.32 crore. According to a BSE filing, the company reported a profit after tax of Rs 450.21 crore in the previous fiscal’s corresponding quarter. In Q2 FY23, the company’s […]
In the second quarter of FY23, ACC reported a net loss of Rs 87.32 crore.more
NASHIK: The Nashik Municipal Corporation (NMC) has decided to fine all residential and commercial buildings in the city that have inoperative rainwater harvesting systems. Rainwater harvesting systems are required by law for all residential and commercial structures built on plots larger than 500 square meters. The town planning department will check whether the rainwater harvesting […]
Fines will be imposed on buildings with faulty rainwater harvesting systems.more
IBCCL, a wholly owned subsidiary of Indiabulls Housing Finance Ltd. (IBHFL), has paid Rs 60 crore to Sheela Gehlot, wife of Ambience group promoter Raj Singh Gehlot, for four floors in Anand Lok in south Delhi. The house is situated on a 780-square-yard lot, with the first four floors being registered separately. According to documents […]
Indiabulls Commercial Credit Buys a Property in South Delhi for Rs 60 Crore.more
NEW DELHI: According to Colliers India, the NCR real estate market increased 2.5 times year on year to $754 million between January and September. From January to September this year, total investments in Indian real estate increased 18% to $3.6 billion, up from $3.03 billion in the same period last year. Inflows were led by […]
According to Colliers International, institutional investments in Indian real estate totaled $3.6 billion between January and September.more
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
