Category: INDIA / WORLD

After raids on Agrani Homes, ED freezes 119 bank accounts and high-end automobiles.

April 21, 2023

NEW DELHI: In accordance with the anti-money laundering statute, the Enforcement Directorate (ED) raided the promoters of a Bihar-based real estate business that is suspected of defrauding multiple homebuyers and confiscated 119 bank accounts, two luxury automobiles, and some insurance policies. According to a statement from the agency, searches were started on April 18 at […]

After raids on Agrani Homes, ED freezes 119 bank accounts and high-end automobiles.more

Government will establish a group to develop a sample builder-buyer agreement: Official

April 19, 2023

MUMBAI: In order to, among other things, speed up the home-buying process and protect customers from potential abuses, the government has decided to organise a committee to work on a model buyer agreement, a top government official declared on Tuesday. According to Consumer Affairs Ministry Secretary Rohit Kumar Singh, the committee, which will include representatives […]

Government will establish a group to develop a sample builder-buyer agreement: Officialmore

In one of the oldest PMLA cases, the ED files charges against a Mumbai-based builder.

April 18, 2023

MUMBAI: The Enforcement Directorate (ED) recently filed a chargesheet in the court against developer Shailesh Sawla and two of his firms, Kunal Construction and Sawla Construction, for selling homes to prominent persons in a slum-dwelling project. It’s one of the ED’s oldest pending laundering of money cases, dating back to the Prevention of Money Laundering […]

In one of the oldest PMLA cases, the ED files charges against a Mumbai-based builder.more

The Delhi High Court has asked the Centre to respond to a request to link property to Aadhaar.

April 17, 2023

NEW DELHI: The Delhi High Court on Monday directed the Centre to file a response to a petition seeking the connection of residents’ immovable and movable property records with their Aadhaar numbers in order to combat corruption, black money production, and ‘benami’ transactions. A bench of Chief Justice Satish Chandra Sharma and Justice Yashwant Varma […]

The Delhi High Court has asked the Centre to respond to a request to link property to Aadhaar.more

Top 5 Real Estate Property Buying and Selling Websites in India

The real estate industry in India is flourishing, and there are many options accessible for people who want to buy or sell property. Online portals have gained popularity as a means of conducting real estate transactions as the real estate sector becomes more and more digitized. We’ll look at some of the top Indian real […]

Top 5 Real Estate Property Buying and Selling Websites in Indiamore

ED seizes more than Rs 40 crore worth of Supertech Group assets due to allegations of money laundering.

April 14, 2023

NEW DELHI: According to the Enforcement Directorate (ED), assets belonging to the real estate firm Supertech and its directors worth more than Rs 40 crore have been seized in accordance with the anti-money laundering statute. According to the rules of the Prevention of Money Laundering Act (PMLA), a provisional order was issued on Tuesday to […]

ED seizes more than Rs 40 crore worth of Supertech Group assets due to allegations of money laundering.more

Delhi HC orders the creation of a combined task team to curb unlawful sand mining along Yamuna Bank.

April 12, 2023

NEW DELHI: In order to combat what is allegedly unlawful sand mining on the Yamuna River’s bank in the northern portion of the city, the Delhi High Court has ordered the city police to collaborate with their counterparts in Uttar Pradesh and establish a combined task force. In the national capital’s Hiranki village area, Judge […]

Delhi HC orders the creation of a combined task team to curb unlawful sand mining along Yamuna Bank.more

Bombay High Court: Tenants have few rights and can’t control redevelopment.

April 10, 2023

MUMBAI: According to the Bombay High Court, tenants have few rights and cannot tell the owner how to renovate their property. The court ordered the BMC to grant a commencement certificate for redevelopment in the matter of a Khar (West) building where an “obstinate tenant” (HC’s words) was delaying renovation. The owner, a limited liability […]

Bombay High Court: Tenants have few rights and can’t control redevelopment.more

Crackdown to begin on April 7 and retrieve Rs 503 crore from 101 builders.

April 7, 2023

NOIDA: The Gautam Buddh Nagar district administration stressed that developers who have received notifications from the Uttar Pradesh real estate regulator must pay back more than Rs 500 crore before announcing that it will start a crackdown on real estate defaulters on Friday. District Magistrate Manish Kumar Verma, who assumed responsibility last month, announced that […]

Crackdown to begin on April 7 and retrieve Rs 503 crore from 101 builders.more

Growth of 8–10% is anticipated for housing financing companies in FY22, according to the report

April 6, 2023

MUMBAI: According to a report, housing finance companies (HFCs) are projected to have a rate of growth of 6-8% during the year and 8-10% in FY2021-22 as a result of the demand for housing loans increased in the final two quarters of fiscal 2020–21. With the exception of one significant player’s portfolio, which experienced a […]

Growth of 8–10% is anticipated for housing financing companies in FY22, according to the reportmore

Category: INDIA / WORLD

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