Category: INDIA / WORLD

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

Consumer Court Orders CanFin Homes to Pay Fine for Withholding Property Documents

October 10, 2024

BENGALURU: A consumer court has recently ruled against CanFin Homes Ltd, a housing finance company, for failing to return the property documents to a Bengaluru resident despite him having fully repaid his loan. The court has ordered the company to hand over all the documents and also compensate the borrower with over Rs 1.3 lakh. […]

Consumer Court Orders CanFin Homes to Pay Fine for Withholding Property Documentsmore

Rajasthan HC: Builders Cannot Sell Properties without Providing Basic Amenities

October 4, 2024

Jodhpur: The Rajasthan High Court has raised concerns about selling plots and houses in privately developed colonies that lack essential amenities such as proper drainage, electricity, and water supply. On Wednesday, the court directed the state government, development authorities, and urban bodies to ensure that no developer or builder can sell properties without complying with […]

Rajasthan HC: Builders Cannot Sell Properties without Providing Basic Amenitiesmore

Uttarakhand High Court Revokes Lease Cancellation Order Issued to Haridwar Housing Project in SIIDCUL

October 3, 2024

DEHRADUN: As the state government contemplates new laws to restrict the acquisition of “surplus” land by “non-residents” in Uttarakhand, the High Court (HC) has set aside a lease cancellation order concerning a residential project. The court ruled that authorities must provide the builder with a prior notice before initiating any such action. Delhi Apartments Pvt […]

Uttarakhand High Court Revokes Lease Cancellation Order Issued to Haridwar Housing Project in SIIDCULmore

Belicia revenue soars to over 200 crores in Q1 with record 80+ units sold

September 27, 2024

Thane’s finest and new beacon of luxury & elegant living Mumbai, September 20, 2024: ‘Belicia’ a luxurious residential project in Thane being developed by Prescon Group in collaboration with the esteemed House of Hiranandani has generated over 200 crores in revenue in Q1 of FY 2024-25, driven by the sale of more than 80 units. Speaking on the occasion Mr. Vedanshu Kedia, Director of […]

Belicia revenue soars to over 200 crores in Q1 with record 80+ units soldmore

Casper Realty Private Limited, a wholly owned subsidiary of The Phoenix Mills Limited, has been declared as the highest bidder for two prime city-centric plots in Mohali, Punjab

Mumbai, India (September 20, 2024): The Phoenix Mills Limited (“PML” or “Company”) announced today that Casper Realty Private Limited (“Casper”), a wholly-owned subsidiary of PML, has been declared as the highest bidder for two prime city-centric plots in Mohali, Punjab. These plots – cumulatively measuring ~13.14 acres and located in Sector 62, YPS Chowk, Sahibzada […]

Casper Realty Private Limited, a wholly owned subsidiary of The Phoenix Mills Limited, has been declared as the highest bidder for two prime city-centric plots in Mohali, Punjabmore

Labourhome Appoints D. Revathy as Executive Director, Marking a New Chapter in Worker Welfare and Community Impact

National, 20th September 2024 — Labourhome, a leader in workforce management solutions for the construction and infrastructure sectors, proudly announces the appointment of Ms. D. Revathy, a distinguished 2012 Batch ICAS officer, as its new Executive Director, effective 1st August 2024. This strategic appointment marks a significant milestone in Labourhome’s ongoing commitment to enhancing worker welfare and […]

Labourhome Appoints D. Revathy as Executive Director, Marking a New Chapter in Worker Welfare and Community Impactmore

No Further GST Exemption on Long-Term Land Lease: Group of Ministers

September 26, 2024

PANAJI: During the fourth meeting of the Group of Ministers (GoM) on boosting the real estate sector, held in Goa, a decision was made not to grant any additional exemptions on Goods and Services Tax (GST) for long-term land leases by private entities. Sector-specific exemptions, such as those for tourism, were also ruled out. Goa […]

No Further GST Exemption on Long-Term Land Lease: Group of Ministersmore

Celebrate Navratri, Amplify Your Brand: Join Realty Quarter’s Exciting Event!

September 25, 2024

Get Ready for the Grand Celebration of Navratri 2024 with Realty Quarter! We’re excited to announce the most anticipated event of the year, filled with vibrant festivities and amazing opportunities! Navratri isn’t just about celebrating; it’s a golden chance for branding, promotions, sales, and launching real estate projects. This year, Realty Quarter is hosting an […]

Celebrate Navratri, Amplify Your Brand: Join Realty Quarter’s Exciting Event!more

Madras High Court: No Permission for New Construction on Land Classified as a Waterbody

September 23, 2024

MADURAI: The Madras High Court has ruled that new construction on land classified as a waterbody will not be allowed. This decision came during the hearing of a petition filed by Arumugam, who sought the removal of encroachments on Odai Kaalvai, located in Marandhai village, Alangulam taluk, Tenkasi district. A division bench comprising Justice G […]

Madras High Court: No Permission for New Construction on Land Classified as a Waterbodymore

Category: INDIA / WORLD

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