Category: INDIA / WORLD

SEBI Bans Anil Ambani and 24 Other Entities for Five Years in Fund Diversion Case.

August 25, 2024

NEW DELHI: The Securities and Exchange Board of India (SEBI) has taken stringent action against industrialist Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance Ltd (RHFL), by barring them from the securities market for five years due to their involvement in a fund diversion case. SEBI imposed a penalty […]

SEBI Bans Anil Ambani and 24 Other Entities for Five Years in Fund Diversion Case.more

SC Approves Auction of Samrudhhi Realty Assets to Recover Rs 5,000 Crore Debt.

August 22, 2024

The Supreme Court has given the green light to auction Samrudhhi Realty’s assets, aiming to recover a debt of approximately Rs 5,000 crore. The decision, handed down on Tuesday, authorizes the liquidator to proceed with the auction process. However, a bench led by Justice Abhay S Oka clarified that if any of the assets belonging […]

SC Approves Auction of Samrudhhi Realty Assets to Recover Rs 5,000 Crore Debt.more

Updated deposit requirements shouldn’t be too burdensome for HFCs: Crisil

August 19, 2024

NEW DELHI: According to Crisil Ratings, housing finance companies (HFCs) that accept public deposits are expected to navigate the Reserve Bank of India’s (RBI) revised guidelines, announced on August 12, 2024, without significant difficulty. The revised guidelines, which include several operational adjustments, introduce three main changes for HFCs involved in public deposit-taking. First, HFCs are […]

Updated deposit requirements shouldn’t be too burdensome for HFCs: Crisilmore

Three Entities Settle Insider Trading Charges with SEBI in PNB Housing Finance Case.

August 16, 2024

NEW DELHI: On Tuesday, three individuals settled with the capital markets regulator, the Securities and Exchange Board of India (SEBI), concerning allegations of insider trading violations related to the scrip of PNB Housing Finance Ltd. The settlement was reached after a collective payment of Rs 1.56 crore. The individuals involved in the settlement are Sidhant […]

Three Entities Settle Insider Trading Charges with SEBI in PNB Housing Finance Case.more

UP-RERA Refers 250 Possession-Related Cases to Adjudicating Officers’ Courts.

August 12, 2024

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has escalated 250 cases concerning the possession of properties to the courts of adjudicating officers stationed at the Lucknow headquarters and the Gautam Budh Nagar office. Of these, approximately 130 cases have been directed to the adjudicating officer at the Lucknow office, while about 120 […]

UP-RERA Refers 250 Possession-Related Cases to Adjudicating Officers’ Courts.more

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.

August 9, 2024

MUMBAI: The National Company Law Tribunal (NCLT) has confirmed the validity of the charge held by Piramal Capital & Housing Finance on Radius Estate Projects’ 5.4-acre development in Santacruz, Mumbai. This ruling, announced on Wednesday, settles a disputed issue involving creditors, including J.C. Flowers Asset Reconstruction and Piramal Capital & Housing Finance, by clarifying the […]

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.more

Arbour Investments Infuses INR 50 Crore into Mumbai’s First Manhattan-Style Sky-Lofts with ‘The Altitude

Redefining South Mumbai’s Urban Living, ‘The Altitude’ Combines Luxury, Convenience, and Unmatched Architectural Design. Mumbai, 8th August 2024: In a landmark move set to redefine the living standards of South Mumbai, Arbour Investments, India’s premier investment firm in the real estate sector, has announced a significant debt engagement with the VDV Group for a high-profile […]

Arbour Investments Infuses INR 50 Crore into Mumbai’s First Manhattan-Style Sky-Lofts with ‘The Altitudemore

Property owners are permitted by the government to calculate their LTCG tax and make a lower tax payment.

August 7, 2024

NEW DELHI: On Tuesday, the government announced a major tax break option allowing homeowners who purchased homes before July 23, 2024, to select between two tax rates for long-term capital gains (LTCG) tax. The LTCG was supposed to drop from 20 to 12.5% in the Budget 2024–25, however the indexation advantages were eliminated. The revised […]

Property owners are permitted by the government to calculate their LTCG tax and make a lower tax payment.more

SEBI Approves Bajaj Housing Finance to Launch Initial Public Offering.

August 6, 2024

NEW DELHI: Bajaj Housing Finance, along with four other companies, has received the green light from the Securities and Exchange Board of India (SEBI) to raise funds through initial public offerings (IPO), according to a recent update from the market regulator on Monday. The other companies include Manba Finance, Baazar Style Retail, Diffusion Engineers Ltd, […]

SEBI Approves Bajaj Housing Finance to Launch Initial Public Offering.more

REALTY QUARTER’s Dubai HNIs, Investors, and Channel Partners Meet 2024: A Grand Success!

We are thrilled to share the exciting news about the 17th Edition of REALTY QUARTER’s Dubai HNIs, Investors, and Channel Partners Meet 2024, featured in Maharashtra’s leading daily Hindi newspaper, Mumbai Hulchal. Our Dubai event was a fantastic success, bringing together high-net-worth individuals (HNIs), prominent investors, and influential channel partners worldwide. It was an incredible […]

REALTY QUARTER’s Dubai HNIs, Investors, and Channel Partners Meet 2024: A Grand Success!more

Category: INDIA / WORLD

Sign Up for our Free Newsletter