Category: World Real Estate News

Pune residents demand that MahaRERA matters be resolved quickly.

March 8, 2023

PUNE: Citizens’ groups have called for the swift resolution of cases and the recruitment of additional adjudicating members to hear the backlog of cases at the earliest opportunity due to the over 6,000 complaints that are now pending with the Maharashtra Real Estate Regulation Authority (MahaRERA). This week, citizen groups issued a message to the […]

Pune residents demand that MahaRERA matters be resolved quickly.more

The Chandigarh Housing Board website no longer has a dues certificate.

March 6, 2023

CHANDIGARH: The no dues certificate (NDC) can be promptly obtained from the Chandigarh Housing Board (CHB) website, which is a huge relief for the majority of allotters and applicants. Nowadays, allottees and applicants must file an application for NDC before requesting a variety of services, including permission to transfer units, change addresses, or get a […]

The Chandigarh Housing Board website no longer has a dues certificate.more

Ahmedabad civic body to prevent illegal property sale deed registration.

March 1, 2023

AHMEDABAD: If your built property or illegal extension is on the civic body’s demolition list, you may find it difficult to register the property’s sale deed. On Thursday, Municipal Commissioner M Thennarasan shot off a circular to authorities of all municipal zones – such as estate officers -prescribing a standard operating process (SOP) of action […]

Ahmedabad civic body to prevent illegal property sale deed registration.more

Noida will digitize 13 lakh land records between 2002 and 2017 to prevent loss and theft.

February 28, 2023

NOIDA: The Uttar Pradesh government has issued an order directing the Gautam Budh Nagar administration to digitize all land records from 2002. The Uttar Pradesh government has directed the Gautam Budh Nagar administration to digitalize all land records dating back to 2002. Kanchan Verma, inspector general of stamps and registration, has directed the district administration […]

Noida will digitize 13 lakh land records between 2002 and 2017 to prevent loss and theft.more

High Court sets aside attachment of Piramal Realty’s properties worth Rs.410 crore.

February 27, 2023

The Delhi High Court has set aside a provisional attachment of Piramal Realty’s properties worth Rs.410 crore by the Enforcement Directorate. The high court ruled in an order issued a week ago that the ED’s provisional attachment of properties “cannot continue” because the realty company “was not arrayed as an accused and was merely a […]

High Court sets aside attachment of Piramal Realty’s properties worth Rs.410 crore.more

Real estate papers must now be displayed on the websites of Maharashtra’s local bodies.

February 25, 2023

PUNE: According to a government resolution (GR) issued by the urban development department (UDD) on Thursday, all local planning authorities must display the commencement certificate (CC) and occupancy certificate (OC) granted for new and upcoming real estate projects on their websites and notify the Maharashtra Real Estate Regulatory Authority (MahaRERA) regarding the sanctions. It also […]

Real estate papers must now be displayed on the websites of Maharashtra’s local bodies.more

In the Shipra Mall dispute, the Delhi High Court has set aside the arbitrator’s order against Indiabulls Housing.

February 22, 2023

The Delhi High Court set aside its order quashing Indiabulls Housing Finance’s sale notices issued to enforce its security interest in Shipra Mall in Ghaziabad on Tuesday, citing an arbitrator for exceeding its remit. “Because a secured creditor has a specific right to enforce a security interest by issuing a sale notice under Section 13 […]

In the Shipra Mall dispute, the Delhi High Court has set aside the arbitrator’s order against Indiabulls Housing.more

Looking to purchase property near the Yamuna Expressway? You will have to pay more starting in April.

February 21, 2023

NOIDA: Purchasing land near the Noida International Airport site is expected to become more expensive beginning in April. The board of the Yamuna Expressway Authority has increased the land allotment rates in the Jewar airport premises by 30% to 40%, effective next fiscal year. While rates in the group housing and residential plot categories have […]

Looking to purchase property near the Yamuna Expressway? You will have to pay more starting in April.more

SBI increases MCLR-based lending rates by 10 bps to 7.95–8.70%

February 16, 2023

MUMBAI: State Bank of India, the largest lender in the country, on Wednesday slightly raised the short-term lending rates spanning overnight to three-year maturities by 10 basis points (bps), effective immediately. Despite the fact that banks have nearly fully passed through the 250 basis point interest rate increases made by the Reserve Bank since last […]

SBI increases MCLR-based lending rates by 10 bps to 7.95–8.70%more