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Category: World Real Estate News

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Salarpuria sattva group’s assets have been frozen by the Enforcement Directorate.

November 10, 2022

HYDERABAD: The Enforcement Directorate (ED) has frozen the bank accounts of Salarpuria Sattva, a prominent real estate firm, in connection with the Heera gold scam. The ED discovered that the real estate company transacted with the scam-hit Heera Group, and money was routed to shel firms. On November 7, the ED conducted searches on the […]

Salarpuria sattva group’s assets have been frozen by the Enforcement Directorate.more
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In a money laundering case, the ED seizes Shine City’s properties worth Rs 18 crore.

November 4, 2022

LUCKNOW: The Enforcement Directorate (ED) Lucknow unit attached immovable properties in the form of Shine city (real estate company) lands in eight districts on Thursday. The land was attached in Lucknow, Varanasi, Fatehpur, Rae Bareli, Kanpur, Jalaun, Gorakhpur, and Manda (Prayagraj). In January 2021, the ED filed a case against Shine City Infra Project Private […]

In a money laundering case, the ED seizes Shine City’s properties worth Rs 18 crore.more

Revenue officials cite obstacles to carrying out MahaRERA orders.

November 2, 2022

PUNE: The state’s revenue officials have cited difficulties in enforcing Maharashtra Real Estate Regulatory Authority (MahaRERA) recovery warrant orders, with developer properties to be auctioned either on lien or rent or already mortgaged to financial institutions. Authorities are working hard to ensure that nearly 751 recovery warrant orders are carried out and that homebuyers receive […]

Revenue officials cite obstacles to carrying out MahaRERA orders.more

In Noida, a deputy registrar’s office will be established soon.

November 1, 2022

NOIDA: A full-fledged deputy registrar of societies office will open soon in Noida, eliminating the need for residents to travel to Meerut for any issue relating to highrises and residential sectors, including annual RWA or AOA elections. Varun Khare, deputy registrar of societies, made the announcement in Meerut during a meeting with members of the […]

In Noida, a deputy registrar’s office will be established soon.more
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CBRI develops a ‘low-cost’ smart face mask for construction workers.

October 31, 2022

ROORKEE: Researchers at the Central Building Research Institute (CBRI) in Roorkee have created a battery-powered smart face mask for construction workers. The low-cost smart face mask, they claim, will keep dust out of the eyes of workers suffering from asthma, lung infections, or other pulmonary diseases. According to the researchers, the smart face mask provides […]

CBRI develops a ‘low-cost’ smart face mask for construction workers.more

Housing demand in India is up 7.3% year on year, while supply is up 6%.

October 29, 2022

NEW DELHI: According to the Magicbricks Proplndex report for Q3, 2022, aggregate demand (searches) in India’s top 13 cities increased 7.3% YoY (year on year), while cumulative supply (listings) increased 6.0% YoY. According to the report, aggregate demand and cumulative supply fell slightly year on year (quarter on quarter). Greater Noida, Gurugram, Bengaluru, and Mumbai […]

Housing demand in India is up 7.3% year on year, while supply is up 6%.more

Property owners in Punjab will receive NOC in 15 days, according to the Minister.

October 28, 2022

CHANDIGARH: Finance Minister Harpal Singh Cheema and Revenue Minister Brahm Shanker Jimpa agreed on Thursday to reduce the time it takes to issue no objection certificates (NOCs) from 21 to 15 working days in order to avoid unnecessary disputes and litigations during property sales and purchases. Cheema proposed at a meeting here at Punjab Bhawan […]

Property owners in Punjab will receive NOC in 15 days, according to the Minister.more

In Delhi, a fine of Rs 32.4 lakh was imposed for failing to comply with dust regulations.

October 27, 2022

NEW DELHI: Authorities in Delhi issued 253 challans and fined user agencies a total of Rs 32.4 lakh for failing to comply with dust control standards, according to Environment Minister Gopal Rai. As of October 6, government officials had inspected 6,868 construction sites as part of the anti-dust campaign, according to the minister. “A total […]

In Delhi, a fine of Rs 32.4 lakh was imposed for failing to comply with dust regulations.more


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