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
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 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
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
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
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 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
MUMBAI: In a recent ruling, the MahaRERA has offered relief to more than 70 homebuyers who had purchased apartments in the Ruparel Skygreens project in Borivli. The promoter had failed to deliver the properties to the allottees, including those who had opted for the subvention scheme and the construction link plan scheme, by the agreed-upon […]
MahaRERA Grants Relief to Over 70 Buyers of Ruparel Skygreens Due to Delayed Possession.more
A consistent inflow of small, medium, and large enterprises into managed office spaces across the country is leading to an increase in rentals owing to demand outstripping supply. This shift in industry dynamics is thereby cementing the flexible managed office segment’s position as one of the major growth drivers of the commercial real estate industry. […]
Rental Growth cements flex leasing industry’s impact on real estatemore
BHOPAL: The Madhya Pradesh Real Estate Regulatory Authority (RERA) has openly opposed the registration of an inquiry by the Economic Offenses Wing (EOW) against its chairman, AP Srivastava. The Authority argues that the investigation is unjustified and unnecessary, asserting that it is legally protected under section 90 of the RERA Act. Recently, the EOW initiated […]
State of Madhya Pradesh RERA Rejects EOW Probe into Chairman’s Allegations of Corruptionmore
