Category: World Real Estate News

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

SC asks Bombay HC to conduct performance audit of 1971 Maharashtra law on slum development

July 31, 2024

NEW DELHI: In a landmark ruling, the Supreme Court has mandated the Bombay High Court to perform a comprehensive performance audit of the 1971 Maharashtra law concerning slum redevelopment. This directive arises from the observation that over 1,600 cases linked to this law remain unresolved in the high court, suggesting that the legislation meant to […]

SC asks Bombay HC to conduct performance audit of 1971 Maharashtra law on slum developmentmore

Delhi HC Directs CBI Investigation into Repeated PILs on Unauthorized Constructions.

July 30, 2024

NEW DELHI: In a cautionary move aimed at litigants and lawyers who use Public Interest Litigations (PILs) concerning unauthorized construction as a bargaining tool, the Delhi High Court has ordered a CBI probe into one such case. A bench consisting of Acting Chief Justice Manmohan and Justice Tushar Rao Gedela involved the CBI after encountering […]

Delhi HC Directs CBI Investigation into Repeated PILs on Unauthorized Constructions.more

RERA in States and UTs Dispose of Nearly 1.25 Lakh Consumer Complaints

July 26, 2024

NEW DELHI: According to the Economic Survey 2023-24, real estate regulators in various states and Union Territories have resolved nearly 1.25 lakh consumer complaints against developers. The Real Estate (Regulation & Development) Act, 2016, commonly referred to as RERA, was enacted to bring significant reforms to India’s real estate sector. The primary aim of RERA […]

RERA in States and UTs Dispose of Nearly 1.25 Lakh Consumer Complaintsmore

The government of Karnataka proposes a bill to tax unapproved buildings’ property.

July 24, 2024

BENGALURU: On Monday, the Karnataka government introduced two crucial bills in the legislative assembly aimed at increasing revenue and preventing water theft. The Karnataka Municipalities and Certain Other Law (Amendment) Bill, 2024, and the Karnataka Irrigation (Amendment) Bill are designed to hold officials accountable for lapses in property tax collection and curb water theft from […]

The government of Karnataka proposes a bill to tax unapproved buildings’ property.more

Category: World Real Estate News

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