BENGALURU: The National Consumer Disputes Redressal Commission (NCDRC) has ordered city-based ND Developers to refund home buyers’ money plus 9% interest for failing to deliver the flats on time. On March 31, 2011, more than 50 homebuyers decided to book flats at ND Laurel, a housing project at Gunjur, near Varthur in Bengaluru East, according […]
NCDRC orders ND Developers to refund homebuyers for delivery delays.more
NEW DELHI: Godrej Properties (GPL) announced an outright purchase of approximately 9 acres of land in Gurugram, Haryana, in a BSE filing. This project will include approximately 1.6 million square feet of luxury residential development. The project’s revenue potential is estimated to be around Rs 2,500 crore. In Kurukshetra, the company recently purchased approximately 62 […]
Gurugram-based Godrej Properties has purchased nine acres of land.more
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Delight Yourself at Your Private Pool | ASTRAL SPACE VILLA | MERAVILLA Pool Citymore
The Supreme Court has cleared the way for the demolition of two illegal buildings built over a decade ago in Nerul’s Sector 16A on plots reserved for a public garden. The ареx court has ordered the 165 families living in these “towers of corruption,” as activists refer to Krishna Complex and Trimurti Park, to give […]
Navi Mumbai: The SC orders the evacuation of 165 families in order to demolish illegal structures.more
Certus Capital’s digital neo-financing platform Earnnest.me has decided to invest over Rs30 crore in a premium boutique residential development of real estate developer EON Group in Mumbai’s Prabhadevi neighborhood. The investment with EON Group is part of Certus Capital’s strategy to deploy approximately Rs 500 crore in senior secured real estate credit deals through Earnnest.me […]
Certus Capital invests Rs30 crore in a Prabhadevi housing project.more
LUDHIANA: Despite several claims made by municipal corporation (MC) officials here, people continue to struggle to obtain no-objection certificates (NOCs) for plot regularisation, building plan approvals, and change of land use certificates. Building construction is prohibited without building plan approval, and NOCs are required for the sale or purchase of any property, particularly in unauthorized […]
Ludhiana residents are fighting for NOCs, and a building plan has been approved.more
GURUGRAM: Because they failed to pay for structural audits of their city-owned residential societies, the town and country planning department (DTCP) has recommended that all projects by two developers be barred from registering sale and lease deeds. District town planner Amit Madholia wrote to deputy commissioner Nishant Yadav, despite repeated reminders that Raheja Developers and […]
DTCP wants the leases of Raheja Developers and Brisk Infrastructure to be terminated.more
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
NOIDA: The Noida Authority launched an investigation into 14 applications in an e-auction for a residential plot scheme last week that quoted up to 110 times the base price. Officials stated on Tuesday that the applicants either entered incorrect quotations or attempted to influence the auction. The Noida Authority advertised 241 plots for auction, and […]
The Noida Authority is searching into plot auctions with bids exceeding 110 times the base price.more