Vijayawada: The AP high court expressed its displeasure with the state government on Tuesday for failing to release funds to beneficiaries of the YSR Rural Housing Programme, formerly known as the NTR Housing Programme. The high court stated that altering the name of the scheme will not benefit the people unless payments are made on […]
The HC wants a report on the rural housing scheme.more
MUMBAI: LIC Housing Finance, like its peers, raised its lending rate by 0.35 percent. The move, which comes a week after a similar increase by bigger rival HDFC, means that the minimum rate of interest for the best-rated borrower will be revised to 8.65 percent. The company said in a statement that it has raised […]
LIC Housing raises lending rates by 0.35%; home loans will now cost 8.65%.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
GURUGRAM: The DTCP has decided to allow appointed architects to issue occupancy certificates (OCs) for plotted houses in licensed colonies. The change is intended to expedite and simplify the process of obtaining an OC for homeowners. It has, however, raised concerns about architects being duped into issuing the papers and violations such as illegal extensions […]
Haryana architects can now issue OCs for houses in plotted colonies.more
CHANDIGARH: The state consumer dispute redressal commission, UT, ordered DLF Homes and its directors to pay former Lieutenant General K J Singh and his wife Anita Singh Rs 1.35 lakh in lump sum compensation for causing mental agony and harassment, as well as litigation costs, within 30 days of receipt of a certified copy of […]
DLF Homes has been ordered by the SCDRC to pay home buyers Rs 1.35 lakh.more
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
IBCCL, a wholly owned subsidiary of Indiabulls Housing Finance Ltd. (IBHFL), has paid Rs 60 crore to Sheela Gehlot, wife of Ambience group promoter Raj Singh Gehlot, for four floors in Anand Lok in south Delhi. The house is situated on a 780-square-yard lot, with the first four floors being registered separately. According to documents […]
Indiabulls Commercial Credit Buys a Property in South Delhi for Rs 60 Crore.more
The high court also set aside the Lookout Circulars (LOC) issued against those employees in an order issued on Monday and stated that there would be no search, seizure, or summons arising from the Enforcement Case Information Report (ECIR). NEW DELHI: The Delhi High Court has quashed the Enforcement Directorate’s ECIR against India bulls Housing […]
The Delhi High Court has dismissed the ED’s ECIR against India Bulls Housing and Its Employees.more
19th September 2022, MUMBAI: The National Real Estate Development Council (NAREDCO) Maharashtra has announced Bollywood’s popular and versatile star couple, Riteish and Genelia Deshmukh as brand ambassadors for the upcoming ‘Homethon Property Expo’. India’s first ever real estate exhibition is set to take place from 30th September to 2nd October at the Jio Convention Centre, one of the country’s largest and […]
NAREDCO Maharashtra associates with Riteish-Genelia as Brand Ambassadors of HOMETHON Property Expo 2022more The Delhi High Court has stepped in to help hundreds of “beleaguered” homebuyers by prohibiting banks/Housing Finance Companies (HFCs) from taking coercive action to recover EMIs for unfinished projects. Justice Rekha Palli recently granted an interim stay of proceedings in favour of homebuyers who invested in projects where the builders were supposed to pay EMIs […]
There will be no coercive action to recover EMIs for stalled real estate projects: Delhi High Courtmore