Trending now

Category: News

ed

ED seizes more than Rs 40 crore worth of Supertech Group assets due to allegations of money laundering.

April 14, 2023

NEW DELHI: According to the Enforcement Directorate (ED), assets belonging to the real estate firm Supertech and its directors worth more than Rs 40 crore have been seized in accordance with the anti-money laundering statute. According to the rules of the Prevention of Money Laundering Act (PMLA), a provisional order was issued on Tuesday to […]

ED seizes more than Rs 40 crore worth of Supertech Group assets due to allegations of money laundering.more

Delhi HC orders the creation of a combined task team to curb unlawful sand mining along Yamuna Bank.

April 12, 2023

NEW DELHI: In order to combat what is allegedly unlawful sand mining on the Yamuna River’s bank in the northern portion of the city, the Delhi High Court has ordered the city police to collaborate with their counterparts in Uttar Pradesh and establish a combined task force. In the national capital’s Hiranki village area, Judge […]

Delhi HC orders the creation of a combined task team to curb unlawful sand mining along Yamuna Bank.more

Bombay High Court: Tenants have few rights and can’t control redevelopment.

April 10, 2023

MUMBAI: According to the Bombay High Court, tenants have few rights and cannot tell the owner how to renovate their property. The court ordered the BMC to grant a commencement certificate for redevelopment in the matter of a Khar (West) building where an “obstinate tenant” (HC’s words) was delaying renovation. The owner, a limited liability […]

Bombay High Court: Tenants have few rights and can’t control redevelopment.more

Crackdown to begin on April 7 and retrieve Rs 503 crore from 101 builders.

April 7, 2023

NOIDA: The Gautam Buddh Nagar district administration stressed that developers who have received notifications from the Uttar Pradesh real estate regulator must pay back more than Rs 500 crore before announcing that it will start a crackdown on real estate defaulters on Friday. District Magistrate Manish Kumar Verma, who assumed responsibility last month, announced that […]

Crackdown to begin on April 7 and retrieve Rs 503 crore from 101 builders.more

Growth of 8–10% is anticipated for housing financing companies in FY22, according to the report

April 6, 2023

MUMBAI: According to a report, housing finance companies (HFCs) are projected to have a rate of growth of 6-8% during the year and 8-10% in FY2021-22 as a result of the demand for housing loans increased in the final two quarters of fiscal 2020–21. With the exception of one significant player’s portfolio, which experienced a […]

Growth of 8–10% is anticipated for housing financing companies in FY22, according to the reportmore

Residential searches rose 14.2% between January and March 2023, while listings rose 1.9%.

March 30, 2023

NEW DELHI: As per Magicbricks’ Proplndex research, residential searches surged by 14.2 percent from January to March 2023 while listings increased by 1.9 percent. Residential searches grew 3.2% quarter over quarter, the research claims, following a little fall of 2.5% the previous quarter, led by Ahmedabad (21.4%), Bangalore (10.3%), and Pune (7%). The survey also […]

Residential searches rose 14.2% between January and March 2023, while listings rose 1.9%.more

BMC’s air pollution management strategy in Mumbai depends on builder self-certification.

March 29, 2023

MUMBAI: According to an action plan created by the civic body, if builders do not take action to reduce the dust produced from construction sites, the BMC would issue stop-work warnings to them and take legal action if necessary. If contractors fail to self-certify that a construction project complies with dust mitigation standards, such as […]

BMC’s air pollution management strategy in Mumbai depends on builder self-certification.more

Regularization laws should not be used as a tool for illegitimate building.

March 28, 2023

MUMBAI: The Bombay High Court ruled that the legal mechanism for regularisation “cannot be a weapon to be deployed by the petitioner in every case of rank unlawful building.” The HC turned down a hotelier’s request for an injunction to stop a civic organization from tearing down the illegal buildings and allow time to file […]

Regularization laws should not be used as a tool for illegitimate building.more
ed

At Delhi’s Shalimar Bagh, the ED attaches an “Ambience Tower” worth Rs 252 crore.

March 27, 2023

NEW DELHI: In conjunction with a money laundering probe related to an alleged bank fraud case against the Ambience Group, the Enforcement Directorate announced on Friday that it had attached a multi-storeyed commercial complex in Delhi’s Shalimar Bagh neighbourhood, valued at more than Rs 252 crore. The immovable property is known as Ambience Tower and […]

At Delhi’s Shalimar Bagh, the ED attaches an “Ambience Tower” worth Rs 252 crore.more


Navratri Event

Sign Up for our Free Newsletter

Enter your email address: