Category: Realty_Quarter

The Bengaluru civic government is owed Rs 711.1 crore in taxes by over 3.60 lakh properties.

May 22, 2024

BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) is having a lot of trouble getting property taxes from some of the most prominent establishments in the city, including hotels, malls, developers, educational institutions, and charity trusts. Approximately 3.63 lakh homes owed Rs 711.1 crore in taxes as of May 18. With 57,043 houses owing Rs 95 crore, […]

The Bengaluru civic government is owed Rs 711.1 crore in taxes by over 3.60 lakh properties.more

Trezi Partners with CADD Emirates, and Targets the thriving AEC Market in UAE with Trezi Lens.

21 May 2024, Delhi NCR, India: Trezi, a leading innovator in the immersive technology space for architects, designers, real estate developers, infrastructure design firms, and building product manufacturers (AEC Industry) today announced its strategic partnership with CADD Emirates, a prominent AEC software & solution provider. This collaboration brings Trezi Lens, a platform that enables collaborative […]

Trezi Partners with CADD Emirates, and Targets the thriving AEC Market in UAE with Trezi Lens.more

Experion sets new tech-sustainability standards with the ultra-luxurious Experion Elements.

May 20, 2024

Designed by Belt Collins and developed by DSP Design; the ‘Elements’ architectural philosophy is founded on the five fundamental energies – Air, Water, Earth, Fire, and Ether to create a space where synergy blends with nature Delhi-NCR, April 30, 2024: Experion Developers, a fully FDI-funded premium real estate developer and a wholly owned subsidiary of Experion […]

Experion sets new tech-sustainability standards with the ultra-luxurious Experion Elements.more

Newgen Software reports Revenues from operations at Rs 1,244 cr in FY’24, up 28% YoY; Profit after Tax at Rs 252 cr, up 42% YoY Profit in a quarter exceeds Rs 100 crores for the first time.

New Delhi, India – April 30, 2024 The management of Newgen Software Technologies Ltd. announced results for the year and quarter ended March 31, 2024 at its Board Meeting held on April 30, 2024. Key Highlights- FY’24 v/s FY’23 Total Income (incl. Other Income) Rs 1,292 Cr (28% YoY growth) PAT Rs 252 Cr (42% […]

Newgen Software reports Revenues from operations at Rs 1,244 cr in FY’24, up 28% YoY; Profit after Tax at Rs 252 cr, up 42% YoY Profit in a quarter exceeds Rs 100 crores for the first time.more

Housing in Mumbai continues to thrive with strong April 2024 property registrations.

Mumbai’s real estate sector is witnessing an impressive performance with property registrations for April 2024 expected to cross 11,500 units from 10,514 a year earlier. Notably, the current figures represent a 9% increase in registrations compared to the same period last year, reflecting a continuous positive outlook. This robust activity is projected to contribute over […]

Housing in Mumbai continues to thrive with strong April 2024 property registrations.more

Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli.

Dateline: Mumbai: Godrej & Boyce, the owner-developer, and Godrej Properties, the development manager, announced that the two companies will continue their Memorandums of Understanding executed from time to time, for development of land in Vikhroli owned by Godrej & Boyce, as and when Godrej & Boyce is desirous of developing the said land. Godrej Construction, […]

Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli.more

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.

Max Estates to use proceeds for expanding in the high growth residential market for fuelling residential growth 01st May 2024, New Delhi: Max Estates Limited, the real estate arm of the Max Group, today announced a strategic investment of INR 388 Crore from New York Life Insurance Company, America’s largest mutual life insurer[1]. Upon the transaction’s close, New […]

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.more

Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

In Q4 FY24, LIC Housing Finance’s net profit decreases by 9.14%.

May 18, 2024

NEW DELHI: A 9.14% decrease in net consolidated profit was recorded by LIC Housing Finance for the quarter that concluded on March 31, 2024. In Q4 FY24, the company’s profit after tax was Rs 1,082.06 crore, compared to Rs 1,190.88 crore in the same quarter of the previous fiscal year, according to a BSE filing. […]

In Q4 FY24, LIC Housing Finance’s net profit decreases by 9.14%.more

The government wants to make brokers and builders accountable for unsolicited calls.

May 15, 2024

NEW DELHI: The government wants to hold brokers, banks, insurance providers, real estate developers, and other businesses accountable for contacting people using numbers that aren’t registered with the Telecom Regulatory Authority of India (Trai). This includes holding agencies that make “pesky calls” on their behalf. With their poorly implemented programs like the now-defunct “do not […]

The government wants to make brokers and builders accountable for unsolicited calls.more

MahaRERA suggests that builders self-declare the quality of their projects.

May 14, 2024

MUMBAI: Real estate developers are expected to submit an annual self-declaration of the quality assurance of their projects to the Maharashtra Real Estate Regulatory Authority (MahaRERA). This self-declaration will be based on a number of factors, including structural design, stability, testing, input material quality, workmanship quality, and other important considerations. The action is intended to […]

MahaRERA suggests that builders self-declare the quality of their projects.more

Category: Realty_Quarter

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