The Bombay High Court has overturned Bank of India’s decision to label Pune Buildtech Pvt Ltd as ‘fraud’ and declared it null and void, along with the inclusion of the realty firm’s name in any list or communication that blacklisted the company from obtaining institutional credit. In a separate ruling, the court also ordered the […]
Bombay High Court Overturns Fraud Declaration against Pune Buildtech by Bank of Indiamore
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a caution to homebuyers, advising them against purchasing properties in 314 projects currently registered with the authority. These projects are undergoing insolvency proceedings at the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) of 2016. Several banks, financial institutions, and other entities […]
Maharashtra RERA issues warning to homebuyers about 314 housing projects undergoing insolvencymore
The passing of Ratan Tata, one of India’s most influential business leaders, would mark a turning point for the country’s corporate world. His influence extended far beyond the Tata Group, shaping sectors like IT, steel, and automotive, but his contributions to real estate are equally noteworthy. Ratan Tata’s vision for affordable and sustainable housing has […]
The Legacy of Ratan Tata and Its Impact on Indian Real Estatemore
BENGALURU: A consumer court has recently ruled against CanFin Homes Ltd, a housing finance company, for failing to return the property documents to a Bengaluru resident despite him having fully repaid his loan. The court has ordered the company to hand over all the documents and also compensate the borrower with over Rs 1.3 lakh. […]
Consumer Court Orders CanFin Homes to Pay Fine for Withholding Property Documentsmore
Jodhpur: The Rajasthan High Court has raised concerns about selling plots and houses in privately developed colonies that lack essential amenities such as proper drainage, electricity, and water supply. On Wednesday, the court directed the state government, development authorities, and urban bodies to ensure that no developer or builder can sell properties without complying with […]
Rajasthan HC: Builders Cannot Sell Properties without Providing Basic Amenitiesmore DEHRADUN: As the state government contemplates new laws to restrict the acquisition of “surplus” land by “non-residents” in Uttarakhand, the High Court (HC) has set aside a lease cancellation order concerning a residential project. The court ruled that authorities must provide the builder with a prior notice before initiating any such action. Delhi Apartments Pvt […]
Uttarakhand High Court Revokes Lease Cancellation Order Issued to Haridwar Housing Project in SIIDCULmore
Thane’s finest and new beacon of luxury & elegant living Mumbai, September 20, 2024: ‘Belicia’ a luxurious residential project in Thane being developed by Prescon Group in collaboration with the esteemed House of Hiranandani has generated over 200 crores in revenue in Q1 of FY 2024-25, driven by the sale of more than 80 units. Speaking on the occasion Mr. Vedanshu Kedia, Director of […]
Belicia revenue soars to over 200 crores in Q1 with record 80+ units soldmore
Mumbai, India (September 20, 2024): The Phoenix Mills Limited (“PML” or “Company”) announced today that Casper Realty Private Limited (“Casper”), a wholly-owned subsidiary of PML, has been declared as the highest bidder for two prime city-centric plots in Mohali, Punjab. These plots – cumulatively measuring ~13.14 acres and located in Sector 62, YPS Chowk, Sahibzada […]
Casper Realty Private Limited, a wholly owned subsidiary of The Phoenix Mills Limited, has been declared as the highest bidder for two prime city-centric plots in Mohali, Punjabmore
National, 20th September 2024 — Labourhome, a leader in workforce management solutions for the construction and infrastructure sectors, proudly announces the appointment of Ms. D. Revathy, a distinguished 2012 Batch ICAS officer, as its new Executive Director, effective 1st August 2024. This strategic appointment marks a significant milestone in Labourhome’s ongoing commitment to enhancing worker welfare and […]
Labourhome Appoints D. Revathy as Executive Director, Marking a New Chapter in Worker Welfare and Community Impactmore
PANAJI: During the fourth meeting of the Group of Ministers (GoM) on boosting the real estate sector, held in Goa, a decision was made not to grant any additional exemptions on Goods and Services Tax (GST) for long-term land leases by private entities. Sector-specific exemptions, such as those for tourism, were also ruled out. Goa […]
No Further GST Exemption on Long-Term Land Lease: Group of Ministersmore
