Category: Regulatory

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

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

May 20, 2024

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

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

Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstate

May 8, 2024

NEW DELHI: According to RBI data on “Sectoral Deployment of Bank Credit,” credit outstanding to the housing industry increased by around Rs 10 lakh crore over the previous two fiscal years to reach a record Rs 27.23 lakh crore in March of this year. This increase in outstanding home credit was ascribed by real estate […]

Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstatemore

The Rise of Farmhouse Communities in India: A Paradigm Shift in Luxury Real Estate

May 6, 2024

Mr. Vijay Chaudhary, Chairman of Ram Rattan Group and Dalmia Ram Rattan In recent years, there has been a noticeable surge in the popularity of farmhouses among the Indian populace. This trend reflects a growing desire among people to retreat from the hustle and bustle of urban life and embrace a more serene, luxurious lifestyle […]

The Rise of Farmhouse Communities in India: A Paradigm Shift in Luxury Real Estatemore

No PMLA property attachment following a planned offense conviction: Delhi High Court

May 3, 2024

The Delhi High Court has ruled that, even in cases where an appeal against the accused’s acquittal in the predicate offence is still pending, no actions taken under the Prevention of Money Laundering Act (PMLA), including the attachment of properties, may proceed after the accused is found not guilty. In a ruling made public on […]

No PMLA property attachment following a planned offense conviction: Delhi High Courtmore

How Smart homes have the potential to revolutionize the way we live.

May 2, 2024

By – Mr Gaurav Mavi, Co-founder, BOP Group A trend that is gaining popularity in the evolving real estate market is Smart Homes. As a real estate consultant with years of experience, I have seen that there is a rise of homes with modern technology that suits our daily life. Lighting of the house activated by […]

How Smart homes have the potential to revolutionize the way we live.more

The Ludhiana Improvement Trust has been compelled to pay Rs 1 lakh for the 14-year delay in flat possession.

April 29, 2024

LUDHIANA: Ludhiana Improvement Trust (LIT) has been ordered by the district consumer disputes redressal commission to compensate a complaint Rs 1 lakh for not granting the complainant possession of an apartment even after 14 years. The commission has directed the LIT to reimburse Hem Raj Kapila of Gill Road for the compensation within 30 days […]

The Ludhiana Improvement Trust has been compelled to pay Rs 1 lakh for the 14-year delay in flat possession.more

Category: Regulatory

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