Category: Regulatory

SEBI Approves Bajaj Housing Finance to Launch Initial Public Offering.

August 6, 2024

NEW DELHI: Bajaj Housing Finance, along with four other companies, has received the green light from the Securities and Exchange Board of India (SEBI) to raise funds through initial public offerings (IPO), according to a recent update from the market regulator on Monday. The other companies include Manba Finance, Baazar Style Retail, Diffusion Engineers Ltd, […]

SEBI Approves Bajaj Housing Finance to Launch Initial Public Offering.more

REALTY QUARTER’s Dubai HNIs, Investors, and Channel Partners Meet 2024: A Grand Success!

We are thrilled to share the exciting news about the 17th Edition of REALTY QUARTER’s Dubai HNIs, Investors, and Channel Partners Meet 2024, featured in Maharashtra’s leading daily Hindi newspaper, Mumbai Hulchal. Our Dubai event was a fantastic success, bringing together high-net-worth individuals (HNIs), prominent investors, and influential channel partners worldwide. It was an incredible […]

REALTY QUARTER’s Dubai HNIs, Investors, and Channel Partners Meet 2024: A Grand Success!more

BHIVE Workspace expands its footprint in Brigade Metropolis, with a second strategic lease of 42,000 sq. ft.

August 3, 2024

Bengaluru, July XX, 2024 – BHIVE Workspace, India’s leading provider of managed office spaces, is pleased to announce a significant expansion with the leasing of 42,000 square feet of premium Grade-A office space in Garudacharapalya, Mahadevapura. This marks our second collaboration with Brigade Group, following our purchase in Summit A on the 8th floor of […]

BHIVE Workspace expands its footprint in Brigade Metropolis, with a second strategic lease of 42,000 sq. ft.more
Supreme court

SC asks Bombay HC to conduct performance audit of 1971 Maharashtra law on slum development

July 31, 2024

NEW DELHI: In a landmark ruling, the Supreme Court has mandated the Bombay High Court to perform a comprehensive performance audit of the 1971 Maharashtra law concerning slum redevelopment. This directive arises from the observation that over 1,600 cases linked to this law remain unresolved in the high court, suggesting that the legislation meant to […]

SC asks Bombay HC to conduct performance audit of 1971 Maharashtra law on slum developmentmore
Delhi High Court

Delhi HC Directs CBI Investigation into Repeated PILs on Unauthorized Constructions.

July 30, 2024

NEW DELHI: In a cautionary move aimed at litigants and lawyers who use Public Interest Litigations (PILs) concerning unauthorized construction as a bargaining tool, the Delhi High Court has ordered a CBI probe into one such case. A bench consisting of Acting Chief Justice Manmohan and Justice Tushar Rao Gedela involved the CBI after encountering […]

Delhi HC Directs CBI Investigation into Repeated PILs on Unauthorized Constructions.more

The government of Karnataka proposes a bill to tax unapproved buildings’ property.

July 24, 2024

BENGALURU: On Monday, the Karnataka government introduced two crucial bills in the legislative assembly aimed at increasing revenue and preventing water theft. The Karnataka Municipalities and Certain Other Law (Amendment) Bill, 2024, and the Karnataka Irrigation (Amendment) Bill are designed to hold officials accountable for lapses in property tax collection and curb water theft from […]

The government of Karnataka proposes a bill to tax unapproved buildings’ property.more
xyz

Karnataka HC: Disgruntled Home Buyers Must Identify Promoters in Complaint.

July 23, 2024

In a recent ruling, the Karnataka High Court emphasized the necessity for home buyers to name the promoters in their complaints against real estate companies. This comes in response to a common issue where real estate firms declare insolvency while their promoters continue to thrive financially. Some promoters exploit this situation by declaring bankruptcy and […]

Karnataka HC: Disgruntled Home Buyers Must Identify Promoters in Complaint.more

Bengaluru Civic Body Collects Just Rs 463 Crore Property Tax Through OTS.

July 11, 2024

BENGALURU: The BBMP’s ‘One Time Settlement’ (OTS) initiative, aimed at recovering overdue taxes, has seen a lackluster response. With the July 31 deadline nearing, the civic body has collected just Rs 463.03 crore, leaving Rs 624.88 crore unpaid. BBMP officials have collected Rs 73.9 crore in the Bommanahalli zone, with Rs 82.77 crore outstanding. In […]

Bengaluru Civic Body Collects Just Rs 463 Crore Property Tax Through OTS.more
MAHA RERA

MahaRERA Takes Action Against 628 Projects for Registration and QR Code Non-Compliance

July 8, 2024

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has proactively targeted 628 housing projects across the state for failing to comply with regulations requiring the display of registration numbers and QR codes in advertising materials. Of these 628 projects, 312 are from the Mumbai region, including Mumbai, Mumbai suburban, Thane, Nashik, and Konkan. About 250 […]

MahaRERA Takes Action Against 628 Projects for Registration and QR Code Non-Compliancemore
Land Banking

The Rise of Farmland as a Secure, Long-Term Investment Choice

July 2, 2024

  Vijay Chaudhary, chairman, Ram Rattan Group & Dalmia Ram Rattan  In recent years, farmland has increasingly caught the attention of investors seeking stable, long-term investments. This trend is driven by a variety of factors such as environmental and Social Impact, diversification benefits farmland offers, and its potential for value appreciation. According to an IBEF […]

The Rise of Farmland as a Secure, Long-Term Investment Choicemore