Tag: #Hyderabad

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Now, prospective real estate brokers in Telangana must pass the RERA exam and obtain a credential.

August 28, 2023

HYDERABAD: Real estate agents in Telangana will soon be required to take an exam and obtain a certificate in order to perform their duties. Even individuals already in the industry will be required to take this test to renew their license. Telangana RERA chairman N Satyanarayana stated that the organization is working on finalizing the […]

Now, prospective real estate brokers in Telangana must pass the RERA exam and obtain a credential.more

Five victims of the Sahiti Infra scam in Hyderabad receive assistance

July 27, 2023

HYDERABAD: The Hyderabad District Consumer Disputes Redressal Commission-3 ordered a refund of the amount spent by the customers along with a compensation of $50,000, which was a relief for five homebuyers who had paid for flats advertised by the scam-hit Sahiti Infra. The police and Enforcement Directorate are looking into the firm. Vishwanadham Keshetti, a […]

Five victims of the Sahiti Infra scam in Hyderabad receive assistancemore

Continuous house sales enhance developers’ liquidity and credit standing.

July 25, 2023

Since the Covid-19 pandemic’s onset, the liquidity and credit profiles of important listed real estate developers have significantly improved as a result of the sustained sales momentum in the home property market over the past three fiscal years. Both the collections and realisations of these enterprises have increased as a result of the booming residential […]

Continuous house sales enhance developers’ liquidity and credit standing.more
Income Tax Department

Hyderabad’s Income Tax Department examines prominent builders’ houses in the Old City.

May 25, 2023

HYDERABAD: On Wednesday, income tax (I-T) inspectors searched the residences of prominent realtors in the Old City on suspicion of widespread tax cheating. Nearly 40 locations connected to the Kohinoor Group and Red Rose Group in Hyderabad, Gurugram, Noida, and Karnataka were searched. Mohammed Quadri Ahmed and Mohammed Amjad of KM Kohinoor Realtors Private Limited […]

Hyderabad’s Income Tax Department examines prominent builders’ houses in the Old City.more

In Hyderabad, the Income Tax Department searches for builders.

January 20, 2023

HYDERABAD: Income tax (I-T) investigators have searched three real estate firms in the city for possible tax evasion. On Wednesday, several I-T teams searched the offices of Oorjita Builders and Developers, Sri Aditya Homes, and other firms, as well as their promoters, in Jubilee Hills, Banjara Hills, Karkhana, Madhapur, Gandipet, and other areas. I-T sleuths […]

In Hyderabad, the Income Tax Department searches for builders.more

Residential sales in top seven cities up 68% year-on-year in 2022: Report

January 9, 2023

NEW DELHI: According to a recent JLL India report, the residential sector experienced a robust demand revival in 2022, with the year having to register a decadal high in-home sales with 215,000 units across the top seven cities of Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Kolkata, and Pune. Residential sales increased by 68% year on year […]

Residential sales in top seven cities up 68% year-on-year in 2022: Reportmore

Hyderabad civic body’s FY24 budget of Rs 6,224 crore was approved without debate.

December 26, 2022

HYDERABAD: Amid the din, the GHMC budget of 6,224 crores for the fiscal year 2023-24 was approved at its fifth general assembly meeting on Saturday. No discussion on the budget or the agenda took place due to protests from both BJP and Congress corporators, as mayor Gadwal Vijayalakshmi quickly called for a vote after her […]

Hyderabad civic body’s FY24 budget of Rs 6,224 crore was approved without debate.more
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The ED seizes assets worth Rs. 78 crore in the Heera Gold scam.

December 15, 2022

HYDERABAD: In the Heera Gold scam case, the Enforcement Directorate has temporarily attached the immovable and movable assets of SA Builders and Developers and Neelanchal Technocrats worth Rs 78 crore. It was claimed that the accused real estate firm diverted funds from the crime proceeds to shell companies in Kolkata and Shillong. The properties were […]

The ED seizes assets worth Rs. 78 crore in the Heera Gold scam.more

Certus Capital invests Rs30 crore in a Prabhadevi housing project.

November 28, 2022

Certus Capital’s digital neo-financing platform Earnnest.me has decided to invest over Rs30 crore in a premium boutique residential development of real estate developer EON Group in Mumbai’s Prabhadevi neighborhood. The investment with EON Group is part of Certus Capital’s strategy to deploy approximately Rs 500 crore in senior secured real estate credit deals through Earnnest.me […]

Certus Capital invests Rs30 crore in a Prabhadevi housing project.more
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Salarpuria sattva group’s assets have been frozen by the Enforcement Directorate.

November 10, 2022

HYDERABAD: The Enforcement Directorate (ED) has frozen the bank accounts of Salarpuria Sattva, a prominent real estate firm, in connection with the Heera gold scam. The ED discovered that the real estate company transacted with the scam-hit Heera Group, and money was routed to shel firms. On November 7, the ED conducted searches on the […]

Salarpuria sattva group’s assets have been frozen by the Enforcement Directorate.more