Tuesday, April 23, 2019
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News Desk

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TNRERA directs Chennai’s Marg Properties to pay compensation to buyers

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has directed a city-based developer to provide compensation to 19 homebuyers and return the advance payment...

Evict slum dweller who sold SRA flat before 10-year cap: Bombay...

In a significant order, Bombay high court upheld the eviction of a former slum dweller from a flat given as part of slum rehabilitation...

MahaMetro yet to pay for land in Mihan: RTI

Amid hopes of economic growth tied with Mihan project, 21 of the 112 investors allotted land in the area have not paid up their...

Indian realty private equity inflows 53 billion since 2008: Report

Private equity inflows into Indian real estate have surpassed $53 billion or Rs 32,000 crore since 2008, with 59% of that total invested between...

Godrej Properties says sold over 2,900 homes in January-March

Realty developer Godrej Properties has announced selling over 2,900 homes with a booking value in excess of Rs 2,100 crore during the quarter ended...

UP-RERA issues notices to Ansal API for diverting Rs 606-crore funds

Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Friday issued show cause notices to Ansal API for alleged fraud and diversion of funds...

Alstom to provide state-of-the-art signalling system for Mumbai Metro and Pune...

Contracts have been awarded to Alstom to equip Mumbai Metro lines 2A, 2B and 7, as well as Pune Metro lines 1 and 2,...

Supreme Court refuses to allow Goa airport construction

In a setback to the GMR group, the Supreme Court on Friday refused to allow the construction of Goa’s new greenfield international airport and...

Indian Railways to get $750 million boost!

The Indian Railways is set to raise $750 million from the Asian Development Bank (ADB) through its financing arm IRFC, which will help the...

Ludhiana civic body fines hospital Rs 26 lakh for property tax...

With just a day left for the payment of property tax, the Ludhiana municipal corporation on Saturday fined a private hospital in Sherpur Chowk...

Indian Railways’ Surat station to become world-class multi-modal transport hub

Indian Railways is all set to transform Surat station in Gujarat into a world-class railway station! Not only that, by integrating all modes of...

Tata Communication extends deadline for demerger of surplus land

Tata Communications (Tata Comm) has extended the period for scheme of arrangement for de-merger of surplus land from Tata Comm to Hemisphere Properties India...

Nitin Gadkari chaired Ministry of Road Transport and Highways is all...

Over the next few years, several big infrastructure projects are coming up including various Expressway projects. Nitin Gadkari chaired Ministry of Road Transport and Highways...

Around 108 societies in Surat get notices over parking issue

As many as 108 residential societies in various parts of the city have been served notices for not allowing visitors to park their vehicles...

Home buyers to pay in accordance with a project’s progress: MP-RERA

Government boards and authorities involved in housing projects cannot charge money from buyers in a fixed date linked schedule -- a practice common in...

Sawasdee Group acquires Moser Baer’s Noida land for Rs 72 crore

Sawasdee Group, a Noida-based real estate group, has acquired 60,000 sq meters (approx) of industrial plot in Sector 80, Noida from Moser Baer India...

Delhi airport raises Rs 2,000 crore from realty monetisation

The GMR group-run Delhi international airport (DIAL) has raised Rs 2,000 crore from real estate monetisation, which will help its on-going expansion plan, as...

Realty sector likely to see 200 million sq ft addition in...

Indian real estate is expected to witness addition of nearly 200 million sq ft of space in 2019 across categories including office, retail, residential...

Schwing confirms participation at Bauma Germany with 3 ‘Made-in-India’ products

Schwing Stetter India has confirmed its participation in the upcoming Bauma Germany Expo. The construction equipment manufacturer will display 3 key Made-in-India products: Two...

Motilal Oswal Real Estate invests Rs 83 crore in Radiance projects

Motilal Oswal Real Estate (MORE) has invested Rs 83 crore as mezzanine debt in three projects being developed by Radiance Group in Chennai. The amount,...