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Mumbai police's EOW arrests Supreme Constructions' director in cheating case
Publish on : 2024-01-31 18:10:12
Lalit Tekchandani was brought to the EOW office in south Mumbai on Tuesday evening and placed under arrest after questioning, he said. MUMBAI: The Mumbai police's Economic Offences Wing (EOW) has arrested city-based builder Lalit Tekchandani in connection with a cheating and forgery case, an offi...
Barclays Bank, K Raheja Corp ink Rs 306-crore lease deal for office in Mumbai
Publish on : 2024-01-31 18:07:34
The financial major's India arm will be effectively paying a lease of nearly Rs 306 crores throughout the lease term for a total of 64,000 sq ft office space on the 32nd and 33rd floors of the office tower Altimus developed by realty developer K Raheja Corp’s subsidiary Whispering Heights Real Estat...
Relaxation in development rules can't be permitted if it affects public safety: Bombay HC
Publish on : 2024-01-31 17:59:09
A division bench of Justices Gautam Patel and Kamal Khata noted that the stack parking system in the premises of the housing society in Borivali completely undermined the fire safety and public safety not only of members of the society but also of children, senior citizens, and perhaps even passersb...
Maharashtra's registration department warns property seizure of people who fail to pay deficit in stamp duty
Publish on : 2024-01-31 17:56:18
Senior registration officials said on Saturday that they had identified around 2.32 lakh such cases last month and issued notices so that they could pay by March end. Only 11,700 people have responded to the notices. PUNE: The state registration department has threatened to attach properties of t...
Macrotech Developers' profit rises 25% to Rs 505 crore in Q3 FY24
Publish on : 2024-01-31 17:52:02
Total income rose to Rs 2,958.7 crore in the October-December period of the 2023-24 financial year from Rs 1,902.4 crore in the corresponding period of the previous year, according to a regulatory filing. NEW DELHI: Realty firm Macrotech Developers on Saturday reported a 25 percent rise in its co...
Tenants urge government to get senior counsel to defend Maharashtra Rent Act in SC
Publish on : 2023-12-15 18:53:12
In a letter to CM Eknath Shinde, the tenants have asked for a commitment to protect the rights of tenants, considering the history of rent control in the state and the actual payment of 'Pugree' by tenants. MUMBAI: Tenants associations across the city have written to the chief minister and housin...
Everest Food promoters buy two more flats in Mumbai's Worli for Rs 143.50 crore
Publish on : 2023-12-15 18:51:37
The family had recently bought an apartment on the 53rd floor of Oberoi Three Sixty West, with a total area of over 6,921 sq ft, for Rs 73.50 crore. The promoter group of Everest Food Products, known for the Everest brand of spices, has purchased two more sea-view luxury apartments in a super-lux...
MahaRERA to set framework for quality assurance of real estate projects
Publish on : 2023-12-15 18:49:34
The new mechanism is expected to enable homebuyers, even those who may not comprehend technical details, to assess the quality of a project and make a well-informed decision. The Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to implement a comprehensive framework for quality assu...
Suraj Estate Developers' Rs 400-crore IPO to open on December 18
Publish on : 2023-12-15 17:23:29
Suraj Estate Developers' IPO is entirely a fresh issuance of equity shares worth Rs 400 crore with no Offer-for-Sale (OFS) component. Proceeds would be used towards the payment of debt availed by the company and its subsidiaries. NEW DELHI: Suraj Estate Developers on Wednesday said it has fixed t...
Two promoter entities offload 4.1% stake in Sunteck Realty for Rs 288 crore
Publish on : 2023-12-15 17:19:36
According to the bulk deal data available with the BSE, Satguru Infocorp Services and Starlight Systems disposed of 30 lakh shares each, amounting to a 4.10 percent stake in Sunteck Realty. NEW DELHI: Two promoter entities on Wednesday offloaded their entire 4.1 percent stake in real estate devel...

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