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Mumbai: Consumer forum directs probe against Khar housing society
Publish on : 2022-11-14 12:04:58
The complainant housing society had moved the commission in 2012 seeking several reliefs, including demarcation with boundary walls between the two buildings, possession of the society office and parking spaces. MUMBAI: In a rare instance, a district forum recently directed that an inquiry be ini...
Godrej Properties' net profit up 87.60% in Q2 FY23
Publish on : 2022-11-14 12:01:35
The company's net consolidated income stood at Rs 369.20 crore in Q2 FY23, a growth of 10.47 per cent from Rs 334.22 crore it recorded in the similar quarter last year. NEW DELHI: Godrej Properties has reported a growth of 87.60 per cent in its net consolidated profit during the quarter ended Sep...
Sajjan India's promoter buys duplex in Mumbai's Worli for Rs 153 crore
Publish on : 2022-11-14 11:58:02
Aggarwal has purchased the apartment with 15,337 sq ft built-up space in one of the towers of the super-premium residential project 360 West from Oasis Realty, a subsidiary of the project’s developer, Oberoi Developers, on Dr. Annie Besant Road. Madhav Prasad Aggarwal, promoter of agrochemicals c...
Godrej & Boyce terms land acquisition for bullet train project process as illegal
Publish on : 2022-11-14 11:55:32
Godrej & Boyce Manufacturing also refuted allegations levelled against it by the state government and the NHSRCL that it was causing unnecessary hurdles and impediment in the land acquisition process and was hence delaying the project. MUMBAI: The Godrej & Boyce Manufacturing Co Ltd on Thursday s...
Soon, MahaRERA valuers to check progress of projects
Publish on : 2022-11-14 11:53:22
These valuers or inspectors would be certified by the income tax department or the Insolvency and Bankruptcy Board of India and carry out site visits. PUNE: With an increase in complaints about the progress of real estate projects, the Maharashtra Real Estate Regulatory Authority is all set to ap...
Submit report if a clubhouse is needed within Kharghar housing society: Bombay HC to Cidco
Publish on : 2022-11-09 12:52:57
Justices Ramesh Dhanuka and Kamal Khata passed the direction on a 2018 petition by Spaghetti CHS at sector 15 with 4 buildings. They are part of a large layout of 9 buildings with 1456 flats that were constructed by Cidco as part of a mass housing scheme and completed around 2005. MUMBAI: With a...
L&T Realty and CapitaLand India Trust to develop six million sq ft office spaces
Publish on : 2022-11-09 12:47:02
Depending on the completion of these developments, CLINT expects majority of the capital commitment for the projects to start from H2 2024 onwards. NEW DELHI: L&T Realty, the real estate development arm of Larsen and Toubro, and Singapore-listed CapitaLand India Trust Management, trustee-manager...
Maharashtra government forms committee to streamline realty processes in Navi Mumbai
Publish on : 2022-11-09 12:44:29
CIDCO undertakes various mega infrastructure projects, including the ongoing Navi Mumbai International Airport, Navi Mumbai Metro, NAINA, Corporate Park etc. The town planning body has allotted land parcels on lease to different real estate developers to create residential and commercial projects....
SC upholds Bombay HC verdict against rules pushing up land property tax
Publish on : 2022-11-09 12:42:41
The new rules of the BMC had led to much higher property taxes for the developers, who challenged the constitutional validity of the new regime for computing property taxes. MUMBAI: The Supreme Court on Monday upheld an April 2019 Bombay high court judgment that had struck down three rules to fix...
HDFC Capital Advisors invests over Rs 1,550 crore in six projects of SP Real Estate
Publish on : 2022-11-09 12:25:30
The investment made through structured debt instruments will flow into six projects spread over nearly 7 million square feet in Mumbai and Pune. It will be utilised for financial closure of projects, repayment of high-cost debt, and working capital, the companies said. HDFC Capital Advisors, a re...

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