Iqbal Mirchi’s Mumbai property set to be auctioned
Safema authorities have fixed a reserve price of Rs 3.45 crore for the 1245-sq feet flat at the plush Juhu Tara road in suburban Mumbai belonging to Mirchi. The winner will have to deposit Rs 86.50 lakh as earnest money.
Buildings composting green waste in Nashik to get 5% concession in property tax
The move is aimed at reducing the waste that the civic body c...
NDA is no one’s property, says Shiv Sena leader Sanjay Raut
Amid the Shiv Sena leader Sanjay Raut said on November 18 that National Democrati...
CG Power fraud: Ex-CFO says Nashik property not sold yet
V.R. Venkatesh, the former CFO, CG Power has denied any sale of property in Nashik in connection to the CG Power fraud he is primarily accused of. In its investor presentation in August, CG Power had listed several alleged discrepancies or fraudulent transactions including two instances of sale of company properties in Nashik and Kanjurmarg.
South Delhi Municipal Corporation budget: Property tax hike on cards
People living in colonies in C, D and E categories may end up paying more property tax if the budget proposed by SDMC commissioner is implemented. To cover up deficit and increase revenue, it has been proposed to increase the tax from 11% to 12%.
NBCC, Suraksha Realty submit revised bid for Jaypee Infratech
Both NBCC and realty developers Suraksha Realty have submitted revised bids for Jaypee. While Suraksha Realty has upped its offer to Rs 7,900 crore to lenders and possession in 3 years to over 22,000 homebuyers, NBCC has offered lenders 1,426-acre land worth around Rs 5,000 crore and 50% of around 3,000 apartments that have no claimants.
Property title project nipped in the bud
The Survey, Settlement & Land Records, an arm of the revenue department had taken up a crucial project of maintaining urban property ownership records (UPOR), making it a mandatory requirement in property transactions, starting off with Shivamogga and Mangaluru cities. However the UPOR rests solely on the government decision.
Goliaths of India property rise as slowdown swallows small firms
India’s top real estate cos saw sales jump 159% in the year ended March from 2017, when the slump began.
Godrej Properties' sales bookings up 44% to Rs 2,343 cr in Apr-Sep FY'20
Out of the total sales bookings, Rs 2,329 crore pertained to housing segment and the remaining Rs 14 crore to commercial space. In volume terms, sales bookings rose 61 per cent to 3.6 million sq ft in April-September 2019 from 2.23 million sq ft in the corresponding period of the previous year, all this despite slowdown in the housing segment.
GDP growth may be less than 5% in Q2, to improve from Q3: Adi Godrej
Good performance, Nature’s Basket sale led to 128% jump in Godrej Industries' profit in Q2.
PVR Cinemas makes Sri Lanka debut to redefine the movie-viewing experience
PVR Cinemas recently entered the Sri Lankan market with a new 9-screen property, PVR Lanka.
Tata Power, Equitas Holdings, Shriram Transport among 88 stocks look set to fall, shows MACD
Strong trading volumes on many of these counters are lending credence to the emerging trend.
PVR enters Sri Lanka with a 9-screen property
PVR has collaborated with the Shangri La Group to launch the new nine- screen property, which includes two luxury cinema formats – PVR LUXE and one kids’ format PVR Playhouse. Sanjeev Kumar Bijli, joint MD, PVR, said that the market dynamics in Sri Lanka are very similar to that of India, which helped the company to decide on the market.
OTP-based property registrations soon in Karnataka
The Department of Stamps and Registration is geared up to roll out the new system based on one time password (OTP) across Karnataka in about two weeks.
Ayodhya case: A brief history of India’s longest running property dispute
Here are some important milestones of the case, which also saw the birth of the Ram Janmabhoomi movement.
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