October 2024

[ad_1] NOIDA: The Noida Authority has decided to take a firm stance on recovering unpaid rent amounting to Rs 1,578 crore from licensed and leased properties. This comes after the recent rejection by the authority’s board of a proposed one-time settlement (OTS-III) scheme intended to aid defaulters. Instead, the board has directed the authority to […]

[ad_1] Representative image INDORE: The district administration has initiated a process for mid-term revision of the collector’s guideline for property rates in Indore, which generates maximum revenue through the stamp and registrar department. A district-level valuation committee, chaired by collector Asheesh Singh, discussed the proposed changes on Wednesday. The committee proposed increasing the guide value

[ad_1] Representative image NEW DELHI: To facilitate ease of doing business for Small and Medium REITs (SM REITs), markets regulator Sebi on Wednesday proposed standardising disclosures in scheme offer documents and simplifying public issue processes for such schemes. Additionally, the regulator proposed to align SM REIT (Real Estate Investment Trust) regulations with existing REIT norms.

[ad_1] Representative image NEW DELHI: Housing and Urban Development Corporation Ltd (HUDCO) on Tuesday reported a 52 per cent increase in consolidated net profit to Rs 688.62 crore for the September quarter. Its net profit stood at Rs 451.65 crore in the year-ago period. The company’s total income rose to Rs 2,526.14 crore in the

[ad_1] Representative image LUCKNOW: With a deadline of Dec 31 set to submit GIS (Geographical Information System) based master plans, reminders were sent to more than two-dozen AMRUT towns to finish the pending works. Out of 59 AMRUT towns in Uttar Pradesh, so far 30 have already got their master plans approved, while the remaining

[ad_1] Representative image PANAJI: Those planning to buy properties in Goa’s talukas, which include its capital city, port town, and commercial capital — Tiswadi, Mormugao, and Salcete — will soon have to pay more money as state govt has decided to increase the minimum land price in those talukas. State govt is planning to increase

[ad_1] NEW DELHI: Prestige Estates Projects has reported a decline of 74.23 per cent in its net consolidated profit during the quarter ended September 30, 2024. Its profit after tax stood at Rs 234.60 crore in Q2 FY25 as against Rs 910.30 crore it recorded in the corresponding quarter of the previous fiscal, the company

[ad_1] Representative image AHMEDABAD: The civic body recently auctioned 13 plots but managed to sell only four, yet with remarkable returns on each. The AMC‘s estate department held the auctions, including a 4,658 sq m plot in Bodakdev, listed at a base price of Rs 2.70 lakh per sq m and ultimately sold for Rs

[ad_1] Representative Image NEW DELHI: Shriram Properties (SPL) has signed a joint development agreement for a six-acres land in Undri, Pune. The land parcel will be used for mixed-use development, comprising of over 650 apartments and some retail/commercial spaces with an aggregate saleable area of over one million sq ft, to be developed over thenext

[ad_1] Representative image MYSURU: Henceforth, all Mysuru Development Authority (Muda) developed and approved layouts around Mysuru will be maintained by the local govt bodies of the respective areas. A decision in this regard was taken in a meeting chaired by Muda chairman G Lakshmikantha Reddy, who is also the Mysuru DC. “In the meeting, it