November 2024

South Goa Advocates’ Association to seek revocation of hike in land rates, ET RealEstate

[ad_1] Representative image PANAJI: The South Goa Advocates’ Association (SGAA) has criticised the recent state govt circular increasing land rates, calling it arbitrary and unjust. At an extraordinary general body meeting held on Friday, the association unanimously resolved to urge govt to immediately revoke the hiked rates, which they say have been imposed without any […]

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Signatureglobal (India) posts net profit of Rs 4.15 crore in Q2 FY25, ET RealEstate

[ad_1] NEW DELHI: Signatureglobal (India) has reported net consolidated profit after tax of Rs 4.15 crore during the quarter ended September 30, 2024. It had registered loss after tax of Rs 19.92 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company’s net consolidated total income stood

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Puravankara posts net loss of Rs 17.06 crore in Q2 FY25, Real Estate News, ET RealEstate

[ad_1] NEW DELHI: Puravankara has reported net consolidated loss after tax of Rs 17.06 crore in the quarter ended September 30, 2024. It had registered loss after tax of Rs 11.22 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company’s net consolidated total income stood at

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Controversy Erupts Over Muda’s 50:50 Site-Sharing Scheme During Board Meeting, ET RealEstate

[ad_1] Representative image MYSURU: The controversial 50:50 site-sharing scheme of Mysore Urban Development Authority (Muda) caused a stir at Muda’s board meeting, which was held after 14 months on Thursday. Some members urged Mysuru DC G Lakshikanth Reddy, who is the MUDA chairman, to fully cancel the allotment of sites under the scheme between 2020

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Embassy REIT appoints Ritwik Bhattacharjee as interim CEO, ET RealEstate

[ad_1] NEW DELHI: The board of directors of Embassy Office Parks Management Services (EOPMSPL), manager to Embassy Office Parks REIT (Embassy REIT), have appointed Ritwik Bhattacharjee as its interim chief executive officer (CEO) with immediate effect. Bhattacharjee last held the position of chief investment officer in the company. The moves comes after Sebi‘s recent order

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GDA Records ₹58 Crore Revenue with 23 Plot Auctions in a Day, ET RealEstate

[ad_1] Representayive image GHAZIABAD: GDA managed the highest single-day revenue collection in recent memory — mopping up Rs 58 crore from the auction of properties in various housing schemes, including Indirapuram Extension. “The development authority auctioned 23 properties on Wednesday, primarily residential plots. A maximum of 14 plots were auctioned under the Karpuripuram housing scheme,

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Brookfield India REIT’s net operating income up 40% to Rs 486 crore in Q2 FY25, ET RealEstate

[ad_1] NEW DELHI: Brookfield India Real Estate Trust on Thursday reported a 40 per cent increase in net operating income to Rs 485.8 crore for the September quarter and announced plans to raise up to Rs 3,500 crore through issue of units to institutional investors to reduce debt as well as to fund future growth.

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BBMP Halts Khata Certifications for Illegal Layouts in Bengaluru, ET RealEstate

[ad_1] File photo BENGALURU: BBMP has stopped issuing A or B khata certificates for individual sites in layouts lacking official approval from planning bodies. The move comes in the wake of a directive from BDA to this effect, aimed at checking the spread of unauthorized layouts. It’s a step towards enforcing stricter regulations and ensuring

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