November 2024

[ad_1] Representative image INDORE: Property guideline in Indore has been increased for the second time in the current financial year at 469 existing locations and 111 new colonies out of a total of 5,325 locations in the district. “Indore district evaluation committee had sent a proposal to revise the guideline at 469 existing locations, along […]

[ad_1] Representative image GURUGRAM: After a delay of a year and a half, the department of town and country planning (DTCP) has finally started issuing occupation certificates (OCs) for stilt-plus-four-floor (S+4) buildings constructed without approved plans. The district town planner (planning) has so far received around 50 applications, of which 25 have been granted OCs,

[ad_1] NEW DELHI: TARC has reported net consolidated loss after tax of Rs 67.36 crore in the quarter ended September 30, 2024. It had registered profit after tax of Rs 1.06 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

[ad_1] Representative image INDORE: The Indore district administration launched a crackdown on illegal and unauthorised colonies by identifying around 100 cases and initiating legal actions against four colonisers. “Following a directive from collector Asheesh Singh, the administration’s revenue department diligently investigated complaints regarding illegal and unauthorised colonies. After a thorough examination of more than 100

[ad_1] NEW DELHI: Arvind SmartSpaces plans to raise Rs 400 crore by way of issue of equity shares through inter alia, preferential issue, qualified institutions placements, the company informed in a BSE filing. The board of directors of the company approved raising of funds by way of one or more public and/or private offerings and/or

[ad_1] Representaive image INDORE: District Level Evaluation Committee has received around two dozen suggestions, claims, and objections regarding the proposed hike in existing Collector’s guideline for property rates at 469 locations. The committee, which initiated the process as mid-term revision of the collector’s guideline, proposed increasing the guideline value for property in 469 locations across

[ad_1] Representative image CHENNAI: Getting clearances for buildings just got simpler with the state govt setting deadlines for 11 departments to issue no-objection certificates (NOCs). If a department misses the deadline (15 days for some, 30 for others), NOC will be deemed as given. Home buyers and developers welcomed the system that enables clearances through

[ad_1] MUMBAI: Real estate developers across the country have approached the government, raising concerns over a recent National Green Tribunal ruling that requires them to secure environmental clearances for projects from central authorities as against state agencies, saying the shift will delay projects and drive up operational costs. Until now, the State Environment Impact Assessment

[ad_1] NAGPUR: The Nagpur Municipal Corporation (NMC) achieved a major financial boost with the sale of a prime plot at the Orange City Street project, fetching Rs91 crore at a rate of approximately Rs19,240 per square foot (or Rs2,07,098 per square metre). Plot number four, measuring 4,294.05 square metres, attracted bids from two prominent builders,

[ad_1] NEW DELHI: Markets regulator Sebi has proposed allowing Real Estate Investment Trusts (REITs), Small and Medium REITs (SM REITs) and Infrastructure Investment Trusts (InvITs) to use interest rate derivatives for hedging risk. Also, the regulator has suggested approving locked-in units for REITs and InvITs to be transferred among sponsors and their groups, similar to