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Protest in Mangaluru Highlights Urgent Needs, ET RealEstate

[ad_1] Representative image MANGALURU: Members of the Karnataka State Building and Other Construction Workers Federation, Dakshina Kannada district committee, staged a protest outside Mini Vidhana Soudha in Mangaluru on Wednesday. They demanded that the central and state govts fulfil various national and state-level demands of construction workers. Committee district general secretary, Yogesh Jappinamogaru, called on […]

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Punjab housing department issues clearance certificates to 51 builders, ET RealEstate

[ad_1] Representative image CHANDIGARH: Punjab housing and urban development department on Wednesday organised “first its kind” camp to issue clearance certificates related to real estate to 51 colonizers. Housing and urban development minister Hardeep Singh Mundian and chief secretary KAP Sinha handed over colony licences, completion certificates, partial completion certificates, letters of intent, zoning plans,

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Builder Pushback Against AMC’s Controversial CCTV Regulations for Construction Sites, ET RealEstate

[ad_1] Representative image AHMEDABAD: The civic body’s mandate for builders to install CCTV cameras at large construction sites to monitor dust emissions has reached a stalemate, with builders raising concerns over privacy. Under AMC‘s ‘Good Construction Practices’ to reduce air pollution, sites over 10,000 sq m were directed to install CCTV cameras and air quality

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Oberoi Realty raises Rs 1,500 crore through issuance of non-convertible debentures, ET RealEstate

[ad_1] NEW DELHI: The operations committee of the board of directors of Oberoi Realty approved issuance of non-convertible debentures of an aggregate amount of upto Rs 1,500 crore on private placement basis, the company informed in a BSE filing. As security, first ranking pari passu charge on the rights, title and interest of the company

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Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on November 25, ET RealEstate

[ad_1] Representative image NEW DELHI: Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under

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Authum, Kotak, others file initial bids for Lavasa Corporation, ET RealEstate

[ad_1] Representative image MUMBAI: Authum Investment & Infrastructure, a New Delhi-based Dickey Alternate Investment Trust (DHFIN group), Kotak Mahindra Group‘s Kotak Alternate Asset Managers (KAAM), Pune-based real estate advisory company EFC along with TCC, Navi Mumbai-based Aurum Facility Management and New Delhi-based Jindal India Powertech have expressed initial interest in submitting a resolution plan for

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Bhaane Retail buys South Mumbai’s Rhythm House through insolvency auction, ET RealEstate

[ad_1] File photo Rhythm House, the iconic music store in South Mumbai’s cultural and heritage precinct Kala Ghoda, has found a new owner. Bhaane Retail, a subsidiary of Shahi Exports, India’s largest apparel manufacturer, has emerged as the highest bidder for the property in an insolvency auction with a Rs 30-crore offer. A cultural landmark

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Muda Set to Resume Site Auctions After Year-long Hiatus Amidst Ongoing Investigations, ET RealEstate

[ad_1] Representative image MYSURU: The Mysore Urban Development Authority (Muda), which suspended the auctioning of sites for the past year, is poised to recommence the bidding process for corner and intermediate sites soon. This initiative serves as the primary revenue generator for the urban body. Muda, having acquired 14 sites relinquished by chief minister Siddaramaiah‘s

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Sebi to auction 15 properties of five companies on November 19, ET RealEstate

[ad_1] Representative image Capital markets regulator Sebi on Monday said it will auction 15 properties belonging to Mangalam Agro Products, Sumangal Industries and Falkon Industries India on November 19. The move is part of Sebi’s efforts to recover money collected by these companies from investors in violation of norms. Ravi Kiran Realty India and Purusattam

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Ahmedabad Contractor Faces Blacklisting for Failing to Build 1,190 Houses in Thaltej, ET RealEstate

[ad_1] Representative image AHMEDABAD: Six years ago, the housing projects department of the Ahmedabad Municipal Corporation (AMC) issued a work order to a company called Sanghani Infrastructure India Pvt Ltd, to build 1,190 houses in the Thaltej area. The company did not begin on-site work for a long time despite repeated notices from the AMC.

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