The projects will have total development area of more than 10 million sq ft and combined revenue potential of about ₹11,000 crore. Source link...
Real Estate
In these FIRs, the victims alleged a fraud valuing more than Rs 50 lakh in the name of providing them plots, flats and shops. The police said further legal action would be taken based on cross-verification of allegations and evidence against the accused. Source link...
The circular, issued on April 8, requires all housing advertisements to feature MahaRERA registration number, website address and project-specific QR code in a font size equal to or larger than the project's contact information. Source link...
While Table Space is in the final stages to sign around 500,000 sq ft across three centres with DLF and Godrej in Gurgaon and with Bharti at Aerocity, Smartworks is in talks with Tata Realty and Hiranandani in Mumbai. Source link...
The company plans to launch its maiden SM REIT IPO by June. Over the next few weeks, hBits will also migrate its existing portfolio of commercial properties into the SM REIT structure. Source link...
This was achieved through the sale of 15,302 homes with a total area of 25.73 million sq ft, a year-on-year volume growth of 29 per cent. Source link...
This follows the Allahabad high court's March 10 order, upholding the Authority's 2020 decision to cancel the allotment of 1,000 hectares of land along the Yamuna Expressway to JAL over unpaid dues. Source link...
The listed company last week accused HoABL of fabricating documents to unlawfully exploit the 'Lodha' brand and registered trademark. Source link...
Others who showed interest in acquiring Jaiprakash Associates Ltd (JAL), currently under insolvency proceedings initiated to recover defaulted loans, include Ahmedabad-based Torrent Group, Jindal Power, Dalmia Cement, GRM Business, Oberoi Realty and Kotak Alternate Asset Managers Ltd, according to a filing by the company to stock exchanges. Source link...
The six projects — Alder Grove Villas, Espace Premiere Villas, Exquisite Group Housing, Nirvana Country-2 Plots, The Willows Plots and Nirvana Courtyard-2 (commercial) — were launched in 2009 but came to a halt in 2014 due to regulatory hurdles and severe financial distress. Source link...