Of 29,374 complaints filed so far, 7,310 remain pending, prompting calls from homebuyers, legal experts, and activists for faster redressal and stricter enforcement of orders. Source link...
Based on complaints of construction consultant Bharat Patel, Dindoshi police booked Shah and others for cheating, misappropriation of funds, and criminal conspiracy. Source link...
The home buyers said that KRERA made them sign settlement agreements to get the flats by September 2024, but the builder failed to deliver the flats to the home buyers who have already paid 90 per cent of the amount. Source link...
South City Mall was developed by South City Projects (Kolkata), a consortium of Merlin Group, Emami Group, Sachi Group, Surekha Group, JB Group and Rameswara Group and launched in January 2008. Source link...
Knowledge Realty Trust (KRT), backed by Blackstone and Sattva Developers, raised ₹1,400 crore in a landmark pre-IPO placement. This marks India’s first such REIT fundraising, with participation from HNIs and family offices ahead of its ₹6,200 crore IPO. Source link...
Lodha Developers has acquired 945 apartments in Mankhurd for Rs 567 crore to meet its slum rehabilitation commitments in Vikhroli. This significant SRA-linked asset transfer highlights the growing trend of offsite PTC fulfilment in Mumbai. Source link...
The money laundering case stems from multiple Uttar Pradesh Police (Noida) FIRs filed in 2015 against Bhasin Infotech and Infrastructure, Grand Venice group entities, Bhasin, Quincy Bhasin and others on charges of cheating, fraud and criminal conspiracy. Source link...
The Kamathipura area, spread across 34 acres in South Mumbai, includes approximately 943 cess buildings in lanes 1 to 15, with around 6625 residential and 1376 non-residential tenants/residents, totaling 8,001. Source link...
It set aside a consumer court order directing the Greater Mohali Area Development Authority to reimburse the interest paid by a homebuyer to a bank on home loan in addition to refunding the principal amount with 8% interest. Source link...
Blackstone has secured CCI approval for a ₹1,167 crore investment in Kolte-Patil Developers through preferential allotment and secondary share purchase. This deal involves Blackstone acquiring a 40% stake, potentially rising to 66% after an open offer. Source link...