Puravankara Group, a Bengaluru-based real estate developer, has announced plans to develop 4.2 million sq ft of residential projects in Chennai and Coimbatore by the first quarter of FY25, according …
Real Estate
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Real Estate
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Real Estate
SEBI Issues Demand Notices to Former DHFL Promoters for Violating Disclosure Rules; Warns of Arrest and Asset Attachment
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has issued demand notices to Dheeraj Wadhawan and Kapil Wadhawan, former promoters of Dewan Housing Finance Corp Ltd …
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Real Estate
Edelweiss Special Opportunities Fund Extends Rs 350 Crore Debt Facility to Adarsh Developers’ Entity for Project Completion and Debt Repayment
Edelweiss Special Opportunities Fund has extended a Rs 350 crore debt facility to Shreshta Infra Projects Pvt Ltd, a Bengaluru-based real estate company affiliated with Adarsh Developers. The funds will …
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Real Estate
MahaRERA Implements ‘One Stand-alone Project, One MahaRERA Number’ Policy to Curb Homebuyer Cheating
The Maharashtra Real Estate Regulatory Authority (MahaRERA) announced on January 17 the enforcement of a ‘one stand-alone project, one MahaRERA number’ policy to combat instances of developers obtaining multiple registration …
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Real Estate
Lookout Notice Issued Against Supreme Constructions and Partners Amidst Cheating Allegations by Flat Buyers
A lookout notice has been issued by the police against builder Lalit Tekchandani and his associates in response to allegations of cheating and forgery made by flat buyers who claim …
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Real Estate
Oscar Properties of Sweden Sells Real Estate at a 27% Discount, Valued at $214 Million, to Repay Loans Amid Financial Struggles
Swedish real estate firm Oscar Properties has reluctantly agreed to sell properties at a discounted price of 2.2 billion Swedish crowns ($214 million) in an effort to repay loans from …
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Real Estate
Omaxe Successfully Repays Rs 440 Crore Loan, Secures Rs 450 Crore Assistance from Kotak Mahindra Bank
Real estate developer Omaxe has successfully concluded the early repayment of a Rs 440-crore loan from Credit Solution India Trust (Varde Partners) by securing a fresh financial assistance of Rs …
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In the heart of Uttar Pradesh, the Yamuna Expressway Industrial Development Authority (YEIDA) has unfurled a captivating tale with the introduction of a scheme offering eight mixed-land-use plots. This narrative …
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The Reserve Bank of India (RBI) has put forth proposals to tighten regulations for housing finance companies (HFCs), focusing on aspects such as maturity periods for public deposits and enhanced …
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The Adani group announced on Monday its commitment to provide eligible residents of Dharavi slum clusters with new flats measuring 350 sq ft. Engaging in the redevelopment of Dharavi slums …