Three Men Cheat Property Buyers of ₹1 Crore Posing as Orris Infrastructure Agents, ET RealEstate

[ad_1] Representative image GURUGRAM: Three men have been charged with cheating after they allegedly cheated property buyers of Rs 1 crore by posing as real estate company sales representatives. The fraudsters posed as agents of Orris Infrastructure and sold some plots on behalf of the company. This came to light after Puneet Sain, the company’s…

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Corruption and Building Rule Violations Expose Kochi Corporation Officials, ET RealEstate

[ad_1] Representative image KOCHI: Allegations of serious violations of building rules and corruption have rocked Kochi corporation. A revenue officer was suspended and a probe ordered into five different cases of alleged building rule violations and charges of bribery on Wednesday. Corporation councillors, in the council meeting held on Wednesday, alleged that some officials are…

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Buyers struggle as Karnataka apartment ownership act enactment gets delayed, ET RealEstate

[ad_1] Representative image The delay in enacting the Karnataka Apartment Ownership Act has been causing a lot of problems for homebuyers. The proposed new Act is expected to benefit homebuyers who are facing problems in forming associations and getting the rights on common areas transferred from promoters to flat owners’ associations. Forming associations is the…

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Yeida Hi-Tech Township Near Jewar Airport Attracts Over 34,000 Registrations, ET RealEstate

[ad_1] Representative image LUCKNOW: Over 34,000 people registered for YEIDA‘s hi-tech township coming up near the Jewar International Airport, an official spokesperson said on Thursday. “This ambitious project is situated in Sector-24A of Noida, which is one kilometre from the International Film City, 500 metres from the Yamuna Expressway, and close to the MotoGP track….

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Lucknow Mandates Rooftop Solar Panels for Residential Plots Over 1,000 Sqft, ET RealEstate

[ad_1] Representative image LUCKNOW: In a move to promote renewable energy, the Lucknow Development Authority (LDA) revised its solar panel installation guidelines. During its 183rd board meeting held on Wednesday, the LDA made it mandatory for all residential properties with a plot size of 1,000 square feet or more to install rooftop solar panels under…

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Rajasthan Unveils Incentives for M-Sand Units to Protect Rivers and Boost Economy, ET RealEstate

[ad_1] Representative image JAIPUR: To encourage usage of manufactured sand (M-Sand) and reduce pressure on the state’s riverbeds from sand mining, the state govt will offer several incentives to establish M-Sand units. The draft policy was approved in a recent cabinet meeting and is set to be launched on Dec 4. An official said, the…

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Ventive Hospitality receives Sebi’s approval for Rs 2,000 crore IPO, ET RealEstate

[ad_1] Representative image Ventive Hospitality Limited, the hospitality division of the Panschil Group, which is supported by Blackstone, has received regulatory approval from the Securities and Exchange Board of India (SEBI)for an initial public offering (IPO) valued at ₹2,000 crore. This IPO will feature a fresh issuance of equity shares, each with a face value…

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Norway government eases loan-to-value mortgage limit to 90%, Real Estate News, ET RealEstate

[ad_1] Representative image OSLO: The Norwegian government will ease its loan-to-value restriction on mortgage lending, the finance ministry said on Wednesday, loosening a policy that had constrained borrowing and led to a decline in the construction of new homes. The revised rule set a maximum loan-to-value mortgage ratio of 90%, up from 85% previously, requiring…

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Companies News Today Live Updates on December 6, 2024: EQT keen to tap Indian wealthy: Jean Eric Salata

[ad_1] Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations. Whether you’re an investor, a…

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