[ad_1] Representative image NEW DELHI: Capital markets regulator Sebi on Tuesday asked two entities to pay Rs 52 crore in penalties for failing to clear fines imposed in the case of illegal diversion of funds from Reliance Home Finance Ltd (RHFL). The regulator has warned these entities to attach assets and bank accounts if they…
[ad_1] Representative image NEW DELHI: Digital real estate platform Blox has acquired 11 per cent stake in real estate brokerage firm Guardians for USD 12 million. The company plans to increase its ownership to 50 per cent over the next three years, it said in a statement. “This acquisition solidifies Blox and Guardians as India’s…
[ad_1] Representative image GHAZIABAD: UP govt has asked development authorities to prepare a list of builders who have handed over flats to buyers on the basis of occupation certificates but without executing registries. This, officials said, has caused significant loss to the state exchequer in terms of stamp duty. Section 13 of the UP Apartment…
[ad_1] Representative image NEW DELHI: Industrial Investment Trust (IITL) is planning to launch a category I alternative investment fund (AIF) focused on the real estate sector with a target corpus of Rs 500 crore. The new AIF will focus on tier 1 and tier 2 cities. As on September 30, 2024, IITL’s investment portfolio stands…
[ad_1] Representative image NOIDA: The groundwater department conducted inspections of rainwater harvesting systems within residential societies across Noida and Greater Noida last week. The survey revealed that 140 of the 164 societies had non-functioning rainwater harvesting systems, while 10 societies lacked any such facilities. A mere 14 societies were found to have operational rainwater harvesting…
[ad_1] NEW DELHI: Finolex Cables (FCL) has reported a dip of 23.85 per cent in its net consolidated profit during the quarter ended September 30, 2024. Its profit after tax stood at Rs 117.89 crore in Q2 FY25 as against Rs 154.81 crore it registered in the corresponding quarter of the previous fiscal, the company…
[ad_1] NEW DELHI: Shree Cement has reported net consolidated profit after tax of Rs 76.64 crore in the quarter ended September 30, 2024. Its profit after tax stood at Rs 446.62 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company’s net consolidated total income stood at…
[ad_1] Representative image MUMBAI: BMC will create an online trading platform for Development Rights Certificates (DRC), akin to a stock exchange. All DRCs will be dematerialised and maintained in an electronic format. Once the electronic marketplace is established, citizens will be able to buy Transferable Development Rights (TDR) as an investment too. The creation of…
[ad_1] संबंधित बातम्या मुंबई, 9 जुलै : आता सगळीकडेच उंच-उंच इमारती बांधल्या जात आहे. कमी जागेत जास्तीत जास्त लोक राहावे, यासाठी उंच इमारतींना परवानगीही दिली जात आहे. तुम्ही देखील उंच इमारतीत घर खरेदीचा विचार करत असाल तर कोणत्या मजल्यावर घर घ्यायचं असा प्रश्न तुम्हाला नक्कीच पडला असेल. मात्र प्रत्येक मजल्यावर घर घेण्याचे फायदे तसेच तोटेही…
[ad_1] Representative image MUMBAI: The MahaRERA issued an order mandating the inclusion of a clause in the model form of agreement for sale, where the transaction is facilitated by a registered real estate agent, the agreement must document the commission, brokerage, charges, etc, which the promoter or allottee has agreed to pay the real estate…