ED attaches Rs 121.80 crore assets in money laundering case of Neomax Properties, ET RealEstate

[ad_1] representative image NEW DELHI: The Enforcement Directorate (ED) has attached movable and immovable properties in various places across Tamil Nadu valued at Rs 121.80 crore in the case of Neomax Properties Private Ltd and its group companies. These properties were attached on April 9 under the provisions of the Prevention of Money Laundering Act…

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US President’s tariffs raise concerns across leasing and investments in India’s realty sector, ET RealEstate

[ad_1] representative image US President Donald Trump’s tariff fury is upheaving India’s realty sector, sparking fresh concerns around office leasing, GCC expansions, institutional investments, and homebuyer sentiment. While services have been spared for the moment, helping keep demand steady in cities like Bengaluru and Mumbai, the uncertainty is making developers, investors and companies tread more…

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Property values in London’s Canary Wharf stabilise after pandemic, ET RealEstate

[ad_1] representative image LONDON: Property values in London‘s Canary Wharf financial district were roughly stable at about 6.8 billion pounds ($9 billion) last year, after declining by 15% in 2023 after the pandemic drove down office prices. The east London district is trying to revive its fortunes by diversifying its tenant mix with more homes,…

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Homebuyers have the right to protest peacefully against builders: SC, ET RealEstate

[ad_1] representative image The Supreme Court on Thursday held homebuyers have a right to protest peacefully against builders for their grievances and it doesn’t amount to defamation. A bench of Justices K V Viswanathan and N Kotiswar Singh said any attempt to portray it as a criminal offence, sans necessary ingredients, would be a clear…

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LIC Housing Finance appoints Lokesh Mundhra as CFO, Real Estate News, ET RealEstate

[ad_1] representative image NEW DELHI: LIC Housing Finance has appointed Lokesh Mundhra as Chief Financial Officer (CFO) effective Thursday. In a regulatory filing, LIC Housing Finance said Sudipto Sil, who was serving as CFO, has been transferred and redesignated as Marketing Head of Western Region at Mumbai with effect from April 17, 2025. “The Board…

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Aurika Residences to invest Rs 100 crore to build hospitality project in Ayodhya, ET RealEstate

[ad_1] representative image NEW DELHI: Realty firm Aurika Residences Pvt Ltd will invest Rs 100 crore to develop a hospitality project in Ayodhya, Uttar Pradesh. The company will develop 150 serviced suites as well as 16,500 square feet of retail space in its new project in Ayodhya. “We are coming up with a hospitality project…

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Single-family housing starts in US drop 14.2% to 940,000 units in March, ET RealEstate

[ad_1] representative image WASHINGTON: U.S. single-family homebuilding plunged to an eight-month low in March and could decline further as tariffs on imported materials raise costs and offset declining mortgage rates. Single-family housing starts, which account for the bulk of homebuilding, dropped 14.2% to a seasonally adjusted annual rate of 940,000 units last month, the lowest…

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Panchayat raj department gives nod to industrial parks in Telangana villages, ET RealEstate

[ad_1] representative image HYDERABAD: Soon, villages in Telangana will witness a transformation with the establishment of industrial parks on a par with those found in urban areas. The panchayat raj department has given its nod to a proposal from the Industrial Area Development Authority (IADA) to create these parks in rural settings. In the first…

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