Five FIRs filed against Ansal API in land scam case in Lucknow

In these FIRs, the victims alleged a fraud valuing more than Rs 50 lakh in the name of providing them plots, flats and shops. The police said further legal action would be taken based on cross-verification of allegations and evidence against the accused.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/QqOuGFa
via IFTTT

MahaRERA mandates prominent display of registration details in housing advertisements

The circular, issued on April 8, requires all housing advertisements to feature MahaRERA registration number, website address and project-specific QR code in a font size equal to or larger than the project's contact information.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/4HVrFJk
via IFTTT

Smartworks, Table Space to lease over two million sq ft in Delhi & Mumbai

While Table Space is in the final stages to sign around 500,000 sq ft across three centres with DLF and Godrej in Gurgaon and with Bharti at Aerocity, Smartworks is in talks with Tata Realty and Hiranandani in Mumbai.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/N6kvu8I
via IFTTT

hBits gets SEBI's nod to launch its SM REIT

The company plans to launch its maiden SM REIT IPO by June. Over the next few weeks, hBits will also migrate its existing portfolio of commercial properties into the SM REIT structure.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/oUCmDqs
via IFTTT

Godrej Properties' booking value grows 31% to ₹29.444 crore in FY25

This was achieved through the sale of 15,302 homes with a total area of 25.73 million sq ft, a year-on-year volume growth of 29 per cent.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/74QaPUd
via IFTTT

Uttar Pradesh government forms committee to complete Jaypee projects

This follows the Allahabad high court's March 10 order, upholding the Authority's 2020 decision to cancel the allotment of 1,000 hectares of land along the Yamuna Expressway to JAL over unpaid dues.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/UocKYFN
via IFTTT

HoABL files police complaint over forgery allegations by Macrotech Developers

The listed company last week accused HoABL of fabricating documents to unlawfully exploit the 'Lodha' brand and registered trademark.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/0PJ1vya
via IFTTT

Adani, Vedanta, Patanjali among 26 in fray to acquire Jaiprakash Associates

Others who showed interest in acquiring Jaiprakash Associates Ltd (JAL), currently under insolvency proceedings initiated to recover defaulted loans, include Ahmedabad-based Torrent Group, Jindal Power, Dalmia Cement, GRM Business, Oberoi Realty and Kotak Alternate Asset Managers Ltd, according to a filing by the company to stock exchanges.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/TCPWyfq
via IFTTT

After 10 year delay, Unitech set to restart work on six projects in Gurugram

The six projects — Alder Grove Villas, Espace Premiere Villas, Exquisite Group Housing, Nirvana Country-2 Plots, The Willows Plots and Nirvana Courtyard-2 (commercial) — were launched in 2009 but came to a halt in 2014 due to regulatory hurdles and severe financial distress.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/4TlkIif
via IFTTT

Adani Group buys land parcel in South Mumbai's Carmichael Road for Rs 170 crore

The land parcel, which is among the rare large freehold plots available in the highly sought-after neighbourhood, currently houses an old residential cottage spread over 2,760 sq ft. The acquisition has been executed through Adani Group subsidiary, Mah-Hill Properties.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/UKfLzaN
via IFTTT

Subhash Ghai sells two apartments in Mumbai for ₹11.61 crore

Ghai sold both apartments for ₹5.80 crore each, with each flat having a carpet area of 889 sq ft (82.59 sq meters) and a built-up area of 1,067 sq ft (99.14 sq meters).

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/sT8pLjc
via IFTTT

ChrysCapital partner, his wife buy Delhi bungalow for Rs 155 crore

The family has paid Rs 9.3 crore in stamp duty and corporation tax for the property, documents accessed through CRE Matrix, a real estate data analytics firm, showed.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/w948TmE
via IFTTT

Macrotech Developers alleges use of 'fabricated documents' by HoABL to use Lodha brand

In a statement issued later, HoABL denied the allegations of forgery and fraud, and said it will come back with a detailed response.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/x8nK6lN
via IFTTT

Uttar Pradesh government extends two-year zero-period benefit to 15 builders

The waiver is among the several recommendations proposed by a UP govt panel, led by former NITI Aayog CEO Amitabh Kant, to address stalled real estate projects in Noida.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/pcdMlLW
via IFTTT

ED attaches Rs 395 crore assets of Three C Shelters, promoters in Gurugram

Additionally, equity shares worth Rs 108 crore in G4S Secure Solutions (India) Pvt Ltd — linked to another promoter Vidur Bharadwaj — have also been attached by ED's zonal office.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/2B9DKqI
via IFTTT

Mumbai-based Runwal Enterprises files DRHP for ₹1,000 crore IPO

Runwal Enterprises may consider a pre-IPO placement of specified securities, aggregating to ₹200 crore as pre-IPO placement shall not exceed 20% of the size of the fresh issue. If such placement is completed, the fresh issue size will be reduced.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/QGUdSXL
via IFTTT