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  • Assetz Group eyes IPO within a year: CEO Akshay Dewani

    Dewani noted that the developer is on track to nearly double last year’s performance.

  • Brigade Enterprises to develop office, 5-star hotel on 7-acre OMR site in Chennai

    Brigade Enterprises to develop office, 5-star hotel on 7-acre OMR site in Chennai

    The project is designed to meet the growing demand for premium commercial infrastructure and hospitality in Chennai’s IT and innovation hub.

  • Real estate developers in Maharashtra can advertise completed projects without citing RERA registration number. Here’s how

    Real estate developers in Maharashtra can advertise completed projects without citing RERA registration number. Here’s how

    That’s possible, provided the projects advertised are completed and have received an occupation certificate from the authorities.

  • Homebuyers at Shapoorji Pallonji project hit Twitter over delay in construction

    Homebuyers at Shapoorji Pallonji project hit Twitter over delay in construction

    Started by Nirmal Lifestyle in 2009, the project stalled, and was sold off to Ricardo Constructions of Shapoorji Pallnji in 2019. The latter promised possession by 2021, but failed to do so.

  • Maharashtra govt to frame policy on stalled real estate projects, gives push to self-redevelopment

    Maharashtra govt to frame policy on stalled real estate projects, gives push to self-redevelopment

    Single window will be created in Mumbai for self-redevelopment, and applications will be processed within three months. Meanwhile, NAREDCO Maharashtra has welcomed the move by the govt.

  • MC Exclusive: MahaRERA may suspend registration of over 500 projects for non-compliance

    MC Exclusive: MahaRERA may suspend registration of over 500 projects for non-compliance

    According to the Maharashtra Real Estate Regulatory Authority, more than 500 projects registered in January 2023 have not uploaded quarterly progress reports

  • Chintels Paradiso case: Gurugram administration directs developer to settle residents' compensation claims in four months

    Chintels Paradiso case: Gurugram administration directs developer to settle residents' compensation claims in four months

    The developer has agreed to reimburse homeowners the cost incurred on interiors as well, besides Rs 6,500 psf, and the stamp duty.

  • MahaRERA revokes registration of 15 real estate projects near Mumbai for 'fabricating documents'

    MahaRERA revokes registration of 15 real estate projects near Mumbai for 'fabricating documents'

    The projects are mostly in the affordable residential housing segment, with the unit price varying between Rs 30 lakh and Rs 60 lakh.

  • Mumbai civic body extends instalment facility for premium payment by developers until 2025

    Mumbai civic body extends instalment facility for premium payment by developers until 2025

    Around Rs 150 crore is outstanding from defaulting developers for which the BMC plans to give one last chance for repayment with 12.5 percent interest

  • Interim resolution professional appointed for CHD Developers

    Interim resolution professional appointed for CHD Developers

    The case was filed by homebuyers of CHD Vann residential project in Sector 71.

  • MahaRERA order to allow developers to cut over 2% amount from buyers in booking cancellation

    MahaRERA order to allow developers to cut over 2% amount from buyers in booking cancellation

    Earlier, the deduction in case of cancellation of booking by home buyer was capped at 2% by MahaRERA.

  • Gurugram-based developer JMS gets notice for unauthorised sale of affordable plots

    Gurugram-based developer JMS gets notice for unauthorised sale of affordable plots

    The DTCP asked the developer to submit its written reply and appear before the DTCP Gurugram office by August 19.

  • Nisus Finance invests Rs 60 crore in EON Group's Mumbai real estate project

    Nisus Finance invests Rs 60 crore in EON Group's Mumbai real estate project

    The project has a land area of around 3043.5 sq metres and a saleable area of around 1.5 lakh sq feet.

  • DTCP withdraws order blacklisting Mahira Buildtech, Czar Buildwell after flats worth Rs 46 crore offered as mortgage guarantee

    DTCP withdraws order blacklisting Mahira Buildtech, Czar Buildwell after flats worth Rs 46 crore offered as mortgage guarantee

    Mahira Group has submitted the mortgage deed and the same has been registered with the Gurugram sub-registrar, the order stated

  • Gulshan Group to scout for more stuck projects after completing two projects of Jaiprakash Associates: Deepak Kapoor

    Gulshan Group to scout for more stuck projects after completing two projects of Jaiprakash Associates: Deepak Kapoor

    The Gulshan Group will complete 113 flats of Boomerang Residencies and 305 flats of Kristal Court in Sector 128 of Noida, both Jaiprakash Associates projects. Existing buyers in these projects will be offered a settlement with interest if they choose to shift to another project of the Gulshan group.

  • Mahira homebuyers in Gurugram demand delivery of flats before Diwali

    Mahira homebuyers in Gurugram demand delivery of flats before Diwali

    The project was stalled after the developer’s licence was cancelled for allegedly submitting forged documents, leaving buyers stranded.

  • Gurugram STP writes to DTCP requesting change in payment plan for Mahira Group

    Gurugram STP writes to DTCP requesting change in payment plan for Mahira Group

    On May 17, 2022, the Department of Town and Country Planning had blacklisted Mahira Buildtech and Czar Buildwell, accusing them of submitting fabricated bank guarantees and forged signatures of bank officials.

  • With monsoon around the corner, Gurugram's Esencia residents rue lack of infrastructure; demand FIR against Ansals

    With monsoon around the corner, Gurugram's Esencia residents rue lack of infrastructure; demand FIR against Ansals

    On June 26, around 150 residents of Ansal Esencia held a protest against the developer, alleging a lack of amenities, including a ban on registry and non-issuance of new power connections

  • Applications called for safety audit of multi-storey buildings in Gurugram

    Applications called for safety audit of multi-storey buildings in Gurugram

    The Gurugram District Town Planner Enforcement said a list of 60 to 70 societies is being finalised and the process of empanelment wll be completed within 15 days of receiving the applications. The last day for sending the applications is July 12

  • PS Group to invest Rs 250 crore for Patna shopping mall; Rs 1,812 crore for residential projects in Kolkata

    PS Group to invest Rs 250 crore for Patna shopping mall; Rs 1,812 crore for residential projects in Kolkata

    The shopping mall having commercial space of around five lakh sq ft will be PS Group's first project in Bihar.

  • Maharashtra government gets 2.4K applications from housing societies for deemed conveyance amid COVID-19, clears 92% applications

    Maharashtra government gets 2.4K applications from housing societies for deemed conveyance amid COVID-19, clears 92% applications

    Housing societies should approach authorities, if developer fails to transfer conveyance deed in name of society after four months of registering the housing society, says Maharashtra government.

  • Gurugram STP writes to DTCP Chandigarh seeking Rs 25 lakh for evaluation of completion cost of Mahira Infratech’s Sector 68 project

    Gurugram STP writes to DTCP Chandigarh seeking Rs 25 lakh for evaluation of completion cost of Mahira Infratech’s Sector 68 project

    District Town Planner (Enforcement) RS Batth said the Deputy Commissioner has deputed him as the Duty Magistrate to take possession of the Mahira 68 land.

  • Arete Group to invest over Rs 100 crore on residential, commercial projects in Gujarat

    Arete Group to invest over Rs 100 crore on residential, commercial projects in Gujarat

    The residential project will offer affordable housing units; The group also plans to start construction of a mall-cum-high street next year.

  • Max Estates acquires 10 acres of mixed-use residential land parcel in Noida for Rs 306 crore

    Max Estates acquires 10 acres of mixed-use residential land parcel in Noida for Rs 306 crore

    Accord Hotels and Resorts holds a fully paid up land parcel of around 10 acres in Sector 128, Noida.

  • Mahira to complete Sector 68 project if it gets stay on order cancelling its licence: Senior Gurugram Town Planner

    Mahira to complete Sector 68 project if it gets stay on order cancelling its licence: Senior Gurugram Town Planner

    Mahira Group is hopeful of getting a stay on the order, and is willing complete the project by May 31, 2023.

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