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Monthly Archives: July 2019

Alcon Stylus residents can seek relief under MahaRERA ...

The compound wall of Alcon Stylus collapsed last week killing over 15 construction workers living in makeshift shelters in an adjacent plot. PUNE: Residents of Alcon Stylus in Kondwa can seek relief under MahaRERA for faulty construction of compound wall. The compound wall of Alcon Stylus collapsed last week killing over 15 construction workers living in makeshift shelters in an adjacent plot. According to the MahaRERA website, the …

Lt Governor launches Delhi RERA portal

“Launched official portal of RERA, Delhi (https://rera.delhi.gov.in ). The website will help promote transparency & accountability in real estate sector. NEW DELHI: Lt Governor Anil Baijal Monday launched the official portal of RERA Delhi and saying it will promote transparency and accountability in the real estate sector. The Government of India has implemented the Real Estate (Regulation and Development) Act 2016, RERA, to check malpractices …

OYO Hotels & Homes acquires co-working firm Innov...

As part of the acquisition, OYO will also onboard an estimated 150 Innov8 employees on to its rolls. BENGALURU / NEW DELHI: OYO Hotels & Homes has formally announced its acquisition of co-working venture Innov8, while also stating that the SoftBank-backed hospitality chain was planning to expand the business to 50 centres by the end of the current calendar year. The transaction, news of which …

Chandigarh administration to reconsider high prices of...

The CHB through a public notice had asked all successful applicants of the scheme to give their consent within 21 days for payment in five instalments with applicable interest. CHANDIGARH: The UT administration has decided to reconsider the high prices of flats under the UT Employees Self Finance Housing Scheme 2008 following opposition by employees, The Chandigarh Housing Board (CHB) had finalized a price of Rs …

EOW-Pune propose to attach 25 more properties of DS Ku...

The fraud refers to siphoning off funds raised through depositors, loans from financial institutions, debentures and money collected from homebuyers in various DSK housing projects. PUNE: The economic offences wing of the Pune police has moved a fresh proposal to the state government for attaching 25 newly identified properties of developer D S Kulkarni alias DSK, his relatives and group of companies in the alleged …

South Delhi colonies wrecked by commercialisation may ...

Pankaj Agarwal of the Safdarjung Enclave RWA said this was a double whammy for the residents who are already suffering due to increased congestion, pollution and stress on civic infrastructure. NEW DELHI: Should commercial and mixed land use streets in residential areas be considered a positive change and lead to upgrading the category of a colony for levying more property tax? The Municipal Valuation Committee-4 …

Lt Governor launches Delhi RERA portal

“Launched official portal of RERA, Delhi (https://rera.delhi.gov.in ). The website will help promote transparency & accountability in real estate sector. NEW DELHI: Lt Governor Anil Baijal Monday launched the official portal of RERA Delhi and saying it will promote transparency and accountability in the real estate sector. The Government of India has implemented the Real Estate (Regulation and Development) Act 2016, RERA, to check malpractices in …

Reliance home finance extends Rs 400 crore NCD maturit...

According to the company, extension of maturities by mutual consent is a recognised global practice to deal with severe dislocations in capital markets, and does not in any sense constitute a default. MUMBAI: Housing finance company Reliance Home Finance Ltd on saturday said the maturity of certain non-convertible debentures (NCD) totalling Rs 400 crore has been extended till October 31. In a statement issued here, the company said …

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