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NEW DELHI: Tata Realty & Infrastructure (TRIL) has acquired entire equity share held by Actis TREIT Holdings No. 2 (Singapore) and 416 Listed NCDs held by Actis TREIT Holdings No. 1 (Singapore) in TRIL IT4 now called Intellion Square situated in Mumbai in an all cash deal, the company said in a media release. A […]
NEW DELHI: Walton Street BlackSoil Real Estate Debt Fund II has raised Rs 360 crore so far for financing middle-income housing projects in major cities. Walton Street BlackSoil Real Estate Debt Fund II (WSBREDF-II), with a target fund size of Rs 500 crore, has secured commitments of Rs 360 crores for its first closing, Walton
BENGALURU: A magistrate shouldn’t be swayed by a protest petition filed by a complainant, the high court observed while coming to the rescue of a property buyer in Udupi district during an auction held by Karnataka State Financial Corporation. Complainant BP Manjunath had challenged the police’s ‘B’ report by filing the protest petition, claiming purchaser
BENGALURU: Civic body BBMP has recorded a year-on-year increase of 9 per cent, or about Rs 170 crore, in property tax collection. It netted Rs 2,052 crore between April 1 and August 31 as against Rs 1,881 crore during the corresponding months last year. All eight zones have registered a rise. Yelahanka zone (24 per
Representative Image MUMBAI: The state cabinet was on Wednesday presented with the global warming report of the Intergovernmental Panel on Climate Change, with an overall focus on Maharashtra and an emphasis on its coastal belt, particularly Mumbai. Calling for mitigating measures, the environment department, while making the presentation, reiterated that if temperatures rise by 2-2.5
BEIJING: The Chinese government has said the cost of renting a home in cities should not rise by more than 5% a year – its first move to cap rental prices and part of efforts to provide more affordable housing.President Xi Jinping’s pledges to narrow wealth disparities with the goal of achieving so called “common
China moves to cap the cost of renting a home in cities, Real Estate News, ET RealEstate Read More »
WASHINGTON – White House officials are outlining plans to build and restore more than 2 million homes, a response to the volcanic rise in housing prices over the past year.Millions of Americans are getting priced out of ownership or stuck spending the bulk of their income on rent. The S&P CoreLogic Case-Shiller 20-city home price
File photo WASHINGTON: The U.S. Supreme Court on Thursday ended the pandemic-related federal moratorium on residential evictions imposed by President Joe Biden’s administration in a challenge to the policy brought by a coalition of landlords and real estate trade groups. The justices, who in June had left in place a prior ban that expired at
File photo NEW DELHI: The municipal corporation of Faridabad on Friday informed the Supreme Court that rehabilitation policy for those who were residing in Khori village, where authorities have undertaken demolition drive to remove all encroachments from Aravali forest area, has been finalised. The apex court was told by the counsel appearing for the civic
Faridabad civic body, Real Estate News, ET RealEstate Read More »
GHAZIABAD: Indirapuram Extension, once perceived to be the next big real estate destination in Ghaziabad, has been pared down further in size. Envisaged as a township spread over 240 acres in 2004, it was whittled down to 60 acres, and is now going to be only 12 acres.The reason is the Ghaziabad Development Authority’s (GDA)
Indirapuram Extension to be built on 12 acres only, Real Estate News, ET RealEstate Read More »
BENGALURU: Last week, the Karnataka government obtained clearance from Directorate General of Civil Aviation (DGCA) to use drones for conducting a survey of properties in Bengaluru as part of its ambitious but much-delayed Urban Property Ownership Records (UPOR).The government, as part of a pilot, will be covering at least 30,000 properties spread across Pattabhiramnagar (number
AMARAVATI: Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Monday directed officials to commence construction of houses in Jagananna colonies for beneficiaries who sought the option of government building for them from October 25.”Work of constructing houses for those who have chosen option three (the option to build houses by the government), should start