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Rana George, son of politician K J George, has bought a residential property for around Rs 35 crore in one of the most significant property transactions in Bengaluru in 2022. The property at Kingfisher Tower on Vittal Mallya Road is spread over 8321 sq ft and was bought from Rezwan Razack, one of the promoters […]
MUMBAI: Over two dozen flat owners who were duped of tens of thousands of rupees each by conmen posing as defense officers seeking apartments on online brokerages are yet to regain their money. This fraud, says the cyber police, started last year and there could already be hundreds of cases across the country, most of
Flat owners lick wounds as fake army officers invade bank accounts, Real Estate News Read More »
MYSURU: Faced with financial constraints, Mysuru Urban Development Authority is focused on mobilizing resources and has zeroed in on reclaiming its prime properties even as it auctions prime plots. In six months since its drive to generate money began, it has garnered Rs 533 crore. Muda has reclaimed over 54.25 acres of prime land and
In 6 Months, Muda Recovers Property Worth 533 Crore, Real Estate News Read More »
LUDHIANA: The MC house has rejected the resolution of taking over 18 colonies and schemes from Greater Ludhiana Development Authority (GLADA) for maintenance and development purpose in the MC general house meeting on Tuesday. The proposal was dropped when some of the councillors, who represent these localities, demanded for the same while saying that Glada
DEHRADUN: A site inspection by a team of the regional office of the Union ministry of environment and forests (MoEF) at the Lansdowne forest division, adjoining Corbett Tiger Reserve (CTR) has revealed the extent of illegal construction happening in and around the premier tiger reserve. The area lies next to the Pakhro range of CTR,
AHMEDABAD: A centrally assisted scheme to provide property cards to villagers by mapping their land using drone technology, has failed to take off in the state. Information provided by the central government says that no drone flying has been undertaken in any of the villages of Gujarat so far and hence, no property cards have
KOLKATA: The slow-paced land acquisition process is jeopardising the New Garia-Airport Metro project. The worst affected is work at New Garia station. Out of the total 20,180 square-metre land required for the station hub, 13,941sqm plot is yet to be acquired, causing massive time and cost overrun. In fact, a truncated Metro operation is scheduled
Land hurdle hits New Garia-Airport metro work, Real Estate News, ET RealEstate Read More »
HYDERABAD: It is not just private players that have bulldozed their way into the GO 111’s green zone, over the years. A quick scan of the 2016 official survey, conducted across the 84 villages, shows that there are at least 86 government institutions that have illegally made their way into this belt, protected by law
86 government buildings illegally built on GO 111 areas, Real Estate News, ET RealEstate Read More »
IDUKKI: Objecting to a plea from a resort group to use a multi-storey construction for commercial purposes Idukki collector Sheeba George submitted a report before the high court recently saying that it is in a landslide prone area. The revenue department had earlier issued a memo to stop the construction of the Madapparampil resort at
File Photo SHANGHAI: Bonds and shares of China Evergrande Group deepened their rout on Tuesday, with one exchange-traded note tumbling more than 20%, as the company faced fresh downgrades over its ability to restructure its massive debts. Debts at Evergrande, the country’s No. 2 developer, have triggered warnings from regulators worried that its 1.97 trillion
Representative Image HONG KONG: China’s biggest housing broker KE Holdings is planning a Hong Kong stock market listing and has hired Goldman Sachs to lead a float, two people with direct knowledge of the matter told Reuters. Beijing-based KE, which is backed by Tencent Holdings and SoftBank Group Corp, raised $2.1 billion in its New
Sources, Real Estate News, ET RealEstate Read More »
NAGPUR: A dispute between the city’s two planning authorities — Nagpur Municipal Corporation (NMC) and Nagpur Improvement Trust (NIT) — has prolonged the dreams of 317 families to construct houses on their hard-earned plots. There is no clarity whether the NMC or the NIT is the planning authority for land situated under green belt schemes.On