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PNB Housing shareholders meeting’s outcome contingent upon SAT order next month, Real Estate News, ET RealEstate

NEW DELHI: PNB Housing Finance on Wednesday said it will disclose the outcome of shareholders’ meeting held a day earlier — on Rs 4,000 crore capital infusion led by Carlyle Group — in accordance with the order of the Securities Appellate Tribunal next month. The company moved the tribunal on Monday after the capital markets […]

PNB Housing shareholders meeting’s outcome contingent upon SAT order next month, Real Estate News, ET RealEstate Read More »

Greater Noida development body to acquire over 550 hectares for industrial development, Real Estate News, ET RealEstate

GREATER NOIDA: The Greater Noida Authority will acquire over 550 hectares of farmland in the city for industrial development. In the first phase, 12 villages have been earmarked from where the land will be acquired from farmers at a mutually agreed rate of Rs 3,500 per sqm, officials said. Overall, 900 hectares were notified for

Greater Noida development body to acquire over 550 hectares for industrial development, Real Estate News, ET RealEstate Read More »

Ulhasnagar civic body orders 50 buildings to conduct structural audit or vacate in 15 days, Real Estate News

ULHASNAGAR (TECHNO NEWS): The Ulhasnagar Municipal Corporation has given an ultimatum to residents of 50 buildings that came up in 1994-1995 to carry out a structural audit in 15 days, failing which they will be forcibly shifted. The decision was taken after two building crashes – that of Sai Shakti on Friday night and Mohini

Ulhasnagar civic body orders 50 buildings to conduct structural audit or vacate in 15 days, Real Estate News Read More »

Simon Property’s lease income fell 9.3% to $1.15 billion in Q1 2021, Real Estate News

BENGALURU: Simon Property Group Inc reported better-than-expected quarterly results on Monday, as the largest U.S. mall operator benefited from the return of pandemic-weary shoppers to brick-and-mortar stores. The rollout of COVID-19 vaccines, easing restrictions and new rounds of government stimulus have boosted mall traffic, helping Simon rebound from a coronavirus-driven downturn in 2020 when many

Simon Property’s lease income fell 9.3% to $1.15 billion in Q1 2021, Real Estate News Read More »

Home prices in Australia continue to climb pace slows a touch in April, Real Estate News

SYDNEY: Australian home prices posted another solid increase in April though the pace of ascent slowed a little as affordability became a bigger problem as houses moved beyond the reach of many buyers. Data from property consultant CoreLogic out on Monday showed national home prices climbed 1.8% in April, after a 2.8% jump in March

Home prices in Australia continue to climb pace slows a touch in April, Real Estate News Read More »

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