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Court sends Mahira Group's director to ED custody for five days
The Chhokers are being investigated by ED for allegedly siphoning off money collected from homebuyers for a real estate project in Gurgaon.
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New York Life Insurance Company invests Rs 388 crore in Max Estates' two SPVs
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Mindspace REIT posts net profit of Rs 127.10 crore in Q4 FY24
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UltraTech, JSW Cement, Nuvoco Vistas, others eye Vadraj Cement
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MahaRERA proposes to mandate developers to mention amenity details with deadlines
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Brookfield plans $10 billion investment in Indian real estate in 3-5 years
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Court summons Ansal Properties' managing director in criminal intimidation case
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Mahindra Lifespaces posts net profit of Rs 71.48 crore in Q4 FY24
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Embassy REIT posts net profit of Rs 2,834.14 million in Q4 FY24
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No attachment of properties under PMLA after acquittal in scheduled offence: Delhi HC
The Delhi High Court has held that no proceedings under the Prevention of Money Laundering Act (PMLA), including attachment of properties, can continue after the accused is acquitted in the predicate offence even if an appeal against it is pending.
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New condo in Mumbai's old neighbourhood combo deal commands highest price
In Mumbai, the real estate landscape is evolving with a shift towards modern amenities in new luxury condos. High prices in prime locations like Carmichael Road and Walkeshwar Road reflect the demand for upscale living in the city.
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Lenders seek RBI clearance to sell Jaiprakash Associates loan to NARCL
SBI-led lenders seek RBI approval to transfer JAL's ₹18,000 crore debt to NARCL for a ₹10,000 crore acquisition, impacting IBC processes and NCLT resolutions. Dalmia Cement offers ₹5,666 crore for JAL's units amid ongoing litigations.
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Kalpataru to redevelop four acre housing society in Mumbai
Kalpataru Ltd acquires rights for housing society redevelopment in Lokhandwala, Mumbai with significant revenue potential. Multiple redevelopment projects in progress in Mumbai suburbs. Market achieves record highs despite rising property prices.
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Noida authority files review plea in HC, says can't execute registry for Lotus flats
On Feb 29, an HC bench of justices Mahesh Chandra Tripathi and Prashant Kumar directed the Authority to grant an occupancy certificate and complete the registries in favour of the homebuyers of Lotus 300 within a month.
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Home prices in Australia rise by 0.6% in April: CoreLogic
For April, price gains were driven by a 2.0% jump in Perth and 1.3% increase in Adelaide, both more affordable markets. Prices in Sydney rose 0.4% while Melbourne dipped 0.1%.
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China Evergrande Group to delay 2023 annual results
Preparation of the financial statements of the company for the year ended Dec. 31, 2023, and the publication of the 2023 annual report have been delayed, the cash-strapped firm said in an exchange filing on Tuesday.
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Mangalam Cement's net profit up 10.63% in Q4 FY24
Mangalam Cement's net total income stood at Rs 456.48 crore in Q4 FY24, a dip of 1.92 per cent from Rs 465.42 crore it recorded in the similar quarter last year.
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Orient Cement's net profit increases by 1.22% in Q4 FY24
Orient Cement's net total income stood at Rs 895.53 crore in Q4 FY24, a growth of 1.66 per cent from Rs 880.88 crore it recorded in the similar quarter last year.
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Ambuja Cements posts net profit of Rs 1,525.78 crore in Q4 FY24
Ambuja Cements' net consolidated total income stood at Rs 9,127.45 crore in Q4 FY24, a growth of 10.63 per cent from Rs 8,250.45 crore it recorded in the similar quarter last year.
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Prayagraj civic body issues house tax bills with QR Code
The Municipal Corporation has emphasised on online payment of the tax. For this, the website of the corporation has also been upgraded. Apart from this, QR codes have been issued to building owners along with house tax bills.
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Aadhar Housing Finance's Rs 3,000-crore IPO to open on May 8
The IPO is a combination of a fresh issue of equity shares worth Rs 1,000 crore and an offer for sale (OFS) of Rs 2,000 crore by promoter BCP Topco VII Pte Ltd, an affiliate of Blackstone Group Inc.
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Thirivananthapuram: Despite go-ahead, 61 acres at Technopark phase-III remain idle
Sixty-one acres of paddy field at Technopark Phase-III, leased to IT companies 12 years ago, remain unused. Govt cleared the land for development, but no progress seen as Technopark fails to take action despite high demand for IT space.
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Three Ghaziabad development body supervisors suspended for promoting illegal construction
The orders for suspension of GDA supervisors Anil Tyagi, Arvind Chauhan and Raju Diwakar are applicable from Tuesday, Vats said. Besides, show cause notices were issued to the concerned junior engineer and assistant engineer of the Rajendra Nagar area.
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Shriram Housing Finance's net profit grows 67% in Q4 FY24
Shriram Housing Finance's assets under management (AUM) grew to Rs 13,762 crore in Q4 FY24. It also raised Rs 400-crore capital during the last quarter.
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Godrej & Boyce, Godrej Properties to continue alliance for land development in Mumbai
Godrej Construction, a business of Godrej & Boyce, designed and built four phases of Godrej Platinum, residential development project with a total constructed area of 1 million sq ft, which has been marketed by Godrej Properties.
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RBI updates guidance note on operational risk management, extends it to HFCs
The Reserve Bank on Tuesday updated its "guidance note" on operational risk management for the financial sector, and also extended it to the NBFCs, including housing finance companies.
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Registration of properties in Mumbai region up 11% in April 2024
According to Knight Frank, the registration of properties stood at 11,621 units at 8 pm tonight. The numbers might increase to 11,650 units by the close of the registration process on Tuesday.