ED attaches Omkar group’s flats at Worli worth Rs 330 crore
NEW DELHI: Flats and land worth a total of about Rs 410 crore of Mumbai-based realty group Omkar Realtors and that of a company belonging to actor-producer Sachin Joshi have… Read more »
Monthly Archives: January 2022
Google buys office building in London for $1 billion
LONDON: Tech giant Google has spent $1 billion to buy a central London building where it is currently a tenant, showing its confidence in the future of the office as… Read more »
Indie Homefin, eight NBFCs surrender certificates of registration to RBI
NEW DELHI: Eight Non-Banking Financial Companies (NBFCs) and one housing finance company have surrendered their certificates of registration to RBI. The Mumbai-based Indie Homefin Pvt Ltd has surrendered the Certificate… Read more »
Builder’s failure to get occupation certificate deficiency in service: Supreme Court
NEW DELHI: Failure of a builder to obtain occupation certificate is a deficiency in service under Consumer Protection Act 1986, the Supreme Court has said. A bench of Justices D… Read more »
Maharashtra cabinet waives off property tax for houses up to 500 sq ft in Mumbai
NEW DELHI: The Maharashtra cabinet on Wednesday approved the state government’s decision to waive property tax on houses upto 500 sq ft in Mumbai. Chief Minister Uddhav Thackeray had announced… Read more »
Realty firm Kolte-Patil Q3 sales bookings jump 77% to Rs 561 crore
NEW DELHI: Pune-based Kolte-Patil Developers Ltd on Wednesday reported a 77 per cent jump in its sales bookings to Rs 561 crore for the quarter ended December. Its sales bookings… Read more »
L&T wins two ‘mega’ offshore orders from overseas client
NEW DELHI: A consortium led by L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has secured two mega offshore packages from a prestigious overseas client. The… Read more »
Supreme Court pulls up Supertech, says its directors will be sent to jail for playing truant with the court
NEW DELHI: The Supreme Court on Wednesday pulled up realty major Supertech Ltd for not complying with its orders to demolish the twin 40-story towers in Noida and warned that… Read more »
Delhi: DLF sells properties worth Rs 1,500 crore in new luxury housing project
NEW DELHI: Realty major DLF Ltd on Tuesday said it has sold properties worth Rs 1,500 crore in its newly launched housing project at Moti Nagar in the national capital,… Read more »
L&T to design, construct a part of Mumbai-Ahmedabad bullet train project
NEW DELHI: Larsen & Toubro (L&T) on Monday said its construction arm has bagged a significant order from National High Speed Rail Corporation Ltd (NHSRCL). The major scope of work… Read more »