Brings Transformative Leadership to Hero Realty Pvt Ltd New Delhi, May 24, 2024: Hero Realty Pvt Ltd (HRPL) has announced the joining of Mr Madhur Gupta as its new Chief Executive Officer. With an illustrious career spanning over three decades, Mr Gupta brings a wealth of experience and a track record of transformative leadership to […]
Madhur Gupta Joins Hero Realty as CEO.more
Max Estates to use proceeds for expanding in the high growth residential market for fuelling residential growth 01st May 2024, New Delhi: Max Estates Limited, the real estate arm of the Max Group, today announced a strategic investment of INR 388 Crore from New York Life Insurance Company, America’s largest mutual life insurer[1]. Upon the transaction’s close, New […]
Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.more
NEW DELHI: A 9.14% decrease in net consolidated profit was recorded by LIC Housing Finance for the quarter that concluded on March 31, 2024. In Q4 FY24, the company’s profit after tax was Rs 1,082.06 crore, compared to Rs 1,190.88 crore in the same quarter of the previous fiscal year, according to a BSE filing. […]
In Q4 FY24, LIC Housing Finance’s net profit decreases by 9.14%.more
NEW DELHI: According to RBI data on “Sectoral Deployment of Bank Credit,” credit outstanding to the housing industry increased by around Rs 10 lakh crore over the previous two fiscal years to reach a record Rs 27.23 lakh crore in March of this year. This increase in outstanding home credit was ascribed by real estate […]
Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstatemore
The Delhi High Court has ruled that, even in cases where an appeal against the accused’s acquittal in the predicate offence is still pending, no actions taken under the Prevention of Money Laundering Act (PMLA), including the attachment of properties, may proceed after the accused is found not guilty. In a ruling made public on […]
No PMLA property attachment following a planned offense conviction: Delhi High Courtmore
NEW DELHI: If clients fail to pay the full amount owed on residential or commercial buildings they have purchased, builders should lodge complaints with the relevant regulatory bodies, in Delhi said Anand Kumar, chairman of RERA. The chairman of Delhi’s Real Estate Regulatory Authority, Kumar, warned real estate developers not to fall into the “trap […]
Builders who witness clients failing to make timely payments must register complaints: Chairman of Delhi-RERAmore
NEW DELHI: 413 agricultural land parcels in Sindhudurg, Maharashtra, totaling over 1,807 acres have been attached by the Directorate of Enforcement (ED) about a bank loan fraud case involving Punjab and Maharashtra Co-operative Bank (PMC). The agency stated on Tuesday that the 1,807 acres that were attached had a registered value of Rs 52.90 crore, […]
In the PMC bank scam case, ED attaches a 1,807-acre land lot in Sindhudurg.more NEW DELHI: According to an update filed with the markets regulator on Monday, Aadhar Housing Finance Ltd., supported by prominent private equity firm Blackstone, has been given the go-ahead by Sebi to raise Rs 5,000 crore through an initial public offering (IPO). According to the Draft Red Herring Prospectus (DRHP), the proposed IPO consists of […]
Sebi approves Aadhar Housing Finance’s Rs 5,000 crore initial public offering.more
TARC Limited, New Delhi-based luxury Real Estate company listed on NSE & BSE announced the launch of its ultra-luxury; high-rise New Delhi Residential Project TARC KAILASA centrally located in New Delhi on main Patel Road. The Company proudly announced one of the biggest launches in the capital city. TARC KAILASA, a 1.7 million square feet […]
LAUNCH OF TARC KAILASAmore NEW DELHI: The Delhi High Court bemoaned on Thursday the inability of various authorities to stop unauthorized development, stating that this would result in “complete lawlessness” throughout the city and the collapse of the entire system. A bench made up of Justice Manmeet PS Arora and Acting Chief Justice Manmohan also alluded to launching a […]
Delhi HC alludes to an investigation by the CBI into unauthorized building.more