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HARYANA REAL ESTATE REGULATORY AUTHORITY
Gurgaon-based real estate company ordered to pay Rs 23 lakh compensation to buyers over delayed flat possession by Haryana RERAIn a recent ruling, Rera instructed Pareena Infrastructure to compensate two homebuyers with Rs 23 lakh for the extended delays in deliveri...
Birla Estates arm buys FSI from Parinee entities for Rs 159 croreBirla Estates has successfully acquired almost 90,000 sq ft of FSI for over Rs 159 crore, a strategic move aimed at bolstering their societ...
More than 2-year delay in getting possession of the apartment, yet no compensation from MahaRERA; Know how accepting possession without protest hurt homebuyer's delayed compensation pleaHomebuyersgot no compensation for more than 2-year delay in possession of flat, MahaRERAorder; Know how accepting possession without protes...
Raymond Realty Q1 net profit falls 19 pc to Rs 13.43 cr on higher expensesRaymond Realty experienced a 19% drop in profit for the quarter that ended in June, primarily due to increased operational costs that affec...
MahaRERA extends project completion deadlines by 4 months citing force majeureMahaRERA has granted an automatic four-month extension to eligible real estate projects in Maharashtra due to disruptions linked to the Wes...
Arvind SmartSpaces Q1 Results: Profit zooms 8-fold to Rs 97 croreIn the June quarter, Arvind SmartSpaces achieved remarkable results with an eight-fold rise in net profit. The company's total income surge...
Specialised realty platforms drive India's next wave of IPOsIndia's real estate sector is on the rise, with innovative public market listings through specialized platforms. These enterprises demonstr...
60% of nearly 600 realty projects under scrutiny in Kolkata likely to get clearance soon: CREDAIApproximately sixty percent of Kolkata's real estate projects will soon receive clearance. Most remaining projects are expected to be appro...
India's real estate IPO market diversifies beyond developers to REITs, co-working, and logisticsIndia's real estate IPO market is diversifying into new asset classes. Companies are exploring listings in co-working spaces and student ho...
Sebi proposes investment by REITs, InvITs in third party projects without controlling interestSebi has put forth proposals to permit REITs and InvITs to channel their investments into under-construction projects. This initiative is d...
Primus Partners opens Gurugram hub as GCCs shift beyond BengaluruPrimus Partners launched its Global Capability Hub in Gurugram. The firm now offers "Build & Operate" services for multinational companies....
DLF eyes Rs 1 lakh cr sales pipeline in 4-5 yrs, rules out REIT for nowDLF Ltd aims for Rs one lakh crore sales over five years. The company will focus on luxury housing and expand its customer base. Profitabil...
NFO Alert: Edelweiss Mutual Fund launches India's first REIT-based Index FundEdelweiss Mutual Fund has launched India’s first REIT-based index fund tracking the Nifty REITs & Realty TRI. The NFO closes on August 19, ...
NFO Insight: Edelweiss Nifty REITs & Realty Index Fund opens for subscription. Can its 60:40 REIT-realty mix deliver?Edelweiss Mutual Fund has launched India's first REITs-oriented index fund. This new fund offers investors a unique 60:40 mix of REITs and ...
Ajmera Realty & Infra Q1 profit rises 14% to Rs 45crAjmera Realty & Infra India Ltd reported an impressive fourteen percent increase in net profit, amounting to Rs 44.94 crore for June. Along...
Noida, Gurugram lead capital appreciation and increase in rental yields in residential real estateNoida and Gurugram show significant capital appreciation and rental yield increases. The Indian residential market now offers dual returns ...
Vedanta to demerge real estate business after 5-way split. What can shareholders expect?Vedanta announced plans to demerge its real estate business into a new company. Shareholders will receive one share of Vedanta Property Pla...
ET explainer: Centre's 4-month extension to ease compliance burden for realty companies, ensure project completionThe government has advised state RERAs to extend project deadlines by four months. This advisory addresses disruptions caused by the West A...
Housing ministry issues advisory to State RERAs to give project extension due to West Asia crisisThe Ministry of Housing has advised State RERAs to grant developers a four-month extension. This advisory addresses disruptions in global s...
Supreme Court freezes bank A/Cs of Parsvnath, its DirectorsIn a significant ruling, the Supreme Court has taken decisive action by freezing bank accounts of Parsvnath Developers and issuing warrants...