Construction

New Delhi, Jul 31 (PTI) Realty firm Omaxe will consider challenging market regulator Sebi's order that barred the company, its Chairman Rohtas Goel, Managing Director Mohit Goel and three others from the securities market for two years for misrepresentation in the company's financial statements. Omaxe will consider challenging market regulator Sebi's order that barred the company, its Chairman...

Property registrations in the Mumbai real estate market grew by more than 16% to touch 12,160 in July 2024 from 10,221 a year earlier, according to the data shared by the Inspector General of Registration and Controller of Stamps of Maharashtra. In June 2024, a total of 11,673 property registrations were reported in the Mumbai real estate market. Property registrations in the Mumbai real estate...

Popular real estate influencer-cum-consultant Rafiq Merchant took to Instagram on July 9, 2024, blaming actress and Bigg Boss contestant Divya Agarwal for allegedly withholding his one per cent brokerage fee of ₹2.39 lakh due to him for the sale of her apartment worth ₹2.39 crore in Lodha Bel Air, Jogeshwari West. Brokers’ fees have been denied by clients that include large listed...

Godrej Properties Ltd has announced that it has acquired around 46-acre land parcel in Indore. The development on this land will primarily comprise plotted residential units and will offer an estimated saleable area of around 1.16 million square feet, the company said in a regulatory filing on July 31. Godrej Properties Ltd has announced that it has acquired around 46-acre land parcel in...

The Maharashtra Housing and Area Development Authority (MHADA) will be launching its next housing lottery with 2,000 affordable homes in Mumbai city, Sanjeev Jaiswal, Vice Chairman and Chief Executive Officer (CEO) of MHADA told HT.com Maharashtra Housing and Area Development Authority (MHADA) will be launching its next housing lottery with 2,000 affordable homes in Mumbai city, Sanjeev...

The National Company Law Appellate Tribunal (NCLAT) stayed the corporate insolvency resolution proceedings (CIRP) against Supertech Township Projects Limited after it proposed to settle its disputes with Punjab and Sind Bank, its principal financial creditor, within seven days. In pursuance of the impugned order no further steps shall be taken (related with insolvency) except collation of...

Ever since reports of Jennifer Lopez and Ben Affleck's supposedly inevitable divorce have surfaced, the Bennifer 2.0 real estate shuffle frenzy has been way too real. Jennifer Lopez attends the Dior Haute Couture Fall-Winter 2024-2025 collection presented Monday, June 24, 2024 in Paris. (Vianney Le Caer/Invision/AP) Although the pair are still entangled in marital woes, Lopez has finally...

Mindspace Business Parks REIT on July 30 reported a 9.2% increase in net operating income to ₹496 in Q1 FY25 from ₹455 crore Q1 FY24. The company’s revenue from operations increased by 11% to ₹620 crore from ₹560 crore on the back of strong leasing of over one million sq ft in the April to June period. Mindspace Business Parks REIT on July 30 reported a 9.2% increase in net operating...

New Delhi, Jul 30 (PTI) Sebi on July 30 barred real estate firm Omaxe, its chairman Rohtas Goel, managing director Mohit Goel and three others from the securities market for two years for irregularities in the company's financial statements. Sebi on July 30 barred real estate firm Omaxe, its chairman Rohtas Goel, managing director Mohit Goel and three others from the securities market for two...

Real estate firm Macrotech Developers, also known as Lodha Developers, on July 30 reported a profit after tax (PAT) of ₹480 crore, an increase of 186% year-on- year (YoY) for the first quarter (Q1) of FY 25. This company also reported pre- sales of ₹4,300 crore in the Q1 FY25, an increase of 20% YoY. Real estate firm Macrotech Developers on July 30 reported a profit after tax (PAT) of...