Welspun Enterprises–Ashdan Properties Consortium Secures 92% Creditor Approval for Lavasa Corporation Takeover
In a major move towards the long-awaited revival of India’s first privately developed hill city project, the creditors of Lavasa…
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Delhi Rolls Out ‘Bhu Aadhaar’: Unique 14-Digit ID to Be Assigned to Every Land Parcel
In a significant move towards the digitization of land ownership records, the Delhi Government has launched the ‘Bhu Aadhaar’ scheme,…
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Sonu Sood Leases Commercial Space to HDFC Bank at ₹11.75 Lakh Monthly Rent in Mumbai
Mumbai Bollywood star and businessman Sonu Sood has rented a high-quality commercial space in Mumbai Bandra-Kurla Complex (BKC) to HDFC…
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Canara Bank Invites Bids to Sell ₹577 Crore Loan Exposure to Supreme Housing
Mumbai: Canara Bank, a state owned lender has invited bids to asset reconstruction companies (ARCs) to sell its 577 crore…
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Maharashtra Abolishes NA Tax to Boost Housing Redevelopment and Land Regularisation
Mumbai; The Maharashtra government has finally done away with Non-Agricultural (NA) tax, a long-standing levy levied on the land that…
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ED Arrests Former Director of Lodha Developers Limited in ₹85 Crore Money Laundering Case
Mumbai: In another major move in the real estate regulation environment in India, the Enforcement Directorate (ED) has formally arrested…
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Supreme Court Slams RERA, Says It’s “Facilitating Defaulting Builders” and Urges Re-think of the Regulator
New Delhi; The supreme court of India, in a scathing indictment of the operation of the real estate regulators in…
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NCLT Approves Hotel Horizon Resolution Plan; NCLAT Halts Equity Creation Pending Appeal
Mumbai, Maharashtra — This is a milestone in the insolvency sphere of India as the National Company Law Tribunal (NCLT),…
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Maharashtra Cabinet Clears Landmark Land Policy to Fast-Track ‘Third Mumbai’ Development
Mumbai; In another major move which will transform the future of urban development of the state, the Maharashtra Cabinet on…
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Haryana Government Takes Strong Action Against Golden Glow Estates as Licence Lapses and Dues Spiral Past ₹50 Crore
The Department of Town and Country Planning (DTCP) in the state of Haryana has taken steps to increase enforcement against…
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