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Realty Estate News

32 builders in Nagpur under SIT scanner for fraud, cheating

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Special investigation team (SIT) attached to crime branch has so far received complaints against 32 builders for various matters of fraud, cheating and land-grabbing. Some of the top names are now eit ...
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Adani Capital to invest Rs 50 crore in PRA Realty’s Pune project

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Adani Capital, the NBFC arm of the Adani Group, has entered into an agreement to invest Rs 50 crore in realty developer PRA Realty’s mixed-use project in Pune.
The investment will be utilized ...
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Govt eyes Rs 35,000 crore savings by making buildings green

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The power ministry has set its sights on achieving an estimated Rs 35,000 crore annual savings by making all existing and future government as well as commercial buildings in the country energy effici ...
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Rabri Devi ‘owns’ 18 flats worth Rs 20 crore in Patna, says BJP’s Sushil Modi

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Senior BJP leader Sushil Kumar Modi on Tuesday made fresh allegations against RJD chief Lalu Prasad’s family saying his wife Rabri Devi, a former Bihar chief minister, “owns” 18 flats in Patna w ...
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Land worth Rs 40 Crore grabbed by Nagpur police

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Nagpur police has clutched onto 30 acres of land worth Rs 40 Crore. The property is owned by Jham builder and developers in Waghdhara.
the Court ordered the police to seize the 30 acre of land ...
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SRA terminates deal to redevelop Andheri slum

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The Slum Rehabilitation Authority (SRA) has terminated permission given to developer K S Chamankar Enterprises to redevelop a sprawling slum property on the Andheri regional transport office plot. The ...
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Reliance Communications Starts Process To Monetise Realty Assets

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Billionaire Anil Ambani-led Reliance Communications on Wednesday said it has started the process to monetise its real estate assets in Delhi and Mumbai as part of its efforts to pare debt. Reliance Co ...
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Govt may link Aadhaar with land records to expose benami properties

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Following closely on the heels of linking bank accounts and PAN with Aadhaar, the government is now planning to mandate the linking of Aadhaar with all land records under the Digital India Land Record ...
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Sahara sells stake in Grosvenor House, gets 10 days to deposit Rs 710 

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The Sahara group on Monday told the Supreme Court that it had sold its interests in London’s Grosvenor House Hotel to GH Equity UK. Sahara lawyer Kapil Sibal told the bench of Dipak Misra and Ranjan ...
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240-acre greenfield city to come up at Ghitorni

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The Union Government is planning to develop greenfield city with smart city features over 240 acres of land at Ghitorni in the national Capital, sources said. The land, which belongs to Central Public ...
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