ED Restitutes 78 Flats to Cheated Homebuyers in Gurugram
Gurugram: A glimmer of hope has emerged for hundreds of homebuyers who were ensnared in the complex web of the SRS Group’s real estate projects. The Enforcement Directorate (ED) has initiated the process of returning 78 flats to buyers who had invested their hard-earned money in the group’s Pearl, City,
Navigating the Global property Market: Emerging frontiers where Indians can Invest
Sanjeev Arora, Director, 360 Realtors Indians are one of the key buyers in the global property market. They generously invest in prominent markets internationally such as Singapore, Hong Kong, Dubai, USA, and London, etc. Indians buying fervour is dictated by numerous factors such as yield, lifestyle, education, business, and much
REITs Association Denounces Hindenburg Claims as Baseless
The Indian REITs Association has vehemently rejected the recent allegations made by Hindenburg Research, labeling them as unfounded and misleading. The association underscored the robust regulatory framework imposed on REITs by the Securities and Exchange Board of India (SEBI), which is designed to safeguard investor interests. REITs in India operate
Max Estates Secures Noida Authority Nod for Delhi One Acquisition
Max Estates has received a significant boost to its expansion plans with the Noida Authority’s approval to take over the stalled ‘Delhi One’ project. The company will invest a substantial Rs 613 crore to acquire the project, marking a pivotal moment in its growth strategy. Strategically positioned on the Delhi-Noida
Hindenburg Report Ignites Storm Over Sebi, Blackstone, and REITs
A seismic report from Hindenburg Research has sent shockwaves through India’s financial landscape, exposing alleged conflicts of interest at the highest levels of the regulatory ecosystem. The report directly implicates the Securities and Exchange Board of India (SEBI), its chairperson Madhabi Puri Buch, and her husband Dhaval Buch, who previously
DDA Approves Narela Flats for Displaced Kali Bari Marg Residents
New Delhi: The Delhi Development Authority (DDA) has greenlit the allocation of 104 Economically Weaker Section (EWS) flats in Narela to residents currently residing in the Kali Bari Marg jhuggi cluster. This decision comes as the Central Public Works Department (CPWD) requires the land for an expansion of the Ram
No Final Decision on Delhi Master Plan 2041 Yet
The Delhi Master Plan 2041, a comprehensive blueprint outlining the capital’s developmental trajectory until 2041, is still awaiting final approval from the Union Ministry of Housing and Urban Affairs. While the Delhi Development Authority (DDA) granted its approval to the draft plan in February 2023, the ultimate decision-making authority rests
MCD to Undertake Massive Demolition Drive in Bhalswa Dairy
New Delhi: A large-scale demolition operation is imminent in Bhalswa Dairy colony, northwest Delhi, with the Municipal Corporation of Delhi (MCD) set to commence the drive on August 12. The civic body has issued a final warning to residents and business owners occupying unauthorized structures within the area. Over 800
Mall of Faridabad Celebrates Independence Day With Tejas Life-Size Model
As the 78th Independence Day approaches, the Mall of Faridabad offers a remarkable tribute to the nation’s air power and the guardian of the sky, Tejas, through a meticulously crafted model. With impressive attention to detail, the striking display of this multi-role combat aircraft is placed in the mall, symbolizing
Government Unveils Massive Affordable Housing Boost
The Indian government has unveiled an ambitious expansion of its Pradhan Mantri Awas Yojana-Urban (PMAY-U) initiative, aiming to provide affordable housing to a staggering one crore urban households over the next five years. To achieve this ambitious target, the government has committed a substantial financial outlay of Rs 2.3 lakh