Today’s Top Real Estate Stories

  • Despite 30% of refund claimed obligatory and mandatory: MREAT
    The flats, located on the 27th and 29th floor of Shristi Sea View, a 42-storied sea-facing highrise building at Mahim, were booked in July 2013 as per registered agreements and were to be delivered within 36 months Read more »
  • Warehousing may pull in $10 billion in next 4-5 years
    With addition of around 200 million sq ft warehousing space across India, total supply is expected to nearly double by 2022, estimated JLL India. Read more »
  • DSK Group's depositors may have to wait longer for dues
    A special MPID court in Pune is already hearing the state’s plea for public auction of 143 “free hold” properties of developer D S Kulkarni, alias DSK, and his group. Read more »
  • Baring, Bain and Hero Fincorp vie for 10% stake in DHFL
    The DHFL stock had plummeted after a news portal accused it at the end of January of giving loans worth Rs 31,000 crore to “dubious” entities linked to the promoters, who were the ultimate beneficiaries. Read more »
  • Orbit Terraces' buyers can take over project: Bombay HC
    High Court accepts the housing society’s proposal to take over as developers and complete construction in the stuck project after settlement with banks. Read more »
  • Lodha Developers sells 28% in London arm for £112 million
    Lodha Developers is likely to continue looking at several monetisation options. Read more »
  • MahaRERA orders recovery warrant against Nirmal Developers
    A large number of home buyers walked out of the project owing to delays, and complained to RERA under the aegis of Nirmal Developers Olympia Aggrieved Buyers Association last year. Read more »
  • SC directs Unitech to cooperate with forensic auditors
    The apex court said that data of even former employees must be given to the auditors within two weeks. Read more »
  • NBCC, Suraksha Group bid to acquire beleaguered Jaypee Infratech
    NBCC Chairman and Managing Director Anoop Kumar Mittal declined to comment on details of the company’s bid. Read more »
  • Lodha’s London properties additional divestment to address March 2020 bond maturity, Moody’s
    Lodha Developers UK holds two properties, 48 Carey Street and 1 Grosvenor Square, which Lodha Developers is building in London. Read more »