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Parent Shriram Finance, which is mainly involved in commercial vehicle financing, owns 84.82% of Shriram Housing Finance Ltd, which focuses on affordable homes. San Francisco-based PE Valiant Capital Management owns most of the remaining stake.

Residency Area Survey: Indore district administration has issued notification of survey of Residency area to help prepare new record of rights of this prime and historic land that is spread over 1,000 acres.

Several builders and realtors are under scanner as the income tax (I-T) department conducted several searches in Mohali. Different I-T teams landed at the offices of builders located in Mohali and New Chandigarh early in the morning. The offices of the builders were sealed and no one was allowed to go in or come out. Searched premises include the offices of Down Town Mall, RVK, Sunteck, and Medallion Group.

Stating that around Rs 2 crore is being paid towards property tax for the mall as per the High Court’s direction, Venkatesh said he has already paid the property tax for the year 2023-24 and also intimated the BBMP about it.

The collaboration, a first by any real estate regulator in the country, is aimed at protecting homebuyers who may decide to buy or invest in properties that are yet to be or not allowed to be sold for any specific reason.

Government directs GDA to coordinate with NCR Transport Corporation to ensure that the proposed routes for rapid rail from the upcoming airport in Jewar to Ghaziabad don’t fall in the alignment of the Sector 62-Sahibabad metro extension.

The ED has accused Chhabria of playing a crucial role in diverting funds procured illegally by Yes Banks founder Rana Kapoor and Dewan Housing Finance Limited (DHFL) promoter Kapil Wadhawan.

The group said it expects a sales realisation of approximately Rs 7,500 crore from the project wherein the investment would be done via self-funding, bank financing and customer advances for bookings.

BBMP, the civic body in Bengaluru, is planning to increase its property tax target by 1/3rd for the next year. Find out more about the BBMPs plans to increase tax collection in Bengaluru.

CEO Darren Steinberg said he believed the office sector was nearing the bottom, which should in turn help unfreeze a market that has seen very few sales as buyers wait to see how far prices will fall.