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Buyer sentiment strong in housing segment, says Magicbricks survey, ET RealEstate

The real estate platform unveiled its flagship Housing Sentiment Index (HSI) report, reflecting a positive outlook for the residential real estate market, with an overall HSI of 149.

Kolkata , West-bengal , India , Hyderabad , Andhra-pradesh , Ahmedabad , Gujarat , Sudhir-pai , Representative-image , Representative-imagehousing , Housing-sentiment-index

Eldeco and HDFC Capital to add Rs 350 crore in building housing projects, ET RealEstate

The company said the platform has already deployed Rs 500 crore in residential projects in Panipat, Sonipat, Ludhiana, Rudrapur, Rishikesh, Kasauli, Greater Noida (West) and Gurugram.

Delhi , India , Rishikesh , Uttaranchal , Lucknow , Uttar-pradesh , Sonipat , Haryana , Panipat , Ludhiana , Punjab , Rudrapur

Eldeco Infrastructure and Properties secures Rs 350-crore funding from HDFC Capital

Eldeco and HDFC Capital joint platform’s cumulative revenue potential across 17 projects is estimated to be Rs 8,000 crore. Out of this, projects with estimated revenue of Rs 2,000 crore have already been launched in Panipat, Sonipat, Rishikesh and Kasauli.

Kasauli , Himachal-pradesh , India , Ludhiana , Punjab , Delhi , Panipat , Haryana , Rishikesh , Uttaranchal , Sonipat , Rudrapur

ED raids Tulsiani Group as part of money laundering investigation, ET RealEstate

An office premise in the Gomti Nagar area of Lucknow, linked to a family member of BJP MLA from Harraiya (Basti) Ajay Singh, was also covered by the agency as part of the probe against the Tulsiani Group.

Haryana , India , Uttar-pradesh , Allahabad , Meerut , Lucknow , Gomti-nagar , Ajay-singh , Uttar-pradesh-police , Tulsiani-group , Punjab-national-bank , Tax-department

Haryana RERA imposes penalty on Countrywide Promoters for misleading advertisement, ET RealEstate

Countrywide Promoters: According to an official statement, the authority observed that despite mandatory provisions under Section 11(2) and 13(1) of the Real Estate (Regulation and Development) Act 2016, the promoter did not describe the details in a proper manner in the advertisement, which is a punishable offence under the Section 61 of the Act.

Haryana , India , Deen-dayal-jan , Lakh-on-countrywide-promoters-private , Countrywide-promoters-private , Countrywide-promoters-pvt-ltd , Countrywide-promoters-private-limited , Green-oaks , Real-estate , Promoters-private-limited , Countrywide-promoters , Aryana-rera

Punjab & Haryana HC quashes FIR filed against Emaar India, Real Estate News, ET RealEstate

The High Court of Punjab and Haryana quashed the FIR against Emaar India and JLL India, citing undervaluation and fraud allegations as baseless. The case involved accusations of asset manipulation during demerger, with no criminal elements found in the complaint.

Gurgaon , Haryana , India , Sirsa , Shravan-gupta , Gobind-kanda , Gopal-kanda , Land-limited , Emaar-properties , High-court , Representative-image , Economic-offences-wing

Noida's Trident Realty raises Rs 1,200 crore through sale of assets, ET RealEstate

The company plans to use the proceeds to strengthen its residential portfolio, as it has lined up projects worth ₹15,000 crore for launch in 2024-25.

Noida-trident-realty , Trident-realty , Dlf , Oida , Hipra-mall , Rident-realty , Haziabad , Urugram , K-narvar ,

DLF to invest Rs 2,200 crore to build shopping mall in Gurugram, ET RealEstate

"We have started construction work of 'Mall of India' in Gurugram. The total size of this mall is 26-27 lakh square feet," DLF's Vice Chairman and MD (Rental Business) Sriram Khattar told PTI on the sidelines of a CII conference on the real estate sector.

Delhi , India , Singapore , Sriram-khattar , Cyber-city-developers-ltd , Representative-image , City-developers-ltd , Rental-business , Moti-nagar , Dlf , Elhi-ncr , Urugram

Gurugram authorities order demolition of 5 'unsafe' towers of Chintels Paradiso

The district administration has issued an order for the demolition of five towers declared unsafe at the Chintels Paradiso complex in Gurugram. The order came in response to an email sent by the builder seeking immediate evacuation for demolition.

Delhi , India , Hitesh-kumar-meena , Gurugram-deputy , Nishant-kumar-yadav , Chintels-paradiso , Chintel-paradiso-pvt-ltd , Group-housing-society , Gurugram-deputy-commissioner-nishant-kumar-yadav , Additional-deputy-commissioner-hitesh-kumar-meena , Urugram , Hintels-paradiso-demolition

Gurugram RERA rejects Godrej's project extension application, freezes project's account for non-compliance

The Authority in an order said that despite many reminders, the promoter of Godrej Air phase 4 project failed to rectify the deficiencies in the application, including the renewal of the licence and details related to bank balance provided in quarterly progress report (QPR) and CA certificate had a mismatch.

Real-estate-regulations-development , Godrej , Godrej-developers , Godrej-properties , Real-estate , Godrej-air-phase , Godrej-air , Rera , Eal-estate , Odrej-properties , Odrej-air-phase-4