2022-10-10
Omnichannel home interiors and renovation platform Livspace recently entered into India’s unicorn league of startups with businesses valued at over $1 billion—has earmarked a corpus of $100 million for largely acquisitions as it looks to go deeper in existing geographies, add new categories as well as introduce more margins to its overall business.
2022-10-09
The board of directors of PNB Housing Finance approved the appointment of Vinay Gupta as Chief Financial Officer and Key Managerial Personnel of the company effective October 26, 2022. Gupta has over 20 years of experiencein financial management, financial planning, Indian and US GAAP accounting, treasury operations & budgeting.
2022-10-09
Markets regulator Sebi will auction the properties of three companies Sumangal Industries, GSHP Realtech and Infocare Infra Ltd on November 10, to recover money that was illegally raised from investors. A total of ten properties of three companies will be auctioned at a reserve price totalling Rs 7.68 crore, according to a public notice issued by the Securities and Exchange Board of India (Sebi).
2022-10-09
Riding on the festive season, the stamp and registry department has executed nearly 4,400 sale deeds worth Rs 55 crore in Ghaziabad in just nine days of Navratri. Experts see this as a clear sign of recovery from the pandemic-induced slump in the real estate sector.
2022-10-09
The City and Industrial Development Corporation (Cidco) has extended the deadline for online registration of Mass Housing Scheme-August 2022 by a month which is on offer till November 3, due to overwhelming response and citizens’ demand.
2022-10-09
In an effort to attract more IT companies to its campus, Infopark’s Cherthala campus has announced a rent-free period for IT/ITES companies in search of office spaces in the special economic zone (SEZ). The offer enables IT companies to enjoy offices with the same facilities and standards as that of office spaces in Infopark’s main hub in Kochi.
2022-10-09
Indiabulls Housing Finance opened the public issue of bonds to raise debt capital of up to Rs 800 crore. The public issue of secured, redeemable, non-convertible debentures of face value of Rs 1,000 each, is the tranche III for the non-banking finance company, which closes on October 28,2022.
2022-10-09
Ajmera Realty & Infra India (ARIIL) recorded sales value of Rs 166 crore in Q2 FY23 up 82% year-on-year from Rs 91 crore it registered in the corresponding quarter of previous fiscal. The carpet area sold by ARIIL was 79,976 sq ft in Q2 FY23 which was an incremental growth of 49% from 53,801 sq ft in Q2 FY22.
2022-10-09
Sequoia Capital backed-Invictus Insurance Broking, which operates online insurance platform Turtlemint and one of its group companies Fintech Blue Solutions have leased over 35,000 sq ft office space at The ORB complex near the Mumbai airport for a five-year tenure from Chalet Hotels, a K Raheja Corp company. The occupiers will be paying rentals worth around Rs 28 crore during the total term of the lease.
2022-10-08
The Maharashtra Real Estate Regulatory Authority (MahaRERA) issued showcause notices to 44 lapsed real estate projects in the state, with plans to issue a total of 100 such notices by the end of October. Most of these projects are in Pune and Mumbai. The authority has given a month's time to developers to respond to the notices and explain why their projects lapsed.
