Archive For The “Property” Category

Construction, property industries in trouble: Rajan

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Construction, property industries in trouble: Rajan

India’s real estate, construction and infrastructure industries are in “deep trouble,” and non-bank finance companies which lend to these sectors should have their asset quality reviewed, former Reserve Bank of India (RBI) Governor Raghuram Rajan said. There is also “significant distress in rural areas,” Rajan wrote in an opinion piece in India Today magazine. He…

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J&K politicians amassed property by looting development funds: BJP

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J&K politicians amassed property by looting development funds: BJP

The Bharatiya Janata Party (BJP) on Sunday said people have right to know about the property “amassed” by mainstream politicians in Jammu and Kashmir. “We are demanding that the government should undertake evaluation of the property of all mainstream politicians in J&K including those associated with the BJP,” said the party General Secretary (Organization) Ashok…

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PROPERTY SALES

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PROPERTY SALES

The following property sales were recorded in Jefferson County clerk’s office Nov. 18: City of Watertown: Two parcels: 1) 0.21 acres, 678 Leray St., 2) 0.69 acres, 686 Leray St., Nelson C. Schorr, Watertown, sold to Northside Car Wash LLC, Watertown $290,000 Town of Henderson: 0.23 acres, 15321 Snowshoe Road, Jeffrey Z. Haun and Sarah…

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Thai government introduces property stimulus package

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Thai government introduces property stimulus package

PHOTO: homeservicerayong.com “Buyers must earn no more than 100,000 baht a month and be registered on the Revenue Department’s tax database.” Thailand’s Finance Ministry spokesman Lavaron Sangsnit says that the three major housing associations are ready to support the government’s latest stimulus measures to support home purchases. There was a meeting between Ministry officials and…

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Embassy Property offers to sell office space to Embassy REIT

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Embassy Property offers to sell office space to Embassy REIT

Bengaluru: Embassy Office Parks REIT on Monday said that it has received a right of first offer invitation from Embassy Property Developments Pvt Ltd for the potential sale of around 8.7 million sq ft of completed and under-construction office space in Embassy Tech Village, Bengaluru. Blackstone Group Lp and Bengaluru-based real estate firm Embassy Property Developments are…

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PVR Cinemas opens its first international property in Sri Lanka

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PVR Cinemas opens its first international property in Sri Lanka

Leading multiplex chain PVR Cinemas marked its international foray by launching its first property in Sri Lanka on Friday. The multiplex chain said that it has opened a 9-screen property at Colombo in collaboration with the Shangri La Group. The company had first announced plans to enter Sri Lanka about two years ago. In a…

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Cygnett Hotels & Resorts Opens its Latest Property in McLeodganj

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Cygnett Hotels & Resorts Opens its Latest Property in McLeodganj

CYGNETT HOTELS is constantly taking strides to open new properties to promote sublime hospitality experience and promote destinations unlike before. In its latest endeavour, the Cygnett Group launched Cygnett Style Signature in McLeodganj, Himachal Pradesh. With this opening, it is inching closer to its target to have an inventory of 35 properties by 2020. Cygnett…

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SBI mega property e-auction tomorrow: How to register as a bidder

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SBI mega property e-auction tomorrow: How to register as a bidder

The State Bank of India will auction non performing assets (NPAs) worth ₹700 crore this month to recover its dues from those borrowers. The bank will hold a mega e-auction on 5 November and also plans to hold a total of three auctions in this month. The bidders can bid for the properties online after they get themselves registered online…

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MBA student, friend held for property dealer’s murder in Gurugram

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MBA student, friend held for property dealer’s murder in Gurugram

GURUGRAM: An MBA student and her friend were arrested by Gurugram police on Saturday for allegedly murdering sarpanch-cum-property dealer Roshan Lal at Rajendra Park here on Saturday. The MBA student, identified as Sumit Phogat (24), and her associate, Vikram (32), were arrested from Honda Chowk early on Saturday. Phogat reportedly confessed that she committed the…

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40 lakh slum dwellers in Delhi to win property rights

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40 lakh slum dwellers in Delhi to win property rights

Almost 2,000 informal settlements in Delhi are set to be legalised under a new law agreed by the government this week, which ministers said would give more than 4 million residents the right to own their homes in India’s capital.  Union Cabinet this week passed a bill to regularise 1,797 unauthorised slums in the country’s…

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Sanjay Khan gets high court relief in property case

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Sanjay Khan gets high court relief in property case

Court says actor/director has the right to use the internal roads on a plot of land adjoining his Juhu bungalow. The Bombay High Court in an interim order has upheld actor/director Sanjay Khan’s right to use the internal roads on a plot adjoining his bungalow in Juhu. The court has further disallowed any development on these roads…

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Caught on cam: 2 men open fire at property dealer in Gaur City

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Caught on cam: 2 men open fire at property dealer in Gaur City

Noida Police has been investigating the matter. (Screengrab from the CCTV footage) An incident of firing has been reported in Gaur City in Greater Noida, Uttar Pradesh. The incident happened around 7 pm at the 6th avenue near G block on Thursday. A CCTV footage of the area shows two men confronting a man, reportedly…

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Trouble over Sara Ali Khan’s ancestral property in Uttarakhand, FIR filed

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Trouble over Sara Ali Khan’s ancestral property in Uttarakhand, FIR filed

DEHRADUN: Bollywood actress Sara Ali Khan’s ancestral property worth crores is now embroiled in legal trouble. Uttarakhand Police had set up an SIT to probe the purported sale of the land and following its report indicating fraud, an FIR has been filed. Talking to IANS, Inspector General of Police, Garhwal, Ajay Rautela said that a case of fraud…

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Half of unsold ready-to-move-in property in Mumbai affordable

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Half of unsold ready-to-move-in property in Mumbai affordable

A recent data released by Proptiger.com, indicates that developers had an unsold stock of over 2.93 lakh units till July 2019 in Mumbai Metropolitan Region (MMR). Out of these, over 1.41 lakh units (over 48% of the stock) are priced up to ₹45 lakh. Proptiger.com is a real estate portal owned by Elara Technologies Pte Ltd…

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