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JKRERA Imposes Rs 10 Lakh Penalty on Unregistered Real Estate Projects

Real Estate

JKRERA Imposes Rs 10 Lakh Penalty on Unregistered Real Estate Projects

The Jammu and Kashmir Real Estate Regulatory Authority (JKRERA) has imposed a Rs 10 lakh penalty on a promoter for failing to register a property under the Real Estate (Regulation and Development) Act, 2016. Chief Secretary Atal Dulloo chaired a review meeting to strengthen regulatory compliance and consumer protection.

June 11, 2025
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KKR and Stonepeak Raise Bid for UK's Assura to $2.3 Billion

Real Estate

KKR and Stonepeak Raise Bid for UK's Assura to $2.3 Billion

Private equity firms KKR and Stonepeak Partners have increased their offer for Assura, a UK healthcare real estate investor, to $2.3 billion, outbidding rival Primary Health Properties.

June 11, 2025
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Breaking into India’s Top 1%: You Need a Net Worth of ₹1.52 Crore, Says Expert

real estate news

Breaking into India’s Top 1%: You Need a Net Worth of ₹1.52 Crore, Says Expert

India has emerged as a key global wealth hotspot, with a growing number of high net-worth individuals (HNWIs). To join the top 1% in 2025, you need a net worth of ₹1.52 crore, as per the Global Wealth Report 2025 by Knight Frank.

June 11, 2025
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Man Infraconstruction's Stock Surges After Major Real Estate Acquisition

real estate news

Man Infraconstruction's Stock Surges After Major Real Estate Acquisition

Man Infraconstruction's stock saw a significant jump after the company announced the acquisition of a substantial stake in Man Realtors and Holdings, making it a wholly-owned subsidiary. This move is expected to bolster the company's real estate development business.

June 11, 2025
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Raymond Realty Set for Early July Listing Amid Corporate Restructuring

Real Estate

Raymond Realty Set for Early July Listing Amid Corporate Restructuring

Raymond Realty, a subsidiary of the Raymond Group, is on track to list in early July. The listing aims to streamline the group's corporate structure and comes as the third publicly traded entity under the conglomerate.

June 11, 2025
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Billionaires Gayatri and Vikas Oberoi Showcase Their ₹400 Crore Mumbai Dream Home

real estate news

Billionaires Gayatri and Vikas Oberoi Showcase Their ₹400 Crore Mumbai Dream Home

Gayatri Oberoi, wife of billionaire Vikas Oberoi, takes viewers on a tour of their luxurious ₹400 crore home in Mumbai, offering a glimpse into their opulent lifestyle and design philosophy.

June 11, 2025
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