Real Estate
Indian Stock Market Witnesses Strong Gains in Real Estate and Auto Sectors
The Indian stock market saw a robust trading session with the BSE 500 index gaining 0.45%. The real estate and automotive sectors led the gains, reflecting strong investor confidence.
Real Estate Pune
Pune Police Register Case Against Contractor for Non-Payment of Rs 86 Lakh
The Sangvi police in Pune have registered a case against a contractor for allegedly cheating an electrical subcontractor of Rs 86 lakh by not paying for completed work, despite receiving the funds from the PCMC.
Real Estate Mumbai
Mumbai Scandal: IAS Officer's Wife Bharti Pawar at the Center of Rs 169 Crore Illegal Construction Scam
The Enforcement Directorate (ED) has attached properties worth Rs 71 crore in connection with a major illegal construction scam in the Vasai-Virar area. The case involves IAS officer Anil Pawar and his wife Bharti, who is accused of fronting a portion of the Rs 169.6 crore scam.
real estate news
Supreme Court Praises ED for Protecting Homebuyers in Udaipur Real Estate Fraud
The Supreme Court has commended the Directorate of Enforcement (ED) for its proactive steps in restoring attached properties to safeguard the interests of innocent homebuyers affected by a real estate scam linked to the Royal Rajvilas housing project in Udaipur, Rajasthan.
Real Estate
Supreme Court Praises ED for Protecting Homebuyers in ₹175-Crore Real Estate Fraud
The Supreme Court has commended the Directorate of Enforcement (ED) for its efforts in restoring properties to protect innocent homebuyers in a significant real estate scam in Udaipur, Rajasthan.
Real Estate Mumbai
ED Seizes Rs 71 Crore in Properties in Major Mumbai Municipal Corruption Case
The Enforcement Directorate (ED) has attached immovable properties worth Rs 71 crore in a significant corruption case involving the Vasai Virar City Municipal Corporation (VVCMC). The case includes IAS officer Anil Pawar and others, with the ED's investigation revealing a widespread cartel of officials involved in illegal construction and bribery.
Real Estate Mumbai
Enforcement Directorate Chargesheet Reveals Luxury Purchases by Accused in Vasai-Virar Illegal Construction Scandal
The Enforcement Directorate (ED) has filed a chargesheet against 18 individuals, including two former senior officials of the Vasai Virar City Municipal Corporation (VVCMC), over the illegal construction of 41 buildings. The chargesheet reveals that the accused used bribe money to make luxury purchases, including expensive jewelry, a pen worth Rs 70,000, and iPhones.
real estate news
Understanding the Decline in RDB Real Estate's Stock: Market Analysis and Financial Insights
RDB Real Estate's stock has experienced a significant decline over the past week, underperforming the broader market. This article delves into the financial challenges and market conditions affecting the company's performance.
real estate news
RDB Real Estate Construction Faces Selling Pressure with 2% Decline Amid Ongoing Losses
RDB Real Estate Construction Ltd is experiencing significant selling pressure, leading to a 2% decline in stock value over the past three days. The company's underperformance relative to the Sensex highlights broader market trends and sector-specific challenges.
Real Estate
Telangana's Construction Sector Booms with 11.97% Growth, Says Minister
IT and Industries Minister Duddilla Sridhar Babu highlights a significant 11.97% growth in Telangana's construction sector, contributing over Rs 80,000 crore to the state's economy.
Real Estate
West Bengal Municipality Recruitment Scandal: ED Seizes Rs 45 Lakh and Property Papers
The Enforcement Directorate (ED) has conducted searches at multiple premises, including the office of West Bengal Minister Sujit Bose, seizing Rs 45 lakh in cash, property documents, and digital devices in connection with alleged irregularities in municipal recruitment.
Real Estate
ED Attachments: ₹423 Crore in Assets from Bengaluru’s Ozone Group for Financial Irregularities
The Enforcement Directorate (ED) has attached properties worth ₹423.38 crore belonging to Bengaluru-based real estate company Ozone Urbana Infra Developers Pvt Ltd and its promoter S Vasudevan. The move follows an investigation into alleged financial irregularities and money laundering under the PMLA.
real estate news
RDB Real Estate Construction Ltd Struggles with Ongoing Selling Pressure
RDB Real Estate Construction Ltd is facing significant selling pressure, with the stock experiencing consecutive days of losses. The company's performance has underperformed the broader market, raising concerns about the real estate sector.
Real Estate Mumbai
Mumbai's New Airport Elevates the City to Global Aviation Elite
The inauguration of Navi Mumbai International Airport (NMIA) marks a significant milestone, placing Mumbai alongside global cities like New York, Paris, and London. The airport, India's first fully digital and largest greenfield project, will handle 90 million passengers annually, transforming Mumbai's aviation landscape.
real estate news
GST Cuts to Boost Auto Demand: Real Estate, Trent, and Banks Poised for Comeback
The Indian market is poised for a broad-based revival led by automobiles, real estate, and select banking names. Market expert Nischal Maheshwari discusses the impact of GST cuts, reforms, and the outlook for various sectors.
real estate news
Nifty Smallcap 100 Rises 0.37% in September: Real Estate Sector Leads the Way
The Nifty Smallcap 100 index saw a 0.37% increase in September, driven by strong performances in the Real Estate sector. The market breadth remained neutral with an Advance-Decline Ratio of 49-51.
Real Estate
RDB Real Estate Construction Faces Significant Selling Pressure Over Nine Days
RDB Real Estate Construction Ltd is experiencing intense selling pressure, leading to a 15.7% loss over nine consecutive trading days. Despite this, the broader Sensex has shown resilience, gaining 0.15%.
Real Estate Maharashtra
Indian Real Estate Sector Witnesses 11% Surge in Institutional Investments
The Indian real estate sector has seen a significant 11% surge in institutional investments in the third quarter, with domestic investments leading the growth. The office sector remains a strong performer, while the residential segment faces challenges.
real estate news
RDB Real Estate Construction Faces Steep Decline Amidst Market Pressure
RDB Real Estate Construction Ltd has experienced a significant decline of 14.85% over the past eight days, underperforming against the broader market and reflecting a lack of buyer interest and bearish trends in the real estate sector.
Real Estate Maharashtra
Maharashtra's Economic Boost: GST Cuts Drive Growth in Key Sectors
Maharashtra's economy is set for a significant surge with the implementation of new GST cuts, benefiting key sectors such as IT, defence, agriculture, and manufacturing.