Authorities in Kuwait have launched a crackdown on illegal property extensions following a devastating fire that killed 50 people, including 46 Indians.
KuwaitProperty ExtensionsFireMigrant WorkersNbtc GroupReal EstateJun 15, 2024
The fire was caused by an electric short circuit in the room of the building guard.
50 people died in the fire, including 46 Indians.
The NBTC Group is providing immediate financial support to all affected families and is working with the Ministry of Health to ensure the best possible treatment for the injured.
The Kuwait Municipality has launched a crackdown on illegal property extensions to prevent such disasters in the future.
25 injured Indians are receiving medical treatment.
Four former employees of Jugyah Real Estate Pvt Ltd have been booked for allegedly hacking into the company's system, stealing data worth ₹80 lakh, and selling it to a rival firm.
Marico CEO Saugata Gupta's recent purchase of a luxury apartment in Worli, Mumbai, highlights the city's status as the most expensive real estate market in India.
The Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside a conditional interest payment order by MahaRERA, directing ITMC developers to pay a 2% interest on outstanding amounts without any concessions.
Mumbai, India's largest and most expensive real estate market, continues to set new benchmarks in property transactions. The latest high-profile acquisition is by the CEO of KKR India, who has secured a luxurious sea-view apartment in the exclusive Carmic
Delhi-NCR has emerged as a prime location for luxury housing, with sales increasing by an impressive 37.8% in early 2024. The region is leading in the development of premium residences that boast unique and sophisticated designs, catering to the elite mar
The Confederation of Real Estate Developers' Associations of India (CREDAI) has voiced concerns over the proposed 18% Goods and Services Tax (GST) on the Floor Space Index (FSI) for real estate projects, arguing that it will add to the financial burden of