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.
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.
Real Estate Pune
Kolte-Patil Developers Shares Rise Over 3% on Blackstone Allotment
Shares of the Pune-based real estate developer, Kolte-Patil Developers, surged by 3.21% to hit an intraday high of ₹472, buoyed by the allotment of shares to Blackstone.
real estate news
Cosmic CRF Ltd Stock Surges 7% After Ashish Kacholia Boosts Stake to 18.39%
The shares of Cosmic CRF Ltd, a leading manufacturer of railway components and engineering products, jumped over 7% after Ashish Kacholia increased his stake to 18.39% through a preferential issue. The company has reported robust financial performance and holds a strong order book.
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.
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.