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
Hyderabad Couple Arrested for Rs 22.5 Lakh Real Estate Scam
Bowenpally police have arrested a couple from Narsingi for defrauding two women of Rs 22.5 lakh in a real estate scam. The suspects created a fake venture and forged documents to deceive the victims.
real estate news
Hyderabad Couple Arrested for Rs 22.5 Lakh Real Estate Scam
Bowenpally police in Hyderabad have arrested a couple for defrauding two women of Rs 22.5 lakh in a real estate scam. The suspects, Parashuramulu and Madhavi, operated a fake venture and forged documents to deceive the victims.
Real Estate Mumbai
Embassy REIT Refutes Sterling Wilson's Non-Payment Claims
Embassy Real Estate Infrastructure Trust (REIT) has categorically denied Sterling Wilson's claims of non-payment of dues, labeling them as frivolous and false.
Real Estate Maharashtra
Pune’s Shrimant Dagdusheth Ganpati Replica Immersed in Phuket Sea
A 50-foot replica of Pune's Shrimant Dagdusheth Ganpati Temple has been immersed in the Phuket sea, marking a significant cultural milestone in Thailand. The project, costing Rs 9 crore, was completed by Thai businesswoman Papa Son Mipa.
Real Estate Pune
Pune’s Shrimant Dagdusheth Ganpati Replica Immersed in Phuket Sea: A Cultural Milestone
For the first time, a replica of Pune's Dagdusheth Ganpati festival idol was immersed in the sea in Thailand’s Phuket, marking a significant cultural milestone. The replica temple, a testament to Thai-Indian relations, was completed by Thai businesswoman Papa Son Mipa.
Real Estate
PR Firms Speak Up: The Challenge of Unpaid Dues
PR professionals share their insights on the persistent issue of unpaid client dues, particularly in the startup and real estate sectors, and discuss potential solutions to address this challenge.
real estate news
Edelweiss ARC Seeks Investors and Developers for 1.7-Acre Khar Real Estate Project
Edelweiss ARC has issued an Expression of Interest (EOI) to attract investors and developers for the completion of a 1.7-acre real estate project in Khar, Mumbai. The project, currently under construction, is strategically located near key infrastructure and educational institutions.
Real Estate
Mastermind of Multicrore Real Estate Scam Arrested in Maharashtra
Dattatray Ganpati Mohite, the alleged mastermind behind a multicrore real estate fraud, was arrested in Maharashtra after evading the law for over a decade. The scam, centered on a bogus housing scheme called Pragati Valley Project, duped thousands of investors.
Real Estate
RBI's Securitisation Plan: A Step Forward or Another Quick Fix for Bad Loans?
India's banking sector is grappling with a significant non-performing assets (NPA) crisis, and the Reserve Bank of India's (RBI) new securitisation plan aims to address this issue. However, the plan raises questions about its effectiveness and potential risks.
Real Estate Mumbai
Mumbai News: KEM Hospital Workers Protest Over Unpaid Salaries
Class IV workers at the BMC-run KEM Hospital in Mumbai staged a peaceful protest by giving roses to the dean on Tuesday, demanding unpaid salaries and better working conditions.
Real Estate Mumbai
JNPA to Construct Rs10B Green Headquarters at Mumbai Port by 2027
The Jawaharlal Nehru Port Authority (JNPA) is set to build a state-of-the-art, environmentally friendly headquarters at the Mumbai Port, with an estimated cost of Rs10 billion. The project is slated for completion by 2027, aligning with the government's p
Real Estate Mumbai
JNPA to Develop Rs 1,000-Cr Corporate Office Building in Mumbai Port
The Jawaharlal Nehru Port Authority (JNPA) has announced plans to develop a state-of-the-art corporate office building in Mumbai Port, with an outlay of Rs 1,000 crore. This strategic move aims to enhance the port's infrastructure and attract major corpor
Real Estate Maharashtra
Cabinet Approves Major Highway Project from JNPA to Chowk in Maharashtra
The Maharashtra Cabinet has given the green light for a significant highway project connecting JNPA to Chowk, set to boost regional connectivity and economic development.
Real Estate Maharashtra
Contractors Halt Construction Projects Over Rs 900 Billion Unpaid Dues
The construction industry in India is facing a severe crisis as contractors have halted work on numerous projects due to an accumulated Rs 900 billion in unpaid dues. This situation has brought many construction sites to a standstill, raising concerns abo
real estate news
Odisha Real Estate Authority Uncovers 57 Builders Owning Unpaid Fines Worth Rs 6 Crore
The Odisha Real Estate Regulatory Authority (ORERA) has identified 57 real estate developers who owe unpaid fines amounting to over Rs 6 crore. This move aims to ensure transparency and accountability in the real estate sector.
Real Estate Maharashtra
Goyal Urges Real Estate Sector to Embrace Eco-Friendly Construction Practices
Union Minister Piyush Goyal has called on real estate developers to adopt environment-friendly construction techniques and focus on affordable rental housing to curb urban slum proliferation.
Real Estate
PNB's 831 Loan Accounts: A Deep Dive into the Rs 1.03 Lakh Crore IBC Case
The Punjab National Bank (PNB) has identified 831 loan accounts involving Rs 1.03 lakh crore that fall under the purview of the Insolvency and Bankruptcy Code (IBC). Is the IBC equipped to handle default cases by real estate companies? Let's explore.
Real Estate Pune
Replica of Pune's Shreemant Dagdusheth Halwai Ganpati Temple Unveiled in Thailand's Phuket
A replica of the famous Shreemant Dagdusheth Halwai Ganpati Temple from Pune has been unveiled in Phuket, Thailand, marking a significant cultural milestone for the Indian community living there. The event was orchestrated by the Chairperson of Phuket 9 R
Real Estate Maharashtra
Vadhvan Port Development Gets Rs 17 Billion Boost with Tender for Major Works
The Vadhvan Port Project, a major joint venture with the JNPA holding a 74 per cent stake, has received a significant financial boost with the announcement of a Rs 17 billion tender for crucial construction works.