Real Estate
Cyber Con Artist Dupes SBI Staff, Steals Rs. 38.2 Lakh from Real Estate Developer's RERA Escrow Account
A cyber con artist posing as a representative of Adithi Developers, a city-based real estate firm, managed to dupe SBI staff and siphon off Rs. 38.2 lakh from the company's RERA escrow account.
real estate news
Cyber Con Artist Poses as Real Estate Firm Representative, Defrauds SBI Staff of Rs. 38.2 Lakh
A cyber con artist posing as a representative of a city-based real estate firm managed to defraud the State Bank of India (SBI) staff of Rs. 38.2 lakh by spoofing an authorized email account and making urgent payment requests.
Real Estate
Adilabad Police Cracks Down on Real Estate Agents Encroaching ED-Attached Land
Adilabad police have arrested two real estate agents and booked eight others for encroaching on 2.10 acres of ED-attached land mortgaged to the State Bank of India (SBI). The accused used fake documents to claim ownership.
real estate news
SBI to Acquire 200 Flats for Staff Housing in Mumbai for ₹294 Crore
The State Bank of India (SBI) is planning a significant bulk housing acquisition, purchasing 200 ready-to-move two-bedroom apartments across multiple locations in the Mumbai Metropolitan Region (MMR) for its employees. The deal, valued at ₹294 crore, reflects the bank's preference for direct ownership over rental arrangements.
Real Estate Mumbai
SBI to Acquire 200 2BHK Flats in Mumbai for ₹294 Crore: A Strategic Move for Staff Housing
The State Bank of India (SBI) has issued a tender to purchase 200 ready-to-move-in 2BHK flats in Mumbai for ₹294 crore, with strict criteria for developer participation.
Real Estate Maharashtra
SBI to Acquire 200 2BHK Apartments in Mumbai for ₹294 Crore
The State Bank of India (SBI) is planning to purchase 200 ready-to-move-in 2BHK apartments in various locations across the Mumbai Metropolitan Region (MMR) for its employees, in a bulk deal valued at around ₹294 crore, excluding statutory taxes.
real estate news
SBI to Acquire 200 Ready-to-Move-In 2BHK Apartments in Mumbai for ₹294 Crore
The State Bank of India (SBI) plans to buy 200 ready-to-move-in 2BHK apartments in various locations across the Mumbai Metropolitan Region (MMR) for its employees, in a bulk deal valued at ₹294 crore, excluding statutory taxes.
Real Estate Mumbai
SBI to Acquire 200 2BHK Apartments in Mumbai for ₹294 Crore
The State Bank of India (SBI) plans to purchase 200 ready-to-move-in 2BHK apartments across various locations in the Mumbai Metropolitan Region (MMR) for its employees, in a bulk deal valued at around ₹294 crore, excluding statutory taxes.
Real Estate
SBI to Acquire 200 Two-BHK Apartments in Mumbai for ₹294 Crore
The State Bank of India (SBI) is planning to buy 200 ready-to-move-in 2BHK apartments across various locations in the Mumbai Metropolitan Region (MMR) for its employees in a bulk deal worth ₹294 crore.
Real Estate Mumbai
CBI Launches Investigation into ₹16 Crore SBI Fraud by Pune-Based Real Estate Firm
The Central Bureau of Investigation (CBI) has initiated a probe against a Pune-based real estate firm for allegedly defrauding the State Bank of India (SBI) of over ₹16 crore through fraudulent means.
Real Estate Maharashtra
CBI Launches Investigation into ₹16 Crore Bank Fraud by Pune-Based Real Estate Firm
The Central Bureau of Investigation (CBI) has initiated a probe against a Pune-based firm for allegedly defrauding the State Bank of India (SBI) to the tune of ₹16.35 crore. The firm, engaged in real estate and construction, is accused of misrepresenting financial data and diverting funds.
Real Estate
Top Stock Picks for Next Week: Bajaj Finance and Coforge Show Strong Potential
Sudeep Shah, Head of Technical Research and Derivatives at SBI Securities, highlights Bajaj Finance and Coforge as top picks for the upcoming week, while cautioning against overbought conditions in GMDC.
real estate news
SBI's Home Loan Rate Hike: Impact on Housing Market and First-Time Buyers
SBI's recent decision to increase home loan rates could slow down the housing market, particularly affecting first-time buyers who are sensitive to affordability and EMI changes, according to Amit Mamgain of Yugen Infra.
Real Estate Mumbai
ED Raids Multiple Mumbai Properties Linked to Anil Ambani: Unveiling a Well-Planned Scheme to Siphon Off Public Money
The Enforcement Directorate (ED) conducted raids on several premises in Mumbai linked to Anil Ambani, following SBI's declaration of him as a 'fraud' account holder. The operation involved 35 premises, 50 companies, and over 25 individuals, all suspected of money laundering and illegal financial activities.
Real Estate Mumbai
Mumbai Businessman Denies Bail in Rs 764 Crore Bank Fraud and Money Laundering Case
Vijay Gupta, founder of the Vindhyavasini Group, has been denied bail by a special PMLA court in Mumbai. The businessman is accused of involvement in a Rs 764.44 crore fraud and money laundering case involving the State Bank of India.
Real Estate Mumbai
Top Business Highlights of the Week: Trade Deals, Market Rallies, and More
This week's top business stories cover a range of sectors, including trade agreements, stock market performance, precious metals, and real estate. Notable highlights include India's trade pact with EFTA, the rise in stock markets, and a significant real estate purchase by a Godrej family member.
real estate news
Baroda Rayon Corporation Secures Rs 100 Crore Loan from SBI for Real Estate Project
Baroda Rayon Corporation Limited (BRCL) has secured a Rs 100 crore loan from the State Bank of India (SBI) to fund a commercial real estate project, marking a strategic pivot from textiles to property development.
Real Estate Pune
Bengaluru Entrepreneur Relocates to Pune Amid Language Controversy
A tech entrepreneur in Bengaluru, Kaushik Mukherjee, is moving his company to Pune due to language-related issues, including a viral video of an SBI manager refusing to speak Kannada. The decision highlights ongoing debates about language use in public services.
real estate news
Navigating Market Trends: Insights from SBI Securities on FII Moves and PNB Housing Performance
The stock market has seen a mix of cautious sentiment and strong performances, particularly with PNB Housing. SBI Securities' Sudeep Shah offers insights into Foreign Institutional Investor (FII) moves and the factors driving PNB Housing's recent uptick.
real estate news
RBI Repo Rate Cut: Top Stock Picks from SBI to Asian Paints
Following the RBI's repo rate cut, experts recommend seven stocks across various sectors, including banking, real estate, auto, and consumer durables. The move aims to boost liquidity and economic growth, despite recession fears.