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#RealtyNewsRoundup: Housing Society In Ghaziabad Sealed For 6 Hours Over Dues

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Realty News Roundup is PropGuide’s selection of daily top stories from the real estate sector.

The Ghaziabad district administration sealed a co-operative group housing society in Vasundhara owing to non-payment of stamp duty dues. The premises were sealed for six hours without any prior notice that resulted in residents getting trapped inside. Shri Krishna Sahkari Awas Samiti is built on an area of about 2 acres, comprising 120 flats with about 900 residents.

A recent tender for the sale of a prime three-acre plot in the Bandra-Kurla Complex in Mumbai found no takers. The Mumbai Metropolitan Region Development Authority (MMRDA) had reserved an exorbitant price of Rs 1,500 crore for the land parcel.

In one of the biggest property transactions in recent times, Ajeenkya Patil, son of Congress leader and former Bihar governor DY Patil, has purchased a triple duplex apartment at Worli's Silverene Terrace for nearly Rs 100 crore. The sea-facing 23-storey building is a much sought-after address in the city. 

Weeks after HDFC Bank sold out its first issuance of rupee-denominated debt to overseas buyers, the bank is planning to raise another Rs 2,000 crore through masala bonds. The next issue is expected to be out in three to six weeks.

 Source: Media reports

Tags: Bandra Kurla Complex, HDFC, Mumbai Metropolitan Region Development Authority, Video, propguide


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