PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Tamil Nadu Faces HC Ire Over Land Record Digitisation

Loading video...

Description

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

The Madras High Court has rapped the Tamil Nadu government state for failing to digitise land records in the state. The high court has summoned the state revenue secretary in the court on November 10 to answer in this regard.

Cash-strapped Haryana Urban Development Authority (Huda) is planning to auction 17 commercial properties in Rewari and Dharuhera on November 1. With the auction of 13 shops in Rewari and four shops-cum-offices in Dharuhera, the urban body is expected to raise around Rs 25 crore. Huda had listed several commercial properties in Gurgaon, Rewari and Dharuhera for auction in March, but had failed to attract buyers.

Cerestra Advisors Ltd, a real estate-focused private equity company, has bought Alexandria Knowledge Park at Genome Valley in Hyderabad for Rs 400 crore. The property, which counts tenants such as Swiss pharmaceutical giant Novartis, was previously owned by New York-based Alexandria Real Estate Equities. The Hyderabad park has leased office space of 500,000 sq ft but its total built-up potential is 2.5 million sq ft.

The 17-lender consortium led by State Bank of India will auction Goa’s Kingfisher Villa today. The reserve price for the sea-facing plush property once-owned by Vijay Mallya has been set at Rs 85.29 crore. Mallya owes over Rs 9,000 crore to lenders like SBI, PNB, IDBI Bank, BoB, Allahabad Bank, Federal Bank and Axis Bank, among others.

Source: Media reports

Tags: Gurgaon, Hyderabad, Goa, SBI, Video


#RealtyNewsRoundup: Huda To Tweak Payment Policy Of Properties Sold In Auction

Here are today's top news stories from the real estate sector.

October 12 2016

+ Click Here To Read This Article

After SBI, Other Banks Slash Home Loan Interest Rates

Private majors ICICI Bank and HDFC Bank have reduced the interest rate for loans up to Rs 30 lakh to 8.35 per cent.

May 16 2017

+ Click Here To Read This Article

Actor Sachiin Joshi Buys Mallya’s Kingfisher Villa For Rs 73 Cr

The property was first auctioned in March 2016 for a reserve price of Rs 150 crore, this price was later brought down in the second auction to Rs 135 crore in August, and to Rs 115 crore in December.

April 10 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Sebi Relaxes Norms For REITs And InvITs

Here are today's top news stories from the real estate sector.

December 01 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Malabar Group Debuts In Real Estate Sector

Here are today's top news stories from the real estate sector.

November 11 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Gujarat Keeps Its Deadline With Real Estate Act

Here are today's top news stories from the real estate sector.

November 01 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Govt To Sell 15% Stake In NBCC Today

Here are today's top news stories from the real estate sector.

October 20 2016

+ Click Here To Read This Article

#WeeklyNewsRoundup: Delhi Govt Asked To Submit Fresh Proposal on Circle Rates

Here are the week’s top news stories from the real estate sector.

October 08 2016

+ Click Here To Read This Article

There are so many ways in which you could have miscalculated the entire thing and might be starting...

A number of developers have come up with township projects in different parts of Bengaluru....

Raipur administration is planning an 18-acre forest amid the city. The city, which has been ranked...

Service tax is payable only on property purchase directly from developers and is not required in...

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

Noida offers a perfect blend of residential apartment societies, luxury villas and commercial...

A number of developers have come up with township projects in different parts of Bengaluru....

A building code is a set of norms that govern construction of buildings by stipulating minimum...

PropGuide simplifies complex real estate jargons for you.

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top