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Supreme Court ruling protects genuine homebuyers, bars speculative investors from misusing IBC

India, Sept. 30 -- In a landmark ruling with wide-ranging implications for the real estate sector, the Supreme Court of India has drawn a clear distinction between speculative investors, whom it descr... Read More


Anurang Jain, nephew of the late Rahul Bajaj of the Bajaj Group, buys a luxury villa in Alibaug for Rs.38.15 crore

India, Sept. 30 -- Anurang Jain, nephew of the late Rahul Bajaj of Bajaj Auto, and promoter of Endurance Technologies, has purchased a luxury villa in the coastal town of Alibaug, near Mumbai, for Rs.... Read More


Conscient Infrastructure appoints Rishi Raj as chief executive officer

India, Sept. 30 -- Conscient Infrastructure Private Limited (CIPL) has appointed Rishi Raj as Chief Executive Officer, the company said in a statement on September 30. Raj will join Conscient from Oc... Read More


Karnataka amends Rent Control Act: Fines for subletting violations raised 10-fold to Rs.50,000

India, Sept. 30 -- The Karnataka state government has introduced amendments to the Karnataka Rent Control Act, 1999, decriminalizing rental disputes while imposing higher penalties. Nine clauses of th... Read More


Pankaj Tripathi and his family buy two apartments worth nearly Rs.11 crore in Mumbai

India, Sept. 30 -- Bollywood actor Pankaj Tripathi, his wife Mridula Tripathi, and their daughter Aashi Tripathi have purchased two apartments in Mumbai's Andheri West and Kandivali West areas for Rs.... Read More


Relief for 400+ Noida Sports City homebuyers as SC permits conditional OCs for six Godrej Nest towers in Sector 150

India, Sept. 29 -- Over 400 flat buyers in the Godrej Nest project at Noida's Sector 150 Sports City have received relief after the Supreme Court directed the Noida Authority to issue conditional occu... Read More


Signature Global joins hands with WRI India for pilot study to reduce air pollution in real estate projects

India, Sept. 29 -- Gurugram-based real estate developer Signature Global (India) Ltd, said on September 29 that it has joined hands with WRI India to conduct a pilot study aimed at reducing constructi... Read More


Smartworks launches SmartVantage to accelerate GCC growth in India

India, Sept. 29 -- Smartworks Coworking Spaces Limited, a managed office platform, on September 29 announced SmartVantage, a purpose-built solution designed to accelerate the next phase of growth for ... Read More


Indian REITs Association joins global body to promote real estate investment trust sector

India, Sept. 29 -- The Indian REITs Association (IRA) has joined the Global REIT Alliance, an international coalition dedicated to advancing the Real Estate Investment Trust (REIT) sector worldwide, i... Read More


Sunteck Realty launches ultra-luxury brand 'Emaance', to roll out Rs.20,000 crore projects in Mumbai and Dubai

India, Sept. 29 -- Sunteck Realty Limited on September 29 announced the launch of Emaance, an exclusive by-invitation-only real estate lifestyle brand, through which it plans to roll out ultra-luxury ... Read More