Debt-laden Supertech offered 9,705 flats across 18 residential projects to their owners without obtaining occupancy certificates from the respective development authorities, according to a report prepared by the realty firm’s interim resolution professional. The Interim Resolution Professional (IRP) Hitesh Goel has submitted the status report about the company to the National Company Law Appellate Tribunal […]
Real Estate
Noida Authority Issues Rs 235 Cr Notice To DLF Over Mall Of India Land Compensation
The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said Monday. The DLF, however, said it was yet to receive the communication. The development comes in […]
SAYA Homes Ushers In Seasonal Festivities, Launches ‘Navratri Carnival’
Special Navratri discounts and on spot assured gifts for customers of SAYA Gold Avenue & SAYA Piazza On the pious occasion of Navratri, SAYA Homes, a leading developer in Delhi-NCR region is organizing ‘Navratri Carnival’. The carnival is set to give property buyers an opportunity to buy their dream properties at posh areas with top-notch […]
DLF Targets Rs 1,800 Cr Sales Revenue From New Luxury Project In Gurugram
Realty major DLF will develop a new luxury housing project in Gurugram with an estimated sales realisation of about Rs 1,800 crore, its Group Executive Director Aakash Ohri said on Monday. DLF has launched its project ‘The Grove’, which is located at DLF phase-5. “We have launched a new project which will be low-rise luxury […]
SAYA Homes Unlocks NCR’s Real Estate Market; Records Sales Of Rs. 150 Crores In 6 Months
Leading developer in the Delhi-NCR region, SAYA Homes recorded sales of Rs. 150 crores, from their luxury commercial project SAYA Piazza and luxury residential property SAYA Gold Avenue, over the past six months. Since the market for premium projects has increased again in recent months, the company also expects to introduce new projects of this […]
Signature Global Posts Rs 115.5 Crore Net Loss In FY22
Realty firm Signature Global (India) Ltd, which is planning to launch Rs 1,000-crore public issue, posted a net loss of Rs 115.5 crore during the last financial year. Its net loss stood at Rs 86.27 crore in the 2020-21 fiscal year. Last month, the Delhi-based firm had filed the Draft Red Herring Prospectus (DRHP) with […]
SAYA Homes Celebrates I-Day With Bollywood Star Shakti Kapoor
The ceremony was held at SAYA Gold Avenue and SAYA Zion It featured live performances from Shivaya Band and Sanam Singh On the occasion of the 75th Independence Day, SAYA Homes, a leading developer in the Delhi-NCR region, observed the true spirit of Independence Day with different hues of patriotism and grand celebration. The ceremony […]
Ajmera Realty Q1 Sales Bookings Rise To Rs 400 Crore
Ajmera Realty & Infra India Ltd’s sales bookings have jumped more than three times to Rs 400 crore in the first quarter of this fiscal year on better demand for its properties. Its sales bookings stood at Rs 111 crore in the year-ago period. The company’s consolidated net profit increased to Rs 11.57 crore during […]
Repo Hike: Realtors Expect Short-Term Impact On Housing Sales, Buying Sentiments
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI’s decision to hike repo rate, according to real estate developers and consultants. However, the impact of RBI’s decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent is expected to be for a short […]
Ajmera Realty Acquires Land In Mumbai For Rs 42.5 cr
Ajmera Realty & Infra on Tuesday said it has acquired 1,721 square metres of land in Mumbai for Rs 42.5 crore to develop a housing project with an estimated sales revenue potential of Rs 250 crore. In a regulatory filing, the company informed that its subsidiary Shree Yogi Realcon Pvt Ltd has acquired property from […]