Embassy REIT's CEO steps down | KKR India's CEO buys flat in Mumbai for Rs 88 crore | H-RERA orders four builders to hand over flats in 90 days
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Embassy Office Parks, India's largest real estate investment trust (REIT), said on Tuesday that Aravind Maiya will be stepping down as CEO of Embassy REIT, effective immediately, after the country's markets regulator said he was not fit to hold the position.
KKR India’s Chief Executive Officer Gaurav Trehan has bought a sea view luxury apartment in a super-premium project Morena House on South Mumbai’s plush Carmichael Road for nearly Rs 88 crore from JSW Realty, a real estate development arm of JSW Group.
H-Rera has ordered four prominent developers — Raheja Developers, Ramprastha Developers, Tashi Land Developers, and Sunrays Heights — to deliver flats to their buyers within 90 days and pay approximately 11% annual interest on investments.
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In an ongoing Oberoi group family inheritance tussle, Anastasia Oberoi, daughter of late PRS Oberoi, moved a fresh plea in the Delhi High Court seeking stay on various agendas, including retirement and re-appointment of her siblings Vikramjit Singh Oberoi, Natasha Oberoi and cousin Arjun Singh Oberoi as directors of Oberoi Hotels and Oberoi Properties, in the Annual General Meeting that is scheduled for Tuesday (November 5).
Getting clearances for buildings just got simpler with the state govt setting deadlines for 11 departments to issue no-objection certificates (NOCs).
National Company Law Appellate Tribunal (NCLAT), on Monday, reserved its order in Jaiprakash Associates Ltd's (JAL) appeal against NCLT's order of admitting it into insolvency.
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