Real Estate News Update for August 12
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A builder-developer was booked by Mumbai Police for allegedly using forged documents to stake claim to 71 flats/offices in a project in Bhandup and cheating his partners of Rs 13.65 crore, a police official said on Saturday.
Godrej Properties (GPL) has acquired about 90-acre land parcel in Khalapur - Raigad, Maharashtra.
The National Company Law Tribunal (NCLT) has approved the resolution plan proposed by an affiliate of listed property developer Oberoi Realty to acquire real estate development firm Nirmal Lifestyle Realty.
CVC Capital Partners, one of the largest European private equity groups, has trumped EQT to emerge as the highest bidder for Aavas Financiers (formerly AU Housing Finance).
Residents of Gurgaon One in Sector 84 staged a protest against the developer on Saturday over various issues, ranging from defunct lifts to a hike in common area maintenance charges and an increase in the number of monkeys in the society.
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