Real Estate News Updates for June 13

Welcome to the latest edition of?ETRealty's daily newsletter,?RealtyDigest! Through this especially curated newsletter, we aim to provide the latest real estate and allied industries' news, views, market trends, reports, video interviews and much more to help you navigate the world of real estate. Subscribe and Stay Tuned for daily updates!

Residential

Ninex Developers sold allotted flats to another company, booked for cheating buyers

GURUGRAM: A city-based realty company — Ninex Developers— and its directors have been booked for allegedly cheating homebuyers of several crores and selling their allotted flats to another private company, police said.

Read More >>

Industry

Mumbai: Slum scheme sop may lead to spurt in first-floor tenements

MUMBAI: With the state government likely to issue a government resolution (GR) soon conceding BJP's demand that first-floor slumdwellers be made eligible for slum rehab schemes, experts feel unless the policy is strongly regulated, it could lead to a spurt in construction of new first-floor slum tenements.

Read More >>

Residential

Government directs states to provide information on stuck housing projects, aims to resolve issues

The government has started the process of identifying stuck housing projects across the country in its efforts to help troubled homebuyers by ensuring delivery of such projects soon.

Read More >>

Industry

Redevelopment of dilapidated buildings on collector lands in Mumbai faces yet another hurdle

MUMBAI: For 8,000 housing societies built over collector lands in Mumbai region 50 to 60 years ago, there is yet another hurdle in their redevelopment.

Read More >>

Commercial

EY Global Delivery Services India renews office lease of 4.2 lakh sq ft in Bengaluru

BENGALURU: EY Global Delivery Services India has renewed office lease for 420,000 square feet office space in Bengaluru. The move comes at a time when companies have largely turned cautious in expanding their operations amid a global financial slowdown.

Read More >>

Popular Among Readers:

ED raids IREO, M3M, seizes luxury cars worth Rs 60 crore

ED arrests M3M director in money laundering case

Customised insolvency & bankruptcy code resolutions for real estate on the cards

Mumbai: Rohan Developers' director arrested in Rs 280 crore bank loan fraud case

This is a condensed version of?ETRealty?Newsletter! Get the full version by?subscribing here!

www.etrealty.com?is an online resource for the latest news, analysis, and insights on the Indian real estate market. Our website provides comprehensive coverage of the real estate sector, including residential and commercial properties, infrastructure developments, and regulatory updates.

Follow us here for more updates!

LinkedIn:?https://www.dhirubhai.net/company/et-realty/

Twitter:?https://twitter.com/Realty_ET

Facebook:?https://www.facebook.com/ETRealty

Instagram:?https://www.instagram.com/et.realty/