Real Estate News Updates for June 27

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!

Industry

Godrej Properties approves issuance of NCDs worth Rs 750 crore

The management committee of the board of directors of Godrej Properties have approved the placement memorandum for issuance of 75,000 rated listed unsecured redeemable non-convertible debentures (NCDs) of face value of Rs 1,00,000 each, aggregating to Rs 750 crore, the company said in a BSE filing.

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Cement

Shree Cement's managing director says no tax evasion

KOLKATA: The scrips of Shree Cement tumbled on the bourses on Monday on reports of income tax surveys against the company, amid reports alleging that the evasion amount could be as much as Rs 23,000 crore.

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Hospitality

Macrotech Developers emerges top bidder for Mumbai-based V Hotels

Lodha Group's listed entity Macrotech Developers has emerged as the successful bidder for Mumbai-based V Hotels Ltd, owner of Tulip Star, formerly known as Centaur Hotel Juhu.

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RERA

Developers of 107 projects apply for deregistration from MahaRERA

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has received applications for cancellation of registration for 107 projects, including 41 in Pune.

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Residential

Balcony sagging in Chintels Paradiso, developer barricades Tower F

GURUGRAM: Citing dilapidated condition of a flat’s balcony, Chintels India— the developer of Paradiso residential project located in Sector 109 — barricaded Tower F on Monday and asked the residents not to enter the premises.

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Residential

Noida: Flats in parking area unsealed, cars take up Antriksh Golf View 1 society driveway

NOIDA: The Noida Authority, last year, sealed 11 of the 78 flats built illegally in the stilt parking area of the Antriksh Golf View 1 society, but the builder unsealed two of them a few months ago, alleged residents.

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Popular Among Readers:

Delhi HC refuses to interfere with arrest of M3M directors in money laundering case

ED arrests two M3M promoters in money laundering case

Godrej Properties to acquire about 7.44 acre land for a residential project in Kolkata

DDA to offer 5,000 flats on first-come, first-serve basis, more may be added

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