Homebuyers waiting for property title registrations of their apartments in various group housing projects have a good news! The Greater Noida Industrial Development Authority (GNIDA) has started offering part-wise occupancy certificates (OC) for housing projects. GNIDA has started the flat-wise registry process in various group housing projects to help homeowners…
The Greater Noida Development Authority (GNIDA) has launch of two new housing schemes on 10 July 2023, inviting applications for the allotment of built-up houses and apartments. The schemes, namely Scheme Code: BHS-18/LOH-02 and BHS-17/LOF-04, offer a great opportunity for individuals and families to fulfill their dream of owning a…
The Noida Authority‘s proposed auction for group housing plots located in Sectors 43 has received great response from top developers, including a Birla Group company. The plot measuring 41,145 square metres (Plot No. GH 1/C, Sector 43, Noida) attracted five bids from real estate developers. According to news reports, the…
hBits, an Indian fractional real estate ownership platform, has secured regulatory approval from the Securities and Exchange Board of India (SEBI) to raise more than Rs 500 crore through a Category II Alternative Investment Fund (AIF). The raised funds will be utilized to invest in commercial real estate investments across…
The Securities and Exchange Board of India (SEBI) is considering the regulation of platforms offering fractional ownership of real estate assets to retail investors. Through its Consultation Paper titled “Regulatory Framework for Micro, Small, and Medium REITs (MSM REITs),” SEBI seeks to bring fractional ownership platforms (FOPs) under the existing…