Real Estate News Update for September 26
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Real estate developer Puravankara has acquired 2.3 acres of land in Bengaluru from Citrus Venture Projects for around Rs 135 crore, said people familiar with the matter.
NBR Group, a real estate developer based in Bengaluru, has acquired a 9.65-acre land parcel in the Sarjapur-Mullur suburb of Bengaluru.
Home interior services startup HomeLane has acquired smaller rival DesignCafe in a share-swap deal that values the combined entity at Rs 3,000 crore.
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Sancoale panchayat on Wednesday unanimously resolved to issue a show cause notice to project proponent Parmesh Construction Company Ltd which obtained permission for Bhutani Infra to build multi-dwelling units at Savarfond, Sancoale.
The National Green Tribunal (NGT) has criticised the Haryana State Environmental Impact Assessment Authority (SEIAA) for its "procrastination" in determining whether a 225-acre licensed colony in Sector 47 required an environmental clearance.
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