Bharat Dhuppar rejoins Omkar Realtors & Developers as CEO – Western Region

By Rohit Sharma MUMBAI: Real Estate player Omkar Realtors & Developers has announced the appointment of Bharat Dhuppar as the CEO of the company. After three years of gap, Dhuppar has again joined the company. Previously covered as Chief Project Officer (CPO) Omkar Worli, 1973 and Chief Marketing Officer (CMO). He worked as

Kotak Mahindra Investments to raise fund via secured, redeemable, non-convertible debentures

By Rohit Sharma MUMBAI: Kotak Mahindra Investments Ltd (KMIL), subsidiary of Kotak Mahindra Bank today informed Bombay Stock Exchange (BSE) that company will issue secured, redeemable, non-convertible debentures to raise fund. “Secured, redeemable, non-convertible debentures of the face value Rs 10 lakh each, total issue size of Rs 20 crore with an option

Even after OC, one can file complaint in RERA

By Rohit Sharma MUMBAI: Homebuyers can file a complaint against the builders even after the Occupation Certificate (OC) with Real Estate Regulatory Authority (RERA). In a recent case where the order of Maha RERA was challenged in Maharashtra Real Estate Appellate Tribunal by the builder in which the project had received OC

Eltizam Asset Management Group to invest AED 200 million for mergers, acquisitions in 2019-20

The asset management firm is in talks with three companies to secure further opportunities within the industry By Rohit Sharma ABU DHABI: Eltizam Asset Management Group, a physical asset management company in the Gulf Cooperation Council (GCC), is looking to acquire companies from multiple sectors including Facilities Management, Owners Association Management and Property

Former Tennis Pro Michael Chang Lists His California property for $8 million

By Rohit Sharma CALIFORNIA: Recently, former professional tennis player Michael Chang listed his private property spread over 9.5 acres in California for $80 million. Michael is the first man of Asian descent to win a major tournament and is now coach to professional tennis player Kei Nishikori, who is currently ranked sixth in

Mumbai realty firm offers jobs to Jet employees

By Rohit Sharma MUMBAI: As troubled carrier Jet Airways has decided to temporarily suspend all flights, with no cash to run operations any further, SAI Estate Consultants steps in to offer the helpless employees of the airline. Amit Wadhwani, Co-founder, Sai Estate Consultants expresses his grief and wants to give back to the

New launches increases by 3%, unsold stock dips by 4%: Study

By Accommodation Times Bureau NEW DELHI: New launches of housing units have increased by 3 per cent across the top 9 cities in India from 41,101 units in Q4 2018 to 42,504 units in the first quarter of 2019, as per PropEquity study. This small but critical rise in new launches indicates that

Spaces signs 6th property in India, second in Mumbai with Adani Realty

By Accommodation Times Bureau MUMBAI: The workspace is spread over 50,000 sq. ft. area and offering capacity of over 140 seats in one of the luxuriously constructed office spaces in Mumbai, the Amsterdam based workspace provider part of IWG, expanded its operation by opening its 6th property in India and second in