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

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

Even no date of possession mentioned in agreement for sale attract penal interest: MahaRERA

By Rohit Sharma MUMBAI: The recent judgment of Maharashtra Real Estate Regulatory Authority (MahaRERA) clearly says that if there is no possession date written in the agreement then it’s a violation of Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA). As many as 32 homebuyers

Square Yards targets Gross Traction Value $600 mn from international business

By Rohit Sharma UAE: Square Yards, is targeting Gross Transaction Value of $600 million from its international business in 2019 and plans to set up operations in Saudi Arabia by this year, the company said in the statement. The company recently announced its expansion in the Gulf region with two new offices in Kuwait