KRERA pulls up Shriram Properties for providing misleading information
Mon, Apr 22, 2024 11:03 AM

KRERA pulls up Shriram Properties for providing misleading information

A Flip by Shubhangi Gupta
Get it on Google Play
The Karnataka Real Estate Regulatory Authority (KRERA) has ordered Suvilas Properties, a wholly-owned subsidiary of Bengaluru-based listed real estate player Shriram Properties Ltd (SPL), to refund the entire booking amount after it provided wrong information to the buyer before the sale. In this case, the developer sold an apartment to the buyer worth Rs 1.2 crore.

More great flips

Bitcoin Is a Better Buy Than Gold in 2025 and Beyond

Bitcoin Is a Better Buy Than Gold in 2025 and Beyond

The stock market's bullish fever trickled to other assets, like gold, which saw its price rise 26% in 2024. But that gain doesn't hold a candle to Bitcoin, which soared 119% last year. Bitcoin is a better buy than gold in 2025 and beyond due to its absolute finitude, ease of storage and transport, divisibility, and potential to increase purchasing power, outpacing inflation and gold's performance.

Open Flip
Biden Goes Out With a Bang in the Jobs Market

Biden Goes Out With a Bang in the Jobs Market

President Joe Biden is ending his term in office with a remarkably strong labor market. According to data released Friday by the Labor Department, employers added a surprising 256,000 jobs in December, the largest increase since March, and the unemployment rate dropped a tenth of a percentage point to 4.1%. Both numbers were better than analysts expected.

Open Flip
Wall Street Week Ahead-Inflation report could rattle markets

Wall Street Week Ahead-Inflation report could rattle markets

U.S. inflation data could test stock investors' nerves, potentially raising treasury yields and adding to uncertainty around Trump's policy plans. The S&P 500 has fallen 1% this year, with markets watching the consumer price index due on January 15. Strong jobs growth and inflation concerns could affect the Federal Reserve's interest rate decisions for 2025.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon