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Vandana Ramnani

Associate Editor, Real Estate

Moneycontrol News

Now, high-end millennials investing in second homes both in India and abroad

REAL-ESTATE

Now, high-end millennials investing in second homes both in India and abroad

Many of them have invested in properties in Goa, Alibag, Ranikhet within India or in countries such as Italy, Thailand, Sri Lanka, United Kingdom and New York.

IBC Amendment Bill 2019: Developers happy but homebuyers say things more difficult now for them

REAL-ESTATE

IBC Amendment Bill 2019: Developers happy but homebuyers say things more difficult now for them

For the real estate sector, the IBC Amendment Bill 2019 stipulates that insolvency action can be initiated only if 10 percent or 100 homebuyers (whichever is lower) or debenture holders agree to the move.

Cabinet approves Partial Credit Guarantee Scheme to help NBFCs, HFCs with liquidity

REAL-ESTATE

Cabinet approves Partial Credit Guarantee Scheme to help NBFCs, HFCs with liquidity

Move to provide stimulus to the real estate sector and the economy at large by enhancing credit flow 

Consumer court orders realtors to refund principal of over Rs 1.5 crore to buyers with interest

REAL-ESTATE

Consumer court orders realtors to refund principal of over Rs 1.5 crore to buyers with interest

NCDRC orders 3Cs and Orris Infrastructure to make the payments within 45 days

GROHE Hurun India Real Estate Rich List 2019 | Mumbai’s Macrotech tops luxury, Omaxe affordable segment

REAL-ESTATE-2

GROHE Hurun India Real Estate Rich List 2019 | Mumbai’s Macrotech tops luxury, Omaxe affordable segment

New Delhi’s Omaxe leads in the affordable housing category

Climate change impact: Rising sea levels may impact property prices in coastal areas

REAL-ESTATE

Climate change impact: Rising sea levels may impact property prices in coastal areas

Properties in Mumbai, Chennai, Goa, parts of Kerala, Odisha and Andhra Pradesh may feel the brunt; These will need to be protected with additional insurance that may push up prices

Mumbai, New Delhi and Bengaluru home to 75% of India's richest real estate developers

BUSINESS

Mumbai, New Delhi and Bengaluru home to 75% of India's richest real estate developers

Mumbai leads the real estate rich list with 37 individuals followed by New Delhi and Bengaluru with 19 realtors each.

Hurun Real Estate Rich List 2019: Mangat Prabhat Lodha named India’s richest real estate tycoon

BUSINESS

Hurun Real Estate Rich List 2019: Mangat Prabhat Lodha named India’s richest real estate tycoon

This year's Hurun Real Estate Rich list also says that the total wealth of top 100 Indians in the real estate sector stood at Rs 277,080 crore  – up 17% against 2018.

Noida's proposed Aqua Line Metro extension - here's all you need to know

BUSINESS

Noida's proposed Aqua Line Metro extension - here's all you need to know

Construction of the 14.98 km extension of the Aqua Line from Greater Noida West to Greater Noida's Knowledge Park V is expected to start in the next three months.

Jaypee Infratech case: NBCC, Suraksha Realty submit final bids

BUSINESS

Jaypee Infratech case: NBCC, Suraksha Realty submit final bids

NBCC in its final bid has offered 1,526 acres of land to lenders as against its earlier proposal of 1,426 acres; Suraksha Realty proposes 2,220 acres of land worth Rs 9,800 crore under the land-debt swap deal

Relief for homebuyers, developers after UP Govt’s relief package for nearly 1 lakh units stuck in litigation

REAL-ESTATE

Relief for homebuyers, developers after UP Govt’s relief package for nearly 1 lakh units stuck in litigation

Zero period for builders whose projects are stuck in litigation. Benefit only for  developers who provide written assurance that they would complete housing units by June 30, 2021

Amrapali case: SC directs homebuyers to deposit pending amount by Jan 31, 2020

BUSINESS

Amrapali case: SC directs homebuyers to deposit pending amount by Jan 31, 2020

Instructions sought on whether a part of the Rs 25,000 crore stressed fund can be utilized to complete Amrapali projects; Next date of hearing is December 13.  

Jaypee Infratech case: NBCC may offer 10% more land to lenders

BUSINESS

Jaypee Infratech case: NBCC may offer 10% more land to lenders

Suraksha may increase amount promised as compensation for delay; may hand over 250 towers in three years to buyers.

Will Jewar airport be a game-changer for real estate markets in Noida, Greater Noida and Yamuna Expressway?

REAL-ESTATE

Will Jewar airport be a game-changer for real estate markets in Noida, Greater Noida and Yamuna Expressway?

Real impact would not be immediate but likely to be visible only after eight to 10 years, say experts

Catching them young: Now a Thai co-working space for both start-ups and students

REAL-ESTATE

Catching them young: Now a Thai co-working space for both start-ups and students

The Thailand-based property development firm will launch two more co-working projects in Delhi NCR

Jaypee Infratech lenders demand more land, debt-free Yamuna Expressway from NBCC: sources

REAL-ESTATE

Jaypee Infratech lenders demand more land, debt-free Yamuna Expressway from NBCC: sources

Buyers demand delay compensation; Bidders asked to submit revised final proposals by December 3

Delhi Metro’s green initiative | DMRC produces about 32 MW of solar power, says MD Mangu Singh

REAL-ESTATE

Delhi Metro’s green initiative | DMRC produces about 32 MW of solar power, says MD Mangu Singh

Travel by Metro consumes 1 unit of energy, the same journey by car takes 22 units

DLF commercial leasing portfolio touches 33 million sq ft

BUSINESS

DLF commercial leasing portfolio touches 33 million sq ft

Company to construct DLF Downtown at Gurugram and Chennai; Planning IT Parks in Pune and Noida

Why homebuyers want NBCC and not Suraksha to take over Jaypee projects

REAL-ESTATE

Why homebuyers want NBCC and not Suraksha to take over Jaypee projects

Want a forensic audit into the affairs of JIL since its inception, NBCC must pay a delay compensation under RERA norms and that no private service provider’s portal be used for voting

Lenders of Jaypee Infratech may start voting on final bids by December 8: Sources

REAL-ESTATE

Lenders of Jaypee Infratech may start voting on final bids by December 8: Sources

The meeting of Jaypee Infratech's CoC to discuss queries on the interim plans submitted by NBCC and Suraksha Realty is expected to take place on November 28, sources said

A property developer provides service to a landowner and is liable to pay GST: AAR, Karnataka

BUSINESS

A property developer provides service to a landowner and is liable to pay GST: AAR, Karnataka

The land developer's role is limited to aiding and assisting the landowners in the sale of plots.

Exclusive | No plans of Delhi Metro IPO as co not yet profitable, says MD Mangu Singh

REAL-ESTATE

Exclusive | No plans of Delhi Metro IPO as co not yet profitable, says MD Mangu Singh

Loans taken from JICA for Phase 1, 2 and 3 are being paid off as per schedule, without any default, Singh said.

Homebuyers write to PM, say builders' move to seek IBC tweak dilutes their rights

REAL-ESTATE

Homebuyers write to PM, say builders' move to seek IBC tweak dilutes their rights

Real estate is not the only sector with a regulator. Other regulators like RBI, IRDAI, TRAI, SEBI and the corporate entities who come under these regulators have not made any such demand, the letter said 

1,665 RERA-registered housing projects delayed by over five years: Report

REAL-ESTATE

1,665 RERA-registered housing projects delayed by over five years: Report

The biggest beneficiary of the government’s recently announced Rs 25,000-crore AIF could be the MMR housing market as most delayed projects are networth-positive

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