BUSINESS
Real estate in 2019: A look at 10 game- changing regulatory decisions
2019 was a year of 'recovery and recuperation'. Regulatory seeds sown this year are expected to bear fruits in 2020.
BUSINESS
Realty recap 2019: Rs 25,000 crore stressed fund offers hope for stuck realty projects
2020 likely to see stuck realty projects getting revived by government funds; More commercial REITs to be listed as developers look to unlock value of assets to raise capital
BUSINESS
NBCC to acquire Jaypee Infratech, receives 97.36% votes from lenders
As many as 13 banks and over 23,000 homebuyers have voting rights in the Committee of Creditors (CoC). Buyers have around 58 percent votes. A bid needed at least 66 percent of the votes to receive approval.
REAL-ESTATE
Exclusive | Around 400 applications filed for last mile funding for real estate projects: Sources
Disbursement for stalled projects may take place by the end of this month, sources said
BUSINESS
SC seeks response from Centre on time needed to process Amrapali Group's application for funding from stressed asset fund
SC directs NBCC to fast track completion of category-A projects of Amrapali; Next date of hearing is January 10
REAL-ESTATE
Jaypee insolvency case | Homebuyers, banks vote in favour of NBCC
Some take a cautious approach and vote for both Suraksha Realty and NBCC
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.
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.
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
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
REAL-ESTATE
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
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
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.
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.
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.
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
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
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.
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.
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
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
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
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
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
