BUSINESS
NBCC hopeful that it would get clearances for revised bid for Jaypee Infratech soon
Homebuyers complain that the situation has left them confused.
BUSINESS
Jaypee Infratech saga: NBCC's revised offer fails to make cut due to lack of approvals
Offer by Mumbai-based Suraksha Group will likely be the only one to be put to vote next week.
BUSINESS
Exclusive | Jaypee case: Bidders sweeten bids to appease homebuyers
Lenders of the embattled company are expected to meet on April 26 to discuss the revised bids of NBCC and Suraksha Group.
REAL-ESTATE
NBCC submits revised bid for Jaypee Infratech
Lenders of debt-ridden company are expected to meet on April 26 to discuss revised bids of NBCC and Suraksha Group and also decide whether Adani Group can be allowed to enter the race at this stage
BUSINESS
Lok Sabha polls 2019: Should you consider buying property now?
ANAROCK data suggests that 2014 (the year of the last general elections) saw the maximum launches and absorption across the top 7 cities.
BUSINESS
UP RERA rejects applications of 36 real estate projects
Most developers either did not have maps sanctioned by competent authority or the documentation in place. All of them would now have to reapply for RERA registration after completing all formalities.
BUSINESS
Homebuyers not enthused by Jaypee Group promoter's offer of completing delayed projects
Over 600 buyers attended the meeting, which they termed as an 'eyewash'.
REAL-ESTATE
No home, no vote: Disgruntled homebuyers plan to exercise NOTA option in Lok Sabha polls
Some buyers say that NOTA may not be the best option and is merely a namesake tool. Buyers will still end up voting for the wrong candidate. They should rather fight for the Right to Recall a candidate if he does not meet their expectations
REAL-ESTATE
Want to book a house under DDA housing scheme 2019? Here’s what you should know
The scheme opens on March 25 and will close on May 10
REAL-ESTATE
Explainer | What does GST Council’s transition plan for new taxes in real estate sector mean
With the government providing options to the developer under the GST regime, they cannot charge increase rates from buyers, say experts
BUSINESS
CREDAI and IBA to make joint representation to RBI to resolve issues related to last mile funding
IBA has recommended that CREDAI come up with a model structure wherein it could take over unfinished projects and complete them.
BUSINESS
HRERA issues notice to Supertech for selling a project without permission
The authority has also imposed a penalty of five percent on the estimated cost of the real estate project.
REAL-ESTATE
Explainer | All you need to know about India's first Real Estate Investment Trust
If you are a small investor and have Rs 2 lakh at your disposal, you may now wish to consider investing in REITs
REAL-ESTATE
Embassy Office Parks launches first REIT in India; to raise Rs 4,750 crore
The issue will open on March 18 in the price band of Rs 299 to Rs 300 and close on March 20
BUSINESS
Blackstone-Embassy Group expected to launch first REIT on March 13 to raise Rs 5,000 crore
Properties listed through a REIT are typically commercial assets -- primarily office spaces that can generate steady and lucrative rental income
BUSINESS
We will give houses within three years: NBCC to Jaypee homebuyers
Homebuyers demand higher delay payment amount paid by NBCC and shorter timelines for completion of units.
BUSINESS
Women emerging as critical homebuyer segment; number of women entrepreneurs on the rise
Contrary to the increasing conservative preference for compact homes, the Indian millennial woman does not want to compromise on property size.
BUSINESS
DDA Housing Scheme 2019 launched; 18,000 houses on offer across Delhi
This may not be the last housing draw by the Delhi Development Authority (DDA) as there are over 6,000 flats still under construction across Delhi, top DDA sources told Moneycontrol.
BUSINESS
Cabinet clears three out of six corridors of Delhi Metro's Phase IV
Phase IV is expected to take the metro to previously unconnected areas like Maujpur, Tughlakabad and improve connectivity to the international airport.
REAL-ESTATE
Indore gets cleanest city award for the third time
West Bengal did not participate in Centre’s cleanliness survey
BUSINESS
Retirement homes now a separate real estate category subject to RERA norms
Housing and Urban Affairs ministry releases guidelines for regulation of retirement homes to ensure ease of living for senior citizens.
ECONOMY
DDA housing scheme 2019 to be launched this week; 18,000 flats on offer
This may not be the last housing scheme by DDA as there are still over 6000 units under various stages of construction across Delhi.
BUSINESS
Things NRIs must remember before buying any property in India
While an NRI can buy any number of properties in India, the tax liability is different if the asset bought is for self use, generates rental income or if it has been bought for the sole purpose of investment.
REAL-ESTATE
SC allows Delhi Police to arrest Amrapali Group Chairman and two directors
Supreme Court also directed that their personal properties be attached. The next date of hearing has been fixed for March 26
