REAL-ESTATE
UP RERA issues show cause notices to 12 builders for diverting Rs 3,000-crore funds
The regulator is expected to take a decision on deregistering projects by next week
REAL-ESTATE
Supreme Court gives Amrapali Group last chance to make all financial disclosures
The next date of hearing is on December 5. Amrapali Group has been asked to file its reply by December 3
BUSINESS
Kotak, L&T, NBCC, 2 others submit EoI to take over bankrupt Jaypee Infratech
Legal experts said that the next step would entail evaluation of the assets of JIL by the bidders.
BUSINESS
UP RERA planning to rate real estate developers, projects
The purpose of grading both buyers and projects is that over a period, it creates a track record for builders
REAL-ESTATE
Real estate regulator for Delhi and Chandigarh appointed
Vijay S Madan, a former director general in the Unique Identification Authority of India (UIDAI, has been appointed as the chairperson of the Delhi Real Estate Regulatory Authority for a term of five years.
REAL-ESTATE
Government will not amend any provision of RERA at any cost: Hardeep Singh Puri
On the issue of notices being issued by RERA authorities and not being followed by developers, Puri said that RERA authorities have the power to summon, advise and punish.
REAL-ESTATE
Regional workshop on RERA in Delhi on Thursday
States being represented at the workshop include Uttar Pradesh, Himachal Pradesh, Uttrakhand, Punjab, Haryana, National Capital Territory of Delhi (NCT) and Union Territory of Chandigarh
BUSINESS
NBCC ready with new joint development policy, say sources
Under the joint development model policy, NBCC will invite other companies to participate and submit their expressions of interest for developing real estate projects
REAL-ESTATE
Supreme Court attaches five properties of Amrapali Group
The apex court has directed that the CMD of the company and its two directors be personally present in court on the next date of hearing when the contempt proceedings are expected to be taken up.
REAL-ESTATE
Maharashtra govt sanctions Mumbai Development Control and Promotion Regulations 2034; issues corrigendum
The Mumbai Development Plan 2034 seeks to open up 3,700 hectares of land that was earlier designated as no-development zone (NDZ) for construction of residential real estate.
REAL-ESTATE
Eastern region workshop on RERA to be held in Ranchi on December 15
Arunachal Pradesh, Meghalaya, Manipur, Mizoram, Nagaland and Sikkim have not notified the legislation due to land-related issues.
REAL-ESTATE
Regional workshop on RERA in Delhi on Nov 15
States expected to be represented at the November 15 workshop include Uttar Pradesh, Himachal Pradesh, Uttrakhand, Punjab, Haryana, National Capital Territory of Delhi (NCT) and Union Territory of Chandigarh
REAL-ESTATE
After demonetisation, liquidity crunch may inflict more pain on real estate sector: Experts
Realty sector requires booster shots of liquidity; a vacant land/inventory tax may also help, feel realty experts.
INDIA
Homebuyers celebrate 8th Diwali with no hope for a house in sight
Who will compensate us for the prime years of our lives lost, rue home buyers
REAL-ESTATE
Jaypee home buyers want PSUs, lenders to submit expression of interest; write to PM, FM
The home buyers have written to Prime Minister, Finance Minister, Minister of Road Transport and Highways, and Minister for Housing and Urban Affairs.
REAL-ESTATE
50 smart cities integrated command and control centres to be ready by 2019: Hardeep Singh Puri
By March 31, 2019, Rs 1 lakh crore worth of work will be under implementation under the Smart Cities mission, ministry sources said.
INDIA
In pics: Check out Kolkata’s newly-inaugurated Dakshineswar Skywalk
Designed by architectural firm DFI, which also lent its expertise to ITO skywalk in Delhi, the skywalk will relocate over 200 shops that are currently operating on the Rani Rashmoni Road
BUSINESS
Here's what Noida Authority's in-principle nod to covert properties to freehold means for homeowners, buyers
The proposal is subject to the Uttar Pradesh government approving it. All plots or flats in Noida are currently sold on a leasehold basis
REAL-ESTATE
NBCC eyeing co-development projects; policy to be ready by next week
To submit DPR of stuck Amrapali projects next week
REAL-ESTATE
NBCC issues new guidelines for contractors to curb air pollution
To be in force across projects by December 1, the guidelines include use of steel container trucks and prohibition of grinding and cutting building materials at site
REAL-ESTATE
Ease of Doing Business 2019: India jumps 129 spots in granting construction permits
Realtors said government should expedite implementation of the single window clearances to accelerate the revival of the real estate sector.
REAL-ESTATE
Supreme Court directs Amrapali to disclose names of all companies; file reply by November 12
The Supreme Court last week grilled the Chief Financial Officer of Amrapali Group and internal auditors of the embattled firm over diversion of homebuyers' money.
REAL-ESTATE
Delhi Metro Pink Line's Shiv Vihar-Trilok Puri stretch flagged off
To be thrown open to public at 2 pm Wednesday
REAL-ESTATE
Supertech claims to have serviced its interest to a PSU bank
Meanwhile, the realty firm plans to raise about Rs 1,200 crore by monetising its 1 million sq ft retail space in a mixed-use project at Noida and deliver around 10,000 units by the end of this year.
