REAL-ESTATE
Pink Line's Shiv Vihar-Trilok Puri stretch to be thrown open to public on October 31
With the opening of this section, the Delhi Metro network will become 314 kilometres long with 229 stations.
REAL-ESTATE
Five new cities planned along both sides of KMP and KGP in Haryana: Manohar Lal Khattar
He also announced that the Transit-Oriented Development (TOD) policy is being extended by 90 days.
REAL-ESTATE
Delhi Metro Pink Line update: Shiv Vihar- Trilokpuri stretch to open on October 31
To be flagged off by housing and urban affairs minister Hardeep Puri and deputy chief minister of Delhi Manish Sisodia
REAL-ESTATE
Expression of interest invited for resolution plan of Jaypee Infratech
The last date for submitting the expression of interest is November 9, 2018. The last date for submitting the resolution plan is January 5, 2019
BUSINESS
Haryana RERA orders realty firm to refund booking amount to home buyer with interest
The regulator observed that the company had defrauded several home buyers by accepting pre-launch bookings before obtaining a licence
REAL-ESTATE
Delay in implementation of Mumbai's Development Plan 2034 may lead to pain in the market: Experts
The Excluded Part (EP) of Mumbai’s new development control regulations (DCR 2034) was to come into force from October 24.
INDIA
Delhi Metro’s Pink Line’s Shiv Vihar-Trilokpuri section receives safety clearance
The main highlight of this section are the three interchange stations - Anand Vihar (with Blue Line), Karkardooma (with Blue Line) and Welcome (with Red Line).
REAL-ESTATE
Major discrepancies found in Amrapali Group's accounts: Forensic auditors inform Supreme Court
The court directed the auditors to submit their interim report regarding the progress in the case by October 25.
REAL-ESTATE
Jaypee Infratech creditors approve proposal to invite bids
Five other items on agenda including the proposal to replace Anuj Jain as resolution professional for the company’s ongoing bankruptcy procedure was rejected.
REAL-ESTATE
Firecrackers issue: Environmentalists say noise mapping of all cities a must
The apex court had earlier said there is a need to take into account all aspects, including the fundamental right of livelihood of firecracker manufacturers and the right to health of over 1.3 billion people in the country, while considering a plea for the ban.
REAL-ESTATE
Financial creditors of Jaypee Infratech vote for appointment of new resolution professional
Homebuyers, FD holders and financial institutions have voted online on appointment of Deloitte Touche Tohmatsu India LLP to assist the RP, buyers' objections to related party transactions between JIL and JAL, proposed fee for the resolution professional among other issues
REAL-ESTATE
Does RERA empower home buyers to complete stuck projects themselves?
Section 8 of RERA empowers the authority and buyers to execute remaining development work but experts say arranging funds to complete the project and cooperation among allottees are the biggest challenges
REAL-ESTATE
UP RERA hopes to dispose of 500 cases by end of October
Greater Noida bench has heard 600 cases and Lucknow bench has heard 500 cases since it was set up in September this year
INDIA
A look at newly-inaugurated Skywalk at ITO - one of Delhi's busiest stretches
The skywalk at ITO will ease a lot of problems of office-goers and public transport users in the area
BUSINESS
Should you buy a house this festive season?
This is a time when trust deficit between buyers and builders is quite high, thanks largely due to the Jaypee Group and Amrapali cases
REAL-ESTATE
Aqua Line: Noida Metro seeks public view for efficient services
NMRC invites public to take an online survey
REAL-ESTATE
SC issues contempt notice to Amrapali directors
The three Amrapali directors to be under police surveillance for 15 days until documents pertaining to 46 companies are catalogued by the forensic auditors
BUSINESS
Housing Ministry approves land pooling policy
The Ministry will have to issue a gazette notification, following which it goes back to DDA for operationalisation
BUSINESS
You will be in police custody until you hand over documents: Supreme Court to Amrapali directors
Cops took into custody the three Amrapali directors within the court premises.
REAL-ESTATE
Delhi Metro Blue Line extension: Noida City Centre to Sector 62 stretch expected to be ready by December
The Noida Sector 34 to Electronic City corridor is approximately 6.8 km long and comprises six stations - Sector 34, Sector 52, Sector 61, Sector 59, Sector 62 and Electronic City.
ECONOMY
RBI's 'pause' to provide temporary relief to realty sector; support festive season demand
Real estate experts also cautioned that while the central bank’s decision to keep the repo rates unchanged could prove to be favourable for the real estate sector in the short-term, it could be a worrisome development from a macro-economic long term prospective.
BUSINESS
Things to know about leasehold to freehold property conversion in Noida
Presently, buyers have to approach the Noida Authority for transfer, sale and purchase of property, apply for a no objection certificate when they have to sale or purchase a property.
REAL-ESTATE
NBCC to take up improvement work at Qutub Minar, Red Fort
NBCC had earlier adopted Purana Qila under Ministry of Tourism's Adopt a heritage scheme
REAL-ESTATE
NBCC to soon float tenders for contractors to complete Amrapali Group projects
No offer received from Piramal Group to raise Rs 1,000 crore to start construction of unfinished projects of Amrapali Group, NBCC CMD said
