Aug 02, 2021 09:27 PM IST
Asks banks to hold a joint meeting with the court receiver by August 8 to arrive at a consensus on funding
- Jul 28, 2021 07:31 PM IST
Discounts and flexi payment schemes induce homebuyers to purchase property, the survey said
- Jul 28, 2021 06:08 PM IST
There is a lot of work to be done to streamline the understanding of the provisions of RERA, increase stakeholder confidence through greater transparency and improve the grievance redressal process as 30 percent of consumers surveyed were still unaware of RERA’s role as a regulator, the survey shows.
- Jul 20, 2021 08:11 PM IST
It said that despite more than two months, RERA has not been implemented in the state and is causing immense hardship to homebuyers.
- Jul 10, 2021 02:45 PM IST
Ahmedabad, Chennai, Mumbai and Pune, all saw conversion rate fall by half during the lockdown imposed following the second wave of the pandemic
- Jul 09, 2021 09:48 PM IST
Failures of Karnataka RERA outweigh benefits derived from it, FPCE says in a letter to the state government
- Jul 02, 2021 06:08 PM IST
The Authority ruled that the buyers who had sought refund of the amount invested by them along with interest and compensation were entitled to an interest of 10.7 percent per annum.
- Jun 29, 2021 10:39 PM IST
The court refuses to recall two orders passed in 2019; directs existing builder to complete the project.
- Jun 25, 2021 09:14 PM IST
Suraksha Group inherits close to around 6,000 acres from Jaypee Infratech of which it would be left with 800 acres after paying off institutional financial creditors
- Jun 24, 2021 11:02 AM IST
In close fight, Suraksha Group received 98.66 percent votes compared with NBCC’s 98.54 percent on resolution plans to take over Jaypee Infratech
- Jun 23, 2021 07:05 PM IST
Suraksha Group won the bid by a slight margin; the bid by Suraksha Group received 98.66% votes and the one by NBCC got 98.54% votes
- Jun 21, 2021 02:10 PM IST
Property registration and stamp duty charges range between 5 percent and 9 percent on an average across the country.
- Jun 17, 2021 10:28 AM IST
Of around 1.49 lakh units launched in top 7 cities in FY21, 58% were in the city peripheries; in pre-COVID-19 FY19, their share was 51%
- Jun 10, 2021 07:10 PM IST
The decision to put the two resolution plans to vote was taken at a meeting of Committee of Creditors (CoC) held on June 10. This will be the fifth round of bidding process
- Jun 08, 2021 04:16 PM IST
Not even 10% projects that were ongoing in 2016 when RERA was enacted have been completed and few refund orders issued by Authorities have been executed, they said
- Jun 07, 2021 01:11 PM IST
IRP confirms that Suraksha Group submitted its bid just before the commencement of the CoC meeting on June 7.
- Jun 04, 2021 08:14 PM IST
The two plans would be discussed at the 23rd committee of creditors (CoC) meeting to be held on June 7
- May 20, 2021 09:32 PM IST
According to sources, the Committee of Creditors (CoC) is expected to put the Suraksha plan to vote next week.
- May 13, 2021 08:26 PM IST
Of the 26 housing projects, nine are located in Mumbai, seven in Delhi-NCR and the rest are spread across other Tier 1 and Tier 2 cities
- May 13, 2021 08:06 PM IST
Rivali Park Wintergreens is the first investment by the Swamih Fund and is also the first project to get completed. It is a large project spread over 7 acres consisting of 708 units of various configurations
- May 12, 2021 07:28 PM IST
NBCC is offering up to 1,903 acres of land while Surakasha group has proposed over 2,600 acres to the lenders. Suraksha group has earmarked 1,486 acres to dissenting lenders out of the total land parcels offered in the proposal
- May 07, 2021 10:25 PM IST
NBCC has also proposed to set up a single-window redressal system to help resolve grievances of homebuyers.
- May 06, 2021 09:16 PM IST
On March 24, the Supreme Court had directed the interim resolution professional of Jaypee Infratech to invite modified or fresh resolution plans only from Suraksha Realty and state-run NBCC and complete insolvency proceedings in 45 days. The timeline ends on May 8
- Apr 30, 2021 02:28 PM IST
NBCC and Suraksha Group sweeten bids.
- Apr 24, 2021 06:39 PM IST
NCLT Delhi issues notice to Ajnara India seeking response to decide on further course of action.