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.
- Apr 16, 2021 08:49 PM IST
The virtual hearing of the cases will be continued in its present form, the authority has said.
- Mar 08, 2021 02:37 PM IST
Appeal to BJP to declare in their party manifesto for the upcoming West Bengal polls that they would repeal WBHIRA in case they were to form the government
- Mar 03, 2021 04:17 PM IST
At least 66% of women respondent home seekers will buy within affordable and mid-segment housing
- Feb 25, 2021 03:43 PM IST
The new tie-up will cover Shapoorji Pallonji Real Estate's existing housing projects across key markets.
- Feb 23, 2021 08:21 PM IST
Buyers say the Supreme Court order on the Jaypee matter is awaited; construction may begin within four to five months after the order is received.
- Feb 17, 2021 04:37 PM IST
As many as 43 percent homebuyers now prefer buying property in peripheral areas; millennial buyers up 31 percent; there is increased demand for bigger homes across all configurations post-COVID, says the CII-Anarock COVID-19 Sentiment Survey.
- Feb 11, 2021 02:11 PM IST
Resolution plan seems to be “totally inequitable, unjust and highly objectionable”, rules NCLT and directs liquidation of Lotus City project promoted by Three C Company
- Feb 08, 2021 05:15 PM IST
Orders three years imprisonment for its managing director and directors of the company
- Feb 08, 2021 01:26 PM IST
The residential units include five villas and 27 penthouses and six commercial properties with prices ranging from around Rs 64 lakh to Rs 2.04 crore; applications open until March 10
- Jan 28, 2021 02:42 PM IST
While these offers are being touted as a ‘win-win’ option for both the developers and the homebuyers, customers must exercise caution and read the fine print carefully. After all, one does not want history to repeat itself.
- Jan 25, 2021 02:43 PM IST
This could attract more real estate developers to construct Grade A build to lease projects and also rationalise rents, giving a boost to commercial real estate market
- Jan 19, 2021 08:45 PM IST
The Supreme Court upheld the validity of IBC Act 2020, saying sections 3 and 10 of the Act do not violate the right to equality under Article 14 of the Constitution. However, homebuyers say decision is a big blow as it will now be difficult to initiate IBC proceedings against builders.
- Jan 12, 2021 06:44 PM IST
Supreme Court also holds that incorporation of unreasonable clauses in the agreement constitutes an unfair trade practice under the Consumer Protection Act; clarifies that buyers have the right to choose one remedy in case “two concurrent remedies” are available
- Jan 11, 2021 12:23 PM IST
From special deductions for EMI or rent to reimbursement by developers for project delays -- a list of what homebuyers seek from FM Sitharaman in Budget 2021
- Jan 01, 2021 02:26 PM IST
If the economy starts moving towards a positive growth trajectory and the employment scenario improves substantially, residential demand will have sustainable growth from mid-2021. Mid and affordable housing, which is the major proportion of the demand, is likely to revive first
- Dec 10, 2020 10:15 AM IST
Real experts say it may take 12-18 months for the market to bounce back. The first segment to see an uptick will likely be the rental market after offices reopen and people return from their hometowns.
- Nov 26, 2020 06:39 PM IST
Over 200 homebuyers had filed separate writ petitions claiming that they are “completely helpless and aggrieved by the acts” of the builder and the banks and have been deprived of their basic fundamental rights guaranteed under Article 19 and 21 of the Indian Constitution
- Nov 23, 2020 02:17 PM IST
Capping of stamp duty and registration charges on mortgages may also increase revenue for states through their effect on demand, says the study
- Nov 20, 2020 01:49 PM IST
The case was filed by two buyers who had purchased a unit in the project called Runwal Greens by Propel Developers Pvt Ltd, situated at Mulund, Mumbai, through a registered agreement
- Nov 19, 2020 05:42 PM IST
The spurt rides on supportive measures like stamp-duty cuts undertaken by various state governments, Crisil said in a report.
- Nov 12, 2020 04:41 PM IST
An additional outlay of Rs 18,000 crore for the Pradhan Mantri Awaas Yojana Urban has also been announced.