The reason why hassled home buyers seem to have complete faith in the company is because it is a government enterprise
Directs lenders to conduct fresh voting from May 31.
NCDRC has held that buyers can seek refund even if RERA has taken over the project.
The e-voting started at 12 pm and will end on May 19 at 8 pm, sources said, adding the results will be declared on May 20.
The UP RERA authority promises to look into the matter.
The voting process would start on Thursday at 9 am and end on Sunday at 5 pm
NBCC's revised bid to acquire Jaypee Infratech was expected to be discussed today by the Committee of Creditors (CoC).
The move comes after concerns over the embattled realty firm's impediment in assisting the court-appointed forensic auditors.
The committee of creditors will reconvene on May 14 to take a final call on the revised bid by NBCC, sources said.
The entire application processes will have to be undertaken online as there is no offline form this year.
Finance Ministry has compiled a list of FAQs that real estate stakeholders may have with regards to treatment of GST.
A unified system of clearances is expected within the next four months, UP RERA chairman Rajive Kumar tells Moneycontrol.
The NBCC bid is likely to be discussed at the May 9 meeting, sources told Moneycontrol.
Homebuyers say that they are now focusing on the NCLT hearing on May 6 and are hopeful that the resolution process would get an extension. They are definitely not in favour of the company going into liquidation.
In a regulatory filing, NBCC said it has got the necessary approvals from the Ministry of Housing and Urban Affairs and other concerned departments for its bid.
Financial creditors and home-buyers are presently voting on Suraksha Realty's bid. The voting process started on Wednesday and would conclude on May 3
While redressal of complaints is not satisfactory for many, consumers are coming forward in large numbers to register complaints across states.
In their report forensic auditors said that the total diversion of Amrapali and their key associates was amounting to Rs 3500 crore.
Homebuyers complain that the situation has left them confused.
Offer by Mumbai-based Suraksha Group will likely be the only one to be put to vote next week.
Lenders of the embattled company are expected to meet on April 26 to discuss the revised bids of NBCC and Suraksha Group.
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
ANAROCK data suggests that 2014 (the year of the last general elections) saw the maximum launches and absorption across the top 7 cities.
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.
Over 600 buyers attended the meeting, which they termed as an 'eyewash'.