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.
- 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