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  • Supreme Court attaches five properties of Amrapali Group Nov 13, 2018 10:28 PM IST

    Supreme Court attaches five properties of Amrapali Group

    The apex court has directed that the CMD of the company and its two directors be personally present in court on the next date of hearing when the contempt proceedings are expected to be taken up.

  • Eastern region workshop on RERA to be held in Ranchi on December 15 Nov 13, 2018 03:35 PM IST

    Eastern region workshop on RERA to be held in Ranchi on December 15

    Arunachal Pradesh, Meghalaya, Manipur, Mizoram, Nagaland and Sikkim have not notified the legislation due to land-related issues.

  • Regional workshop on RERA in Delhi on Nov 15 Nov 12, 2018 04:31 PM IST

    Regional workshop on RERA in Delhi on Nov 15

    States expected to be represented at the November 15 workshop include Uttar Pradesh, Himachal Pradesh, Uttrakhand, Punjab, Haryana, National Capital Territory of Delhi (NCT) and Union Territory of Chandigarh

  • Homebuyers celebrate 8th Diwali with no hope for a house in sight Nov 07, 2018 09:16 AM IST

    Homebuyers celebrate 8th Diwali with no hope for a house in sight

    Who will compensate us for the prime years of our lives lost, rue home buyers

  • Jaypee home buyers want PSUs, lenders to submit expression of interest; write to PM, FM Nov 06, 2018 01:31 PM IST

    Jaypee home buyers want PSUs, lenders to submit expression of interest; write to PM, FM

    The home buyers have written to Prime Minister, Finance Minister, Minister of Road Transport and Highways, and Minister for Housing and Urban Affairs.

  • Major discrepancies found in Amrapali Group's accounts: Forensic auditors inform Supreme Court Oct 24, 2018 06:56 PM IST

    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.

  • Jaypee Infratech creditors approve proposal to invite bids Oct 23, 2018 08:22 PM IST

    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.

  • Financial creditors of Jaypee Infratech vote for appointment of new resolution professional Oct 22, 2018 06:28 PM IST

    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

  • Does RERA empower home buyers to complete stuck projects themselves? Oct 18, 2018 02:49 PM IST

    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

  • You will be in police custody until you hand over documents: Supreme Court to Amrapali directors Oct 09, 2018 04:04 PM IST

    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.

  • 84 percent aspiring homebuyers prefer ready-to-move-in houses: Report Oct 08, 2018 06:47 PM IST

    84 percent aspiring homebuyers prefer ready-to-move-in houses: Report

    While 39 percent prefer to invest in housing priced below ₹40 lakh, 68 percent  seek property for end-use; 52 percent favour compact 2BHKs

  • RBI's 'pause' to provide temporary relief to realty sector; support festive season demand Oct 05, 2018 09:07 PM IST

    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.

  • NCLT hears Jaypee homebuyers’ plea to release Rs 750 cr for project construction Oct 03, 2018 08:21 PM IST

    NCLT hears Jaypee homebuyers’ plea to release Rs 750 cr for project construction

    NCLT says both the release of funds and the clarification of voting arrangement matters need to be considered in detail and asks members of the COC to file their response. The next date of hearing is fixed for October 16

  • Western UP RERA bench hears 300 cases on incomplete real estate projects Sep 17, 2018 02:30 PM IST

    Western UP RERA bench hears 300 cases on incomplete real estate projects

    An adjudicating officer and a reconciliation officer to be appointed soon to handle compensation and resolve issues amicably out of court

  • Flawed voting rules may push Jaypee into liquidation, homebuyers tell IBBI Sep 07, 2018 09:00 PM IST

    Flawed voting rules may push Jaypee into liquidation, homebuyers tell IBBI

    In a letter to the IBBI chief, homebuyers demand that the IRP display the entire list of 30,000 homebuyers and an investigating agency look into details of funds flow.

  • All realty projects will eventually be covered by RERA: Hardeep Singh Puri Aug 29, 2018 10:00 PM IST

    All realty projects will eventually be covered by RERA: Hardeep Singh Puri

    Speaking at the real estate conference organised by CII and CBRE in the capital on August 29, Puri said that the Centre was committed towards regulating the real estate sector and protecting the interests of homebuyers.

  • Jaypee homebuyers meet resolution professional, want Rs 750 crore with NCLT to be used for construction Aug 23, 2018 08:23 PM IST

    Jaypee homebuyers meet resolution professional, want Rs 750 crore with NCLT to be used for construction

    Homebuyers need to select a candidate in an online vote who would represent them in the Committee of Creditors meeting. The last date for voting is August 28, the CoC meeting could be held in mid-September.

  • Looking ahead: Infrastructure growth to impact real estate sector Aug 15, 2018 07:33 AM IST

    Looking ahead: Infrastructure growth to impact real estate sector

    It was in the 1970s and 1980s that private sector real estate developers first made their presence felt. After the turn of the millennium, realty options include not just residential and commercial, but also retail and warehousing

  • Has the Bankruptcy Code opened up buyer advantage? Aug 15, 2018 06:59 AM IST

    Has the Bankruptcy Code opened up buyer advantage?

    Interests of the homebuyers seem to have travelled from being ‘orphaned’ to a ‘secured child’. The struggle continues to become the ‘preferred child’

  • Would sell 'every property' to revive stuck projects: SC warns Amrapali promoters Aug 08, 2018 08:17 PM IST

    Would sell 'every property' to revive stuck projects: SC warns Amrapali promoters

    Embattled firm directed to file a detailed proposal on how it plans to raise Rs 5112 crore to ensure there are enough funds for NBCC to complete the delayed housing projects

  • SC orders attachment of properties and bank accounts of Amrapali Group Aug 01, 2018 05:25 PM IST

    SC orders attachment of properties and bank accounts of Amrapali Group

    Raps NBCC for offering to complete Amrapali’s projects when it had already given the go ahead to three co-developers to finish the stalled projects

  • Number of buyers in secondary real estate market rise by 10-12% since demonetisation Jul 30, 2018 11:07 AM IST

    Number of buyers in secondary real estate market rise by 10-12% since demonetisation

    Property prices in secondary market reduced by as much as 5-10% over primary market

  • SC refuses relief to Unitech promoters, directs disbursal of Rs 25 crore deposited in court among homebuyers Jul 27, 2018 07:31 PM IST

    SC refuses relief to Unitech promoters, directs disbursal of Rs 25 crore deposited in court among homebuyers

    Next date of hearing fixed for August 21

  • 10 structural and legal checks homebuyers should follow before investing in real estate Jul 24, 2018 07:56 PM IST

    10 structural and legal checks homebuyers should follow before investing in real estate

    Homebuyers should ensure construction quality and legality of the building before signing on the dotted line.

  • Nothing less than central RERA acceptable, West Bengal's HIRA can make RERA redundant, say homebuyers Jul 19, 2018 03:58 PM IST

    Nothing less than central RERA acceptable, West Bengal's HIRA can make RERA redundant, say homebuyers

    Homebuyers write to president and PM; meet Congress chief to apprise him of the matter

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