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  • Treating homebuyers as financial creditors could impact real estate lenders negatively: Ind-Ra May 23, 2018 07:11 PM IST

    Treating homebuyers as financial creditors could impact real estate lenders negatively: Ind-Ra

    Housing finance companies could get some comfort as buyers rights over a defaulting builder and cash flows on liquidation will increase.

  • Lakshdeep Investments & Finance open to revising its Jaypee offer May 23, 2018 11:59 AM IST

    Lakshdeep Investments & Finance open to revising its Jaypee offer

    Claims homebuyers secured as far as possession is concerned but refuses to comment on the issue of delay penalty

  • How does convergence of technology transform the real estate sector? May 18, 2018 03:33 PM IST

    How does convergence of technology transform the real estate sector?

    From the perspective of developers, innovation in construction materials and technologies has redefined the boundaries of building scale and efficiency.

  • Jaypee Infratech to receive control of 759 acres of land given to creditors of JAL May 18, 2018 12:51 PM IST

    Jaypee Infratech to receive control of 759 acres of land given to creditors of JAL

    This will be a huge upside to JIL’s valuation in the insolvency process

  • SC directs Amrapali Group to deposit Rs 250 crore to restart work on pending projects May 17, 2018 10:41 PM IST

    SC directs Amrapali Group to deposit Rs 250 crore to restart work on pending projects

    Homebuyers and Amrapali Group had agreed upon a joint proposal under which pending projects were divided into four baskets.

  • Jaypee homebuyers say they have no faith in JAL, oppose liquidation May 14, 2018 10:17 PM IST

    Jaypee homebuyers say they have no faith in JAL, oppose liquidation

    Another group of buyers demand that Manoj Gaur-led promoter group be given a ‘second chance’ to take over the company and complete the unfinished housing units

  • Jaypee homebuyers demand that JAL not be allowed to re-aquire JIL May 14, 2018 07:34 AM IST

    Jaypee homebuyers demand that JAL not be allowed to re-aquire JIL

    Homebuyers oppose decision of banks and Committee of Creditors to push JIL into liquidation

  • Jaiprakash Associates asks SC to consider resolution plan for revival of Jaypee Infratech May 11, 2018 10:01 PM IST

    Jaiprakash Associates asks SC to consider resolution plan for revival of Jaypee Infratech

    Homebuyers oppose move, next date of hearing fixed for May 16.

  • EMI waiver not the solution for real estate projects facing insolvency proceedings: NHB CEO May 10, 2018 03:33 PM IST

    EMI waiver not the solution for real estate projects facing insolvency proceedings: NHB CEO

    “The Supreme Court is taking it up. Let’s see what comes up,” says Sriram Kalyanaraman, MD & CEO, National Housing Bank

  • Deposit money or properties will be auctioned: Supreme Court warns Unitech directors May 02, 2018 09:26 PM IST

    Deposit money or properties will be auctioned: Supreme Court warns Unitech directors

    Directors of Unitech have been ordered to submit list of encumbered assets and the extent of encumbrance. The next date of hearing has been fixed for May 14

  • Should homebuyers who invested in pre-RERA projects get their agreements revised? May 02, 2018 11:34 AM IST

    Should homebuyers who invested in pre-RERA projects get their agreements revised?

    This is a grey area under RERA as it does not specify whether re-executing agreement to sell with the existing allottees of ongoing projects is mandatory. But legal experts say that buyers of ongoing projects are entitled to pre-RERA and post RERA claims.

  • Mumbai Development Plan 2034 impact: Realty prices to correct by 10 to 15% Apr 26, 2018 07:34 PM IST

    Mumbai Development Plan 2034 impact: Realty prices to correct by 10 to 15%

    Impact on real estate prices to be felt only if the additional FSI is available at competitive rates for the newly opened up land parcels and not at a premium

  • Dilution of Central RERA a picture of despair: Report Apr 25, 2018 04:10 PM IST

    Dilution of Central RERA a picture of despair: Report

    There have been instances where developers have resorted to selling inventory at a marked discount in a bid to raise finances as no sales at pre-launch stage are allowed now

  • Govt panel recommends homebuyers must be treated as financial creditors under IBC Apr 24, 2018 01:30 PM IST

    Govt panel recommends homebuyers must be treated as financial creditors under IBC

    Cabinet expected to consider the ordinance on Wednesday

  • 15 suggestions to make RERA more effective Apr 24, 2018 01:28 PM IST

    15 suggestions to make RERA more effective

    For effective implementation of RERA, states should refrain from introducing exceptions to the definition of ongoing projects and government agencies must be made accountable for delay in granting approvals

  • Conflict of operation between IBC and RERA: Assocham report Apr 23, 2018 12:53 PM IST

    Conflict of operation between IBC and RERA: Assocham report

    Synchronised approach between RERA and IBC required for future progress of the economy and the real estate sector

  • Akshay Tritiya mahurat: Buy property if you must but don’t forget to do your due diligence Apr 18, 2018 02:11 PM IST

    Akshay Tritiya mahurat: Buy property if you must but don’t forget to do your due diligence

    Let sentiments not play the main role in property buying today. Mindfully analyze the actual festive benefits before taking the final call. And don’t forget to buffer in for those hidden charges

  • SC to Amrapali Group: Submit detailed business plan for six projects Apr 17, 2018 06:34 PM IST

    SC to Amrapali Group: Submit detailed business plan for six projects

    Next date of hearing fixed for April 25

  • Things to do if the bank loses the original sale deed of a property Apr 17, 2018 10:46 AM IST

    Things to do if the bank loses the original sale deed of a property

    A home loan borrower should immediately obtain an acknowledgment in writing from the bank that the sale deed has been lost. The letter should bear a seal and signature of the bank officials

  • SC directs resolution professional to consider representation of JAL on revival plans as per law Apr 16, 2018 03:48 PM IST

    SC directs resolution professional to consider representation of JAL on revival plans as per law

    SC also granted permission to two directors of JP Associates to travel abroad; Next date of hearing fixed for May 11

  • RERA can take over an unfinished realty project if it is 80% complete Apr 13, 2018 04:43 PM IST

    RERA can take over an unfinished realty project if it is 80% complete

    The regulator can at best act as a facilitator and work with the committee of homebuyers to complete the project. Such projects can be taken up on a case-by-case basis only

  • Rhiti Sports moves Delhi High Court against Amrapali Group to recover dues worth Rs 150 crore Apr 12, 2018 04:13 PM IST

    Rhiti Sports moves Delhi High Court against Amrapali Group to recover dues worth Rs 150 crore

    The real estate firm claimed that the agreement was signed between Rhiti Sports and Amrapali Media Vision against which insolvency proceedings are currently on.

  • Amrapali Group case: 5 takeaways from Supreme Court hearing on Wednesday Apr 11, 2018 02:48 PM IST

    Amrapali Group case: 5 takeaways from Supreme Court hearing on Wednesday

    Next date of Amrapali case hearing fixed for April 17

  • SC sets the ball rolling for auction of Unitech properties to refund homebuyers Apr 09, 2018 09:52 PM IST

    SC sets the ball rolling for auction of Unitech properties to refund homebuyers

    SC may consider promoters’ custody parole if Rs 180 crore was deposited by May 11. Next date of hearing set for May 2.

  • Homebuyers welcome proposal of classification as financial creditors, but want more Apr 04, 2018 03:53 PM IST

    Homebuyers welcome proposal of classification as financial creditors, but want more

    Some home buyers are of the view that they should be given both the secured and financial creditor tag

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