Jan 20, 2020 04:53 PM IST
The bench headed by Justice DY Chandrachud gave two months’ time to the new eight-member board to prepare the resolution framework for completing the pending projects and place the report before the Supreme Court.
- Jan 14, 2020 08:03 PM IST
"The housing website is an important step towards empowering homebuyers and will enable them to take an informed decision," he said.
- Jan 13, 2020 08:56 PM IST
Apex court directs ED to attach properties of multinational firm JP Morgan
- Jan 13, 2020 01:14 PM IST
The court to examine the validity of Centre’s decision to amend the code that requires at least 100 or 10% of the homebuyers of a project fixed to begin insolvency against builders.
- Jan 13, 2020 01:05 PM IST
The idea of a home means different things to different generations - For Gen X it means a physical space but for Gen Z it is all about location and access
- Jan 09, 2020 07:36 PM IST
The scheme is only available to buyers who have taken a home loan from SBI for the projects identified and eligible for the bank guarantee.
- Jan 09, 2020 08:48 AM IST
The scheme which will begin from 10 cities, and include affordable housing projects priced up to Rs 2.50 crore.
- Jan 06, 2020 07:37 PM IST
Threshold of 100 homebuyers against ‘fundamental rights guaranteed in the Constitution,’ buyers said.
- Jan 02, 2020 05:17 PM IST
A loan of Rs 40 lakh for 20 years at a rate of 8.45% accrues an interest payable of Rs 43 lakh. A 25 basis points reduction brings down the interest payable to Rs 41.5 lakh. This means savings of Rs 1.5 lakh.
- Dec 31, 2019 01:50 PM IST
2019 was a year of 'recovery and recuperation'. Regulatory seeds sown this year are expected to bear fruits in 2020.
- Dec 27, 2019 02:28 PM IST
After getting off to a rocky start, can the Insolvency and Bankruptcy Code, 2016 and the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 secure investors who are stuck with non-performing real estate projects?
- Dec 17, 2019 04:08 PM IST
This could be because real estate developers are reluctant to hike prices of ready properties due to the prevailing slowdown in the property market and fear that it would dampen homebuyer sentiment
- Dec 17, 2019 10:26 AM IST
Disbursement for stalled projects may take place by the end of this month, sources said
- Dec 16, 2019 10:26 PM IST
SC directs NBCC to fast track completion of category-A projects of Amrapali; Next date of hearing is January 10
- Dec 16, 2019 06:42 PM IST
Some take a cautious approach and vote for both Suraksha Realty and NBCC
- Dec 11, 2019 10:36 PM IST
For the real estate sector, the IBC Amendment Bill 2019 stipulates that insolvency action can be initiated only if 10 percent or 100 homebuyers (whichever is lower) or debenture holders agree to the move.
- Dec 10, 2019 03:34 PM IST
NCDRC orders 3Cs and Orris Infrastructure to make the payments within 45 days
- Dec 03, 2019 10:08 PM IST
NBCC in its final bid has offered 1,526 acres of land to lenders as against its earlier proposal of 1,426 acres; Suraksha Realty proposes 2,220 acres of land worth Rs 9,800 crore under the land-debt swap deal
- Dec 03, 2019 09:54 PM IST
Zero period for builders whose projects are stuck in litigation. Benefit only for developers who provide written assurance that they would complete housing units by June 30, 2021
- Dec 02, 2019 10:23 PM IST
Instructions sought on whether a part of the Rs 25,000 crore stressed fund can be utilized to complete Amrapali projects; Next date of hearing is December 13.
- Dec 02, 2019 12:56 PM IST
Suraksha may increase amount promised as compensation for delay; may hand over 250 towers in three years to buyers.
- Nov 28, 2019 08:16 PM IST
Buyers demand delay compensation; Bidders asked to submit revised final proposals by December 3
- Nov 22, 2019 06:51 PM IST
Want a forensic audit into the affairs of JIL since its inception, NBCC must pay a delay compensation under RERA norms and that no private service provider’s portal be used for voting
- Nov 22, 2019 12:31 PM IST
The meeting of Jaypee Infratech's CoC to discuss queries on the interim plans submitted by NBCC and Suraksha Realty is expected to take place on November 28, sources said
- Nov 20, 2019 09:38 PM IST
Real estate is not the only sector with a regulator. Other regulators like RBI, IRDAI, TRAI, SEBI and the corporate entities who come under these regulators have not made any such demand, the letter said