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
- Nov 18, 2019 12:06 PM IST
Both NBCC and Suraksha promise to deliver flats to over 23,000 homebuyers within three to four years.
- Nov 15, 2019 04:41 PM IST
Says Jaypee buyers strongly believe that there are several instances that prove that their money was diverted and used for other purposes.
- Nov 13, 2019 02:49 PM IST
Lenders of debt-ridden Jaypee Infratech will meet on November 18 to take forward the process of insolvency resolution following the Supreme Court's directions on November 6.
- Nov 12, 2019 09:38 AM IST
Implementation of the funding package is going to be tricky and taxing, but an interesting and exciting journey
- Nov 11, 2019 01:46 PM IST
The government’s actions for realty are worth an applause, but there is a crucial need of more such reforms in taxation to revive an already dead sector
- Nov 11, 2019 01:22 PM IST
Many issues are still left to be sorted. Still, the fund will give a leg-up to housing and the economy
- Nov 09, 2019 09:34 AM IST
Finance Minister Nirmala Sitharaman said the government will put in Rs 10,000 crore in this Alternative Investment Fund (AIF) while State Bank of India and LIC would together provide Rs 15,000 crore, taking the total size to Rs 25,000 crore
- Nov 08, 2019 02:58 PM IST
States and Union Territories such as Arunachal Pradesh, Lakshadweep, Meghalaya, Nagaland and Sikkim do not yet have an Authority.
- Nov 06, 2019 08:20 PM IST
The decision came a day after the FM had hinted that the government was planning more reform measures for the real estate sector.
- Nov 06, 2019 06:13 PM IST
Suggestions have been received from consumers, chiefs of financial institutions, real estate developers and other stakeholders.
- Oct 30, 2019 08:19 AM IST
Homebuyers want the Maharashtra regulatory authority to withdraw the order as realtors’ associations already exist and concentrate instead on ensuring that the RERA is implemented in letter and spirit
- Oct 29, 2019 04:20 PM IST
Real estate developers are concerned that a single homebuyer can drag a realtor to NCLT and have proposed that the limit be set at two-third homebuyers
- Oct 18, 2019 08:14 PM IST
Only a handful of developers have the ability to complete a residential project and then launch it without relying on customer advances
- Oct 17, 2019 01:33 PM IST
On August 8, 2017, IDBI Bank petitioned the National Company Law Tribunal (NCLT) to initiate insolvency proceedings against Jaypee Infratech for defaulting on loans worth Rs 526 crore.
- Oct 17, 2019 01:13 PM IST
Jaypee insisted that its appeal, whether its proposal can also be considered, should be heard first.
The next date of hearing is scheduled for October 22.
- Oct 09, 2019 11:16 AM IST
All real estate projects will continue to be under the purview of UPRERA for five years even after a CC and OC have been issued
- Oct 07, 2019 03:50 PM IST
Offers range from waivers on GST and stamp duty to the usual discounts on basic selling price, free coins, modular kitchens, electronic appliances to even free cars and virtual cash
- Oct 04, 2019 05:10 PM IST
Questions UPRERA if it has safeguards in place to protect homebuyers against widespread complains of missing facilities and amenities, incomplete common areas and internal and external developments.
- Oct 04, 2019 05:01 PM IST
It is, however, imperative for banks to facilitate a faster transmission of these rate cuts to ensure that the measures reap results for the real estate sector, said experts.
- Oct 03, 2019 01:56 PM IST
In the new proposal that NBCC plans to submit before the Supreme Court next week, it may also propose completing all unfinished 16 projects within four years.
- Sep 27, 2019 01:23 PM IST
Directs Kerala govt to disburse Rs 25 lakh to owners as interim compensation; remaining amount to be decided by the committee set up to evaluate the total amount payable to residents as damages.
- Sep 25, 2019 06:26 PM IST
Interestingly, until late 90s, many Indians preferred to buy homes using their savings rather than opting for home loans.
- Sep 24, 2019 01:33 PM IST
The initiative by a Bengaluru-based real estate developer is open to buyers booking properties between September 27 to 29.
- Sep 17, 2019 03:58 PM IST
Out of these, approximately 92,350 units have been delayed in MMR and could get a new lease of life.