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  • Homebuyers write to PM, say builders' move to seek IBC tweak dilutes their rights Nov 20, 2019 09:38 PM IST

    Homebuyers write to PM, say builders' move to seek IBC tweak dilutes their rights

    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 

  • Jaypee Infratech case: Lenders to meet on November 28 Nov 18, 2019 12:06 PM IST

    Jaypee Infratech case: Lenders to meet on November 28

    Both NBCC and Suraksha promise to deliver flats to over 23,000 homebuyers within three to four years.

  • Jaypee Infra case: Homebuyers' representative asks IRP to include issue of forensic audit in CoC meet agenda Nov 15, 2019 04:41 PM IST

    Jaypee Infra case: Homebuyers' representative asks IRP to include issue of forensic audit in CoC meet agenda

    Says Jaypee buyers strongly believe that there are several instances that prove that their money was diverted and used for other purposes.

  • Issue of forensic audit of Jaypee Infratech must be taken up at next CoC meeting: Homebuyers Nov 13, 2019 02:49 PM IST

    Issue of forensic audit of Jaypee Infratech must be taken up at next CoC meeting: Homebuyers

    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.

  • Housing lifeline ticks the right boxes. Execution is key Nov 12, 2019 09:38 AM IST

    Housing lifeline ticks the right boxes. Execution is key

    Implementation of the funding package is going to be tricky and taxing, but an interesting and exciting journey

  • AIF: Government turns white knight for real estate Nov 11, 2019 01:46 PM IST

    AIF: Government turns white knight for real estate

    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

  • Real estate fund a boon for homebuyers, but details sketchy Nov 11, 2019 01:22 PM IST

    Real estate fund a boon for homebuyers, but details sketchy

    Many issues are still left to be sorted. Still, the fund will give a leg-up to housing and the economy

  • Explainer: All you need to know about special funding for stalled real estate projects Nov 09, 2019 09:34 AM IST

    Explainer: All you need to know about special funding for stalled real estate projects

    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

  • Delayed projects in some states may not benefit from Rs 25,000-crore realty fund Nov 08, 2019 02:58 PM IST

    Delayed projects in some states may not benefit from Rs 25,000-crore realty fund

    States and Union Territories such as Arunachal Pradesh, Lakshadweep, Meghalaya, Nagaland and Sikkim do not yet have an Authority.

  • Nirmala Sitharaman's booster dose for real estate sector: Key takeaways Nov 06, 2019 08:20 PM IST

    Nirmala Sitharaman's booster dose for real estate sector: Key takeaways

    The decision came a day after the FM had hinted that the government was planning more reform measures for the real estate sector.

  • Suggestions received at National Rera Conclave to be finalised by Nov-end: UP RERA Chairman Nov 06, 2019 06:13 PM IST

    Suggestions received at National Rera Conclave to be finalised by Nov-end: UP RERA Chairman

    Suggestions have been received from consumers, chiefs of financial institutions, real estate developers and other stakeholders.

  • MahaRERA’s proposal to register self-regulatory organisations legally untenable, say homebuyers Oct 30, 2019 08:19 AM IST

    MahaRERA’s proposal to register self-regulatory organisations legally untenable, say homebuyers

    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

  • Over 400 real estate cases being heard at NCLT: CREDAI Oct 29, 2019 04:20 PM IST

    Over 400 real estate cases being heard at NCLT: CREDAI

    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

  • Explained | How DLF sold premium flats worth Rs 700 crore in one day Oct 18, 2019 08:14 PM IST

    Explained | How DLF sold premium flats worth Rs 700 crore in one day

    Only a handful of developers have the ability to complete a residential project and then launch it without relying on customer advances

  • Here's all you need to know about the Jaypee Infratech case Oct 17, 2019 01:33 PM IST

    Here's all you need to know about the Jaypee Infratech case

    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.

  • Jaypee Infratech case: NBCC submits revised proposal before SC to take over unfinished projects Oct 17, 2019 01:13 PM IST

    Jaypee Infratech case: NBCC submits revised proposal before SC to take over unfinished projects

    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.

  • 'Homebuyers can approach UPRERA even if OC and CC have been granted to a real estate project' Oct 09, 2019 11:16 AM IST

    'Homebuyers can approach UPRERA even if OC and CC have been granted to a real estate project'

    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

  • Here's a list of freebies, discounts that homebuyers can look to this festive season Oct 07, 2019 03:50 PM IST

    Here's a list of freebies, discounts that homebuyers can look to this festive season

    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

  • UP RERA notification to grant OC within 7 days will cover-up illegal malpractices of builders: Homebuyers forum Oct 04, 2019 05:10 PM IST

    UP RERA notification to grant OC within 7 days will cover-up illegal malpractices of builders: Homebuyers forum

    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.

  • RBI's fifth rate cut may improve homebuyers' sentiment during festive season Oct 04, 2019 05:01 PM IST

    RBI's fifth rate cut may improve homebuyers' sentiment during festive season

    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.

  • Exclusive | NBCC may reduce upfront amount to Jaypee Infra lenders if it decides to keep unsold inventory Oct 03, 2019 01:56 PM IST

    Exclusive | NBCC may reduce upfront amount to Jaypee Infra lenders if it decides to keep unsold inventory

    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.

  • Maradu flats demolition case: Supreme Court orders demolition of four buildings within 138 days Sep 27, 2019 01:23 PM IST

    Maradu flats demolition case: Supreme Court orders demolition of four buildings within 138 days

    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.

  • Does age matter? At least 36 percent Indian homebuyers fall in 35-45 age bracket Sep 25, 2019 06:26 PM IST

    Does age matter? At least 36 percent Indian homebuyers fall in 35-45 age bracket

    Interestingly, until late 90s, many Indians preferred to buy homes using their savings rather than opting for home loans.

  • Now, a virtual real estate currency for homebuyers planning to book a property this festive season Sep 24, 2019 01:33 PM IST

    Now, a virtual real estate currency for homebuyers planning to book a property this festive season

    The initiative by a Bengaluru-based real estate developer is open to buyers booking properties between September 27 to 29.

  • Government fund to help complete 2.5 lakh housing units: Report Sep 17, 2019 03:58 PM IST

    Government fund to help complete 2.5 lakh housing units: Report

    Out of these, approximately 92,350 units have been delayed in MMR and could get a new lease of life.

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