Aug 07, 2019 03:00 PM IST
Transmission of rate cuts to home buyers seen as crucial; more steps needed to enhance liquidity for better-placed NBFCs and HFCs
- Aug 02, 2019 05:03 PM IST
There are no timelines laid down for NBCC to complete the projects yet. This would be subject to funds available for construction
- Aug 01, 2019 08:44 PM IST
SC to hear Jaypee Group's plea against the NCLAT order which allowed fresh bidding for debt-laden Jaypee Infratech and buyers plea that JIL not be sent into liquidation
- Aug 01, 2019 05:59 PM IST
Will outstanding amount collected from homebuyers be enough to kickstart construction of stuck projects in Delhi-NCR?
- Jul 31, 2019 06:01 PM IST
For homebuyers, NBCC comes with a sense of sovereign guarantee but there are concerns that completing more than one lakh housing units will be a tall order
- Jul 26, 2019 12:15 PM IST
Centre likely to submit proposal before the Supreme Court on July 29, the day the apex court is expected to hear the Unitech matter
- Jul 24, 2019 03:54 PM IST
The forensic audit, ordered in 2018 by the Supreme Court, revealed that JP Morgan knew Amrapali Zodiac was diverting money received from homebuyers to other group companies.
- Jul 24, 2019 01:09 PM IST
Amrapali’s "arrangement" with Rhiti Sports Management Private Limited and Amrapali Mahi Developers Private Limited came to light during a forensic audit ordered by the apex court of the real estate developer in 2018.
- Jul 23, 2019 06:44 PM IST
The apex court holds banks, Noida and Greater Noida authorities responsible for the Amrapali mess.
- Jul 23, 2019 10:00 AM IST
Launched on March 25, the DDA Housing Scheme was to close on May 10, 2019. The Authority later decided to extend the closing date for registration by a month.
- Jul 22, 2019 08:42 PM IST
Expected to pronounce order on extension of corporate insolvency resolution process on July 29.
- Jul 18, 2019 09:46 PM IST
The apex court was hearing a case pertaining to the constitutional challenge filed by a slew of real estate developers against the right of financial creditors provided to homebuyers under the Insolvency and Bankruptcy Code
- Jul 17, 2019 09:29 PM IST
This may pave the way for fresh bids for Jaypee Infratech, including one from Adani Group that had earlier made an unsolicited and non-binding bid to acquire the embattled firm
- Jul 17, 2019 03:44 PM IST
The group of homebuyers also expressed apprehension against giving NBCC the go ahead to complete the unfinished housing projects of Jaypee
- Jul 11, 2019 09:24 PM IST
Supreme Court has deferred the hearing on the Jaypee matter for July 18 after the Centre told the court that NCLAT will hear the case on July 17
- Jul 10, 2019 06:39 PM IST
The homebuyers’ proposal also calls for ring fencing the project against any old legal liabilities. It has been proposed that to make the projects viable for participation from new private sector developers RERA and other delay liabilities for default of the builder to the buyers be extinguished and timelines for delivery be reset.
- Jul 08, 2019 01:54 PM IST
The builder should also pay the compensation and litigation cost to the homebuyers who had sought refund of the amount, rules the apex commission
- Jul 04, 2019 04:32 PM IST
RERA notified in 30 states and union territories so far; 28 have set up regulatory authorities, the Survey noted.
- Jul 04, 2019 12:21 PM IST
Homebuyers have asked the ministry to convene regular interactions between state governments, regulatory authorities and central advisory council members for “timely, effective and coordinated implementation of RERA”
- Jul 03, 2019 08:59 PM IST
NCLAT has directed that representatives of banks, buyers and other stakeholders of the embattled firm appear before it on July 17 to consider how the NBCC bid could be 'recast' in a manner that is beneficial to all.
- Jul 03, 2019 02:59 PM IST
Next week, Supreme Court will be hearing homebuyers plea seeking not to send Jaypee Infratech Ltd into liquidation.
- Jul 02, 2019 02:02 PM IST
NCLAT also questioned banks on backdoor negotiations with Adani Group.
- Jul 01, 2019 03:01 PM IST
Proposed changes in area norms to address the issue of affordability and bring in much-needed liquidity into the real estate market.
- Jun 28, 2019 04:55 PM IST
DDA Housing Scheme 2019 was launched on March 25 and was to end on May 10, 2019. However, it was later extended by a month.
- Jun 27, 2019 09:15 AM IST
All the good work done by RERA goes down the drain if justice is delayed and not delivered.