Delhi

Delhi

The National Company Law Tribunal (NCLT) has appointed an insolvency professional on Thursday for Jaypee Infratech. This move will provide thousands of buyers in Jaypee projects two weeks’ time to...
Grant of approval for building plans in private developer areas (licensed colonies) of Gurugram and rest of the state of Haryana is about to become simpler and quicker. As per its self-certification...
Three directors of Amrapali Group - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - on Sunday submitted their passports to the district administration with the assurance that they were not flying out...
The realty firm Amrapali group intends to tide over the crisis by monetizing its land bank and roping in co-developers to complete over 30,000 housing units in Noida and Greater Noida, the...
Yamuna Expressway Industrial Development Authority (YEIDA) gave its assurance to homebuyers on Wednesday that insolvency proceedings against Jaypee Infratech notwithstanding, the interest of...
With a recent judgment by a tribunal, an aggrieved buyer can now initiate bankruptcy proceedings against the developer if the latter has defaulted on the delivery of one’s commercial property or...
The Punjab Council of Ministers (CoM) on Friday decided to lower circle ratesin-principle and also reduce stamp duty on registration of property in urban areas to give a push to the real estate...
In the high-profile Saradha Realty scam of West Bengal, markets regulator SEBI has ordered attachment of bank and demat accounts of the firm, its chief Sudipta Sen and nine others to recover dues...
The panel also urged the state government to organise a plantation drive in the eco-sensitive area near the heritage site. The National Green Tribunal on Wednesday directed the Uttar Pradesh...
The Income Tax (IT) Department on Thursday issued fresh summons to Rashtriya Janata Dal (RJD) chief Lalu Prasad's daughter Misa Bharti and her husband Shailesh Kumar to appear before it on Monday...
Thousands of homebuyers who booked properties in Jaypee projects years ago are an anxious lot since the National Company Law Tribunal initiated insolvency proceedings against the company. There are...
The government has brought down the GST rate on work contracts for affordable housing from 18% fixed earlier to 12%. From buyers’ perspective, this is not going to have any effect on the price of...
The Supreme Court today asked jailed Unitech promoter Sanjay Chandra to furnish Rs 15 crore for his release from the prison.The next hearing date on his bail plea  is on September 18. Unitech...
In view of the high cost of land being the major constraint in rapid expansion of affordable housing, the Niti Aayog has made the case for taking steps to bring down land prices to give a push to the...
The Centre is considering sending out invitations to companies across the globe to showcase their construction techniques, and adopt the most suitable ones to build affordable houses for poor...
Financial services company ASK group is planning to pump in over Rs 1,000 cr as private equity in housing projects in the mid-segment and affordable housing segment in 2017-18.  With an investment...
Realty firm Supertech has obtained the environmental clearance for developing a sports-centric housing project in Greater Noida that would involve an investment of Rs 1,130 cr.   To be called...
The government has approved construction of over 2.17 lakh more houses for urban poor in six states, including Andhra Pradesh, Uttar Pradesh and Assam, taking the total tally to about 26 lakh under...
The three member cabinet committee apponited by the Uttar Pradesh state cabinet to look into the real estate issues of Noida, Greater Noida and Ghaziabad areas held separate meetings in Ghaziabad and...
  The housing and urban affairs ministry has made it clear that it is not averse to bringing about changes in the real estate regulation rules if doing so would ensure effective implementation of...
  Niti Aayog has recommended to the central government that it should work with states to bring down stamp duties and also speed up the release of land caught in litigation due to archaic urban...
  Post demonetisation the the income tax (IT) department has been diligently working on its data to identify instances where things are amiss.  In its latest move, coming down heavily on benami...
  The Supreme Court today stayed insolvency proceedings against Jaypee Infratech before National Company Law Tribunal (NCLT)on home buyers' plea and asked attorney general KK Venugopal to...
Bank of Baroda has filed a petition against Amrapali Silicon City,real estate major Amrapali group company because the company has defaulted on the payment of loans taken from the bank. The petition...
  The Real Estate Regulatory Authority (RERA) of Rajasthan has decided to impose a penalty on developers who have not registered their ongoing project with regulatory authority till the extended...
  Some six months after the New Delhi Municipal Council (NDMC) had given a go-ahead for auctioning the hotels, the civiv body has finally decided to invite bids for e-auction of three...
  Anushka Singh, granddaughter of DLF chairman KP Singh, has bought a bungalow on Prithviraj Road in the Lutyens Bungalow Zone (LBZ) for Rs 476.50 cr.  The transaction value of the deal was...
  NBCC may just emerge as the saviour for nearly 30,000 homebuyers who are living under the fear of never getting the dream home they booked with the Jaypee Group.  The blue-chip Government of...
Construction major Shapoorji Pallonji known for building numerous iconic buildings has beaten L&T in the race to bag the government's Rs 2,600 cr project to redevelop the ITPO (India Trade...
  The newly appointed minster for Housing and urban affairs Hardeep Singh Puri has taken up the issue of protecting the interests of homebuyers in Jaypee Infratech’s projects with finance and...
The Supreme Court on Monday stepped in to safeguard the interests of Jaypee Wish Town homebuyers by reinstating the management of the company back to the Insolvency Resolution Professional (IRP) Anuj...
  Just the other day UP chief minister Yogi Adityanath had asked builders in Noida and Greater Noida areas to give a finishing touch to their projects nearing completion fast and hand over the...
  The Greater Noida Industrial Development Authority has come up with a plan to create a special relief fund to bail out the realty projects of small builders that are stuck up for one reason or...
  The sagging spirits of the homebuyers who had booked flats in housing projects of the distressed Jaypee Infratech got a breather on Monday when the Supreme Court said that it could...
  Kritikka Infrastructure,an entity of, Indiabulls Real Estate, yesterday offloaded 1.45 crore shares of realty company firm.   According to NSE, the company sold 1.45 crore shares, or...
  The interim bail plea of Unitech MD Sanjay Chandra was rejected yet again on Thurday by the apex court, giving more importance to homebuyer’s interests than the jailed builder’s freedom....
  The government is considering development of urban housing projects in the fringe aeas of towns and cities as the civic infrastructure of the existing urban areas is overburdened with...
  A fresh plea has been filed in the apex court seeking protection of the rights and financial interests of lakhs of home buyers, subsequent to the initiation of insolvency proceedings against...
  Some two lakh buyers of residential and commercial properties have come together to form the umbrella organization RRM Foundation (Radical Realty Media Foundation).  The purpose is to expose...
  At an ASSOCHAM event attended by the housing and urban affairs minister Hardeep Puri here on Wednesday, the real estate wing of the industry lobby made the case for creation of a fund by the...
  Addressing an event organised here by the ministry of Housing and Urban Affairs, on the occasion of World Habitat Day, the Union Minister of State (MoS) Hardeep Singh Puri articulated his...
  The apex court on Friday wanted the response of the government and two Amrapali Group firms shared on an appeal by over 100 hassled home buyers that their interests be safeguarded by treating...
  There was a marginal increase in leasing of office space witnessed during the July-September period across the eight key cities.  As per the 'India Office Q3 2017' report of property...
  The working group formed by the Insolvency and Bankruptcy Board of India has come out with draft regulations for repayment plan for individuals and firms declaring insolvency.  These...
  Delhi Development Authority (DDA) on Thursday made an official statement that it has simplified the land pooling process for building housing for Economically Weaker Sections (EWS).  This step...
  Upholding the right of homebuyers to get the posession of their flats on time, the Supreme Court has directed Supertech Ltd to refund around Rs 1 cr to a buyer for delay in giving possession of...
  The Minister of Housing and Urban Affairs Hardeep Singh Puri always has comforting words for the real estate sector.  On Tuesday, post release of  a commemorative stamp on the occasion of the...
  Emulating MCG, Haryana Urban Development Authority(Huda) is also going fully digital for approval of  building plans. A team of Huda officials from Panchkula visited the MCG headquarters on...
  In order to ease the burden on small and medium businesses, revenue secretary Hasmukh Adhia has said that some sort of rejig in GSTrate structure is needed. The Goods and Services Tax (GST),...
  Fight for RERA, an all-India homebuyers' pressure group, has written a letter to the Prime Minister Narendra Modi seeking his intervention in stopping banks from collecting monthly...
  According to the  Housing Price Index (HPI) for the first quarter of this fiscal which was released by the Reserve Bank of India today, the average housing prices appreciated by 8.7% in...
  Government is working on a new law to curb misleading advertisements and set up a central authority to look after fast-track redressal of consumers' grievances, Prime Minister Narendra Modi...
  The apex court on Friday asked the real estate major Amrapali Group to respond to a plea filed by around 700 home buyers who had booked their dream homes in its projects. A bench...
  More than 73% of household decorative paints, sold in different parts of the capital, have been found with lead content much higher than permissible levels in a recent study conducted by Toxic...
  GST has put the home service startups in a dilemma. These startups like UrbanClap, Quikr and Housejoy that provide digital platforms for service providers such as plumbers, carpenters and...
  A PIL in Delhi high court has contended that about 90% of buildings in Delhi default on safety norms and that there are over 1,700 illegal colonies where people's safety has been...
  In what could be a complete revamp of the four-month-old goods and services tax (GST), the Centre and states are reviewing about half of items in the highest bracket of 28% and allowing even...
  It is one year to the demonetisation move by the government on November 2016, and the functionaries are busy explaining the benefits from the exercise.  As per data from the housing and urban...
  The draw for DDA's new housing scheme, 2017 housing scheme, would be held around the end of November, a senior official said. Under this scheme, 12,000 flats are on offer across four income...
  Finance minister Arun Jaitley has given the hint that further changes in the Goods and Services Tax are in the offing and criticized those who are trying to link rate cuts on about 200 items on...
  The cause of affordable housing finance in India should get a big boost with the International Finance Corporation, a member of the World Bank Group, coming together with the country's...
  Cisco Systems, the American multinational technology conglomerate based in San Jose, California has announced a $1 billion programme to facilitate city planners adopt technologies that will...
  With a view to enure faster completion of residential projects and their delivery on time, the Greater Noida Industrial Development Authority (GNIDA) on Monday said that it has ‘defined’...
  Builders body NAREDCO has requested the government to consider lowering the goods and services tax (GST) rate for the real estate sector from the existing 12% to 6% in order to boost fresh...
  According to data compiled by the real estate research firm Liases Forras, more than six lakh houses in the National Capital Region (NCR) have missed their delivery schedule, with almost a...
  Defending the new measures that prevent errant promoters from trying to reacquire assets till they clear dues, government officials claim the the insolvency ordinance provides a level...
  Nearly 15 global players including Samsung Construction and China Construction are in the fray along with home-grown companies like L&T and Reliance Infrastructure for bagging the contract for...
  The draw for the DDA's new housing scheme is expected to take place today.  The draw of lot for the 46,182 registrants who applied in the housing scheme is slated to be held in the Vikas...
  At the inaugural session of the 'Hindustan Times Leadership Summit - 2017' in Delhi, the prime minister made the observation that Aadhaar is helping in bringing about an "irreversible...
  The government is likely to increase the coverage of interest subsidy scheme for home buyers under PM Awaas Yojna (PMAY) in urban areas.  The government is contemplating modification of...
  The three-member cabinet committee, set up by the UP government to sort out the mess in Noida’s real estate sector, directed Gautam Budh Nagar SSP Love Kumar on Monday to arrest eight...
  The north corporation, facing severe shortage of funds, came up on Tuesday with three major tax proposals in its budget for 2018-19. If the standing committee and the House pass these...
  Delhi administration might soon begin the drive to seal unauthorised construction in Delhi with the apex court on Wednesday saying it would revive the court-appointed monitoring committee to...
  Homebuyers who have booked properties in Amrapali Group projects might find solace in the fact that Puravankara and Godrej Properties are among at least six companies that have expressed...
  Gurugram-based developer Tulip Infrastructure Private Limited has moved court against the MCG’s move to seal the gates of two of its residential societies in Sector 70. In its plea filed on...
  Recently, the apex consumer commission National Consumer Disputes Redressal Commission (NCDRC) observed that home buyers cannot be made to wait indefinitely for possession of flats booked by...
  The Supreme Court on Wednesday stayed the National Company Law Tribunal order allowing the Centre to take over the management of beleaguered realty firm Unitech Ltd, while acknowledging...
  As per a study by Anarock Property Consultants, about 73% of the affordable homes launched in the Delhi-NCR region in the last three years were priced between Rs 20 lakh and Rs 40 lakh, with...
  As per an official order, matters pertaining to administration of the RERA for regulation of the real estate sector and to protect the interest of consumers will be dealt by the Housing...
  A green body on Monday launched ratings for houses constructed under the government's affordable housing scheme, based on their level of sustainability. The ratings are on a scale of one to...
  Homebuyers of NBCC Heights, a residential housing society in Sector 89 of Gurugram, seem to be in mood to attend the meeting called by the developer next week. The buyers who are mostly central...
  Lower House of the parliament on Wednesday passed a bill to amend the regulations around compensation payable for acquisition of immovable property by the Centre for defence and security...
  With the threat of liquidation looming large, Jaypee Infratech, a Jaypee Group company, is fervently working to expedite the deliveries of its apartments. The company is aiming to deliver over...
  The year about to end soon has been a year of high highs and low lows for the Canadian housing market. It started with parts of the market reporting year-over-year price gains of more than 30...
  According to Zillow’s November housing market report, median rent across the United States increased by 2.4% in the 12 months to November 2017 to $1,435 per month, accelerating again after a...
  Securities and Exchange Board of India (SEBI) on Friday imposed a fine of Rs 1 cr on IHI Developers India and its four directors for illegally collecting money from the gullible public by...
  As per the housing and urban affairs ministry, about 20,000 real estate projects were registered across India under the Real Estate Regulation Act (Rera). More than half of these registrations...
  The government said on Tuesday that in order to spruce up the state of infrastructure in urban areas, an investment of some Rs 39 lakh cr will need to be made for the 20-year period between...
  The real estate company Supertech Limited and its top brass were served a notice on Wednesday by the National Consumer Disputes Redressal Commission (NCDRC) seeking their response on why money...
  Latest figures from the real estate firm Zillow show the cumulative value of the US housing market growing at its fastest annual pace for four years at 6.5%. The total value of all homes in the...
  Regulator of the securities market SEBI has banned the Rose Valley Real Estate & Construction and its five directors from the securities market for a period of four years because they have been...
  According to a study by the real estate firm Zillow, Silicon Valley’s San Jose in California looks poised to emerge as city showing the top housing market growth in the United States in 2018....
  Acting under the Prohibition of Benami Property Transactions Act that kicked in from November 1, 2016, the Income Tax Department (ITD) has provisionally attached more than 900 benami properties...
  In order to provide a thrust to affordable housing before the next elections, land available with six loss-making central public sector enterprises has been identified to give momentum to Prime...
  Recently, the global real estate firm Engel & Völkers published a report outlining the most promising luxury property trends in the four major Canadian cities of Vancouver, Toronto, Montreal,...
  The game of cricket has unusual ways – yes some forms are played over five days and yes some games end in draws with no winner or loser – did I just hear a purist say ‘a draw is a...
  The residential real estate market of Canada witnessed a strong but waning year-over-year price growth in the fourth quarter of 2017, according to a report by Royal LePage. Based on data from...
  In the budget of this year, the property consultant ANAROCK would like the government to trim down GST rate on under-construction properties, implement single-window clearance for real estate...
  According to the Canadian Real Estate Association’s monthly report, home sales across Canada increased by 4.5% in December as compared to the sales figures in the previous month. And, the...
  The board of the State Bank of India has given its nod to raise Rs 20,000 cr for financing affordable housing and infrastructure projects through long- term bonds.   "The executive...
  In order to give benefit to more home buyers, the housing ministry has extended coverage of interest subsidy under Prime Minister Awas Yojna (PMAY) to property falling under any part of a...
  Bharti Enterprises' real estate firm Bharti Realty is planning to invest about Rs 3,500 cr for the development of one commercial and one residential project in Delhi-NCR region. The company...
  Availability of quality employment opportunities and the affordability of housing are two of the most important factors that attract Canadian millennials to certain metropolitan markets, as...
  The housing and urban affairs ministry is looking to find more allocation for two of its flagship programmes—PM Awas Yojna (PMAY) in urban areas and the Smart City Mission.   It is...
  With February 1, 2018 just about a week away, expectations are running high about the proposals our Finance Minister will be making in the Union Budget 2018. The year that just went by saw a...
  The government is seriously looking into the proposal to extend time limit for the bankruptcy resolution process by up to 60 days post recent changes in the Insolvency and Bankruptcy Code (IBC)...
  The 14th Annual Demographia International Housing Affordability Survey covering 293 metropolitan housing markets of nine countries - Australia, Canada, China, Ireland, Japan, New Zealand,...
  The government is considering whether it would be possible to lower the approval threshold for resolution plans under the Insolvency and Bankruptcy Code (IBC) so that too many insolvent...
  In a move to provide relief to those hit by the sealing drive in Delhi, DDA looks set to increase the floor area ratio (FAR) of commercial establishments, thus increasing their ground coverage...
  Those buying an insolvent asset that has a subsidiary with a non-performing loan may now be allowed to bid for other insolvent assets too.  The government is deliberating over the issue and...
  In order to achieve its vision of Housing for all by 2022, the government’s Union Budget for 2018-19 proposes setting up of a dedicated fund for affordable housing.   “My Government...
  A chargesheet has been filed against former Haryana chief minister Bhupinder Singh Hooda and 34 others by CBI on Friday, in connection with the Manesar land scam case. The chargesheet has been...
  The housing market in the Greater Toronto Area is slowing down, and prices are on a downward trajectory from the peak attained in last April. While a crash is still unlikely, the recent news is...
  In order to give a push to entrepreneurship in the country, the government is thinking about shielding startups floated prior to 2016 from the so called angel tax. The finance ministry has...
  The private equity (PE) wing of Indiabulls Asset Management Company has acquired an entire commercial building with fully leased 2.35 lakh sqft of office space on NH-8 in Gurugram from the...
  Taking action about a month after a court direction to the local police for registering a case against Amrapali builders for delay in construction and delivery of flats in Sapphire Phase II,...
  The most recent data release by the REALTORS® Association of Edmonton show that the market was witness to a generous surge in sales volume last month, with total residential unit sales (across...
  According to sales data recently released by Toronto Real Estate Board, home sales in the Canada’s biggest city fell drastically in the first month of 2018, with tougher mortgage...
  As per a report by the real estate company Royal LePage, Canada’s residential real estate market was witness to strong, but slowing year-over-year price growth in the fourth quarter of...
  The Cabinet looks set to grant its approval to the biggest ever financing plan for the PM Awas Yojna (PMAY) on Tuesday to meet the fund requirement for building 1.2 cr affordable houses in...
  The apex consumer commission has directed the Unitech Ltd to refund over Rs 4.3 cr to a home buyer because the realtor has been unable to hand over the possession of a property even after four...
  All is not lost for the would-be homebuyers in Canada who are harboring hopes of buying a home in one of Canada's pricey cities. For the first time in nearly three years, housing...
  The Canadian commercial real estate market set another record for investments in 2017, and as per the latest report from CBRE Ltd, Canada was one of only four countries in the world to do so....
  The apex court on Monday asked the Union government to respond to a PIL alleging blatant violation of fire safety norms specified in the National Building Code, 2016, by builders and shocked...
  As reported by the Toronto Real Estate Board on Tuesday, the sales figures of homes sold in the Toronto-area in the last month fell by nearly 35 per cent and the average selling price dropped...
  With the Supreme Court having stayed the amendments it had proposed to Master Plan for Delhi 2021 on Tuesday, Delhi Development Authority is in the process of submitting an affidavit in the...
  The government will take a fresh look on the issue of the bar on liquidating the assets of those who have given personal guarantees against loans in the matter of companies undergoing...
  There are clear signs that homebuyers could be treated on a par with unsecured financial creditors in the matter of insolvency proceedings for real estate companies. This is one of the...
  As per information provided by the Finance Ministry in the Rajya Sabha on Tuesday, Income tax department has provisionally attached benami properties worth over Rs 3,900 cr involving more than...
  In what could be the biggest anti-encroachment operation in the capital in recent times, demolition teams acting under the district administration, police and Rapid Action Force launched a...
  Archaeological norms and building bye-laws apply equally well to all restaurants and eateries in the Hauz Khas area too, the Delhi high court has observed while asking the local authorities to...
  Securities and Exchange Board of India (SEBI) has decided to go ahead with auctioning of some 69 properties of Sai Prasad Group of companies and three of its directors on April 20 in order to...
  Sam Beckford, founder of Successful Property Strategies, an author and owner of three commercial properties worth $14.5mln believes that investment in commercial properties is more rewarding...
  In order to realize its dream of 'housing for all by 2022,' the Centre has proposed to ease green norms for the building and construction sector where projects up to 50,000 sq metres...
  The new mortgage rules and rising interest rates took a toll on Canada’s housing market in February, with house prices falling in seven of the 11 major cities. The Teranet-National Bank house...
  It is about three years ago that Pradhan Mantri Awas Yojana (PMAY) for urban areas which promised “housing for all” by 2022 was launched, but so far just about 8%, or 3 lakh of the 40.6...
  Sebi is planning to make changes in the insolvency proceedings for companies, and the move at a time when there are increasing number of cases coming up under the Insolvency and Bankruptcy Code...
  Union minister Hardeep Singh Puri today said the government would meet its target of building 11 million homes under the Pradhan Mantri Awas Yojna much before the timeline of...
  The 14-member committee headed by corporate affairs secretary Injeti Srinivas, asked to review the Insolvency and Bankruptcy Code (IBC) has completed its task, and submitted a 90-page report to...
  Talking about the progress on Pradhan Mantri Awas Yojana-Gramin (PMAY-G) in the state of Uttar Pradesh, the state Rural Development Minister Mahendra Singh has admitted that Uttar Pradesh has...
  The Supreme Court on Monday criticized the Central government and other authorities over their inability to check the construction of  illegal structures in national capital and asked it to...
  According to new data released by the provincial government, foreign buyers of real estate in Quebec are putting pressure on prices even though this class of buyers accounts for only a tiny...
  The Delhi High Court on Wednesday asked the Delhi government and the South Delhi Municipal Corporation (SDMC) reason why civic amenities could not be provided to the posh Sainik Farms when such...
  According to a Colliers Research report, over 40 mln sqft of new supply is scheduled for completion across Special Economic Zones (SEZs) by the end of 2020. However, Colliers is not expecting...
  Sudhir Valia of Suraksha Asset Reconstruction Company may pip the well-known Adani and Kotak in the bid to acquire Jaypee Infratech, the insolvency-hit company that has to deliver around 25,000...
  The Delhi Development Authority (DDA) is considering development of 14 new housing projects in its budget for financial year 2018-19. It intends to earmark a major share of the budget for...
  Home rental service startup ZiffyHomes on Thursday announced that the company had acquired Gurugram-based home rental platform Nivaasa., though it did not reveal the value of the deal. The...
  If a builder has taken a lump sum amount upfront from a homebuyer but fails to hands over the unit and also does not pay the money back promptly, consumers are free to initiate insolvency...
  The Supreme Court of India on Tuesday shortlisted six residential projects of Amrapali Group that must be completed on priority. All of these six projects are from the Grade A category, and the...
  The market regulator Sebi has banned MBLDL and its five directors from the securities market for at least four years and asked them to return the money they have collected illegally from...
  Home sales in British Columbia dropped last month compared with the year-ago period, but the B.C. Real Estate Association stated that the prices remained unscathed. Prices were not affected by...
  Virtuous Retail, backed by Dutch pension fund manager APG Asset Management, has acquired an ownership stake in North Delhi Metro Mall that will develop a premium retail facility in the national...
  The government is planning to soon promulgate an ordinance for making changes to the Insolvency and Bankruptcy Code in order to provide relief to small businesses and homebuyers, relax...
  Bengaluru is the most preferred city for office expansion in the Asia Pacific region, followed by Shanghai and Singapore, a report by commercial real estate services firm CBRE said here on...
  The government has taken the stand that transfer of commercial tenancy rights is a service liable to tax. Subjecting commercial tenancy rights to tax is bound to affect the overall commercial...
  The National Company Law Tribunal (NCLT) has advised IBBI that the insolvency code regulations need to be reviewed to make sure that they are not "misused or misinterpreted".   It also...
  For a number of Chinese companies looking to lease office space outside of their home base, Delhi and National Capital Region (NCR) have emerged as the preferred place for their expansion...
  The government is considering a plan to bring tenanted or cessed buildings and tenants of such buildings under the Real Estate (Regulation & Development) Act, 2016 (RERA), so that the same...
  A recent study by Nanos Research Corporation for the Ontario Real Estate Association (OREA) shows that in spite of the provincial government’s plan to help make residential properties more...
  There seems to be no respite in sight for over 20,000 homebuyers of Jaypee Infratech who are again staring at uncertainty after banks voted against a bid to revive the insolvency-hit company on...
  Data from the Canada Mortgage and Housing Corporation show that Canadian housing starts came down in April, with builders responding to slowdown of sales in Toronto, Canada's largest...
  According to a recent report by Colliers International, Q1 of 2018 saw a 23% year-on-year increase in office space demand, with pan India absorption recorded at 11.4 mln sqft. With the demand...
  Independent plot owners in Huda sectors and other licensed colonies in the millennium city are in a state of confusion over registration of newly-constructed fourth floors in their...
  The apex court on Tuesday directed realty firm Supertech Ltd to deposit Rs 5 cr more within four weeks to refund to the homebuyers who are having a hard time paying the EMIs on loan taken from...
  According to an affidavit submitted by Amrapali in the Supreme Court on Wednesday, Amrapali is committed to completing a total of 26 projects in four baskets that are currently in various...
  Spelling more trouble for Jaiprakash Associates (JAL), the parent of insolvency-hit Jaypee Infratech, and its lenders, the National Company Law Tribunal (NCLT) has said that the mortgage of...
  Income Tax (IT) department sleuths were busy over the last three days conducting raids in several cities in connection with “illegal farmhouses” bought by politicians, bureaucrats, judges...
  During multiple raids conducted over the weekend against two real estate groups of the Delhi NCR region, the Income Tax Department (ITD) has unearthed black money worth over Rs 215 cr from...
  The government on Wednesday cleared amendments to the Insolvency and Bankruptcy Code (IBC), incorporating changes recommended by a government appointed panel. Homebuyers will now be treated as...
  According to a report on Indian retail real estate segment by the property consultant JLL India, investment by private equity (PE) players in this segment has touched around Rs 5,500 cr since...