Real Estate News

SC asks home buyers to suggest names of auditors to evaluate Amrapali accounts

SC asks home buyers to suggest names of auditors to evaluate Amrapali accounts

The apex court also sought details of all the directors, who have served in the company since 2008 even for a few months, and their properties.

Aug 22, 2018, 09:55 AM IST
SC asks NCLT to deal with insolvency proceedings against Jaypee group

SC asks NCLT to deal with insolvency proceedings against Jaypee group

A bench headed by Chief Justice Dipak Misra said the limitation period of 180 days to conclude the insolvency proceedings will commence from today.

Aug 09, 2018, 12:33 PM IST
SC directs Amrapali group directors, promoters to file details of their assets in 15 days

SC directs Amrapali group directors, promoters to file details of their assets in 15 days

The SC has also asked electricity company to resume connection to Silicon City and Zodiac projects.

Aug 08, 2018, 16:44 PM IST
Gaurs group to enter affordable housing; to invest Rs 1,000 cr on 2 projects in Delhi-NCR

Gaurs group to enter affordable housing; to invest Rs 1,000 cr on 2 projects in Delhi-NCR

Overall, Gaur is developing 14,000 units, of which 5,000 homes will be delivered this fiscal.

Aug 07, 2018, 14:32 PM IST
Ready to undertake projects of Amrapali group, NBCC tells SC

Ready to undertake projects of Amrapali group, NBCC tells SC

A bench of justices Arun Mishra and U U Lalit asked the NBCC to place a concrete proposal before it within 30 days on how they could complete the projects of the Amrapali group.

Aug 02, 2018, 17:54 PM IST
SC orders attachment of bank accounts, movable properties of Amrapali Group

SC orders attachment of bank accounts, movable properties of Amrapali Group

The top court had asked the Amrapali Group to deposit Rs 250 crore in four weeks in an escrow account to be paid to the co-developers on completion of the projects.

Aug 01, 2018, 17:45 PM IST
Affordability of Indian residential real estate at 15-year-best levels: UBS

Affordability of Indian residential real estate at 15-year-best levels: UBS

The report further added that the sector's high inventory levels have also receded.

Jul 26, 2018, 16:12 PM IST
India rises one notch to 35th on JLL global realty transparency index

India rises one notch to 35th on JLL global realty transparency index

India was ranked 36th in the index during the last bi-annual survey conducted in 2016 and 40th in 2014.

Jun 28, 2018, 14:00 PM IST
IT Department attaches benami properties worth Rs 43 billion; Jaipur and Mumbai top the list

IT Department attaches benami properties worth Rs 43 billion; Jaipur and Mumbai top the list

Patna has seen the least number of property attachments under the seizure.

Jun 26, 2018, 15:56 PM IST
AIIB keen on affordable housing investment, seeks govt support

AIIB keen on affordable housing investment, seeks govt support

Till now, the bank has invested USD 1.6 billion in seven projects in the country and has not taken any direct exposure in the affordable housing segment.

Jun 26, 2018, 11:50 AM IST
Home buyers looking for bigger flats in top cities

Home buyers looking for bigger flats in top cities

The cities in the study include Mumbai, Kolkata, Chennai, Delhi, Bangalore, Hyderabad, Noida, Gurugram, Greater Noida and Pune.

Jun 25, 2018, 12:38 PM IST
Jaiprakash Associates to submit plan to protect home buyers' interest in SC

Jaiprakash Associates to submit plan to protect home buyers' interest in SC

On May 16, the apex court had said that the liquidation proceedings against JAL's debt-ridden subsidiary Jaypee Infratech Ltd (JIL) shall remain stayed on submission of this amount.

Jun 15, 2018, 18:06 PM IST
Govt approves 33% increase in carpet area of houses under PMAY Urban

Govt approves 33% increase in carpet area of houses under PMAY Urban

Under the Credit Linked Subsidy Scheme (CLSS), each beneficiary can avail subsidy up to Rs 2.35 lakh on purchase of a house under the scheme.

Jun 13, 2018, 11:30 AM IST
Affordable housing loan to become cheaper due to this RBI decision

Affordable housing loan to become cheaper due to this RBI decision

The RBI has raised the loan limits under PSL Rs 28 lakh to Rs 35 lakh in metropolitan centres and from Rs 20 lakh to Rs 25 lakh in other centres.

Jun 08, 2018, 15:30 PM IST
Godrej Properties raises Rs 1,000 crore from GIC-managed firm

Godrej Properties raises Rs 1,000 crore from GIC-managed firm

Godrej Properties, the real estate arm of Godrej group, is currently developing residential, commercial and township projects spread across 151 million square feet in 12 cities.

Jun 08, 2018, 14:00 PM IST
President approves promulgation of IBC amendment Ordinance to treat home buyers as creditors

President approves promulgation of IBC amendment Ordinance to treat home buyers as creditors

The Ordinance provides significant relief to home buyers by recognizing their status as financial creditors.  

Jun 06, 2018, 16:36 PM IST
PE investments in retail real estate touch Rs 5,500 cr since 2015: JLL

PE investments in retail real estate touch Rs 5,500 cr since 2015: JLL

Increased investments would boost supply of retail space and it is estimated that about 90 shopping malls would come into the market by 2022 at major cities, it added.

May 23, 2018, 15:28 PM IST
1,333 projects worth Rs 50,626 crores completed under Smart Cities Mission

1,333 projects worth Rs 50,626 crores completed under Smart Cities Mission

Close to 400 projects worth Rs 325 crores have already been completed under AMRUT.

May 18, 2018, 14:40 PM IST
Jaypee promoters submit over Rs 10K crore revival plan for Jaypee Infra

Jaypee promoters submit over Rs 10K crore revival plan for Jaypee Infra

The offer, which includes paying part of Rs 9,800 crore debt, giving lenders an equity stake in the company and completing unfinished housing projects, is over 25 per cent higher than the best bid

May 08, 2018, 09:55 AM IST
Know all about Isha Ambani's husband-to-be Anand Piramal's magnificent ancestral haveli in Rajasthan

Know all about Isha Ambani's husband-to-be Anand Piramal's magnificent ancestral haveli in Rajasthan

Anand and Isha have been friends for long and their families have shared a strong friendship for over four decades.

May 07, 2018, 17:59 PM IST

By continuing to use the site, you agree to the use of cookies. You can find out more by clicking this link

Close