As per the Misison guidelines, as many as 40 cities have to be announced during this financial year.
The Centre will announce the next set of 27 cities for financing under the Modi-government flagship Smart City Mission next week, Union Urban Development Minister M Venkaiah Naidu said Thursday.
The case pertains project Exotica in Ghaziabad where the firm, was asked by the apex cousumer commission in May this year to refund money to 70 buyers who had booked flats in Parsvnath Exotica project.
Indiabulls Housing Finance is planning to restructure its long-term loan portfolio to bring down the average cost of borrowing for the company by 30-40 basis points.
The Kerala-born is believed to be one of the largest private owners within the Burj Khalifa, the world's tallest structure.
The Delhi High Court has granted an opportunity to beleaguered real estate major Unitech Ltd to complete its delayed housing projects and hand over possession of flats to buyers by opening escrow accounts and using the money deposited in it solely for these projects.
Realty firm Parsvnath Developers Ltd on Saturday reported a marginal decline in net profit at Rs 4.58 crore for the quarter ended June on lower sales.
Facing consumer complaints over delay in project completion, realty firm Unitech today said it will raise about Rs 300 crore from financial institutions and sale of land parcels to complete over 40 housing projects comprising 13,000 flats within the next two years.
The apex court directed Supertech to pay 10 percent per month of the invested amount from January 5, 2015 to 17 home buyers, who are before the court, within four weeks.
Delhi High Court has dismissed a suit by the Indian Hotels Company Ltd (IHCL), which runs the iconic Taj Mansingh Hotel here, seeking to restrain New Delhi Municipal Council (NDMC) from auctioning the property.
The Supreme Court on Monday directed Sahara India Commercial Corporation Limited (SICCL) to deposit Rs 3.5 crore to pay back investors who had bought flats in its Gurgaon project but did not receive possession on time.
Online real estate advisor PropTiger today said it has acqui-hired Mumbai-based startup PropRates, a move that will help the News Corp-backed realty portal to add advanced data collation tool to its offering.
Realty major DLF on Friday announced the sale of its remaining 7 screens of DT Cinemas in the national capital to Cinepolis India for nearly Rs 64 crore, thereby exiting the cinema exhibition business.
CCI has rejected complaints against two real estate developers -- Imperial Housing Ventures and ANS Developers.
Unitech, had been asked to deposit Rs 5 crore by August 5, 2016, for delaying the completion of a high-end residential project Burgundy.
Realty portal Magicbricks Wednesday launched a mobile app to help users find the current property prices in eight major cities as part of its strategy to expand operations.
In a bid to revive the stuck construction and real estate projects, the Cabinet on Wednesday approved an array of measures to help quickly resolve disputes, pump in liquidity and deal with stressed assets.
Last October, DLF had announced that its promoters would sell 40 percent stake in DLF Cyber City Developers (DCCDL).
Delhi Development Authority's Housing Scheme 2016 with 12,000 flats on offer is likely to be launched around Diwali, in what could be a festive bonanza for home buyers.