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Good news for home buyers! Builders may have to pay 11% interest for delay in housing projects

Good news for home buyers! Builders may have to pay 11% interest for delay in housing projects

Centre has unveiled draft rules for five Union Territories under the Real Estate Act which seeks to regulate the real estate sector, bring in transparency and help protect consumer interests.

Kolkata to have world's longest skywalk by 2019

Kolkata-based realtor Siddha Group on Monday said it was developing the world's longest skywalk.

ICICI Prudential exits Logix's Noida housing project for Rs 62-crore

Realty player Logix Group has bought back its equity stake in a housing project at Noida from ICICI group's real estate fund for about Rs 62 crore, paving way for the latter's exit from the project.

Bharti Realty ties up with Eros group for housing project

With this partnership, Bharti Realty has forayed into the residential segment. It will develop over 2,000 apartments in this project covering about 5.2 million sq ft of area.

Bharti Realty ties up with Eros group for housing project

With this partnership, Bharti Realty has forayed into the residential segment. It will develop over 2,000 apartments in this project covering about 5.2 million sq ft of area.

FIR lodged against Parsvnath, EOW probes buyers' allegation

Delhi Police has registered an FIR against realty firm Parsvnath Developers for allegedly duping buyers of crores of rupees in its housing project in Civil Lines area of North Delhi.

Shapoorji Pallonji bags construction contract from Max India

Max India group firm Antara Senior Living has roped in construction major Shapoorji Pallonji for its housing project for the elderly at Dehradun, being developed at a cost of Rs 520 crore.

CCI rejects complaint against Larsen & Toubro in realty case

The Competition Commission has rejected allegations of anti-competitive ways against diversified group Larsen & Toubro with regard to a housing project in Bangalore as it found no evidence of unfair practices in the case.

CCI disposes of complaint against Omaxe

Competition Commission of India has disposed of a complaint against Omaxe Ltd as the fair trade regulator did not find the company indulging in anti- competitive practices by nominating a maintenance agency for its housing project.

New housing project in Jalpaiguri

Under the scheme around 1000 people will get houses under the project.