NEWS FEED


Tamil Nadu RERA notice to 320 buildings not registered with regulator

TNRERA sources said the Chennai Metropolitan Development Authority (CMDA) approved construction of 400 and 385 buildings in 2015 and 2016

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SC denies interim bail to Unitech MD again, asks home buyers to register claims within 3 weeks

A total of around 16,300 home buyers, with a total money paid of Rs 7,800 crore, in several projects of Unitech have been facing delays at present, advocate Pawanshree Aggrawal

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For capital gains relief, flat possession date counts: ITAT

If a taxpayer makes a profit on sale of an asset, s/he has held for two years, it is treated as an LTCG, taxable at 20% with an adjustment for inflation

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Govt announces new PPP policy for private investments in affordable housing

It has also opened potential for private investments in affordable housing projects on government lands in urban area

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Indian real estate attracts new global investors; pension, sovereign funds up exposure

The total annual investments into Indian real estate from foreign investors have consistently outpaced their domestic counterparts and in the last couple of years

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Jaypee Infra may raise up to Rs 2000 crore

While there were suggestions from some of the bankers present in the meeting to lower the investment floor to around Rs 500 crore per entity

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Mumbai developers gain as RERA brings order to realty

Several small realty developers are, in fact, merging their projects with large established developers to comply with MahaRERA.

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SC asks Unitech to pay litigation charges to 39 Vistas home buyers, disposes of case

The company has already deposited a total Rs 32.6 crore with the court's registery, which has been disbursed to the home buyers

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SC asks Parsvnath to pay 10% per annum interest to 70 Exotica home buyers as interim relief

Parsvnath Developers has already deposited the principal amount amounting to Rs 22 crore with the apex court's registry, which has been distributed to the said home buyers

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Amrapali Centurian Park home buyers move SC challenging insolvency proceedings against Silicon City

Home buyers have asked the Supreme Court to quash the NCLT order passed on September 4, and allow all court proceedings against Amrapali and its directors to be reinitiated

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Post SEBI's decision more realtors may list rental assets

The overall debt limit for REITs is set at 49% of its total value of assets. It does not require unit holders' approval to raise up to 25% of its total asset value through debt

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Homebuyer files case against Lavasa Corporation with MahaRERA

MahaRERA authorities, in a reply to Goswami's complaint, have requested for copies of the complaint along with documents of their agreement within the next 45 days

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200 housing projects face audit by Uttar Pradesh government

The directive was issued on September 14, two days after the government promised that it would ensure builders in Noida and Greater Noida deliver 50,000 homes to buyers in three months.

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