NEWS FEED


TN-RERA directs Green Avenue Homes & Gardens to complete project

The case relates to redevelopment of a property on Fifth Avenue in Anna Nagar, where the developer demolished six apartment units after entering into a joint venture agreement.

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Ghaziabad development body to approach UP-RERA against Aura Chimera's builder

​Officials said GDA will issue a recovery certificate to the builder for its failure to pay up dues to the tune of Rs 7 crore.

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Realtors likely to offer incentives as base corporate tax rate reduced to 22%

​The move is also expected to bolster growth of other key segments, including offices, warehousing and industrial real estate, said experts.

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Unitech's director booked for usurping over eight acres of land

Ajay and his brother Sanjay Chandra are lodged in Tihar jail since August 2017 in a case related to alleged siphoning of homebuyers’ money.

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Noida: Dwelling Star loses land lease over pending dues of Rs 157 crore

Land lease of a private developer here was cancelled on Thursday over non-payment of over Rs 157 crore dues towards the Noida Authority, officials said.

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Lodha sells Wadala building to Tata, Varde Partners for Rs 1,350 crore

The 8 lakh sq ft commercial tower on the Sewri-Chembur link road near Bhakti Park has been partly purchased by Trent Tesco (Tata Group), which has paid about Rs 250 crore.

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IIFL Home Finance gets Rs 300 crore from Syndicate Bank

IIFL Home Finance, a direct subsidiary of IIFL Finance, funds low-cost housing, a focus area for the government that aims to attain “Housing for All by 2022”.

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UP-RERA to auction unsold flats of defaulting builders to refund buyers

While Rera benches have taken several steps against defaulting builders across the country, this is perhaps the first time that such a move has been announced in India under the new real estate law.

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SBI withdraws repo rate linked home loan scheme

Further, the bank removed details of the repo-rate linked loan scheme from its website about a week ago.

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Motilal Oswal funds make Rs 105 crore exit from Pune project

The investment was made through two of its funds India Realty Excellence Fund II (IREF II) and India Realty Excellence Fund III (IREF III).

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RBI explores loan rate pricing for housing finance companies

While an external benchmark might not be mandated for housing finance companies (HFCs), banking regulator wants to bring more transparency in their pricing.

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NCLT initiates insolvency proceedings against Sana Realtors

The court has appointed Sudhir Kumar Agarwal as the interim resolution professional (IRP) for the case. The court directed the IRP to make public announcement.

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UP-RERA deregisters 16 projects in Shahberi

In June this year, GNIDA had surveyed Shahberi and identified 1,453 apartment projects, illegally constructed on Shahberi land.

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