NEWS FEED


Review Maharashtra RERA project completion rules: Bombay High Court

Move would mean builders can’t cite the excuse of pending cases for missing deadline.

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Indian office markets amongst most affordable globally: Report

According to the data for 215 global office markets, Delhi - National Capital Region ranks at 84th, Bangalore at 213th and Hyderabad at 214th position indicating globally competitive pricing as compared talent available

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Unitech moves SC against govt's takeover plea

On the corporate affairs ministry's plea to take over the Unitech management in 'public interest', the NCLT last Friday suspended the Unitech board for alleged mismanagement of funds and barred its directors from selling either personal or company assets

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Homebuyers can't wait indefinitely for possession: NCDRC

The National Consumer Disputes Redressal Commission (NCDRC) noted that possession was not given even after five years and asked New Delhi-based Adel Landmarks Limited to refund

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Landowners getting share of revenue named 'promoters' by MahaRERA

The authority in an order issued on Monday land owners of nearly 4,345 projects registered as they being co-promoters will be mentioned as promoters

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Credai, activists divided on constructions on foothills in Maharashtra

Credai said the notification will hamper redevelopment efforts of existing structures while putting those with land holdings by the foothills at a serious economic disadvantage

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Developer, residents go to court over MCG shutting Tulip gates

While the developer, in its plea filed on Monday, termed the move “illegal”, the residents of the twin societies became a party to the case on Thursday and demanded that the gates be unsealed immediately.

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Tamil Nadu govt demands Rs 3 crore per month from DLF for MRC land

As part of its efforts to recover long pending lease rental from the Madras Race Club (MRC), it has written to realty major, DLF Universal Ltd

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Iconic Taj Mahal Hotel in Delhi to be auctioned on January 30

NDMC will issue a letter of award to the successful bidder on February 14 and will execute the definitive documents by August 13, according to the document

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Rs 300-crore scam in MP to help builders dodge RERA

It's alleged that back-dated completion certificates were issued to housing projects that weren't complete so as to save them from RERA regulations that came into force on May 1, 2017

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NCLT suspends Unitech board, bars directors from selling assets; order subject to SC directives

Unitech said the current management of the company has been with it since its inception and was much better equipped in raising funds, and any interference in the working of the current management would be detrimental to the cause of all stakeholders

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Jaypee Infra home buyers ask IRP for clarity on resolution plan

Home buyers say this would provide much needed clarity on the timelines for possession of projects and the amount of compensation to be paid for delayed possession and timelines for the payment of this compensation

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States with diluted RERA rules will need to mend rules after HC ruling

The Bombay high court has upheld the constitutional validity of RERA and made it applicable to all unfinished projects where completion certificate has not been issued

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