HDIL's Sarang Wadhawan now held for Rs 131 crore housing fraud
on 22/09/2020 at 9:00 AM
The Wadhwans were arrested last year for their alleged roles in the Rs 4,700-crore Punjab and Maharashtra Cooperative (PMC) Bank loan fraud case. They are currently in jail.
Can RBI ensure banks infuse funds in Amrapali projects: SC
on 22/09/2020 at 4:13 AM
A bench comprising Justices U.U. Lalit and Ashok Bhushan asked the advocate for the central bank to file an affidavit in the matter clarifying the regulatory provisions.
MahaRERA asks disputing Mayfair Maru Developers' partners to share refund liability
on 21/09/2020 at 4:10 AM
Mayfair Maru Developers is a partnership between Mayfair Housing’s Nayan Shah, and Jayesh Maru.
Construction of Jaypee Kalypso Court resumes under UP-RERA's new rehabilitation model
on 20/09/2020 at 7:40 AM
In all, 274 units out of the total 304 sanctioned units in the towers 7, 8, 11, 12 have been sold and 30 units are yet to be sold. On its part JAL committed to infuse Rs 45 crore into the project and will complete the project in about 12-15 months.
DHFL seeks loan dues of Rs 112 crore from Pune-based Landscape Realty & guarantors
on 19/09/2020 at 4:04 AM
Corporate guarantors include Gadgil Holdings Private Limited and Dajikaka Gadgil Developers Private Limited, and also individual guarantors Saurabh Gadgil and Radhika Gadgil, for paying dues of Rs 112 crore as of August 28.
NBCC assures monitoring after Amrapali residents raised safety concerns
on 18/09/2020 at 4:09 AM
Residents of Sapphire I, where over 90% of the flats are occupied, met the NBCC CMD on Thursday to complain about the safety issues while executing the work.
Sebi allows REITs, InvITs to list on bourses operating in IFSC
on 17/09/2020 at 4:17 AM
In a circular, Sebi said units of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) meeting certain conditions may be permitted to list on stock exchanges operating in the IFSC.
Noida, Greater Noida authorities to move SC over 8% interest order
on 16/09/2020 at 3:54 AM
The authorities, at present, charge 12% interest per annum from private developers over the land allotment cost. In case of default, the interest rate is increased to 15% and compounded every six months.
Plot owner's Aadhaar, OTP must for registry in Haryana
on 15/09/2020 at 4:20 AM
Now, all property details and revenue records have been digitised and each property has been given a unique identity number in the Haryana Land Records Information System (HALRIS), the portal used for registration and record of properties.
HSVP set to auction land of 11 failed projects to recover dues
on 14/09/2020 at 3:37 AM
If the plan is implemented, it would be the first time in the state’s recent history when a development authority has auctioned land of cancelled projects to recover dues and refund investors.
Gujarat's rental housing policy kicks in with sops for corporates, developers
on 13/09/2020 at 6:15 AM
The state’s affordable rental housing policy is a corollary to the union government’s scheme for affordable rental housing for migrants launched in post Covid scenario in India.
Maharashtra government raises circle rates by average 1.74%
on 12/09/2020 at 4:06 AM
While the government has increased the RR rates for the rest of Maharashtra; for Mumbai, excluding the metropolitan region, it has reduced the rates by 0.6 per cent.
Ola Technologies to lease over 4.25 lakh sqft office space in Bengaluru
on 11/09/2020 at 12:51 PM
The new facility can seat over 4,000-5,000 employees and will come up in Prestige Startech in Koramangala, Bangalore.