SC may use powers under Article 142 to examine claim after Suraksha & Lakshdeep — companies that took over JIL's assets & liabilities — said Rs 33,000 cr debt would delay flat delivery.
Higher floor area ratio will allow National Buildings Construction Corporation to construct more flats in the five projects that have unused land and sell them to pay off Amrapali's pending dues.
Central bank has issued new rules regarding quick release of loan-related asset documents, which are expected to benefit borrowers, especially homeowners.
14-member panel led by ex-NITI Aayog CEO Amitabh Kant has also suggested measures, including a ‘model package’ for Noida & Greater Noida, to expedite completion of stalled housing projects.
The Greater Noida Industrial Development Authority (GNIDA) office resembles a dharna site, with different groups demanding their due. They are vesting hopes in new CEO Ravi Kumar NG.
Builders have been arrested and some declared insolvent. But owners are yet to get their flats. They are banding together on WhatsApp, mobilising Twitter storms, visiting consumer courts, and forming forums.
Former Gorakhpur district magistrate IAS Ravikumar NG takes over from Ritu Maheshwari after local BJP leaders tell CM that administration needed a leg-up.
The apex court, however, said the homebuyers who purchased properties under the state law before today's verdict, will not have to worry as their registration would remain valid.
I was surprised when Andhra Pradesh minister Nara Lokesh and Deputy Chief Minister Pawan Kalyan advocated for Hindi—at a time when states like Tamil Nadu and Karnataka are opposing its imposition.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.
The only thing that I see can cause property prices to crash is an ageing population like in China, Japan. That is not the case currently in India atleast for the next 25 years.
Corruption can’t be eliminated. Land prices will continue to be hyperinflated. Land supply will continue to be restricted. Housing will continue to be unaffordable.
The only thing that I see can cause property prices to crash is an ageing population like in China, Japan. That is not the case currently in India atleast for the next 25 years.
Corruption can’t be eliminated. Land prices will continue to be hyperinflated. Land supply will continue to be restricted. Housing will continue to be unaffordable.