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.
NBCC, the state-run real estate developer appointed by SC to finish the Amrapali projects, has only Rs 19 crore of the approximately Rs 8,500 crore it believes it needs.
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
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