According to a government statement, Delhi chief minister Arvind Kejriwal, has asked the land-owning agencies in Delhi, not to demolish any ‘jhuggi’ till February 28. “Please do not demolish jhuggis till winters are over, … READ FULL STORY
Real estate firm Unitech Ltd has sought Rs 500 crores towards principal amount and interest from the Telangana State Industrial Infrastructure Corporation. The firm said it paid Rs 165 crores in instalments for the … READ FULL STORY
The Delhi High Court has sought the response of the municipal corporation of north Delhi, on a PIL alleging that its officials were ‘colluding and conniving’ with private builders, by permitting illegal constructions. A … READ FULL STORY
Delinquencies in the loan against property (LAP) market are set to rise 70 basis points (bps) to 3.3 per cent this fiscal, even as underlying risks stemming from moderating growth, intensifying competition and falling … READ FULL STORY
The Supreme Court, on December 15, 2017, granted time till January 25, 2018, to the embattled real estate firm Jaiprakash Associate Limited (JAL), to deposit Rs 125 crores more, for safeguarding the interests of … READ FULL STORY
Opposition parties, Congress and the NCP, on December 14, 2017, targeted the BJP-led Maharashtra government for giving 230 acres of land to Patanjali Ayurved Limited, for a food park in the non-SEZ area of … READ FULL STORY
The National Green Tribunal (NGT), on December 14, 2017, restrained the Delhi Development Authority (DDA), DSIIDC and other local authorities, from awarding work for commercial projects, till they identify alternative landfill sites in the … READ FULL STORY
Individual wealth in real estate grew by 8.62 per cent to reach Rs 60.25 lakh crores in FY17 and is likely to double, to reach Rs 121 lakh crores in the next five years, … READ FULL STORY
The Haryana government is planning to set up 11 garbage transfer stations in Gurugram, which will generate a minimum of 10 MW of energy from the garbage, on a daily basis, Haryana chief minister … READ FULL STORY
A Supreme Court bench comprising chief justice Dipak Misra and justices AM Khanwilkar and DY Chandrachud, on December 13, 2017, stayed the National Company Law Tribunal’s (NCLT’s) order that allowed the centre to take … READ FULL STORY
A National Green Tribunal (NGT) bench headed by chairperson justice Swatanter Kumar, on December 12, 2017, directed the Delhi Metro Rail Corporation (DMRC) to comply with the prescribed decibel limits and directed the Delhi … READ FULL STORY
Reliance Industries Ltd (RIL) owes ‘additional surcharge’ of more than Rs 1,900 crores to state-run agency MMRDA, for delay in development of plots in Mumbai, the Maharashtra assembly was informed, on December 12, 2017. … READ FULL STORY
The Supreme Court, on December 12, 2017, asked Delhi health minister Satyendra Jain to urgently convene a meeting of the committee, on the issue of solid waste management and said a definite plan of … READ FULL STORY
