The National Company Law Tribunal (NCLT) has agreed to initiate insolvency proceedings against real estate developer Ansal Properties & Infrastructures (Ansal API). The decision was based on the petition filed by 126 buyers of “The … READ FULL STORY
The Hyderabad bench of the National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Gayatri Projects after it admitted a plea filed by State Bank of India (SBI) in the matter. On November … READ FULL STORY
What are Chawls? Prominent in Maharashtra, a chawl is a one room or two rooms unit that has a long corridor and sharing bathrooms and toilets with other tenants. The layout is such that … READ FULL STORY
Real estate developer M3M India has purchased a 13-acre land parcel in Noida. The outright purchase has been through e-auctions and the developer plans to invest around Rs 2,400 crore to develop a mixed-use project. M3M … READ FULL STORY
Senior companionship start-up Goodfellows has received a fresh round of seed capital funding from realtor Niranjan Hiranandani and entrepreneur Shradha Sharma, the company said in a statement on November 17, 2022. The company, however, … READ FULL STORY
Residential prices continue to see an increase at 6% YoY across the top eight cities – Delhi NCR, MMR, Kolkata, Pune, Hyderabad, Chennai, Bengaluru, and Ahmedabad, amidst robust housing demand and quality launches by … READ FULL STORY
Mindspace Business Parks REIT, owner and developer of Grade-A office portfolio in India, announced the results for the quarter ending September 2022. The company recorded gross leasing of around 1.3 msf in Q2 FY … READ FULL STORY
As part of the Pradhan Mantri Awas Yojana, Chadha Developers and Maharashtra Housing and Area Development Authority (MHADA) are offering 1000 1BHK MHADA flats at Chadha Residency for the EWS segment under the PPP … READ FULL STORY
Chennai is the fourth most populous city in India and is an important metropolitan centre in the country, with automobile and services sector industries being the primary economic drivers. It has emerged as a … READ FULL STORY
Real estate company Signature Global has announced the launch of the second phase of two of its housing projects in Gurgaon. These luxury housing projects, Signature Global City and SG City, are at Sector … READ FULL STORY
The Supreme Court on November 14, 2022, reiterated its commitment for the home buyers of Amrapali when it said that it will constitute a fresh bench to hear the plea of home buyers seeking … READ FULL STORY
The Noida Authority in its 207th board meeting approved safety guidelines for residential high-rises, formulated rules for pet registration, and looked into issues pertaining to the layout of the proposed sports city. From March … READ FULL STORY
Maharashtra chief minister Eknath Shinde has said the ‘missing link’ road on the Mumbai-Pune Expressway will be completed and open for use by December 2023. While making this announcement on November 11, 2022, Shinde said … READ FULL STORY
