Realty player Kolte-Patil Developers, on April 26, 2017, said that it had signed an agreement to redevelop a residential project in Dahisar, in Mumbai. The Dahisar Shree Avadhoot Co-operative Housing Society has a plot … READ FULL STORY
With Maharashtra setting up a regulator in accordance with the Real Estate (Regulation and Development) Act (RERA), it joins a small community of states that have notified their respective realty regulators to be set … READ FULL STORY
PropTiger.com, on April 26, 2017, released the findings of its โRealty Decoded Reportโ for the January-March quarter of the financial year 2016-17 (Q4, FY17). As per the report, the real estate sector in India … READ FULL STORY
Protests from farmers at the construction site has stalled work on the Eastern Peripheral Expressway in Ghaziabad, the National Highways Authority of India (NHAI) has informed the Supreme Court, adding that although the apex … READ FULL STORY
Engineering company IRB Infrastructure, on April 25, 2017, became the first firm to announce a public offer in the infrastructure investment trusts (InvITs) space, with a Rs 5,000-crore plus public issue of its fund … READ FULL STORY
The Income Tax (I-T) department, as part of a special investigation and audit into the account books of the Sahara Group’s Aamby Valley Limited (AVL), has slapped a Rs 24,646-crore tax demand and penalty … READ FULL STORY
The subscribers of the Employees Provident Fund Organisation (EPFO), will now be able to withdraw up to 90 per cent of their accumulations in their PF account, for purchase of homes. EPFO users can … READ FULL STORY
The Supreme Court, on April 24, 2017, directed real estate firm Unitech to deposit 14 per cent interest on Rs 16.55 crores invested by 39 home buyers at its project in Gurugram, by May … READ FULL STORY
A Bombay High Court bench of chief justice Manjula Chellur and justice GS Kulkarni, on April 24, 2017, sought the appearance of the additional solicitor general before it on May 3, 2017, to clarify … READ FULL STORY
The long term growth of the real estate market, depends a lot on how the home buyers are empowered to take decisions and given a platform to fight for their rights. Legal recourse is … READ FULL STORY
Jaypee Wish Town investors, on April 21, 2017, gathered at the Yamuna Expressway Industrial Development Authority (YEIDA) office in Noida, to protest against the builder over delays in the project completion and alleged diversion … READ FULL STORY
A bench of the National Green Tribunal (NGT), headed by chairperson justice Swatanter Kumar, on April 21, 2017, directed the Delhi Development Authority (DDA), to inspect the floodplains near Okhla and submit a comprehensive … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on April 22, 2017, said that the redevelopment of Bombay Development Directorate (BDD) chawls in Mumbai, will raise the standard of living of over 12,000 families, currently staying in … READ FULL STORY
