A Delhi court, on September 11, 2017, granted bail to the promoters of real estate firm Unitech Ltd, Sanjay Chandra and Ajay Chandra, in one of the many cases of alleged fraud committed by … READ FULL STORY
While refusing to grant interim bail to jailed Unitech promoters, Sanjay Chandra and Ajay Chandra till September 15, 2017, in a case of alleged forgery lodged by home buyers of its Gurugram-based housing project, … READ FULL STORY
Additional chief metropolitan magistrate Sandeep Garg, remanded Unitech promoters Sanjay Chandra and Ajay Chandra to police custody, for interrogation into an FIR lodged by an 85-year-old woman, alleging fraud by the firm and its … READ FULL STORY
While dismissing the bail plea of one of the arrested directors of real estate firm AMR Infrastructure Limited, a special court said that “Any builder/developer who dupes by inducing, alluring, painting false pictures, selling … READ FULL STORY
IT/ITeS and BPO companies, have been instrumental in attracting the young workforce to big cities like Delhi, Bengaluru, Mumbai, Pune, Hyderabad, Jaipur, etc. Consequently, this job sector has significantly impacted the rental landscape of … READ FULL STORY
If extra FAR (Floor Area Ratio) is a good incentive for developers to build green buildings, then Noida should have many such buildings, noted a panelist at a seminar on sustainable development, in Delhi. … READ FULL STORY
A special court, on August 21, 2017, said that keeping in view the gravity of the offence, in the alleged case of duping of 200 investors of crores of rupees, against the directors of … READ FULL STORY
Infrastructure developments and large projects, such as industrial corridors or IT hubs, tend to augur well for the real estate market in the area. The Delhi-Mumbai industrial corridor (DMIC) announced by the government of … READ FULL STORY
With fewer new launches in the last 6-9 months as developers focus on completing their projects and improvements in infrastructure, the suburbs around Delhi now offer ample opportunities for prospective home buyers. Highlighting this … READ FULL STORY
Delhi-NCR’s rental market is now witnessing a new source of supply of apartments. Investors, who have been the primary buyers of apartments, are now stuck with excess inventory and are willing to rent out … READ FULL STORY
Greater Noida, Noida and Yamuna Expressway Authorities boards, have allocated a total of Rs 18,669 crores this fiscal, for the development of the tri-cities. The Yamuna Expressway Industrial Development Authority (YEIDA), approved Rs 4,156.13 … READ FULL STORY
Additional sessions court judge, RK Tripathi dismissed the revision petition filed by the managing director RK Arora, director GL Khera and manager Guneet Singh of Supertech Ltd, against criminal proceedings, saying that they cannot … READ FULL STORY
A Supreme Court bench of justices Madan B Lokur and Deepak Gupta, was apprised by Ghaziabad’s senior superintendent of police (SSP) that the construction work on the Eastern Peripheral Expressway in Ghaziabad has resumed. … READ FULL STORY
