Project delays are one of the most alarming issues, historically dogging the Indian real estate sector. The dearth of effective planning and execution of construction activities, escalating construction costs, approval delays, diversion of allocated … READ FULL STORY
The Supreme Court, on May 10, 2018, found that the embattled real estate firm Amrapali Group, in its affidavit filed before it, had said that Rs 2,766 crores were diverted to two other companies. … READ FULL STORY
The Supreme Court, on May 10, 2018, directed that if the Eastern Peripheral Expressway is not inaugurated on or before May 31, 2018, it should be thrown open to the public who were facing … READ FULL STORY
The Supreme Court, on April 25, 2018, asked Noida-based Galaxy Group, which is willing to complete three projects of the Amrapali Group, to furnish its financial standing, its track record and an undertaking for … READ FULL STORY
In a bid to ascertain whether there was any ‘siphoning’ of funds, the Supreme Court, on April 11, 2018, asked real estate major Amrapali Group, to provide details of the money it had collected … READ FULL STORY
The shortage of affordable housing in Delhi, should be viewed within the wider context of an overall housing shortage in the country. Housing supply in urban areas has not kept pace with the additional … READ FULL STORY
In real estate lexicon, market drivers are developments in an area that increase the value of living there. It is a well-established fact that infrastructure is by far, the most important driver for real … READ FULL STORY
After nearly a decade of Noida Extension being carved out and planned by the government agency, the region faces numerous civic woes – from bad roads and traffic bottlenecks, to overall infrastructure deficit. This … READ FULL STORY
Union Road Transport and Highways Minister, Nitin Gadkari has said that the government has undertaken projects worth Rs 31,930 crores, to decongest Delhi and the NCR and minimise vehicular pollution, which has become a … READ FULL STORY
The Supreme Court, on October 25, 2017, refused permission to the embattled Jaiprakash Associates Ltd, to hive-off its rights in the multi-crore, six-lane Yamuna Expressway connecting Greater Noida with Agra in Uttar Pradesh. The … READ FULL STORY
The Supreme Court, on October 23, 2017, said it ‘must be clarified’ whether the multi-crore, six-lane Yamuna Expressway, connecting Greater Noida with Agra in Uttar Pradesh, belonged to a Jaypee Group firm, which wanted … READ FULL STORY
The Supreme Court, on October 13, 2017, restrained the directors of real estate major Amrapali Group, from leaving the country without its permission. A bench headed by chief justice Dipak Misra issued notice to … READ FULL STORY
A Supreme Court bench of chief justice Dipak Misra and justices AM Khanwilkar and DY Chandrachud, on October 6, 2017, issued notices to the central government and Amrapali Group and sought their response within … READ FULL STORY
