Haryana Chief Minister Manohar Lal Khattar, has revealed that his government has already approved, in-principle, the setting up of the Metropolitan Development Authority for Gurugram. “To make it functional, a bill would be moved … READ FULL STORY
A Delhi court, on April 10, 2017, granted a three-month interim bail to Unitech Ltd’s promoters, Ajay Chandra and Sanjay Chandra, who were arrested in a fraud case relating to a Gurugram-based real estate … READ FULL STORY
A Delhi court, on April 6, 2017, denied bail to Unitech’s promoters, Ajay Chandra and Sanjay Chandra, arrested in a fraud case relating to a Gurugram-based real estate project and sent them to judicial … READ FULL STORY
A Supreme Court bench headed by justice Dipak Misra, on March 27, 2017, asked the directors of real estate major Unitech Ltd, including its managing director, to appear before the court on May 5, … READ FULL STORY
A total of nearly Rs 12,857 crore of external development charges (EDC) were outstanding against builders in Haryana, as on December 31, 2016, with Gurugram and Faridabad accounting for the bulk of the unpaid … READ FULL STORY
A Supreme Court bench headed by justice Dipak Misra, on February 27, 2017, directed real estate major Unitech, to file the list of cases pending against it before various consumer forums and the amount … READ FULL STORY
Slapping a penalty on Unitech Resorts for delaying handing over of flats, the Supreme Court on February 20, 2017, directed it to deposit 14% interest on Rs 16.55 crores, invested by 39 home buyers … READ FULL STORY
Negotiations between union minister Rajyavardhan Singh Rathore and Parsvnath Developers, regarding possession of a flat is nearing completion, a panel of lawyers told the Supreme Court on February 20, 2017. A bench headed by … READ FULL STORY
Gurgaon (which has been recently rechristened as Gurugram) is witnessing major infrastructural developments. Besides the extension of the Metro and road networks, there have been proposals to introduce a cable car system and a … READ FULL STORY
With a view to ensure the active participation of the local residents in the development of Gurugram, a ‘Residents Advisory Council’ would be constituted, the government has said. The council will advise on issues … READ FULL STORY
Nearly 9.6 million sq ft of Grade A office space was absorbed, during the July-September quarter of this year, according to a report by property consultant Colliers International. As per the survey, southern cities … READ FULL STORY
Embattled real estate firm Unitech Ltd has been directed by the Supreme Court, to deposit Rs 15 crores principal amount by September-end, to pay back investors who had bought flats in its Gurgaon project … READ FULL STORY
