The ATS Group, which has forayed into the project management consultancy (PMC) business, said that it has bagged three stalled projects – Logix Blossom Greens, Logix Blossom County and Logix Blossom Zest in Noida, … READ FULL STORY
Delhi Development Authority (DDA) vice-chairman Tarun Kapoor, has revealed that several flats are under construction and by the next six months, about 25,000 flats would be ready. “However, not all have water connections and … READ FULL STORY
The Supreme Court, on October 9, 2018, sent three directors of the Amrapali Group to police custody, directing them to hand over all the documents of the 46 group companies to forensic auditors. A … READ FULL STORY
The Supreme Court, on September 6, 2018, allowed the Corporation Bank, which has led a consortium of banks to lend loans to the Amrapali Group, to move the National Company Law Tribunal (NCLT). A … READ FULL STORY
Coming down heavily on the Amrapali Group, the Supreme Court, on September 4, 2018, observed that it appears that a ‘big scandal is taking place in the name of real estate business’ and termed … READ FULL STORY
After facing criticism for large-scale felling of trees in housing projects in south Delhi, state-owned construction firm NBCC, on August 27, 2018, said that it has issued revised General Conditions of Contract (GCC), making … READ FULL STORY
Do not play smart, or we will render you homeless. This was the Supreme Court’s categorical warning to real estate major Amrapali Group, which is accused of delaying its projects to the detriment of … READ FULL STORY
A day after it rapped the Amrapali Group, for failing to comply with its order, a Supreme Court bench of justices Arun Mishra and UU Lalit, on August 2, 2018, asked the National Buildings … READ FULL STORY
The empowered committee, set up by the Housing and Urban Affairs Ministry, will reach out to home buyers to resolve their problems ‘at the earliest’, Union minister Hardeep Singh Puri said, on July 1, … READ FULL STORY
Union housing and urban affairs minister, Hardeep Singh Puri, on June 28, 2018, said that the agencies (NBCC and the CPWD) entrusted to executing the redevelopment of seven colonies in south Delhi, have been … READ FULL STORY
Amid a major hue and cry over the felling of around 14,000 trees, for the redevelopment of residential colonies in Delhi, the state-owned NBCC, on June 25, 2018, defended its decision, saying it would … READ FULL STORY
In its last meeting, on March 13, 2018, to discuss ways to better manage properties seized, frozen or confiscated under the Prevention of Money Laundering Act (PMLA), including those belonging to fugitive businessmen Vijay … READ FULL STORY
A Supreme Court bench, comprising justices Dipak Misra and AM Khanwilkar, on August 14, 2017, asked Supertech to deposit Rs 10 cores by September 22, 2017, in the apex court registry, while rejecting the … READ FULL STORY
