SC directs Mahagun to deposit Rs 240 crore by March for plot sold by Amrapali
During the hearing, the counsel appearing for NOIDA opposed the proposal of Mahagun that it be allowed to mortgage the…
Branded plot sales up amid Covid-19 pandemic
Given the desire to own land in south India, several Bengaluru-based developers, including Sobha Ltd, Puravankara Ltd, Salarpuria Sattva Group,…
GDP Q1FY21 numbers: Real estate sector contracts 5.3% in April-June quarter due to COVID-19 onslaught
Though the contraction is deep, worse was expected, real estate experts said. India’s GDP growth numbers, released today by the…
Amrapali case: SC directs SBICap to fund Rs 625 crore for six projects
SBICap to be paid 12 percent internal rate of return, but no payment to be made for professional expertise or…
Can’t reduce interest rate for Amrapali projects: SBI Capital
Appearing before a bench of Justices Arun Mishra and U U Lalit, SBI’s counsel Harish Salve that it was not…
Affordable Rental Housing Complex accorded infrastructure status
Finance Ministry has included ‘Affordable Rental Housing Complex’ (ARHC) under Harmonised Master List of Infrastructure Sub-sectors. This will help in…
Ace Infrastructure successfully bids for 3C’s Lotus City project
Two companies came forward – Ace Infrastructure and East India Udyog Limited. Ace Infrastructure bagged the project and a letter…
UP-RERA gives Parsvnath Developers, others one-month to settle all disputes
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has given one month’s time to Suncity Hi-Tech Infrastructures, Parsvnath Developers, Krishna…