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Taloja project fraud: Builder Lalit Tekchandani remanded to ED custody
Mumbai builder Lalit Tekchandani remanded to ED custody till March 26 for allegedly duping 1,700 flat buyers in Taloja, Navi Mumbai of ₹423 crore.
Updated on Mar 19, 2024 08:34 AM IST
Noida to lift ban on registration of apartments in sports city project
Noida authority had banned sub-lease (registry) of plot or flat sale in Sector 150 because the comptroller and auditor general of India had started the probe
Updated on Feb 28, 2024 05:12 AM IST
Brigade Group to develop ₹2,100 cr housing project in North Bengaluru
The housing project, spanning 14 acres, is expected to yield a revenue realisation of ₹2,100 crore on completion.
Published on Nov 17, 2023 04:51 PM IST
Karnataka govt to give 2.32 lakh houses to beneficiaries in major housing scheme
Karnataka government will provide 2.32 lakh houses to beneficiaries, bearing costs of roughly ₹8000 crore, housing minister Zameer Ahmed Khan said.
Published on Nov 04, 2023 04:15 PM IST
KHB to build Integrated Township near Kempegowda International Airport
The Karnataka Housing Board (KHB) is set to build an integrated township near Kempegowda International Airport.
Published on Oct 05, 2023 02:20 PM IST
ANI | | Posted by Yamini C S
‘Second Inning’—LDA’s housing solution for senior citizens
“Flats will be given to senior citizens aged 60 years and above on lease. They will not be able to sell them,” said LDA vice-chairman Indramani Tripathi on Monday.
Updated on Aug 22, 2023 01:00 AM IST
HT Correspondent, Lucknow
DTCP issues notice to Mahira realtors for Sector 68 project delay in Gurugram
The developer has also been asked to submit a roadmap for the completion of the project and submit revalidated bank guarantees on account of external development charges (EDC) and internal development works. It also asked the developer to clear all pending EDC dues
Updated on Jun 29, 2023 11:21 PM IST
LG Sinha for timely completion of PM package employees’ transit accommodation in Srinagar
Jammu & Kashmir LG Manoj Sinha on Sunday urged officers for timely completion of a mega housing project comprising 936 residential units for PM package employees at Zewan in Srinagar
Updated on May 14, 2023 10:44 PM IST
HT Correspondent, Srinagar
Hiranandani Group to invest ₹1,000 cr to develop new housing project in Mumbai
Hiranandani Group to invest ₹1,000 crore to develop new housing project in Mumbai
Published on Apr 13, 2023 01:47 PM IST
PTI | | Posted by Yagya Sharma
ATS land allotment case: HC directs Noida authority to file counter affidavit
ATS Homes has filed a writ against Noida Authority, seeking additional time to develop a housing project and block the cancellation of allotment. ATS has alleged that it has yet to receive 109,723.25 square metres of land in Noida's Sector 152. The authority had cancelled the allotment on the grounds that the project was not developed within the stipulated timeframe. The Noida authority will file a counter affidavit in response to the writ petition. The court has allowed ATS to proceed with the project, subject to final outcome of the writ petition.
Updated on Apr 10, 2023 12:20 AM IST
Housing prices spike in 8 cities; Delhi-NCR tops list
According to the study released by industry body Credai, average housing prices across the country rose 4%, while the number in Delhi-NCR was nearly triple, at 11.3%. Prices in Bengaluru and Mumbai Metropolitan Region (MMR) increased only 1%.
Updated on May 26, 2022 09:43 PM IST
Tata Housing to invest ₹600 crores in upcoming Noida project
The project, Eureka Park Phase 2, will come up in Sector 150 of Noida and will offer 3bhk flats to address the rising demand.
Published on Nov 17, 2021 10:12 PM IST
PTI | , Noida
SC fixes Oct 31 deadline for Amrapali defaulters to pay up or lose allotment
The order came on a note submitted by the Receiver, senior advocate R Venkatramani who gave a slew of recommendations as part of efforts to implement the July 23 order and expedite completion of the Amrapali housing projects.
Published on Sep 21, 2020 11:07 PM IST
Hindustan Times, New Delhi |
Abraham Thomas
Question hour: 87 cases pending under Section 118 of HP Land Tenancy Act
Jawalamukhi MLA Ramesh Dhawala had asked whether land purchasing procedure had been simplified for establishing industries and how many cases had been accepted under Section 118
Updated on Sep 16, 2020 12:37 AM IST
Hindustan Times/Shimla | , Shimla
HT CorrespondentSC asks Centre to arrange funds for stalled Amrapali projects
A bench of Justices Arun Mishra and UU Lalit told Solicitor General Tushar Mehta that if no positive response is given by Wednesday, the court will be forced to pass orders in the exercise of its powers under Article 142 of the Constitution.
Updated on Aug 13, 2020 11:30 PM IST
Hindustan Times, New Delhi |
Abraham Thomas
‘Lax environmental norms during recession could lead to industries bypassing environmental safeguards’
On March 23, the Union Ministry of Environment, Forest and Climate Change (MoEFCC) had issued draft EIA notification 2020, which is expected to bring major changes in the way infrastructure projects such as industries, mines, large townships are granted environmental clearance and regulated.
Updated on May 08, 2020 11:15 AM IST
Hindustan Times, New Delhi |
Jayashree Nandi
Builders urge UP-Rera to extend dates to register housing projects, postpone coercive action
Builders said even after the government announced the lockdown, the old orders issued by UP-Rera are being implemented, thereby creating problems for respective builders.
Updated on Apr 07, 2020 09:32 AM IST
Noida, Hindustan Times | Vinod Rajput, Noida
‘Affordable housing can be green too’
Linking sustainability with quality rather than pricing can create opportunities for upcoming housing projects, especially since India’s socio-economic milieu warrants different perceptions of affordability.
Updated on Feb 25, 2020 01:57 PM IST
Over 50% of 1000 housing projects in 7 big cities are high rises: Report
The Delhi-NCR market came next with nearly 70 per cent of its total launched projects in the high-rise category. Bengaluru clocked in with 45 per cent of the total projects launched in 2019 towering above G+20 floors, followed by Pune with 41 per cent share.
Updated on Jan 19, 2020 01:51 PM IST
New Delhi |
Press Trust of India
In new scheme, SBI offers to refund home loan borrowers if builder delays project
If builders fail to finish a project within the deadline, SBI will refund the entire principal amount paid to the developer. The new scheme is expected to boost the real estate sector in India.
Updated on Jan 09, 2020 05:39 PM IST
Hindustan Times, New Delhi | HT Correspondent
NBCC begins work at Amrapali’s Sapphire-I project
NOIDA: State-owned NBCC (India) Ltd has started the remaining work at Amrapali’s seven housing projects in Noida and Greater Noida, the Supreme Court-appointed receiver said. To begin with, the construction firm on Wednesday started mobilising workforce for Amrapali Sapphire-I located in Noida’s Sector 45 to complete the work on some necessary facilities such as firefighting system, lifts, and final paint work, a move that will offer relief to about 1,000 families living in the society.
Updated on Jan 09, 2020 05:39 PM IST
Hindustan Times, Noida | Vinod Rajput
Local bodies department approves setting up of cow shelter in Noorpur Bet of Ludhiana
Department also gives nod to establishing four dog pounds, one each in four MC zones, and approves rates fixed for slaughterhouse; civic body’s General House had passed proposals last September
Published on Jan 08, 2020 10:32 PM IST
Hindustan Times, Ludhiana | , Ludhiana
Harsimran Singh BatraMRG World’s new affordable housing project in Gurugram to offer flats for ₹23-27 lakh
The project, named ‘Ultimus’, will come up at Sector 90, Gurugram, and will be spread across 5 acres of land, the builder said in a statement. Read on to know more...
Updated on Dec 30, 2019 02:29 PM IST
Hindustan Times, New Delhi | HT Correspondent
Govt’s ₹25,000-crore fund for real estate projects gets 400 applications so far: Report
Around 400 applications have already been filed for funds to be granted under alternative investment fund and the first round of disbursements may take place as early as this month itself. Read on to know more...
Updated on Dec 17, 2019 04:59 PM IST
Hindustan Times, New Delhi |
HT Correspondent
Builders explore eligibility options to avail of stress fund after interest waiver by UP govt
At least 25 housing projects in Noida and Greater Noida, including those of Logix, Supertech, Valuent, AIMS Max Gardenia and Antriksh, among others, are already (without seeking any interest waiver) eligible to get the last mile funding.
Updated on Dec 16, 2019 05:51 PM IST
Hindustan Times, Greater Noida | Vinod Rajput
Piramal Group, IIFL Wealth join hands for ₹2,000 crore fund for stalled realty projects
It is increasingly becoming popular as an option for developers that have exhausted other funding options towards the closing phase of a project that is already underway.
Updated on Dec 11, 2019 05:39 PM IST
Hindustan Times, New Delhi |
HT Correspondent
Government’s real estate fund for stalled housing projects raises ₹10,530 crore in first round
Union Finance Minister Nirmala Sitharaman on November 6, 2019, announced that the Cabinet has cleared a proposal to set up an alternative investment fund to provide priority debt financing for the completion of stalled housing projects.
Updated on Dec 11, 2019 04:46 PM IST
Hindustan Times, New Delhi | HT Correspondent
Unitech homebuyers seek a refund from developer: Rera
Unitech had planned housing projects in Noida’s sectors 96, 97, 98, 113, and 117. Most of these sites have become an eyesore with rusted iron grills and dilapidated civil structure for the past several years.
Updated on Dec 10, 2019 05:48 AM IST
Hindustan Times, New Delhi | HT Correspondent
I want to assure homebuyers, says Nirmala Sitharaman on govt’s real estate push
On November 6, Sitharaman had announced a plan to set up a ₹25,000 crore alternative investment fund (AIF) to revive 1,600 housing projects and 458,000 housing units that are stalled to provide relief to distressed homebuyers and boost sentiments in the ailing realty sector.
Updated on Dec 10, 2019 07:34 PM IST
Hindustan Times, New Delhi |
HT Correspondent
Explainer: How zero-period policy will help real estate sector in Noida, Greater Noida
Yogi Adityanath government has reintroduced the zero-period policy in order to deal with stalled real estate projects in the area. Read on to know what exactly ‘Zero-period’ policy is...
Updated on Dec 04, 2019 03:31 PM IST
Hindustan Times, New Delhi | HT Correspondent