With regard to payment of service tax, the court clarified, the liability should be imposed on flat buyers only to the extent of the amount they have not paid. read more

A bench of justices AM Khanwilkar and Dinesh Maheshwari gave three weeks to NBCC to file its proposal in a sealed envelope. read more

The SC had on August 22 ordered status quo for a week on the insolvency proceedings after Jaypee challenged National Company Law Appellate Tribunal’s order allowing the fresh bidding for Jaypee Infratech. read more

The Supreme Court has also ordered disbursal of Rs 7.16 crore to National Buildings Construction CorporationLimited (NBCC) for completion of stalled projects of the builder. read more

The counsel also pointed out that the panel suggested by the NBCC must have a representative of homebuyers too. read more

A bench of justice G S Sistani and justice Jyoti Singh sought to know from NBCC India as to how EIA for the Nauroji Nagar project could be given based on the report of some other project. read more

In its verdict on Amrapali builders, the Supreme Court also stated that by the ‘public doctrine’ principle, all public authorities are duty bound to observe that the leased property is not “frittered away” along with the homebuyers’ money. read more

After a wait of almost 10 years, homebuyers hope that the state-owned NBCC India will finish the incomplete housing projects and deliver flats, in pursuance of the Supreme Court order. read more

The Supreme Court directed the state-run National Buildings Construction Corporation (NBCC) to complete the unfinished Amrapali housing projects in Noida and Greater Noida read more

The premier medical institute has roped in the National Buildings Constructions Corporation (NBCC India) to redevelop its Ayur Vigyan Nagar complex on August Kranti Marg to construct more flats for its staff. read more

IDBI Bank, the prime lender to JIL, which has around 18 per cent vote share is already against the bid on the ground of the resolution plan being “conditional”. read more

The remark came after the UTTIPEC counsel cited an HT report published on Monday detailing the three options under consideration to ease congestion. read more

The professor, Geetam Tiwari, had prepared the traffic assessment report of East Kidwai Nagar on the court’s direction last year. read more

The Greater Noida authority is facing a fund crisis as it has a debt of around Rs 5,000 crore to repay (to various banks and government bodies) and struggles to recover around Rs 7,000 crore from 200 defaulter builders. read more

NBCC and Suraksha Realty group-led consortium, which are in the race to acquire Jaypee Infratech, were asked by the lenders to sweeten their offers read more