NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Friday declined to stay the resolution plan of Dewan Housing Finance Corporation Ltd (DHFL) and its subsequent takeover by the successful bidder Piramal Capital & Housing Finance over the plea filed by 63 Moons Technologies. A two-member bench comprising its Officiating Chairperson Justice A I […]
NOIDA | LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath on Thursday assured of looking into and resolving issues faced by homebuyers in Noida and Greater Noida, a Gautam Buddh Nagar residents’ body said. Issues pertaining to registry of houses, development of sports facilities and medical infrastructure and delay in delivery of flats, among others, were […]
NEW DELHI: The government has extended the last date to submit suggestions and objections on the draft Master Plan of Delhi 2041 to August 23, the DDA said on Thursday. Several urban planning experts and activists have been requesting to extend the date in view of the coronavirus pandemic and the voluminous nature of the […]
GHAZIABAD: A private agency has been roped in to carry out a survey of the properties of taxpayers in the city so that the correct details of the same can be recorded by the Ghaziabad Municipal Corporation (GMC) and the residents do not experience any difficulty in future. Officials said the taxpayers should provide the […]
NEW DELHI: Aditya Birla group firm UltraTech Cement Ltd on Thursday reported an over two-fold jump in its consolidated net profit to Rs 1,700 crore in the first quarter ended June 2021, helped by volume growth and increased operational efficiencies. The leading cement producer had posted a net profit of Rs 793.08 crore in the […]
NEW DELHI: The Indian real estate market is estimated to touch USD 1 trillion by 2030 driven by rising demand and various reforms in the past seven years like new realty law RERA, Housing and Urban Affairs Secretary Durga Shanker Mishra said on Wednesday. The number of people employed in the sector is also expected […]
NEW DELHI: Leasing activity across six major cities in India during the first half of 2021 dragged to a six-year low, according to a recent report by Savills India, an international real estate advisory firm. In the January-June 2021 period, office absorption in six major cities stood at approximately 10.9 million sq ft, down by […]
GREATER NOIDA: More than 3,350 allottees of flats or residential plots who are yet to get the lease deeds registered with the Greater Noida Authority, will get a last chance to claim their property. Officials said that the plots would be taken back if the defaulters fail to comply with the ultimatum within a fortnight. […]
NOIDA: Amid apprehension of a third wave of the pandemic, Noida’s entrepreneurs have flagged the need for a permanent low-cost housing solution for the city’s migrant workers. They claim that the unavailability of cheap housing and inadequate medical facilities are the two reasons why migrant workers are forced to leave the city in times of […]
CHANDIGARH: Haryana financial commissioner Sanjeev Kaushal has issued additional guidelines for registration of different floors as separate dwelling units in case of residential plots developed by the Haryana Urban Development Authority (HUDA) so that leakage can be avoided in stamp and registration duties. In this regard, Kaushal has issued a letter to all the deputy […]
NEW DELHI: Rising number of COVID-19 cases related deaths have also sparked a crucial real estate discussion on the property inheritance. You must have seen family disputes over property matters languishing in the courts for years. This is because inheritance issues in India are very complicated and a single step can ensure your amicable distribution […]
NEW DELHI: Nuvoco Vistas Corporation Ltd, part of the Nirma Group, has received capital markets regulator Sebi’s go-ahead to raise Rs 5,000 crore through an initial share sale. The Initial Public Offer (IPO) comprises fresh issue of shares worth Rs 1,500 crore and an offer for sale of Rs 3,500 crore by promoter Niyogi Enterprise, […]
