Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
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'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'
The suburban location of Mumbai's Goregaon registered the biggest decline in average weighted basic sale price at 20 per cent.
India are hosting a motorsport event of this magnitude for the first time since the 2013 Formula 1 Indian Grand Prix, which was dropped from the calendar due to financial, taxation and bureaucratic issues.
The national capital has been witnessing an incessant spell of light to moderate rain for the past two days.
Real estate companies are now going to the other extreme and falling over each other to offer affordable housing at a price range of Rs 500,000 to Rs 50 lakhs (Rs 5 million). The varied pricing is a function of affordability being a relative term, depending on the location. For instance, a Rs 50- lakh (Rs 5-million) apartment in Mumbai is considered affordable housing. In a city like Nagpur, the same price will qualify for premium housing.
Mumbai metropolitan region, comprising Mumbai city, Navi Mumbai and Thane, leads the pack (in delayed projects) with 210,000 units at an approximate valuation of Rs 2.34 trillion.
Make sure that the person you are buying the plot from is the rightful owner.
The city's Air Quality Index (AQI) stood at 420 at 8 am on Thursday, compared to 426 at 4 pm on Wednesday. The AQI map prepared by the Central Pollution Control Board showed clusters of red dots (indicating hazardous air quality) spread across the Indo-Gangetic plains.
After launching expressway projects worth almost Rs 1 trillion, the Uttar Pradesh government is now betting big on the aviation sector to propel the state's economic growth. Air travel, comprising both business and leisure, is expected to give a fillip to the socioeconomic landscape by attracting fresh investment. It would also ramp up infrastructure and create jobs.
In a trend that has taken off in a significant way, more and more developers are launching independent floors with lawns and basement/roof terraces in gated communities, to attract buyers, who otherwise opt for builder floors prevalent in the unorganised real estate sector.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
Many likely to be in trouble if restive consumers also petition the courts.
Uttar Pradesh Congress Legislature Party leader Pradeep Mathur has shot off a letter to Congress president Sonia Gandhi seeking her intervention. Sharat Pradhan reports from Lucknow
Amid a spike in pollution levels in Delhi-NCR, the Supreme Court on Tuesday directed Punjab, Haryana, Uttar Pradesh and Rajasthan to ensure crop residue burning was stopped "forthwith", saying it cannot let "people die" due to pollution.
Officials said protests took place at 17 places across the state, including Ballia, Aligarh, Gautam Buddh Nagar and Varanasi.
The proposed facility would be entitled to various incentives under central and state policies.
'Congress MPs under the leadership of former Congress president Rahul Gandhi will go to Hathras today afternoon to meet the grieving family of the 19-year old-daughter of Uttar Pradesh, who was brutally assaulted & murdered,' Congress general secretary (organisation) K C Venugopal tweeted.
These cities are -- Mumbai Metropolitan Region (including Navi Mumbai & Thane), Pune, Noida (including Greater Noida & Yamuna Expressway), Gurugram (including Bhiwadi, Dharuhera & Sohna), Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad.
Suspended Noida engineer-in-chief Yadav Singh faces a CBI probe into alleged corruption on a PIL accusing him of amassing huge property disproportionate to his known sources of income.
The land transfer or subleasing would allow the Patanjali Group to set up the food processing facility and entitle it to other incentives under the central policy guidelines.
And learn what not to do from the so far jinxed Navi Mumbai International Airport.
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
Kanyakumari is the tip of India and will convey the symbol that from the tip of India, the Congress is on its way up.
According to the Graded Response Action Plan (GRAP), the air quality is considered to be in the emergency category if the PM2.5 and PM10 levels continue to be above 300 micrograms per cubic metre and 500 micrograms per cubic metre respectively for 48 hours or more.
Essel Group, Reliance Jio, Fortis and 17 others on Thursday signed initial pacts to invest over Rs 39,000 crore (Rs 390 billion) in Uttar Pradesh, with Chief Minister Akhilesh Yadav promising the investors all possible support.
E-auaction cannot totally end corruption in the system.
What are the upcoming locations and pull factors that determine housing prices in these two metros? What does this means for a buyer?
According to the Central Pollution Control Board (CPCB), the 24-hour average concentration of lung-damaging fine particles known as PM2.5 in Delhi-NCR shot up from 243 micrograms per cubic metre at 6 pm on Thursday (Diwali day) to 410 micrograms per cubic metre at 9 am on Friday, around seven times the safe limit of 60 micrograms per cubic metre.
Intense cold conditions continued unabated in the northern region disrupting transport services on Wednesday as mercury dropped by several notches and fog enveloped most parts, causing poor visibility and resulting in death of 10 people in road accidents.
Beyond announcements and optics, key projects have hardly moved under the Yogi government, reports Virendra Singh Rawat.
As real estate is about a tenth of the Indian economy, the extent of black money floating around in the sector is huge.
'Favourable treatment to selected areas has been a pattern throughout the state.'
Young, city-bred, successful, enthusiastic Indians are ditching their cars and cycling to work.
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