News for 'builders'

Modi turns 72, leads a busy day as wishes pour in

Modi turns 72, leads a busy day as wishes pour in

Rediff.com17 Sep 2022

Wishing him, President Droupadi Murmu said the work for nation-building under his incomparable hardwork, dedication and creativity continue to advance.

Real Estate Bill: A good omen

Real Estate Bill: A good omen

Rediff.com16 Mar 2016

Buyers suffer because they often don't know the relevant details.

Buying a house this festive season?

Buying a house this festive season?

Rediff.com2 Nov 2021

Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.

CBI chargesheets Hooda, others in Manesar land case

CBI chargesheets Hooda, others in Manesar land case

Rediff.com2 Feb 2018

The case pertains to alleged corruption in Manesar land deals worth over Rs 1,500 crore, in which around 200 farmers were cheated.

TN govt seeks banning 'The Family Man 2' over portrayal of Eelam Tamils

TN govt seeks banning 'The Family Man 2' over portrayal of Eelam Tamils

Rediff.com24 May 2021

Claiming there were "condemnable, inappropriate and malicious contents" in the serial, Tamil Nadu IT Minister T Mano Thangaraj said the trailer released in social media was aimed at discrediting and distorting the historical struggle of the Eelam Tamils in Sri Lanka.

Pune wall collapse: 2 in police custody till July 2

Pune wall collapse: 2 in police custody till July 2

Rediff.com30 Jun 2019

Vipul Agarwal and Vivek Agarwal, the developers and partners in Alcon Landmarks, were arrested on Saturday after a portion of a 22-ft-high compound wall of a housing society collapsed on adjoining shanties of construction workers following incessant rainfall.

How the RBI's new home finance rules affect you

How the RBI's new home finance rules affect you

Rediff.com6 Jul 2020

'Real estate loans are given in the garb of retail loans, sourcing money cheap from the NHB refinance window.' 'This loophole is being plugged,' notes Tamal Bandyopadhyay.

Why home buyers may now have to tackle anti-profiteering disputes

Why home buyers may now have to tackle anti-profiteering disputes

Rediff.com18 Mar 2019

Experts said the builders will now factor in their losses arising from the removal of input tax credit when they pass on the benefits to end users while the latter may want the entire GST cut to be given to them.

So what if the situation is tough, realty will bounce back soon

So what if the situation is tough, realty will bounce back soon

Rediff.com31 Jul 2015

According to Knight Frank, in the second half of 2015, launches will be down 52 per cent (from 37,643 in the second half of 2014) to 18,000, while absorption will improve 24 per cent.

CCI pulls up 21 builders for exploiting buyers; but lets them off

CCI pulls up 21 builders for exploiting buyers; but lets them off

Rediff.com4 Feb 2015

Builders were questioned on unfair trade practices.

The Great Property Crash

The Great Property Crash

Rediff.com25 Jan 2019

'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.

Waze, Param Bir extorted huge money from bookies: Mumbai Police

Waze, Param Bir extorted huge money from bookies: Mumbai Police

Rediff.com6 Nov 2021

The Mumbai Police's crime branch had taken Waze's custody on November 1 based on the complaint filed by builder-cum-hotelier Bimal Agrawal, in which Param Bir Singh is also named as an accused.

`Builders are back, plan Rs 11,000-crore IPOs

`Builders are back, plan Rs 11,000-crore IPOs

Rediff.com29 Sep 2009

Major realty firms, including Emaar MGF and Sahara, on Tuesday approached market regulator Sebi for public offerings to raise collectively an over Rs 11,000 crore (Rs 110 billion), reflecting that sector has emerged from the worst of the global financial crisis.

7 Jobs In The Metaverse

7 Jobs In The Metaverse

Rediff.com20 Apr 2022

By 2026, around 25 per cent of the global population may spend at least an hour a day on Metaverse. This will open the doors for many businesses, the NFTs market will spread, and Web 3.0 will attract more investment.

When your home is demolished for no fault of yours...

When your home is demolished for no fault of yours...

Rediff.com1 Jan 2020

For 'a person who has dedicated his life to teaching students, guiding them to restoring monuments and preserving our built heritage, I never dreamt that my home will one day be demolished.'

NCLT orders insolvency proceedings against Supertech

NCLT orders insolvency proceedings against Supertech

Rediff.com25 Mar 2022

Real estate developer Supertech on Friday was declared bankrupt by the National Company Law Tribunal (NCLT), a move that could have a bearing on 25,000 home buyers of the firm's ongoing projects in the Delhi and NCR region. Acting on a petition filed by the Union Bank of India for non-payment of around Rs 432 crore worth dues, the bankruptcy court ordered the initiation of insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group. The NCLT said "there has been a default in payment of the financial debt" and appointed Hitesh Goyal as the Interim Resolution Professional (IRP) superseding the board of Supertech Ltd.

WhiteHat Jr founder Karan Bajaj quits

WhiteHat Jr founder Karan Bajaj quits

Rediff.com4 Aug 2021

Karan Bajaj, founder of WhiteHat Jr, on Wednesday announced his exit from the company, a year after the coding platform was acquired by edtech giant Byju's. Trupti Mukker, who was the head of customer experience and delivery, will now lead the organisation. In a post on LinkedIn, Bajaj shared the announcement of his departure from a company he founded in 2018.

Harsh reality check for India's realty developers

Harsh reality check for India's realty developers

Rediff.com15 Jan 2019

Listed realty developers saddled with unsold properties worth Rs 1 trillion

CBI books Bhupinder Singh Hooda in fresh land acquisition case

CBI books Bhupinder Singh Hooda in fresh land acquisition case

Rediff.com25 Jan 2019

The case is understood to be related to the alleged irregularities in land allotment in 2009, sources said.

SC irked by govt's reply on Abu Salem plea, calls it lecture to judiciary

SC irked by govt's reply on Abu Salem plea, calls it lecture to judiciary

Rediff.com21 Apr 2022

The Supreme Court on Thursday took strong exception of an affidavit filed by the Union home secretary on a plea by gangster Abu Salem, challenging his life imprisonment in the 1993 Mumbai blasts case, and said it is an "attempt to lecture the judiciary".

Modi and Nehru Are Similar, Yet...

Modi and Nehru Are Similar, Yet...

Rediff.com26 Jan 2022

Modi's critics will say that he has put up cement and steel structures, but weakened the institutions of governance whereas Nehru strengthened them, observes T N Ninan.

Will the new Real Estate Act be a game changer?

Will the new Real Estate Act be a game changer?

Rediff.com11 May 2016

The Act envisages that the states and Centre will formulate specific rules for real estate regulation.

SC refuses to stay Maradu flats demolition order

SC refuses to stay Maradu flats demolition order

Rediff.com30 Sep 2019

On May 8, the apex court had directed that these buildings be removed within a month as they were constructed in a notified CRZ, which was part of the tidally-influenced water body in Kerala.

Debt trap! Why builders are in a state of panic

Debt trap! Why builders are in a state of panic

Rediff.com7 Feb 2011

With equity market down and liquidity drying; listed realty companies are sell landing or trying refinance, while unlisted ones are biting their nails.

Money Matters aided 4 builders raise Rs 5,000 crore!

Money Matters aided 4 builders raise Rs 5,000 crore!

Rediff.com26 Nov 2010

Money Matters Financial Services, whose managing director and two top executives were arrested by the Central Bureau of Investigation in relation to real estate scam, did a debt syndication for at least four real estate companies to the tune of Rs 5,300 crore (Rs 53 billion) since April 2008, an analyst report said.

Ram temple: Ban on mining pink sandstone in Raj likely to be lifted

Ram temple: Ban on mining pink sandstone in Raj likely to be lifted

Rediff.com3 Feb 2021

A standing committee of the Rajasthan Wildlife Board's has cleared a proposal to allow the mining of a special sandstone, much sought after by builders including those constructing the Ram temple in Ayodhya, from Bharatpur's Bandh Baretha sanctuary.

The top 10 productivity killers at work

The top 10 productivity killers at work

Rediff.com23 Jun 2014

A new CareerBuilder survey identifies what causes workers to waste the most time at the office.

Navy commissions submarine INS Vela

Navy commissions submarine INS Vela

Rediff.com25 Nov 2021

This is the fourth of the six submarines the Indian Navy is to induct under the Kalvari-class submarine Project-75.

FULL TEXT of President Ram Nath Kovind's first speech

FULL TEXT of President Ram Nath Kovind's first speech

Rediff.com25 Jul 2017

'I bow to the 125 crore citizens of this great nation and promise to stay true to the trust they have bestowed on me.'

Builders in trouble! Rs 25,000-crore debt payment looms

Builders in trouble! Rs 25,000-crore debt payment looms

Rediff.com19 May 2010

Declining cash flows, difficult IPO environment are substantial complications.

EXCLUSIVE! The Secret Of Modi's Success

EXCLUSIVE! The Secret Of Modi's Success

Rediff.com2 Aug 2022

'In the course of my interactions with him, Modi insisted that he does not believe charisma alone can sustain people's trust for long.' 'That is why Modi consistently refers to Mahatma Gandhi to contextualise his politics.' 'He believes in taking his ideas to the masses and getting their acceptance as an index of approval.'
A revealing excerpt from Ajay Singh's The Architect of the New BJP: How Narendra Modi Transformed the Party.

Can TN's Water Woes Ever End?

Can TN's Water Woes Ever End?

Rediff.com1 Dec 2021

For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.

Now, it's advantage for home buyers

Now, it's advantage for home buyers

Rediff.com5 Sep 2013

RBI's move to link loan payment to construction progress is likely to bring down property prices.

'India is like a garden'

'India is like a garden'

Rediff.com3 Aug 2021

'...that has plants and flowers of all colours and hues in it.' 'Do you think a garden with just one plant or one type of flower will be appealing?' 'No. It will look drab, uninteresting and lustreless because a garden would be captivating only if it had many flowers of different colours.'

'Kashmiri Pandits were targeted just like others'

'Kashmiri Pandits were targeted just like others'

Rediff.com29 Mar 2022

'Use of the word 'genocide' for Kashmiri Pandits is absolutely wrong.'

Despite opposition, Pakistan re-elected to UN rights body

Despite opposition, Pakistan re-elected to UN rights body

Rediff.com14 Oct 2020

In a secret-ballot voting in the 193-member UN General Assembly on that race, Pakistan secured 169 votes.

Why Jessica Lall wants to be Los Angeles's next mayor

Why Jessica Lall wants to be Los Angeles's next mayor

Rediff.com24 Nov 2021

'We need to see more Indian Americans and people of colour hold elected office and serve in executive roles.'

Average apartment size increases 10% across 7 cities

Average apartment size increases 10% across 7 cities

Rediff.com21 Jan 2021

Average apartment size in residential projects launched in 2020 increased by 10 per cent to 1,150 sq ft, as builders expected demand for bigger flats to rise after the COVID-19 pandemic, according to property consultant Anarock. Average apartment sizes in seven major cities have risen by 10 per cent on a yearly basis to 1,150 sq ft in 2020 from 1,050 sq ft in 2019, it said in a report. The consultant said the average apartment sizes were reducing year-on-year since 2016 but the trend has reversed last year.

Don't be ashamed to carry PM pic on vax certificate: Kerala HC

Don't be ashamed to carry PM pic on vax certificate: Kerala HC

Rediff.com21 Dec 2021

The court also said that the "frivolous contentions" by the petitioner objecting to the PM's photo and his "morale boosting message" on the vaccination certificate, was "not expected from a citizen of the country".

Risky real estate business to get a clean makeover

Risky real estate business to get a clean makeover

Rediff.com16 Jan 2015

Land aggregators now want to sell to large corporations because their payment is guaranteed.