About 25-30% of total units launched are unsold across country.
The Supreme Court asked the Centre and the RBI on Monday to place on record the K V Kamath committee recommendations on debt restructuring in view of Covid-19 related stress on various sectors as well as the notifications and circulars issued so far on loan moratorium.
The Sena workers a cut seven kilogram cake and also played music on the occasion. The Hindu Sena called Trump the 'saviour of humanity' and the 'messiah against Islamic terror'. They also observed a minute's silence for Orlando victims.
Dalhousie square has close to 55 historic landmarks.
Around 576,000 housing units, worth Rs 4.64 trillion, are delayed in seven major cities of the country
Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).
The Bombay high court on Tuesday dismissed a discharge plea made by real estate developer Vinod Asrani alias Vinod Chembur, an accused in the murder of journalist Jyotirmoy Dey, after observing that there was prima facie evidence against him.
Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the others as their executors. But now family patriarch Srichand Hinduja, 84, and his daughter Vinoo want the letter to be declared of "no legal effect" and the family's assets be separated as per his wish of 2016.
A real estate developer, one of the accused held in the 2011 senior journalist Jyotirmoy Dey murder case and who was suspected to be a close aide of underworld don Chhota Rajan, died at a private hospital on Friday following liver failure, police said.
The association demanded that the interest rates for developers as well as home buyers should be brought down to boost realty sector, which is facing a slowdown in demand.
As ferry services increase and remote working becomes the norm, the rural beach town has turned into a sought-after refuge for city slickers from Mumbai and Pune.
The family that used to make the legendary sports car wants to bring the same design panache to luxury flats.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
A trust deficit had been building between developers and their customers, with massive incidence of project delays and deviations. Compliance with Rera is an opportunity to revive buyers' confidence.
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
Over two months after 74 people were killed in a building collapse, the police on Monday filed a charge sheet against 27 accused, which included real estate developers, civic officials and a local corporator.
'It seems to be a bit of an aberration. It should be set right; there is a proper mechanism in place. In the normal course, the state police do not have any jurisdiction on central government employees,' the official said.
Whether it is DLF in the National Capital Region, or Godrej Properties and Oberoi Realty in Mumbai or Sunteck Realty, Prestige Estates and Sobha Realty in Bengaluru, most top players have launched or lined up a slew of new project launches during this season.
Insolvency and Bankruptcy Code bound stocks have witnessed a steep fall in 2018.
Experts attribute this to new launches in anticipation of a demand revival after the 2014 general elections.
The scope of the certification is focused on 'The Development of Commercial and Residential Complexes'.
To give impetus to the real estate sector, Goyal proposed to extend the period of exemption from levy of tax on notional rent on unsold inventories from one year to two years.
A total 95 deaths deaths were reported since Friday morning, of which 37 in Maharashtra, 24 in Gujarat, nine in West Bengal, seven in Madhya Pradesh, four each from Rajasthan and Uttar Pradesh, three from Andhra Pradesh and Tamil Nadu and two from Delhi and one each from Punjab and Haryana.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
The former Alaskan governor said, "I'm proud to endorse Donald J Trump for president."
Flight of high-paying banking jobs to other European cities will hurt the prospects of Indian real estate developers and desis in the hospitality business in the UK, says Kunal Bose.
China has shut down more than 100 privately-run news websites since May this year, defending the move as part of a campaign against extortionists, but critics alleged that it was a crackdown on citizen journalists.
Mid-segment residential units continued to remain favourite amongst developers with a two-third share in total launches.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
Gupta also said that Prime Minister Narendra Modi 'disappointed' him by recently claiming at the first World Sufi Forum that Islam has no connection with terrorism
The Supreme Court on Monday refused to entertain a PIL seeking a probe by the Central Bureau of Investigation into licences granted to several real estate developers, including the one with which Robert Vadra is associated, for developing colonies in Haryana.
Its proximity to popular tourist destinations like Agra, which attracts 45 per cent of the international passenger traffic at IGI, could be diverted to Jewar.
This is one of the rare orders by Sebi that bars a bluechip and its top promoter/executives from market.
India Inc expects the RBI to cut interest rates by early next year.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
Realty players want single window clearance for all affordable projects, reports Karan Choudhury.
A suspicious low-altitude drone flying in the restricted airspace of the Chinese capital that sparked a major security alert and delayed a number of commercial flights, was shot down by the People's Liberation Army military helicopter, state-media reported one year after the incident.
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
The bench, headed by Justice Patil, however, allowed a significant leeway for the developers in the judgment by permitting the state-level RERA Authority and the Appellate Tribunal to consider delays on a case-to-case basis, and not to cancel such projects or developers' registration in cases where the delay was caused due to "exceptional and compelling circumstances."
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