Delhi clears 6,178 EWS flats
NEW DELHI (INDIA): Delhi Urban Shelter Improvement Board today approved a proposal to construct 6,178 flats for economically weaker section (EWS) in Lajpat Nagar, Bhalaswa, Dev Nagar, Mangolpuri and Ambedkar… Read more »
Category: Regulatory
Supreme Court dismisses plea against promulgation of Enemy Property Act ordinance
NEW DELHI (INDIA): The Supreme Court on Monday declined to entertain a petition challenging the Central Government’s move to promulgate the Enemy Property Act ordinance. President Pranab Mukherjee promulgated the… Read more »
Supreme Court attaches Sahara’s Aamby Valley properties worth Rs 39,000 crore
NEW DELHI (INDIA): In yet another blow to Subrata Roy, the Supreme Court on Monday ordered attaching the company’s Aamby Valley properties in Lonavala, Maharastra which are worth 39,000 crores…. Read more »
CCI rejects complaint against Wave Megacity Centre
NEW DELHI (INDIA): The Competition Commission of India (CCI) has dismissed allegations that Noida-based Wave Megacity Centre abused its dominant position with regard to sale of flats in its residential… Read more »
Amrapali housing case: MS Dhoni’s wife likely to appear in Tis Hazari court
NEW DELHI (INDIA): Indian Cricketer Mahendra Singh Dhoni’s wife Sakshi Dhoni is likely to appear before Delhi’s Tis Hazari court in Amrapali Housing case. Sakshi was summoned by the court… Read more »
Experts have hailed note ban’s positive impact on real estate: Rao Inderjit Singh
NEW DELHI (INDIA): Brushing aside alleged reports of losses to the real estate sector during last quarter of 2016 due to demonetisation, the government of India said experts feel that the… Read more »
NCDRC asks builder to pay Rs 50000 each to 23 homebuyers
NEW DELHI (INDIA): The apex consumer commission has directed a Gujarat-based real estate firm to pay Rs 50,000 each to 23 homebuyers for the builder’s failure to execute sale deeds… Read more »
Budget 2017-18: NAREDCO welcomes provisions of finance Bill 2017
NEW DELHI (INDIA):India’s leading apex body for real estate sector, National Real Estate Development Council (NAREDCO) has welcomed the provisions of the Finance Bill 2017, under which government has proposed… Read more »
GDP growth in 2017-18 is projected at 6 ¾ to 7 ½ percent Post-demonetisation
NEW DELHI (INDIA): The Government of India says that the adverse impact of demonetisation on GDP growth will be transitional. The Economic Survey 2017 presented in Parliament today by the… Read more »
Property dispute decided after five decades with 58 parties
NEW DELHI (INDIA): One of the oldest property disputes which dragged three generations of a family to court has reached finality after nearly five decades, with a Delhi court asking… Read more »