Real estate
Houses with 2,100 sq ft carpet area now eligible for interest subsidy
14 Jun 2018
The move will allow households with an annual income of up to Rs18 lakh to avail of the Rs2.3 lakh interest subsidy for a house measuring up to 2,100 sq ft
Home buyers to be treated as financial creditors
07 Jun 2018
Being treated as financial creditors would bring home buyers on par with banks and other institutional creditors as they would now have a share in the proceeds earned by sale of assets of bankrupt real estate companies
Mamata spurns RERA, passes own diluted law
04 Jun 2018
The West Bengal Housing Industry Regulation Act (HIRA) tweaks clauses relating to allocation of common space and timely delivery to buyers, to favour developers
SC allows Sahara to sell Aamby Valley in parts, sets 15 May deadline
20 Apr 2018
The apex court bench said if the Sahara group fails to sell its property by 15 May, it would proceed with the plan submitted by the Bombay HC liquidator to auction five land parcels it had identified
Jaypee promoters move SC as bids halve valuation
16 Apr 2018
Lakshadweep Pvt Ltd, a joint venture of Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Reality, is reported have bid Rs7,350 crore for Jaipee’s assets against its market valuation of around Rs16,000 crore
Auction of Unitech assets nears as SC orders public notice
10 Apr 2018
The Supreme Court on Monday took note of all the unencumbered assets of ailing real estate major Unitech Limited and ordered that a public notice be issued inviting objections for auctioning them to realise the dues of home buyers
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