The National Company Law Appellate Tribunal (NCLAT) has held that any insolvency process initiated by a flat buyer or financial institution would be confined to the project concerned only and cause zero impacts on other projects of the developers. “In Read more…
Bringing much respite to the commercial real estate developers, the Reserve Bank of India has recently announced its decision to extend date of commencement of commercial operations (DCCO) of project loans for commercial real estate, by one year without downgrading Read more…
The Karnataka Real Estate Regulatory Authorities have come up with a conciliation cell to facilitate the resolutions of disputes between builders and buyers, registered under the Real Estate (Regulation and Development) Act (RERA). This alternate dispute resolution mechanism is supposed Read more…
UltraTech Cement which is the leading cement maker in the country recently posted a 48.63% rise in standalone net profit for Q3FY20 at Rs 643.15 crore compared with Rs 432.70 crore in the same quarter last year. This indicates result Read more…
Bangalore is home to many lavish and ultra luxury villas, row houses & villaments that will make a perfect place for your and your family’s living and retirement. Ranging from 3 BHK to 6 BHK, you will find many variants Read more…
Union finance minister Nirmala Sitharaman on 6 Nov ’19 announced that the govt. is going to provide a Rs 25,000 crore bailout fund for debt financing of over 1,600 stalled projects in the middle income and affordable housing sector. The Read more…
If you are really concerned about the security of your home, a proper inspection of the roof of your house is inevitable. The roof demands the most attention as it is a significant structure of the house, protecting you from Read more…
Arjun and Sneha have recently purchased a flat. Doing the biggest investment of their life, they seem to be very happy about their purchase but they have no clue about what’s coming to them. This couple purchased a property but Read more…
Projects less than 500 sq metre area to be included under RERA? Mumbai Grahak Panchayat (MGP) has made it mandatory for the projects built within 500 metre having more than 8 apartments to be included under RERA. Earlier when projects Read more…
The deal to merge Indiabulls Housing Finance (IBHF) and Lakshmi Vilas Bank (LVB) hangs in balance as RBI which received the proposal around 4 months ago hasn’t reached to any decision. While one of the financial service regulators has given Read more…