homebuyers

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    Money Laundering Case: ED Seizes Agra Properties Linked to Ansal Properties

    Lucknow, February 25 – The Enforcement Directorate has provisionally attached immovable properties, including land, valued at more than ₹598 crore in Agra, Uttar Pradesh, under the Prevention of Money Laundering Act, 2002, in connection with the case involving M/S Ansal Properties and...
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    DDA Updates Housing Scheme Pricing with New Parking Policy

    New Delhi, February 18 In a move that will provide relief to homebuyers, the Delhi Development Authority has decided to remove separate parking charges from the total flat price in its housing schemes, officials said on Wednesday.According to a recent order, the Delhi Development Authority...
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    Delhi Court Denies Bail to Jaypee Infratech MD in Money Laundering Case

    New Delhi, February 17 A Delhi court has dismissed the bail plea of former Jaypee Infratech managing director Manoj Gaur in a money-laundering case, emphasizing that the allegation against the accused is one of cheating and criminal breach of trust, involving numerous individuals.The court...
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    Homebuyers' Delays: NCLT Forms Committee to Review Jaypee Projects

    New Delhi, February 16 The National Company Law Tribunal (NCLT) has appointed a two-member committee to assess the progress of construction of projects of Jaypee Infratech, controlled by the Suraksha Group, and submit a comprehensive status report to it.The Corporate Insolvency Resolution...
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    Funding Affordable Housing: Initiatives Announced at Real Estate Conclave

    New Delhi, February 14 Union Minister Manohar Lal indicated on Saturday that a dedicated fund could be established to revive stalled housing projects approved prior to the implementation of RERA, in line with broader industry suggestions to ensure a win-win settlement for both promoters and...
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    RERA Reporting Gap: 75% of State Authorities Not Publishing Annual Reports

    New Delhi, February 13 The homebuyers' body, FPCE, said on Friday that many state real estate regulators are not fulfilling their statutory obligation to publish annual reports on a regular basis.In a statement on Friday, the Forum For People's Collective Efforts (FPCE) pointed out...
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