Page 5 - Delayed Projects News Today

There are pending issues over buyers’ unpaid dues and the utilisation of unused floor area ratio

Dublin, May 22, 2023 (GLOBE NEWSWIRE) -- The "IT Asset Disposition (ITAD): Global Strategic Business Report" report has been added to ...

Developers say they had paid the premiums upfront during the 50 percent waiver on charges announced by the state government in 2021; projects were delayed due to various reasons that were not in the hands of the developers.

The allotments to builders who have not even started work on the plot, while the time to complete the project has passed, and are also not clearing their dues, will be cancelled.

Single window will be created in Mumbai for self-redevelopment, and applications will be processed within three months. Meanwhile, NAREDCO Maharashtra has welcomed the move by the govt.

CREDAI has said that whenever a project is delayed either due to faulty land acquisition by the authorities or encroachment of land, the developer is held responsible and homebuyers suffer, while no accountability is fixed on the state development authorities.

The conference will also deliberate why real estate cases are being filed with consumer commissions even though separate authorities such as RERA are specifically assigned to deal with the housing sector

The microsite identifies the current status of stalled construction projects across six major cities in India, the complaints, expert opinions, and testimonials of dissatisfied homebuyers

At least seven new developers plan to enter the Northern Virginia data center market in the next several years.

A total of 438 projects in the infrastructure sector, worth more than Rs 150 crore have been affected by cost overruns totalling Rs 4.34 lakh crores