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BJP national vice president Gopal Krishna Agarwal on Sunday unveiled the White Paper on Homebuyers Issues in Gautam Buddh Nagar (Uttar Pradesh) during a programme in Greater Noida West in presence of scores of aggrieved investors. He called for resolution of the long-pending issues of homebuyers, emphasizing the action as suggested in the white paper would come from both the Centre as well as the Uttar Pradesh government.

Following the boom in the real estate sector amid the gloom on the employment front in the IT sector, the stressed assets pegged to be worth more than Rs 1,000 crores in Bengaluru are getting attention.

Following the boom in the real estate sector amid the gloom on the employment front in the IT sector, the stressed assets pegged to be worth more than Rs 1,000 crores in Bengaluru are getting attention.With the investment ecosystem becoming ...

The latest data shows that delays in completing real estate projects have somewhat declined

The project with nearly 600 homebuyers was earlier being developed by Ashapura Housing and was financially supported by an alternate investment fund.

Kochra Realty, a real estate developer, has taken over a Rs 700-crore stalled residential project in Mumbais Dahisar suburb. The company plans to revive the project and aims to deliver it by early 2025. Kochra Realty will deliver 384 apartments by the end of this year, with the remaining units to be completed by early 2025.

India’s infrastructure investment format is evolving with a policy push backed by sovereign share of investment as well as global investors lining up to put their money in. But the requirements are huge and the focus needs to remain on bonds, equity and institutional frameworks

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The committee was set up in March by the Union Housing to look into stalled real estate projects and recommend ways to complete them

"The RBI representative present in the meeting has assured that the banking regulator will consider the special dispensation, and they are considering it. Its likely to inform (the panel) about its decision soon," he added.