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July 11, 2023
The Supreme Court Arguing Counsel Association on Tuesday opposed the new mentioning procedure and wrote to Chief Justice of India D.Y. Chandrachud seeking that the court revert to the old system.In a letter to the CJI on Monday, the Association ...
July 11, 2023
Any such regulatory relief from RBI could also enable banks to disburse the remaining amount of sanctioned loans-which wasnt released earlier after the construction of the flats got stuck-without asset quality dilution
July 5, 2023
Stuck home projects in India: In 2019, the Centre had set up the SWAMIH fund to facilitate the completion of stalled housing projects
June 13, 2023
Housing Projects: The union ministry of housing & urban affairs (MoHUA) has directed chief secretaries of all states and Union Territories to provide the requisite information on stalled projects in their respective jurisdictions.
June 9, 2023
Indias government is considering altering the Insolvency and Bankruptcy Code to allow ‘customised resolutions’ for insolvent residential real estate projects, according to the Economic Times.
June 9, 2023
The real estate regulator has recommended several measures, including cancelling land allotments, to help over 1.65 lakh buyers. If implemented, the recommendations can resolve more than 70 percent of cases, UP-RERA Chairman Rajive Kumar tells Moneycontrol.
May 8, 2023
In the ad hoc world of policy-making on real estate and construction norms are evolved by those who suffer from the lack of it rather than from detailed studies executed before policies are laid out
March 5, 2023
SWAMIH or Special Window for Affordable and Mid-Income Housing investment fund has so far provided approval to about 130 projects with sanctions worth over Rs 12,000 crore, and in three years since inception in 2019, it has already completed 20,557 homes and aims to complete over 81,000 homes in the next three years across 30 tier 1 and 2 cities.
February 10, 2023
Sources within MahaRERA shared that as part of the initial attempt to revive the lapsed projects, details of 624 projects will be shared with Self Regulatory Organisations. It includes 309 projects from Mumbai, Thane, Palghar and Raigad.
December 20, 2022
A total of 344 corporate debtors (CDs) engaged in construction and real estate activities in Delhi have been admitted into Corporate Insolvency Resolution Process (CIRP) by the end of September 2022, the Parliament was told on Monday.