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Stalled Projects: Developers Of Stalled Projects To Be Apprised Of Recalculated Dues This Wk | Noida News

Noida: The Noida and Greater Noida Authorities will meet defaulting builders of stalled projects this week to apprise them of recalculated dues and dr. ....

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MC Explains | How over 2 lakh homebuyers benefit from UP nod to Kant panel suggestions

Experts say that the zero period waiver on interest and penalties imposed on developers for financial defaults is also a positive development for various stakeholders in the NCR real estate sector. ....

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With India's new rules, home buyers will get much-needed relief and assurance

Amid rising real estate prices, concerns loom for home buyers fearing builder bankruptcy and legal woes, reminiscent of cases like Jaypee, Amrapali, and others. The insolvency of a single real estate group in Noida, Jaypee, has left nearly 20,000 home buyers awaiting the delivery of their homes. However, the Insolvency and Bankruptcy Board of India plans vital amendments to aid stuck home buyers and reassure new ones. ....

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Co-Developer Policy: Co-developer policy to inject funds for stalled projects soon in Noida | Noida News

A co-developer policy, the key component of the proposed rehabilitation package for stalled real estate projects in Noida, is likely to be announced soon. The policy aims to inject funds and allow new companies to take over and complete stalled yet economically viable projects. It is expected to benefit homebuyers, the authority, and the government. ....

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UP govt may announce rehabilitation package for stuck real estate projects next week

The package would include reschedulement and zero-period policies to waive interest and penalties imposed for financial default, among others to enable the completion of stalled projects ....

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