Nirmala Sitharaman hands over possession to homebuyers through virtual meet
NEW DELHI: India’s Finance & Corporate Affairs Smt. Nirmala Sitharaman today handed over possession to homebuyers virtually as the Government of India’s Special Window for Affordable & Mid-Income Housing (SWAMIH) completed its first residential project. The residential project – Rivali Park, located in suburban Mumbai, was the first housing project in India to have received […]
Yogi Adityanath government did nothing in 4 years to help homebuyers: Aam Aadmi Party
NOIDA: The BJP-led Uttar Pradesh government has done nothing in four years to help home buyers who are awaiting possession of their flats in Noida and Greater Noida, the Aam Aadmi Party (AAP) here alleged on Friday. On a day the Yogi Adityanath-led government marked four years of its completion in Uttar Pradesh, the AAP’s […]
Man held for duping 250 homebuyers of Rs 29 crore
NEW DELHI: The police have arrested a man who along with his associates allegedly duped 250 homebuyers of Rs 29 crores on the pretext of getting them flats under a scheme of the Delhi Development of Authority, police said on Friday. The accused Lokesh Gidwani, a resident of Noida, had been absconding after dismissal of […]
NAREDCO Maharashtra developers give a zero stamp duty booster to homebuyers
NEW DELHI: Apex realty body announces festive bonanza to homebuyers by waiving off the stamp duty completely in the state and also on its online portal HousingforAll.com till 31st October 2020. In a move that could benefit homebuyers immensely, revive 250 industries directly and indirectly and at the same time save lakhs of jobs in […]
Release stalled loans to Amrapali Group homebuyers: Supreme Court tells banks
NEW DELHI: Coming to the rescue of thousands of hassled home buyers of Amrapali who saw loans being stalled by banks after the realty group ran into trouble, the Supreme Court on Wednesday directed all financial institutions to disburse their balance funds and restructure the amounts. The top court said that since the projects of […]
Finance Minister meets realtors, homebuyers; govt says will address issues ailing sector
NEW DELHI: The government of India on Sunday said it will soon address issues affecting the real estate sector after industry bodies and homebuyers met Finance Minister Nirmala Sitharaman to flag their concerns regarding liquidity crunch, demand slowdown and stalled projects. The finance minister on Sunday held two separate meetings — the first with the […]
Over 20,000 complaints of homebuyers resolved under RERA: Housing Minister
NEW DELHI: Over 20,000 complaints of homebuyers have been resolved till last month under the new central real estate law, the government said on Thursday. In a written reply to a question in the Lok Sabha, Union minister Hardeep Singh Puri said that in Uttar Pradesh and Maharashtra, 5,989 and 5,028 complaints of home-buyers were […]
Jaypee Infra insolvency: Homebuyers want NBCC bid to be reconsidered
NEW DELHI: Distressed homebuyers of debt-ridden Jaypee Infratech on Thursday demanded that state-owned NBCC’s bid to acquire the realty firm should be reconsidered as they do not have any faith in private companies. Representatives of nine homebuyers’ associations of Jaypee Infratech’s housing projects in Noida, Uttar Pradesh, said that Jaypee group promoters are interfering in […]