Builders
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UP RERA's new IFMS rules prescribe project-wise rates: Here's what homebuyers need to know
Personal Finance | Aug 20, 2026, 11:17 AM ISTPromoters must now collect the IFMS amount from allottees at the time of registering sale, lease, or sub-lease deeds and deposit the full amount in a separate designated bank account with a scheduled bank.
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Good news for Noida homebuyers: Flat registration mandatory after 10% payment, check guidelines
Business | Oct 28, 2024, 05:22 PM ISTGood news for Boida homebuyers: The new guidelines from Noida Authority will close loopholes that have previously allowed developers to sell the same unit multiple times or to withdraw from a sale for delayed payments.
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UP RERA takes stern action aginst defaulter developers, to auction properties on May 29
Business | May 11, 2023, 12:54 PM ISTIn the first phase, 38 flats and shops are likely to be auctioned on May 29.
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Noida: Two builders' offices, societies' clubs sealed over non-functional sewage treatment plants
India | Sep 20, 2021, 11:30 PM ISTThe Authority said it had started an inquiry to find out if all housing societies in the city, adjoining Delhi, had their sewage treatment plants (STPs) functional or not.
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Noida admin attaches flats, villas worth more than Rs 344 cr over dues on builders
India | Jun 30, 2021, 07:26 PM ISTThe Gautam Buddh Nagar administration Wednesday attached flats, villas and land plots worth Rs 344.23 crore over the non-payment of dues by 32 real estate developers, according to an official order.
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Builders get extension to complete pending projects in Noida till December 2021
India | Aug 19, 2020, 07:18 AM ISTThe Noida Authority on Tuesday extended the deadline for over a dozen builders to complete the pending projects here by December 31, 2021 under its 'zero period' policy, an official statement said.
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Rs 10 crore penalty on 3 Gurgaon builders: NGT refuses to review order
India | Jul 16, 2019, 06:37 PM ISTThe National Green Tribunal on Tuesday refused to review its order imposing an interim penalty of Rs 10 crore on three builders in Gurgaon for violation of environmental norms and damaging the environment.
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Noida: Rogue builders among 21 booked under UP Gangsters Act, properties attached
India | Oct 04, 2018, 10:21 AM ISTEarth Iconic Infrastructure Pvt Ltd, a building firm in Noida, has cases of fraud and cheating and related offences against it registered under the Indian Penal Code.
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Noida Crime Branch arrests Vice President of builder's group for duping buyers
India | Aug 06, 2018, 08:06 AM ISTThe Crime Branch of the Gautam Buddh Nagar police arrested Amit Satija, vice president, Earth Iconic Infrastructure Private Limited, located in Sector 16 here, this evening, police said.
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Don't charge GST from affordable housing buyers: Govt to builders
India | Feb 07, 2018, 05:54 PM ISTIt said builders can levy GST on buyers of affordable housing projects only if they reduce the apartment prices after factoring in the credit claimed on inputs.
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Yogi Adityanath warns builders of 'harsh decisions' if flats to 1.5 lakh buyers not delivered on time
National | Jul 23, 2017, 11:37 PM ISTUP Chief Minister Yogi Adityanath on Sunday warned builders to deliver flats to 1.5 lakh buyers on time or face action.
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After targeting jewellers, I-T dept now conducts countrywide survey on builders
Nov 19, 2016, 01:17 PM ISTIncome Tax dept has launched a countrywide 'survey' on leading builders after intelligence reports indicated that some of them were accepting banned Rs 500 and Rs 1,000 notes to be “adjusted“ in fresh property deals, an Economics Times report said
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IT dept surveys real estate firms including Amrapali in Delhi-NCR to check illegal profiteering, tax evasion
Nov 16, 2016, 10:08 PM ISTFollowing reports of alleged profiteering and tax evasion, the Income Tax department today surveyed some real estate players in the national capital region, including Amrapali, following central government’s recent demonetisation move. Officials said
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Builders to pay 10.9 pc interest to buyers for delay in project
India | Nov 01, 2016, 01:13 PM ISTthe Centre government on Monday notified rules to implement the Real Estate Regulation Act (RERA), including one which compels builders to pay 10.9 per cent interest to buyers for any delay in handing over apartments.
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Govt set to make mandatory for builders to pay 12% interest for delayed projects
Oct 30, 2016, 08:03 AM ISTGovt set to make mandatory for builders to pay 12% interest for delayed projects
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Builders can be arrested if they fail to deliver flats to buyers on time, rules National Consumer Commission
Oct 13, 2016, 11:06 AM ISTComing down heavily on real estate firms, the National Consumer Commission (NCC) has said that builders can be arrested if they fail to deliver the projects to buyers on time.
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Landslide buries about 35 builders in southeast China
World | May 08, 2016, 12:19 PM ISTBeijing: A landslide in southeast China on Sunday buried about 35 workers at the construction site of a hydropower project, and rescuers later pulled out five people alive, officials and state-run media reported. Rocks
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You aren't holy cows, don't arm-twist buyers: Delhi court warns builders
India | Feb 10, 2016, 12:02 AM ISTNew Delhi: Builders cannot demand hidden charges which are not part of their contract with buyers and are liable to pay compensation for delaying delivery of property, a Delhi court has said, observing that they
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Builders to pay Rs 50k fine for dumping on road, says NGT
Dec 11, 2015, 09:02 PM ISTNew Delhi: Builders who dump construction material on roads will have to pay a fine of Rs 50,000, the National Green Tribunal (NGT) said today.The green panel also noted that waste burning in open is a very
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Farmers, builders can now be partners for integrated townships: GDA VC
India | Sep 21, 2014, 06:48 AM ISTGhaziabad: Ghaziabad Development Authority's proposal suggesting partnership between farmers and builders for integrated townships has got the state government's approval, its chairman Santosh Kumar Yadav said yesterday. “GDA had sent one proposal to the state