After laying the foundation stone of Light House Projects (LHPs) under Global Housing Technology Challenge-India on January 01 via video conferencing, Prime Minister Narendra Modi said theses six projects will give a new direction to Country.
Economic Offences Wing (EOW) of Delhi Police has arrested accused Aniel Kumar Saha, Aunirban Saha and Ashok Kumar Sirohi for duping more than 20 innocent buyers to the tune of Rs 20 crore.
Business conglomerate Shapoorji Pallonji's mid-income housing platform Joyville on Tuesday announced development of a new housing project in Pune, comprising over 1,100 flats, as part of its strategy to expand presence in major property markets.
Real estate development company Sunteck Realty on Tuesday it has acquired around approx 50-acre land parcel in Vasind, Thane near Mumbai to develop a residential project. Sunteck Realty said the project will have a revenue potential of Rs 1,250 crore spanning over next 4-5 years.
Already under scanner in the controversial gold smuggling racket, Chief Minister Pinarayi Vijayan was in for another shock on Wednesday when the agreement between a charitable organisation in the UAE and Life Mission -- the flagship project of the Vijayan government, surfaced in the media.
Realty firm Supertech on Sunday said it has sought Rs 1,500 crore from the government's newly created stress fund to complete its 12 ongoing housing projects at Noida and Greater Noida in Uttar Pradesh.
Demand in the real estate sector plunged in the second half of 2019 as housing sales fell around 22 per cent in July-December compared to the total sales first six months, a report by Anarock Property Consultants said on Wednesday.
Realty firm Puravankara Ltd will invest around Rs 850 crore over the next four years to develop three ultra luxury residential projects in Bengaluru, Chennai and Mumbai.
In a much-awaited relief for distressed homebuyers awaiting possession of their flats, the Centre committed up to Rs 10,000 crore for completing housing projects stuck for years.
Real estate developers welcomed the government's move to create a Rs 25,000-crore fund to help complete over 1,600 stalled housing projects, saying it will solve the long-pending problem of homebuyers.
Cabinet approves establishment of 'Special Window' to provide priority debt financing for completion of stalled housing projects in the affordable and middle-income housing sector
The Modi government on Wednesday announced Rs 25,000 crore fund for stalled real estate projects, out of which Rs 10,000 will be infused by the government.
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