The committee of lenders (COC) of LancoInfratech (LIPL) determined to are searching for an extension of time from National Company Law Tribunal (NCLT) to complete the continuing insolvency decision process as the lenders need to have a full clarity on feasible situations of decision. “The COC had held a meeting on Monday and determined to … Continue reading “Lanco lenders to searching for time extension to complete insolvency process”
Realty major DLF sold housing properties worth of about Rs 300 crore in Gurgaon in November when it reopened sales after five months of suspension.
Scam of estimate Rs. 300 crore in Madhya Pradesh to help builders dodging RERA laws. Scam caught because awared consumers file complaint against builder in RERA.
Supplementary housing projects which were earlier exempted from Tamil Nadu Real Estate Regulation and Development Act (TNRERA) are now on a tracking system. Reason being housing projects that are less than 8 (apartments) units need not be registered with the realty regulator, home lenders demand the developers have the real estate regulator’s tag to facilitate … Continue reading “Supplementary Housing Ventures to be on tracking system of TNRERA”
Having its own fast growth and real estate charm, Noida deserve a separate analysis of RERA registration requirement stating related State Regulations, which is as under;
Before the RERA, Real Estate Agents were not required to get their business registered and thus resulted into many manipulation and fraudulent activities
As per the information, The draft rules of the Haryana Real Estate Regulatory Authority (H-RERA) are set to come into effect from July 1. The town and country planning (TCP) department will soon submit a report on the draft rules to the government for them to be notified.
Builders are already saddled with under construction projects and will face tough times in bringing them under RERA, complying with new norms, arranging funds that they would have already diverted and then completing those within the new agreed time period.