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Raheja Developers to face insolvency proceedings
Publish on : 2019-08-09 12:24:51
MUMBAI: Delhi-based builder Raheja Developers is facing insolvency proceedings as the National Company Law Appellate Tribunal (NCLAT) has directed the adjudicating authority to admit the matter under Section 9 of Insolvency and Bankruptcy Code, 2016.  he appellate tribunal has set aside an earlie...
Raheja Developers to face insolvency proceedings
Publish on : 2019-08-06 11:09:09
MUMBAI: Delhi-based builder Raheja Developers is facing insolvency proceedings as the National Company Law Appellate Tribunal (NCLAT) has directed the adjudicating authority to admit the matter under Section 9 of Insolvency and Bankruptcy Code, 2016.  he appellate tribunal has set aside an earlie...
Realty hot spot series: What makes this area in Mumbai prime real estate
Publish on : 2019-07-30 17:58:09
The locality is a busy place, well-known for its shopping markets, Shivaji Park, Siddhivinayak Temple and Dadar Beach Realty hot spot series this week takes a look at south-central Mumbai's Dadar(W)-Mahim(W) locality. The real estate prices in this location vary between Rs 24,970 and Rs 42,55...
What happens to the property of a person who dies without a Will?
Publish on : 2019-07-11 11:40:30
What happens when the owner of a property dies without allocating shares in his property? Partition of a property is a complex issue. Property cases worth crores are pending in Indian courts awaiting resolution.  In the absence of testamentary documents, this is likely to become a family dispute...
Home buyers won39;t lose money for cancelling delayed flats: NCDRC
Publish on : 2019-06-19 11:28:57
NEW DELHI: The apex consumer commission has held that a home buyer cannot be forced to forfeit any amount deposited with a builder in case he seeks cancellation of allotment of flat to delay in construction and directed real estate major  Super-tech  to refund the entire amount of over Rs 1 cro...
Over 70% home buyers will file complaint against builder under RERA for possession delays: Survey
Publish on : 2019-06-13 12:37:49
New Delhi: More than two-third of home-buyers will file a complaint against the developer with real estate regulator under the new law RERA for any delay in possession of their flats, according to a survey by Magicbricks.  The Real Estate (Development and Regulation) Act (RERA), which came into e...
Setback for Jaypee buyers in plan to shore up votes for NBCC bid
Publish on : 2019-06-07 15:25:42
NEW DELHI: The National Company Law Tribunal (NCLT) has rejected a plea by a group of home buyers to treat them as a separate sub-class of creditors at committee of creditors (CoC) meetings for the insolvency resolution of  Jaypee  Infratech. The plea sought this classification so that absentee h...
Runwal partners Cricket Australia to offer cricket coaching in realty projects
Publish on : 2019-05-06 12:08:45
MUMBAI: Realty developer  Runwal Group  has entered into an agreement with Cricket Australia (CA), the governing body for professional and amateur cricket in Australia, to provide cricket coaching at its projects in Mumbai. Through this alliance, Runwal will be providing Cricket Education Program...
As Mumbai water stock dips, housing societies shut pools
Publish on : 2019-04-30 11:36:32
MUMBAI: Several housing societies in Mumbai have kept their swimming pools shut now to prevent any peak summer crisis, after BMC imposed 10% water cuts since November due to low stocks in the lakes that cater to Mumbai. For instance, Sion’s Vasanti Apartments has shut its pool for a month while S...
There is a mass revolt by builders: Chief Justice
Publish on : 2019-04-26 12:48:55
MUMBAI: Two weeks after Chief Justice Pradeep Nandrajog arrived in Mumbai to take over the top job in the Bombay high court, the judge on Thursday said he sees a "lawless city".  The chief justice, who is sitting on a division bench with Justice Nitin Jamdar, has been hearing PILs and petitions r...

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