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Noida Twin Towers Demolition: Flat Owners To Be Refunded In Full
The Supreme Court Friday assured the home buyers of the to-be-razed 40-storey twin-towers of real estate firm Supertech in Noida that they will be refunded the full amount deposited with the builder.
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You Are Reeking Of Corruption: Supreme Court To Noida Authority In Supertech Emerald Court Case
Noida on Wednesday drew flak from the Supreme Court for failing to provide sanctioned plan to the Supertech's Emerald Court project home buyers saying, "you (the authority) are reeking with corruption right from your eyes and nose".
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In Noida, Deadline Extended For Builders To Clear Dues
The Noida Authority on Friday said it has extended till April 30, 2020 the date for builders here to clear dues they owe to it, hoping the move would benefit more home buyers get possession of their flats.
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The Crisis That Shattered India's Economic Dreams
A sprawling 1,063-acre property development located in Noida, just outside New Delhi, Wish Town was supposed to give would-be home buyers sparkling shopping malls, pristine golf courses and modern medical clinics. Apartments that should have been delivered by 2012 were billed in the media as "global homes with an Indian address."
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Amrapali Case: Supreme Court Orders Disbursement Of Rs 7 Crore To NBCC - 10 Points
The Supreme Court on Monday directed disbursement of Rs 7.16 crore to state-run National Buildings Construction Corporation (NBCC) to complete two stalled projects of the embattled real estate group Amrapali, which has been accused of fraud. The sum was earlier deposited by the Amrapali group with the top court's registry. The two projects are in N...
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Probe Agency Files Money Laundering Case Against Amrapali Group, Promoters
The Enforcement Directorate has filed a criminal case of money laundering against embattled real estate major Amrapali Group and its promoters, who allegedly failed to give possession of flats to over 42,000 home buyers in Noida and Greater Noida, officials said on Tuesday.
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Deposit Money, Or Tihar Isn't Far, Supreme Court Warns Jaypee Group
The Supreme Court on Wednesday told Jaypee Associates to deposit Rs 125 crore as directed failing which it would be held in contempt of court and could land in Tihar Jail.
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40,000 Noida Home Buyers To Get Possession By Dec 31: Yogi Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said 40,000 home buyers in Noida and Greater Noida area will be given the possession of their apartments by the end of December this year.
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Concerned Over 'Tears' Of Home Buyers, Says Supreme Court
The Supreme Court today expressed anguish over the "tears" of home buyers saying they cannot be "taken for a ride" by the builders, as it directed the Jaypee group to give Rs 50 lakh as interim compensation to its customers for delay in giving them possession.
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Handover Flats In Noida In 3 Months Or Face Action, Yogi Adityanath Tells Builders
Coming to the rescue of distressed home buyers of Noida and Greater Noida, the Uttar Pradesh government today directed builders to hand over 50,000 flats to customers in next three months or face action.
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Agitating Noida Homebuyers Can Seek Relief Under Insolvency Law: Jaitley
Hundreds of home buyers are in lurch after a plea for insolvency proceedings was admitted by NCLT against Jaypee Infratech for defaulting on Rs 526 crore loan.
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Amrapali Group Plans To Monetise Land Bank, Rope In Co-Developers
Besides Amrapali, developers like Jaypee Infratech and Unitech too are facing protests by home buyers over delayed projects.
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Government Considers Jaypee Assets Sale To Complete Ongoing Housing Projects: Report
Many home buyers had been left in lurch after insolvency proceedings were initiated against the realty company for defaulting on a Rs 526-crore loan.
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Noida Home Owners Meet Uttar Pradesh Chief Minister Yogi Adityanath, Demand Action Against Builders
Home buyers associations of Noida and Greater Noida met Uttar Pradesh Chief Minister Yogi Adityanath on Thursday and sought action against builders for allegedly harassing them by not delivering projects on time and charging extra money.
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Unitech Says No Money To Refund Home Buyers, Shares Crash
Shares of Unitech plunged as much as 19.5 per cent to hit intraday low of Rs 4.95 after the real estate company on Friday told Supreme Court that it does not have the money to refund home buyers over its two delayed housing projects in Noida and Gurgaon.
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Noida Twin Towers Demolition: Flat Owners To Be Refunded In Full
The Supreme Court Friday assured the home buyers of the to-be-razed 40-storey twin-towers of real estate firm Supertech in Noida that they will be refunded the full amount deposited with the builder.
-
You Are Reeking Of Corruption: Supreme Court To Noida Authority In Supertech Emerald Court Case
Noida on Wednesday drew flak from the Supreme Court for failing to provide sanctioned plan to the Supertech's Emerald Court project home buyers saying, "you (the authority) are reeking with corruption right from your eyes and nose".
-
In Noida, Deadline Extended For Builders To Clear Dues
The Noida Authority on Friday said it has extended till April 30, 2020 the date for builders here to clear dues they owe to it, hoping the move would benefit more home buyers get possession of their flats.
-
The Crisis That Shattered India's Economic Dreams
A sprawling 1,063-acre property development located in Noida, just outside New Delhi, Wish Town was supposed to give would-be home buyers sparkling shopping malls, pristine golf courses and modern medical clinics. Apartments that should have been delivered by 2012 were billed in the media as "global homes with an Indian address."
-
Amrapali Case: Supreme Court Orders Disbursement Of Rs 7 Crore To NBCC - 10 Points
The Supreme Court on Monday directed disbursement of Rs 7.16 crore to state-run National Buildings Construction Corporation (NBCC) to complete two stalled projects of the embattled real estate group Amrapali, which has been accused of fraud. The sum was earlier deposited by the Amrapali group with the top court's registry. The two projects are in N...
-
Probe Agency Files Money Laundering Case Against Amrapali Group, Promoters
The Enforcement Directorate has filed a criminal case of money laundering against embattled real estate major Amrapali Group and its promoters, who allegedly failed to give possession of flats to over 42,000 home buyers in Noida and Greater Noida, officials said on Tuesday.
-
Deposit Money, Or Tihar Isn't Far, Supreme Court Warns Jaypee Group
The Supreme Court on Wednesday told Jaypee Associates to deposit Rs 125 crore as directed failing which it would be held in contempt of court and could land in Tihar Jail.
-
40,000 Noida Home Buyers To Get Possession By Dec 31: Yogi Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said 40,000 home buyers in Noida and Greater Noida area will be given the possession of their apartments by the end of December this year.
-
Concerned Over 'Tears' Of Home Buyers, Says Supreme Court
The Supreme Court today expressed anguish over the "tears" of home buyers saying they cannot be "taken for a ride" by the builders, as it directed the Jaypee group to give Rs 50 lakh as interim compensation to its customers for delay in giving them possession.
-
Handover Flats In Noida In 3 Months Or Face Action, Yogi Adityanath Tells Builders
Coming to the rescue of distressed home buyers of Noida and Greater Noida, the Uttar Pradesh government today directed builders to hand over 50,000 flats to customers in next three months or face action.
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Agitating Noida Homebuyers Can Seek Relief Under Insolvency Law: Jaitley
Hundreds of home buyers are in lurch after a plea for insolvency proceedings was admitted by NCLT against Jaypee Infratech for defaulting on Rs 526 crore loan.
-
Amrapali Group Plans To Monetise Land Bank, Rope In Co-Developers
Besides Amrapali, developers like Jaypee Infratech and Unitech too are facing protests by home buyers over delayed projects.
-
Government Considers Jaypee Assets Sale To Complete Ongoing Housing Projects: Report
Many home buyers had been left in lurch after insolvency proceedings were initiated against the realty company for defaulting on a Rs 526-crore loan.
-
Noida Home Owners Meet Uttar Pradesh Chief Minister Yogi Adityanath, Demand Action Against Builders
Home buyers associations of Noida and Greater Noida met Uttar Pradesh Chief Minister Yogi Adityanath on Thursday and sought action against builders for allegedly harassing them by not delivering projects on time and charging extra money.
-
Unitech Says No Money To Refund Home Buyers, Shares Crash
Shares of Unitech plunged as much as 19.5 per cent to hit intraday low of Rs 4.95 after the real estate company on Friday told Supreme Court that it does not have the money to refund home buyers over its two delayed housing projects in Noida and Gurgaon.
