Housing Projects
Housing Projects News

High-rises account for over 50% of 1,816 housing projects launched across 7 big cities in 2019
The Delhi-NCR market came next with nearly 70 percent of its total launched projects in the high-rise category.

Amrapali Group committed first degree crime by cheating home buyers, will be booked and prosecuted, says Supreme Court
Amrapali Group "cheated everybody including home buyers, banks and authorities and indulged in cartelization to prevent the Debt Recovery Tribunal from auctioning its unencumbered properties", SC said.

After govt nod, NBCC asks Jaypee Infratech RP to reconsider bid; lenders, home buyers vote on sole bid by Suraksha Realty
Financial creditors and home buyers of the Jaypee group realty firm are currently voting on the bid of Suraksha Realty,

NBCC to submit revised bid to acquire Jaypee Infratech by 25 April, complete housing projects
In its earlier resolution plan, NBCC offered 1,400 acre land worth Rs 6,000 crore as well as Yamuna Expressway to lenders.

Gaurs Group to invest Rs 350 cr in new realty project at Yamuna Expressway
Realty firm Gaurs Group on Monday said it will invest Rs 350 crore to develop a new mixed-use project in its 250-acre township along Yamuna Expressway in Uttar Pradesh

Housing projects worth Rs 3.3 lakh cr stuck across major Indian cities due to sales slowdown, cash crunch: PropEquity report
Over 4.65 lakh units, worth over $47 billion, are facing significant execution delays across major Indian cities due to sales slowdown, cash crunch facing developers and issues related to project approvals, says a PropEquity report

Home sales volume surges 50% to 26.41 million sq ft in FY18 valued at Rs 16,916 cr, reveals study
In the post-RERA era, organised players in home sales segment are expected to gain market share.

Jaiprakash Associates will submit a plan in Supreme Court to protect home buyers' interests
Home buyers of Jaypee Infratech, debt-ridden subsidiary of Jaiprakash Associates, had moved the Supreme Court seeking relief in view of significant delays in completion of housing projects

Unitech MD Sanjay Chandra seeks bail, SC asks for deposit of Rs 1000 cr to establish bonafides
The bench, however, said that properties can be put on auction to generate Rs 1,865 crore to refund the buyers

Maharashtra Day celebration: CM Devendra Fadnavis pays tribute to martyrs, state gets its own RERA
The 57th Maharashtra Day was celebrated across the state on Monday, with the main ceremony taking place at the sprawling Shivaji Park here.

How new land acquisition law will delay, increase cost of projects
According to research and rating firm Crisil, the new legislation will lead to an increase in the gestation period of major projects and spike overall costs.