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ASSOCIATION OF ALLOTTEES
Nazara Technologies allots 1.82 crore warrants, gets Rs 118.5 crore in upfront paymentNazara Technologies has approved the preferential allotment of over 1.82 crore warrants to investors. These warrants are convertible into e...- 7, Jantar Mantar Road: Striking Lutyens' bungalow; former Congress HQ houses libraryThe Indian National Congress is pursuing legal action to secure ownership of its former headquarters at 7, Jantar Mantar Road. The party ha...
- Alpha Corp to take over three stuck projects following Supreme Court approvalThe Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...
- Big win for homebuyers after 10-year wait: Haryana RERA directs Gurugram-based builder to pay 10.80% interestHRERA, in its April 7 order, ruled in favour of two allottees who had lodged a complaint against M/s KNS Infracon Pvt Ltd and its associate...
- Builder can’t escape liability of clubhouse fire just because it handed over possession to apartment owners' association, rules Karnataka RERA due to this reasonBuilders cannot escape liability for damages by handing over possession if they fail to secure RERA-mandated insurance. Karnataka RERA has ...
- UP RERA authorises developer to complete stuck project, to monitor constructionElegant Splendour project has two phases in which ‘Phase 1’ comprises of towers E, F and G towers and ‘Phase 3’ comprises towers A, B, C, D...
- UP RERA authorises promoter of Utopia Estate to complete stuck projectThe project started in April 2016 but could not be completed by the promoter Sai Adhiraj Land & Promoters Pvt. Ltd. within the period of re...
- UP RERA authorises promoter of Vasundhara Grand to complete stuck projectThis is 13th real estate project under rehabilitation to achieve completion under section – 8 of the RERA Act. The decision is as per the c...
- UP RERA to monitor completion of Spring View Heights project in GhaziabadThe Spring View Heights project, developed by Sare Saamag Realty Pvt. Ltd. is located at Plot No.-2, Saga Crescent Park Integrated Township...
- Construction work on stuck Knight Court project of Jaypee Greens resumesKnight Court is among the five projects at Wish Town that are promoted, sold, and developed by JAL, not Jaypee Infratech Ltd, which is in i...
- UP RERA authorises Jaypee Associates Ltd to complete stuck project with the help of homebuyersEarlier, the authority had instituted a co-operative model to complete the Kalypso Court Project of Jaypee Associates Ltd and the Associati...
- Haryana RERA issues showcause notice to Gurgaon builder, threatens to impose Rs 28 crore fineKK Khandelwal, Chairman, HARERA, said that in the notice builder has been told that registration of the projects will be cancelled in case ...
- UP-RERA allows JAL's proposal to complete Jaypee Kalypso Court phase IIWith a view to facilitate the completion of the project in a time bound manner, the authority has accepted the proposal of the promoter in ...
- UP RERA allows Jaypee homebuyers to oversee completion of stuck projectKalypso Court is among the five projects at Wish Town that are promoted, sold, and developed by JAL, not Jaypee Infratech Ltd, which is in ...
- UP RERA allows association of homebuyers to take over stuck projectThe authority had revoked the registration of the project Sampada Livia after developer failed to complete it and diverted money collected ...
- MahaRERA: Buyers to decide fate of incomplete projectsThe promoters, who have failed to meet the deadline after the first extension, would not be able to sell or advertise any of their projects...
- MahaRERA releases SOP to remove delaying developersThe panel would prepare a blueprint for project completion. The blueprint would consist financial details and a detailed roadmap towards ar...
- MahaRERA’s SOP empowering home buyers to be out next weekThe SOP would bring relief to homebuyers as around 80% complaints reaching MahaRERA pertain to delay in project completion.
- Are home buyers secured financial creditors or unsecured creditors under IBC?Under IBC the difference between secured financial creditors and unsecured financial creditors mostly has an implication on the priority of...
- DDA allottees plan protest; scrap draw, say failed applicantsWith DDA hinting at indefinite delay in handing over flats after the controversy over its housing scheme, successful applicants will stage ...
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