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NOIDA DEFAULTING PROJECTS
After 15-year wait, JAL homebuyers pin hopes on Adani plan for long-delayed homesHomebuyers who booked properties 15 years ago with Jaiprakash Associates Limited (JAL) are anticipating possession following the Supreme Co...
Mahagun Group raises Rs 225 crore from CSL Finance LimitedMahagun Group has secured Rs 225 crore funding from CSL Finance Limited. This capital infusion will accelerate project execution and ensure...
Noida Authority to name and shame builders over unpaid dues; boards installed outside defaulting projectsNoida Authority is now publicly displaying boards outside housing projects with significant land dues, a move aimed at compelling defaultin...
MS Dhoni among Amrapali homebuyers who are yet to pay their duesFormer Indian cricket captain Mahendra Singh Dhoni is among nearly 10,000 homebuyers of Amrapali housing projects who have not paid the bal...
Central relief out of reach for Noida realty projectsBuilders collectively owe Rs 28,000 crore to Noida, GNIDA and YEIDA, which is higher than the entire central corpus of Rs 25,000 crore. Of ...
NCLT starts insolvency proceedings against Today Homes NoidaThere are many companies in Delhi-NCR which are facing insolvency proceedings, including Jaypee Infratech, because of default to home buyer...
SC to pronounce verdict on Tuesday in Amrapali CaseThe apex court reserved the verdict in the matter on May 10 after Noida and Greater Noida authorities said they don't have the resources an...
Can’t construct Amrapali projects: Noida authoritiesThey said that as government entities keeping the interest of home buyers in mind they had not cancelled the lease agreements with Amrapali...
Amrapali’s Silicon City faces insolvency actionAmrapali is the second major real estate company whose project in Noida is facing insolvency action after Jaypee Infratech.
Government weighs Jaypee assets sale to complete stuck housing projectsHundreds of home buyers had been left in lurch after the NCLT admitted bankers' plea for initiating insolvency proceedings against the real...
Noida Authority seeks nod to take over unsold units in some Amrapali projectsAmrapali group owes the Noida Authority over Rs 1,200 crore and has to deliver nearly 30,000 residential units to buyers.
Noida Authority seeks forensic audit of defaulting builders' fundsThe move follows reports of NCLT having admitted pleas of insolvency proceedings by several banks who wanted to recover their dues from the...
102 realtors owe Greater Noida Rs 4,000 croreThe naming of defaulters comes in the wake of the Noida and Greater Noida Authorites having slashed their budgets earlier this month becaus...
Noida to hire private agency to monitor housing projectsThe aim of the Noida Authority is to ensure delivery of flats as per the new schedules that defaulting realtors have committed to.
Delay-hit Amrapali flat buyers write to PMO, GNIDAIn a letter of appeal to PM Modi, Dream Valley buyers have requested that measures be taken to safeguard the interests of buyers who have i...
Amrapali, Unitech, ATS among biggest land defaulters in Greater NoidaAlmost all real estate companies operating in Greater Noida have defaulted Rs 3,520 crore in dues against land allotted to them in 95 proje...
- UP govt to aid developers in Noida
The Uttar Pradesh government is moving in to aid developers involved in projects coming up in the Noida, Greater Noida and Ghaziabad areas ...