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OTS FOR BUILDERS
Delhi HC sets aside Punjab and Sind Bank's withdrawal of one-time settlementThe OTS offer, its acceptance and the sanction letter constitute a sufficient contract, the judge said. “Thus, the Punjab and Sind Bank, wh...
05 Jul, 2024, 10.47 AM IST
Delhi HC sets aside Punjab & Sind Bank's decision to withdraw its Rs 120 cr OTS given to real estate co Ambience Pvt LtdThe Delhi High Court has ruled against Punjab and Sind Bank's withdrawal of a Rs 120 crore loan settlement from Ambience Pvt Ltd. The court...
04 Jul, 2024, 07.43 PM IST
Delhi RERA withdraws circular on property registration after LG’s interventionDelhi RERA, in a circular on September 19 had said that it has come to the notice of the authority that various civic authorities like MCD,...
29 Nov, 2023, 02.24 PM IST
HDFC sells more bad loans to ACRE ARCThe combined outstanding loan amount of this pool was approximately ₹1,300 crore, translating into an immediate recovery of around 23%. ACR...
06 Jul, 2023, 12.10 AM IST
NAREDCO urges UP government to follow Haryana’s one time settlement scheme for buildersUttar Pradesh division of the National Real Estate Development Council (NAREDCO) has written to the UP chief secretary saying that recall o...
18 Jan, 2023, 01.54 PM IST
Builders in Noida, Gr Noida seek one-time settlement scheme for land dues, fearing bankruptcyLast month, the Supreme Court recalled its order of June 10, 2020, which had capped the rate of interest at 8 per cent on the dues for land...
01 Dec, 2022, 05.15 PM IST
Supreme Court order could delay registry of 150,000 homes in Noida and Greater Noida, says industry body"After studying the SC order, and the authorities’ response, the developers felt that the 15-23 percent compound interest would raise the f...
30 Nov, 2022, 10.00 PM IST
NCLT gives HDIL 4 weeks to clear lenders’ duesThe tribunal Tuesday directed HDIL to clear Rs 98 crore dues in four weeks to BoI as per the agreed terms or be ready to face the consequen...
05 Jun, 2019, 08.43 AM IST
Interest in your dream home gets a high fiveThe relief, under Section 4 of I-T Act, could help save tax up to Rs 60,000 per annum.
03 Mar, 2016, 02.15 PM IST
Delhi High Court Blast: Lawyer's robe would have saved student's lifeAmanpreet Singh Jolly forgot to carry his lawyer's robe to court on Wednesday. The mistake caught him his life, as security guards made him...
08 Sep, 2011, 04.41 AM IST