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PARSVNATH HOMEBUYERS
RERA Impact: Arrest warrant issued against builder who failed to pay compensation to property buyer for 14 year delay in possessionHaryana RERA has directed the arrest of a builder's directors. This action follows their failure to compensate a property buyer. The buyer ...- NCLAT rejects insolvency plea against Parsvnath Landmark DevelopersThe National Company Law Appellate Tribunal (NCLAT) has dismissed a plea by four unit buyers of Parsvnath Landmark Developers to initiate i...
- NCLT closes insolvency proceedings against Parsvnath LandmarkParsvnath Developers' arm Parsvnath Landmark is constructing a housing project, comprising 500 units, at Civil Lines in the national capita...
- Home buyers are main sufferer of real estate industry, neither getting home nor refund: SCThe court's observations came as it heard a plea of thousands of home-buyers in Jaypee Infratech Ltd(JIL) projects seeking the refund of mo...
- need2know: 10 macro triggers that should matter for market todayOptimism level among India's chief financial officers during July-September touched a one and half year low.
- Supreme Court ensures monetary relief for Unitech, Parsvnath flatbuyersA three-judge bench led by CJI Dipak Misra clarified that this order would apply only to this case and not be treated as a judicial precede...
- Supreme Court orders Parsvnath to refund Rs 22 crore to 70 home buyersA bench comprising justices Dipak Misra, Amitava Roy and AM Khanwilkar asked the company to deposit Rs 10 crore by December 10 with the cou...
- Now, the real estate ball is in customer's courtBesides discounts of 8-10%, developers have taken to offering freebies such as gold coins, cars, furniture and even free foreign tours to a...
- Builders find giving refund on delays tough, look to finish pending projectsThe push and prod by courts is finally goading builders to find a way to complete their projects, one brick at a time.
- More home buyers are now willing to file cases against builders in NCDRCAccording to property research firm Liases Foras, more than half of the real estate projects across the country are delayed by over 12 mont...
- RBI policy desolates realtors; want rate cut to boost sectorCREDAI, the apex body of real estate developers, said the industry is struggling due to low demand, rise in input cost and high interest ra...
- Realty firms expect a spur in housing demand following RBI's rate cutRBI's decision to cut rates is likely to reduce borrowing cost for both home buyers as well as developers leading to increase in housing de...
- Negative news puts realty stocks under pressureThe spate of negative news on the real estate sector has put most realty stocks under pressure. The outlook for the sector remains bleak.
- Real estate companies tap PEs, NBFCs for capital needBuilders are tapping domestic PE funds and NBFCs to raise cash by pledging their receivables as banks turn wary of financing construction p...
- RBI credit policy: Rate hike to squeeze home sales; gloomy outlook aheadA 25 basis points increase by RBI is likely to further squeeze home sales across the country, some developers and bankers said, amid appreh...
- Land value may be kept out of under-construction houses' tax netThe finance ministry may exclude land value from the ambit of a new tax on under-construction houses, potentially taking the sting out of t...
- Expensive home loan rates to affect real estate marketRising interest rate and inflation has pushed up the input cost substantially, in turn forcing builders to increase prices of their built-u...
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