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SUPERTECH PROJECTS REVIVAL
SC appointed panel says all deals involving Supertech Realtors' project need its approvalA Supreme Court committee now requires prior written approval for any property deals in Supertech Realtors' Noida 'Supernova' project. This...- NBCC to move Supreme Court for RERA exemption to complete 11 cash-starved Supertech projectsState-owned NBCC will seek Supreme Court exemption from RERA registration for 11 of Supertech's 16 projects requiring fund infusion. The co...
- Ametek co Brickboss gets NCLT nod to buy Supertech ORB with ₹421-cr revival planThe bankruptcy court has approved Brickboss Infra's acquisition of Supertech ORB Project. The buyer has also proposed a revival plan worth ...
- Supertech homebuyers seek CJI, PM intervention to let NBCC complete projectsHomebuyers of 16 stalled Supertech projects have appealed to the Chief Justice of India and Prime Minister Modi, urging them to assign the ...
- Over 5,000 homebuyers may benefit as Noida allows co-developers in stalled projectsThe Noida Authority has approved co-developers for five stalled projects, benefiting over 5,000 homebuyers, contingent on legal case withdr...
- Apex submits plan to revive 16 projects of SupertechApex Group has proposed to the Supreme Court to revive 16 stalled Supertech projects, potentially rescuing over 14,000 homebuyers. They com...
- NBCC seeks Supreme Court nod to complete 17 stalled Supertech projects, offering hope to 27,000 homebuyersThe government-owned NBCC has sought the permission of the Supreme Court to develop and complete 17 projects that have been stalled or are ...
- Bank of Baroda approves resolution of Supertech’s Dehradun projectBank of Baroda has approved Supertech Group's resolution plan for its Dehradun project, enabling the delivery of over 600 homes. The compan...
- Kotak Investment Advisor to invest Rs 450 crore in Supertech’s project, Noida authority approves proposalKotak Investment Advisor Ltd (KIAL) has agreed to invest Rs 450 crore in Supertech’s stalled project in sector 94, Noida. KIAL will also pa...
- NBCC eyes Supertech's troubled projects amid legal and financial turmoilNBCC has informed IRP and lender Union Bank of India that it is ready to take all the projects of Supertech, provided it is given complete ...
- Real estate developer Supertech declared insolvent by NCLTThe company which was under stress and was in the process of demolishing two illegal towers at its Noida project following the order of the...
- Realty developers witness a surge in demand for luxury and super luxury homesThe increase in the purchasing power of the NRIs coupled with a spike in the exchange rate of the US dollar will continue to encourage the ...
- Real estate sector hopes for revival after announcement of Film City in NoidaThe Chief Minister said that the proposed site is just an hour away from New Delhi and very close to the proposed International Airport at ...
- Demand should start piling up before this financial year ends: Dinanath DubhashiOur faith is in areas that we are in — renewables, roads refinance and transmission, says L&T Fin MD.
- Indiabulls Real Estate Fund raises over Rs 500 crore in alternative investment fund schemeThe fund recently invested 125 crore in a residential project of Mumbai-based developer Naman Group through non-convertible debentures with...
- Realtors package deals with gifts to draw buyers; freebies, international holidays on offerDLF, for instance, has launched down payment rebates and subvention schemes for some of its ready-to-move-in, or close-to-possession projec...
- Ministry nod to Jewar Airport may boost Noida realty businessThe civil aviation ministry has approved a new airport at Jewar, located along the 165-km Yamuna Expressway connecting Greater Noida and Ag...
- Housing sales dip in 2014; realtors eye turnaround in new yearThe year also witnessed some big-ticket property deals and increased investors interest in realty portals.
- Real estate market cold as realtors fail to woo customers this festive seasonAccording to property research firm Liases Foras, there were about 7.6 lakh unsold apartments across India at the end of June. “There isn’t...
- Unitech to invest over Rs 500 cr to develop luxury housingWith the revival of sentiment in the property market, Unitech is investing over Rs 500 crore on developing a luxury housing project.
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