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LAPSED HOUSING PROJECTS
Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...- Senate rejects first effort to bar Trump from creating $1.8 billion settlement fundSenate Republicans are facing challenges in passing funding for President Donald Trump's immigration agencies. Democrats are pushing for vo...
- 143 illegal structures to be removed in Delhi's Shalimar Bagh as SC upholds road widening projectDemolitions began Sunday in Delhi's Shalimar Bagh. Authorities cleared 143 illegal structures. The Supreme Court upheld orders for road wid...
- MahaRERA cracks down on errant builders; issues notices over 8,212 projectsMahaRERA is taking strict action against over 8,000 housing projects. These developers failed to submit mandatory quarterly progress report...
- Assam: Congress urges alertness ahead of May 4 count, dismisses exit polls favouring BJP-led NDACongress and its allies met before the May 4 vote count. Party workers were asked to remain vigilant and ignore exit poll predictions favor...
- Mamata Banerjee storms EVM strongroom; TMC, BJP trade tampering chargesKolkata streets saw tension after West Bengal Assembly polls. Trinamool Congress staged a protest alleging EVM irregularities in strongroom...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- ‘I wasn’t worried’: Trump downplays White House Correspondents' Dinner shooting, pushes to reschedule gala within 30 daysUS President Trump expressed no worry following a shooting at the White House Correspondents' Dinner, praising security's swift action and ...
- Rs 51,000 cr Amaravati capital city projects grounded in Andhra; CM asks officials to expedite workNearly Rs 51,000 crore worth of Amaravati capital city project works are underway, with officials urging faster execution for a potential P...
- MahaRERA steps up efforts to combat fraud with OC verification for lapsed projectsMaharashtra Real Estate Regulatory Authority will verify Occupation Certificates for stalled real estate projects. This action follows comp...
- MahaRERA cracks down on errant builders, freezes 1,950 projects’ bank accountsMahaRERA has frozen bank accounts of over 1,950 stalled or lapsed real estate projects to enforce accountability and protect homebuyers' in...
- MahaRERA initiates all lapsed projects’ scrutiny, issues notices to 11,000 housing projectsIn case of no response within 30 days, registration of these projects may get suspended or cancelled, along with restriction on sale of fla...
- MahaRERA flags 314 housing projects under insolvency, cautions homebuyersMahaRERA has warned homebuyers against purchasing properties in 314 projects undergoing insolvency proceedings. Significant investments hav...
- MahaRERA keeps registration of 1,750 lapsed housing projects in abeyanceThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has put the registration of 1,750 lapsed housing projects on hold across the st...
- MahaRERA cautions homebuyers against 308 projects facing insolvency proceedingsThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has alerted homebuyers to over 308 real estate projects that are under insolven...
- MahaRERA plans to help kickstart Rs 78,000-crore stalled, lapsed housing projectsOut of the 36,000 projects registered in the last five years in Maharashtra, 4,500 projects, or around 12%, have lapsed, and the state regu...
- Lapsed MahaRERA registration of 388 projects in 2021 impacts 20,955 unitsThe top five cities in the state with the maximum lapsed projects are Mumbai Metropolitan Region (MMR), Pune, Aurangabad, Nagpur, and Satar...
- Noida rejects applications of 14 builders for completion certificatesBuilders had not fulfilled the laid-down criteria for completion and had filed their applications in haste to keep themselves out of the Re...
- Government may repromulgate land ordinance by proroguing ParliamentThe repromulgated ordinance will carry the nine amendments moved by govt during passage of the bill which sought to replace the executive o...
- Core sector funds to lapse on delaysA review of 800 infrastructure projects by the government has revealed that no project is facing any funding problem, but almost 200 of the...
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