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RECOVERIES FROM BUILDERS
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...- ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
- $15 billion game-changer: Reliance Jio readies for a big bang in spaceReliance Jio is reportedly planning a massive 1,600-satellite low Earth orbit constellation, aiming for direct-to-device connectivity and e...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...
- Homeowner having possession must pay maintenance charges even if builder did not give OC, independent water connection and sewerage facilities, rules HP RERAHomeowners in possession must pay maintenance charges even without an Occupation Certificate or independent water and sewerage facilities. ...
- Former Yes Bank CEO Rana Kapoor, Sudhir Valia booked in a fraud case by the Mumbai PoliceMumbai Police have filed a fresh FIR against former Yes Bank co-founder Rana Kapoor and investor Sudhir Valia for an alleged ₹1,000-crore f...
- Actress who worked with Anil Kapoor in blockbuster film lost role in Sanjay Dutt’s Khalnayak after major car accident. Now lives with husband and his first wifeDelhi-born Sonika Gill carved her own path in Bollywood. She gained recognition for her role in the 1989 blockbuster Ram Lakhan. A trained ...
- 'Cash rain' during ED raids in Punjab's Mohali, bags filled with Rs 500 notes thrown from luxury high-rise leaves morning walkers shockedDuring an Enforcement Directorate raid in Mohali, individuals in a luxury high-rise threw bags of cash from a ninth-floor window. The incid...
- Why smallcap funds are still a buy: A long-term strategy from Aditya KhemaniSmallcap valuations seem high but underlying fundamentals have improved. Aditya Khemani of Invesco Mutual Fund sees this as a structural sh...
- PNB Housing Finance soars 10% post Q4 results: Why Morgan Stanley, other brokerages remain bullishIn a thrilling market reaction, PNB Housing Finance saw its stock surge by 10 percent in response to the robust Q4 FY26 financial results. ...
- RERA relief: Interest for delayed flats can be recovered as land revenue arrearsHomebuyers can now recover interest for delayed property possession from builders as "Arrears of Land Revenue" under RERA. This classificat...
- Is 18% GST levied on maintenance amount when housing society is managed by builder?GST on house maintenance is needed to be paid by those who are paying more than Rs 7,500 per month and the RWA's turnover is more than Rs 2...
- Rs 200 cr recovered from realtors to compensate homebuyers, Rs 500 cr more payable: MahaRERAMahaRERA recovers over Rs 200 crore from developers to compensate homebuyers, with Rs 378 crore pending in Mumbai and Pune. The authority h...
- Bombay HC says refund by builder to buyers under RERA order not liable to TDSThe HC too said the refund was akin to a judgment debt and cannot be liable to TDS.
- At 63%, new supply share of branded developers’ highest in Bengaluru, ChennaiTier I real estate developers have been increasing the supply following the lifting of lockdown in May to tap into the growing demand, said...
- Defaulter builders: UP-Rera to issue SOPs for home buyersUP-Rera is also looking for a government-backed auction house to trade off property secured from defaulter builders for refunding buyers th...
- Realtors pin hope on festive season, may offer freebiesMany builders in the city are offering a component in property registration, free club membership, cash discount and gifts among other item...
- To refund home buyers, Rera to auction unsold flats of defaulting buildersWhile Rera benches have taken several steps against defaulting builders, this is perhaps the first time that such a move has been announced...
- NHAI suffers Rs 400 cr loss on non-recovery of damages from builders: CAGIndicting NHAI for undue favour to a developer on a stretch, CAG in its latest report said it cost NHAI a loss of nearly Rs 100 crore.
- MahaRERA issues recovery warrants against 12 buildersUnder the warrant, the district collector could attach property and if the developer does not pay up still, bidding process could be initia...
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