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STUCK PROJECTS NOIDA
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...- Alpha Corp to take over three stuck projects following Supreme Court approvalThe Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...
- County Group's rescue drive in Gurgaon to unlock Rs 4,000 crore potentialCounty Group has acquired two stalled housing projects in Gurgaon. This move brings relief to nearly 400 homebuyers who have been waiting f...
- ReaRCo acquires KV Developers through the insolvency processReaRCo Private Limited has acquired KV Developers, bringing relief to nearly 400 homebuyers in Greater Noida. The company secured Rs 195 cr...
- Nimbus group raises Rs 150 crore from Bajaj Finance to revive a stuck housing project in NoidaNimbus Projects Limited secured Rupees 150 crore from Bajaj Finance. The funds will revive a stalled housing project in Noida. Nimbus needs...
- Nimbus Projects takes over stalled residential project in Noida, to invest Rs 1,000 croreNimbus Projects Ltd will invest nearly Rs 1,000 crore to revive the stalled Sunworld Arista housing project in Noida, gaining about a milli...
- Supreme Court clears way for NBCC to generate Rs 15,000 crore from Amrapali projectsThe Supreme Court has authorized state-run NBCC to generate an additional Rs 15,000 crore by developing more flats in Amrapali projects. Th...
- NBCC to generate Rs 15,000 Crore from Amrapali projects with additional flatsState-owned NBCC is set to generate an additional revenue of Rs 15,000 crore from Amrapali projects after the Uttar Pradesh government appr...
- Noida, Greater Noida authority paves way to restart stuck housing projectsAccording to the approved proposal, builder taking benefit of the policy won’t be able to charge any amount from the buyer so that the bene...
- With India's new rules, home buyers will get much-needed relief and assuranceAmid rising real estate prices, concerns loom for home buyers fearing builder bankruptcy and legal woes, reminiscent of cases like Jaypee, ...
- UP government has a 'zero' plan to revive stalled projects in Noida, Greater NoidaThe Uttar Pradesh government is considering a rehabilitation package for stalled real estate projects to assist homebuyers. The package, ba...
- Good news for stuck home buyers in Noida, Ghaziabad: Rera has a big plan to get things movingRera in Uttar Pradesh is taking steps to address delays in stuck projects. Rera will conduct separate meetings with builders, buyers, and b...
- UP govt to bring co-development policy to revive stuck projects in Noida and Greater NoidaThe government in Uttar Pradesh, India, is hoped to approve a co-development policy to revive stalled real estate projects in Noida and Gre...
- NCLT gives approval to Max Estates bid to acquire stalled mixed use project 'Delhi One' in NoidaBoulevard Projects Pvt Ltd, which is a Special Purpose Vehicle (SPV) owned by the promoters of realty firm 3C group, had launched Delhi One...
- Homebuyers in Noida-Greater Noida worst hit; 1.65 lakh units of Rs 1.18 lakh crore stalledDelhi-NCR alone accounts for a whopping 50 per cent with 2,40,610 stalled or delayed units worth Rs 1,81,410 crore. Giving further breakup ...
- UP-RERA appoints REPL to monitor construction of three stuck projects in Greater NoidaThese include Casa Grande 2 of Earthcon Construction Pvt. Ltd; La Palacia of Newtech La Palacial Pvt Ltd; and Unibera Towers of Unibera Dev...
- Real estate players in Uttar Pradesh lobby for new policy to resolve insolvencies quickerResolutions of multiple projects are on hold as the authorities want to be financial creditors instead of operational creditors so that the...
- Alpha Corp to invest Rs 1,000 crore in reviving ten stuck projects in NCRWith the help of the buyer associations in these projects, the company had submitted bids in the Delhi high court and NCLT.
- NCR will take over seven years to clear the current stock of unsold inventory : ReportThe research also points out that NCR has around 292 projects comprising approximately 190,110 units that are stuck or delayed as on 2020-e...
- 2 lakh incomplete units in NCR may benefit from Rs 25,000 crore realty fundGovernment’s Rs 25,000 crore stress fund will benefit at least 2 lakh units in Delhi and its satellite cities, real estate developers in th...
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