2023

5 things homebuyers must know about UP govt’s nod to Amitabh Kant panel’s report

5 things homebuyers must know about UP govt’s nod to Amitabh Kant panel’s report

The Uttar Pradesh Cabinet on December 19 had approved the recommendations of Amitabh Kant committee on delayed real estate projects, bringing relief to lakhs of aggrieved homebuyers in Noida, Greater Noida and the Yamuna Expressway, who have been waiting to receive possession of their homes, some of which are stuck for more than a decade. The Uttar Pradesh Cabinet on December 19 had approved...

Awfis Space Solutions files IPO papers with Sebi

Awfis Space Solutions files IPO papers with Sebi

Flexible workspace solutions company Awfis Space Solutions Ltd has filed draft papers with capital markets regulator Sebi to garner funds through an Initial Public Offering (IPO). Awfis offers a comprehensive range of flexible workspace solutions, catering to diverse needs, from individual flexible desk requirements to customised office spaces for startups, SMEs, and large corporations. (File)...

Construction ban in Delhi-NCR; Homebuyers, builders worry about more delays

Construction ban in Delhi-NCR; Homebuyers, builders worry about more delays

Amid worsening air quality in the Delhi-NCR region, the Centre on December 22 ordered a ban on non-essential construction work and plying of BS-III petrol and BS-IV diesel four-wheelers in Delhi-NCR. The measure is expected to further delay completion of real estate projects, impacting hundreds of homebuyers who were to get possession of their housing units in a few months’ time. The Centre...

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