February 2024

Builders agree to pay dues, 13,600 flats to be registered

Builders agree to pay dues, 13,600 flats to be registered

The Noida authority has decided to give permission for executing registries of at least 13,600 apartments in 35 stalled housing projects after the respective real estate developers gave their written consent to pay land dues. The 35 projects in Noida where registries will take place include Hyde Park in Sector 78, Prateek Fedora in Sector 61, Apex Homes in Sector 75, and Gulshan Homes in Sector...

Godrej Properties wins bid for group housing plot for ₹506 crore in Noida

Godrej Properties wins bid for group housing plot for ₹506 crore in Noida

Listed real estate developer Godrej Properties has won the bid for a 6.45-acre group housing plot in Noida for a total bid value of ₹506 crore, Lokesh M, chief executive officer of the Noida Authority confirmed to HT on February 26. Godrej Properties wins bid for group housing plot for ₹506 crore in Sector 44, Noida, (HT Archive) (Picture for representational purposes only) The real...

After Amrapali, NBCC exploring more stressed real estate project options

After Amrapali, NBCC exploring more stressed real estate project options

After having completed as many as 16,000 Amrapali flats that were stuck for years and handing them over to homebuyers, the government’s construction arm NBCC, is now exploring a few options in NCR and Mumbai to provide relief to thousands of distressed buyers. After handing over stressed housing units in Amrapali projects in Noida and Greater Noida, NBCC, is now examining a few options in NCR...

GST Council may soon clarify tax exemption to RERA

GST Council may soon clarify tax exemption to RERA

The GST Council is likely to soon clarify that Real Estate Regulatory Authority (RERA) will not be required to pay Goods and Services Tax (GST), an official said. The GST Council is likely to soon clarify that Real Estate Regulatory Authority (RERA) will not be required to pay Goods and Services Tax (GST), an official said. Also Read: Haryana RERA warns Gurugram real estate developers of...

Vijay Singhal appointed as CIDCO’s new managing director | Mumbai news

Vijay Singhal appointed as CIDCO’s new managing director | Mumbai news

Indian Administrative Service (IAS) officer Vijay Singhal was appointed as the new vice chairman (VC) and managing director (MD) of City and Industrial Development Corporation (CIDCO) from the outgoing VC & MD, Anil Diggikar. Singhal is an Indian Administrative Service (IAS) officer from the 1997 batch. (CIDCO Ltd | Official X account) He holds a B.Tech in Civil Engineering from...

Niranjan Hiranandani, Dubai-based son Darshan summoned by ED. What’s the case? | Latest News India

Niranjan Hiranandani, Dubai-based son Darshan summoned by ED. What’s the case? | Latest News India

The Enforcement Directorate (ED) has summoned Niranjan Hiranandani and his Dubai-based son Darshan Hiranandani - the promoters of prominent Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case on Monday. News agency PTI, citing sources, reported that the father-son duo has been asked to depose at the central agency's office in Mumbai. However,...

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