Delhi-NCR's prime residential market Gurugram saw a 10 per cent rise in housing sales during January-March, but demand fell in Noida and Greater Noida by 23 per cent, according to Anarock. Strong demand for luxury homes led to the rise in house sales in Gurugram.(HT File) Market experts attributed the rise in sales in Gurugram to strong demand for luxury homes. Also read: Housing sales up 14%...
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NCLT has directed initiating insolvency proceedings against Bengaluru-based real estate firm Mantri Developers admitting the plea filed by Indiabulls Housing Finance Ltd. The aggregate amount claimed to be in default is ₹456.68 crore in five loans.(Reuters File) A two-member bench has also suspended the board of Mantri Developers and appointed Ahsan Ahmad as the interim resolution...
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