Tag: Real estate news
Noida Authority Targets Recovery of Rs 7,000 Crore Dues with Escrow Accounts for Real Estate Developers
To safeguard against the diversion of funds and ensure timely payments, the Noida Authority has called upon real estate developers to jointly open escrow...
Revamping Urban Planning: A Key to Attracting Investments, Says Housing Minister Hardeep Puri
Housing Minister Hardeep Singh Puri emphasized the significant role of urban planning reforms in making Indian cities appealing destinations for investments. He made these...
UPRERA Enables Collaboration for Completion of Stuck Projects in Ghaziabad
The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has taken a noteworthy step in addressing the challenges faced by homebuyers and promoting the timely...
YEIDA Acquires 3,340 Acres for Planned Development in Noida
In a bid to expedite planned development and address the concerns of defaulting property allottees, the Yamuna Expressway Industrial Development Authority (Yeida) has announced...
NCLT Approves Ace Infracity’s Resolution Plan for Debt-Ridden 3C Homes, Offering Hope to Allottees
In a significant development, the National Company Law Tribunal (NCLT) has granted approval to the resolution plan submitted by Ace Infracity Developers for the...
ITAT Mumbai Allows Taxpayers with Multiple Co-Owned Homes to Claim Tax Benefits on Capital Gains
Taxpayer co-owning more than one home can claim benefit: ITAT, ET RealEstate MUMBAI: The Income-tax Appellate Tribunal (ITAT), Mumbai bench, has held that co-ownership...