Tag: Real estate news
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...
Realty Insolvency Cases Show 62% Success Rate, Customized Code May Boost Resolution
In the realm of insolvency and bankruptcy cases within the real estate sector, a significant progress has been observed in terms of resolutions, despite...
UP-Rera Urges Government to Separate Flat Registration from Financial Dues
The Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) has put forth a recommendation to the Uttar Pradesh government, proposing the de-linking of financial dues...
Record-breaking Housing Sales of Rs 3.47 Trillion Achieved in FY23: Anarock Report
In a recent report released by property consultancy firm Anarock Group on Monday, it has been revealed that the residential real estate market in...
IITGNL Launches Group Housing and Commercial Plot Schemes in Greater Noida, Aims for Revenue of Rs 720 Crore
Greater Noida: Integrated Industrial Township Greater Noida Ltd (IITGNL), established under the Delhi-Mumbai Industrial Corridor (DMIC) plan, has unveiled new schemes for three group...