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Debt-laden Supertech offered 9,705 flats across 18 residential projects to their owners without obtaining occupancy certificates from the respective development authorities, according to a report prepared by the realty firm’s interim resolution professional. The Interim Resolution Professional (IRP) Hitesh Goel has submitted the status report about the company to the National Company Law Appellate Tribunal […]
Union Minister for Housing and Urban Affairs Hardeep Singh Puri on Tuesday asserted that there should be no dilution of the provisions of the Real Estate (Regulation and Development) Act, called as RERA, by states, and assured that the Centre will not bring the “whole template down” even if some states decide to dilute the […]
The Supreme Court on Monday said its number one priority is to ensure that every Amrapali homebuyer gets a flat. A bench of Justices U U Lalit and Bela M Trivedi was told by the court receiver, senior advocate R Venkataramani, that initially they have issued a list of around 8,000 flats which were not […]
Property consultant India Sotheby’s International Realty has suggested that the Delhi government should amend its realty law RERA to bring more projects and brokers under its ambit in order to protect homebuyers in the national capital. In its white paper ‘Towards A Healthier Real Estate Market in the National Capital’, the consultant pointed out that […]