UP-RERA imposes penalty upon an allottee for misuse of process of law
Uttar Pradesh RERA took strong objection to the fourth complaint by this allottee and imposed a cost of Rs 5,000 upon him.
Uttar Pradesh RERA took strong objection to the fourth complaint by this allottee and imposed a cost of Rs 5,000 upon him.
Jewar's economy booms with the new airport, driving land deals and rentals. Local entrepreneurs like Virendra Kumar and Himanchal Sharma seize business opportunities.
The company plans to use the proceeds to strengthen its residential portfolio, as it has lined up projects worth ₹15,000 crore for launch in 2024-25.
The newly-announced investment is over and above the first phase investment and the construction for the second phase has begun, according to a statement.
The Supreme Court will review the validity of the Income-Tax commissioner's assessment of Jaypee Infratech Ltd (JIL), which raised a claim of ₹33,000 crore.
It has offered 15% cash and 85% security receipts for the loans that include one project in Noida and another in Jogeshwari, Mumbai. Phoenix ARC was the only participant in the open auction, the source said.
The National Company Law Appellate Tribunal (NCLAT) on Monday set aside a plea seeking insolvency proceedings against Ansal Hi-tech Township Ltd filed by its homebuyers of a project in Greater Noida.
Noida Authority faces challenges as developers of only 14 out of 57 projects sign up for UP govt's rehab package. Slow progress in submitting dues affects flat registrations, despite efforts to expedite the process.
Altogether, the implementation of recommendations of Amitabh Kant committee on legacy stalled projects has paved the way for the registration of 15,000 flats in 94 projects in Greater Noida, it said in a statement.
According to data from the department, revenue rose by 18.8% from Rs 3,018 crore in the previous fiscal to Rs 3,585 crore in 2023-24.
Yamuna Expressway Authority had recently announced it would approve the maps of houses to be built on 600 plots that were registered if the owners agreed to pay 64.7% additional compensation to farmers.