Tag: real estate
SC Sends Gopal Ansal To Jail For One Year
The Supreme Court on Thursday said real estate baron Gopal Ansal will undergo one year in jail in connection with the Uphaar fire tragedy which killed 59 people.....
'Justice Not Done', Say Uphaar Victims Families
The Supreme Court verdict of one year sentence on real estate baron Gopal Ansal has come as a "big disappointment", members of the Association of Victims of Uphaar Tragedy (AVUT) said on Thursday, adding they have "lost hope" in the judiciary system of the country.....
SC Stalls Centre's Takeover Of Unitech
The Supreme Court on Wednesday stayed an NCLT order suspending real estate major Unitech's directors and allowing the Centre to appoint its nominees in their place.....
Cabinet Approves 100% FDI In Retail, Construction
In major changes liberalising foreign direct investment in key sectors, the Union Cabinet on Wednesday approved 100 per cent foreign investment in single brand retail trading (SBRT) and construction development and decided to open up Air India for FDI up to 49 per cent.....
Dubai Finalises Pact With Haryana For Economic Growth
The tour of Dubai by Haryana Chief Minister Manohar Lal Khattar has yielded results as the Dubai government has finalised a memorandum of understanding (MoU) with the state for cooperation in economic activities like investment promotion and land development, including real estate development, industrial parks, IT parks and multi-purpose towers, etc. ....
Model Builder Buyer Agreement To Protect Home Buyers Soon, Centre To SC
The Centre has told the Supreme Court that it would develop a model builder buyer for sale containing 'core' clauses in consonance with the mandatory provisions of the Real Estate (Regulation and Development) Act 2016, for the protection of home buyers. ....
Note Ban Will Hit Property Sales By 20-30% This Year: Fitch
Disruptions caused by demonetisation and the general caution on the part of buyers will hit property sales in India by at least 20-30 per cent in 2017, Fitch Ratings said in its latest report.....
For Pro-poor Thrust, Budget Focus On Housing, Infrastructure Must
Considering that the welfare of the poor and middle class is the priority area of the government and the assembly elections manifestos of all the major political parties centre around housing and urban development, this year's budget is expected to give a major thrust on real estate housing & infrastructure.....
PMO Discusses Ways To Involve Private Players In Government Housing Schemes
Prime Minister's Principal Secretary Nripendra Misra on Saturday chaired a meet to discuss ways to involve private real estate developers in the government's ambitious 'Housing-for-all by 2022' scheme.....
GST Impact To Slowdown India's 2017-18 GDP Growth To 6.5%
Implementation of GST and subsequent slowdown in the manufacturing sector is expected to drag down India's growth to 6.5 per cent in 2017-18, official data showed on Friday.....
