The Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to streamline the insolvency process for real estate companies and enhance protection for homebuyers. For thousands of buyers awaiting …
delayed real estate projects
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Real Estate
NBCC moves SC to complete stalled projects of realty major Supertech Ltd
by Adminby AdminNew Delhi, Sep 24 (PTI) The state-owned NBCC on September 24 moved the Supreme Court seeking to develop and complete embattled realty major Supertech Limited’s 17 stalled or partially built …
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Real Estate
India’s 21 big realty firms sell properties worth โน35k cr in June quarter; Godrej Properties tops list
by Adminby AdminNew Delhi, Sep 1 (PTI) India’s 21 major listed real estate developers have together sold properties worth nearly โน35,000 crore during the latest June quarter with Godrej Properties reporting highest …
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Real Estate
Almost 2000 housing projects stalled across 44 cities, Greater Noida tops the list: PropEquity
by Adminby AdminAlmost 2000 under construction housing projects totalling over 5 lakh units across 44 cities have been stalled on account of financial mismanagement by real estate developers and lack of execution …
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Real Estate
Average time taken to complete real estate projects lowest in Chennai, Hyderabad and Bengaluru
by Adminby AdminWhile the average completion time for large real estate projects across the country was down by 20% to 4.9 years in H12024 from 6.1 years in 2019, it was the …