real estate

For hassled homebuyers, an additional layer of protection from delays, hidden charges, substandard construction

Admin2 months ago07 mins

India’s Central Consumer Protection Authority plans to collaborate with the Real Estate Regulatory Authority (Rera) to help homebuyers file complaints, seek compensation, and address unfair contracts with developers, according to two officials familiar with CCPA’s plans. CCPA plans to address issues such as delays in obtaining possession of properties, defective home appliances provided by developers,…

NCLAT upholds insolvency order against Jaiprakash Associate

Admin3 months ago05 mins

In a significant blow to Jaiprakash Associates Ltd (JAL), the debt-ridden parent company of the distressed Jaypee Group, the National Company Law Appellate Tribunal (NCLAT) on Friday dismissed its appeal challenging the company’s admission into insolvency. This decision affirms the National Company Law Tribunal’s (NCLT) 3 June order, which admitted JAL into insolvency proceedings based…

Microsoft India buys 25-acre land parcel near Hyderabad for more than ₹181 crore

Admin3 months ago05 mins

Microsoft Corporation (India) Private Limited has purchased 25 acres of land for ₹181.25 crore in Mekaguda near Hyderabad, according to property registration documents accessed by Propstack. ₹181 crore. (Picture for representational purposes only)(Reuters)” title=”Microsoft India buys 25-acre land near Hyderabad for more than ₹181 crore. (Picture for representational purposes only)(Reuters)” /> ₹181 crore. (Picture for…

Asset JGT’s super luxury residential project begins construction in Kochi

Admin4 months ago02 mins

Asset JGT, a joint venture between JGT Living Spaces — a CGH Earth Group company with over seven decades of experience in the hospitality industry — and Asset Homes has begun construction of its first project, Anandamalika, in Kochi. The announcement was made by Asset Homes brand ambassadors Prithviraj and Asha Sarath. The project will…