Defaulting builders’ cases should go to RERA regulators before NCLT

NEW DELHI: Cases related to defaulting builders should be first taken up by regulators under the new real estate law RERA before being referred to the NCLT for insolvency proceedings, realtors’ body NAREDCO has suggested. The association also recommended that any dispute regarding new projects should only be heard by state regulators set up under the Real Estate Act, called […]

Read more

Realty Quarter announced “Real Estate Industry Leadership Awards 2019” in Mumbai on 23rd Feb 2019 |

real estate awards

By Realty Quarter REALTY QUARTER celebrate the highest achievements done by the companies & individuals serving the real estate sector & construction industry. The awards recognize and salute to the excellence and commitment practicing in the industry. Objective of these awards is to promote highest level of professionalism, provide benchmark for best practices, raise industry standards, reinforce the value and […]

Read more

Now, e-apply to transfer tenanted flat in your name

Mumbai To ease woes of thousands living in tenanted properties, who often struggle at civic offices to get them transferred in their name, BMC’s estate department has now started accepting applications online. Under BMC’s ‘Ease of Doing Business’, once an application is submitted, it should be completed within 33 days. Earlier, there was no time limit. Mumbai has 3,505 tenanted […]

Read more

HCC raises over Rs 497 crore from rights issue

Mumbai Infrastructure developer Hindustan Construction Company (HCC) on December 27 raised Rs 497.6 crore through a rights issue. The issue was oversubscribed with HCC getting applications worth Rs 551.38 crore for sale through which it would issue up to 49.75 crore equity shares, the company said in a statement. With this the paid-up equity capital of the company will go […]

Read more

MahaMetro appointed as consultant of CIDCO for Navi Mumbai & Nashik

Mumbai MahaMetro has been appointed as construction consultant of City and Industrial Development Corporation of Maharashtra (CIDCO) for development of Navi Mumbai and Nashik. The Metro agency will help CIDCO in building flyovers and townships and in beautification work. It is on rare occasions that Nagpur-based agencies work for development of Mumbai. These assignments usually go to agencies of Tier […]

Read more

HCC raises over Rs 497 crore from rights issue

Mumbai Infrastructure developer Hindustan Construction Company (HCC) on December 27 raised Rs 497.6 crore through a rights issue. The issue was oversubscribed with HCC getting applications worth Rs 551.38 crore for sale through which it would issue up to 49.75 crore equity shares, the company said in a statement. With this the paid-up equity capital of the company will go […]

Read more

BMC cannot give green nod for constructions

Mumbai For the second time in two years, the Center’s attempts to empower Brihanmumbai Municipal Corporation and other local planning authorities to grant environment clearance for construction projects has been struck down. On December 27, environment secretary Anil Diggikar issued a circular stating that the Delhi High Court in November and the National Green Tribunal (NGT) on December 3 had […]

Read more

Mumbai metropolitan development body draws ire for allotting 311 flats to its employees

Mumbai The Mumbai Metropolitan Regional Development Authority (MMRDA) on December 27 allotted 311 flats in Powai to its employees in the Economically Weaker Section (EWS) and Low-Income Group (LIG) categories, raising the hackles of social activists. In 1986, the state government had allotted 121 hectares of land to Hiranandani Group for constructing houses for EWS and LIG. However, the leading […]

Read more

HCC raises over Rs 497 crore from rights issue

Mumbai Infrastructure developer Hindustan Construction Company (HCC) on December 27 raised Rs 497.6 crore through a rights issue. The issue was oversubscribed with HCC getting applications worth Rs 551.38 crore for sale through which it would issue up to 49.75 crore equity shares, the company said in a statement. With this the paid-up equity capital of the company will go […]

Read more

Mumbai: MHADA allots 300 new houses to Mahul residents

Mumbai A day after Chief Minister Devendra Fadnavis initiated dialogue and action on relocation of project affected persons (PAPs) from Mahul, the Maharashtra Housing and Development Authority (MHADA) allotted 300 houses to some of the residents currently protesting against forced habitation in a neighbourhood dominated by chemical factories. A week ago, MHADA had promised handover of some of the 433 […]

Read more
1 2 3 39