User: IIHSDELHI Topic: iihs_land_newsletter_v2
Category: All-Channels :: RERA
Last updated: Dec 07 2019 13:22 IST RSS 2.0
 
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4 key challenges in Indian real estate segment 7.12.2019 Business | The Asian Age
The sector is currently in the midst of challenging times owing to a variety of economic factors.
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Mohanty releases DeSa’s book ‘Disrobing of Dropadi and other Stories’ 5.12.2019 Central Chronicle
Bhopal, The Chief Secretary Sudhi Ranjan Mohanty released a book ‘Disrobing of Dropadi and other Stories’ written by the Former Chief Secretary and Chairman of RERA Antony DeSa (Tino) at Arera Club today. Mohanty said that the variety of emotions, administrative experience of initial years, detailed objective description and effective sentence formation make the book […]
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Supply of ready-to-move-in houses set to increase: Report 2.12.2019 The Navhind Times
Nearly 2.75 lakh ready-to-move-in houses will be available in the market by the end of 2020 in the top seven real estate markets of the country. The highest number of these units (68,070) will be delivered in the National Capital Region (NCR), while the least number will be available in Chennai, stated a report released …
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Goa RERA to clear backlog of 60 complaints in 2 months 13.11.2019 The Navhind Times
NT NETWORK Panaji There is a ray of hope for homebuyers falling prey to unscrupulous local builders, with the state Real Estate Regulatory Authority (RERA) on Tuesday promising speedier response to complaints. Around 60 complaints are presently pending with RERA and only six orders have been passed against errant developers so far in the two …
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Dilli Ka Babu: Is deputation to the Centre losing its lustre? 12.11.2019 Opinion | The Asian Age
Rajesh Kumar Singh, an IAS officer who was sacked, has surfaced after 17 years to reclaim his job and get his dismissal revoked.
Is deputation to the Centre losing its lustre? 12.11.2019
It wasn"t too long ago when babus used to vie for a stint at the Centre. But in the Modi era, babus seem to be increasingly reluctant to serve in Dilli. In fact, the government has admitted that the number of IAS officers appointed on Central deputation is the lowest in five years. According to the data with the department of personnel and training (DoPT), only 153 IAS officers were appointed on Central deputation under the Central Staffing Scheme (CSS) in 2018-19, as compared to 247 during 2016-17, 320 in 2015-16, and 340 in 2014-15. The Central Staffing Scheme, which is in operation for decades, provides a systematic arrangement for selection and appointment of eligible officers from the participating services at the level of deputy secretary, director, joint secretary, additional secretary and secretary in the Central government. The case of the prodigal babu Rajesh Kumar Singh, an IAS officer who was sacked, has surfaced after 17 years to reclaim his job and get his dismissal revoked. Mr Singh ...
Profitable Market Prices Must For Survival 11.11.2019 Commentary – The Navhind Times
We need to realise the importance of developing the supporting credit markets and transmission mechanisms to boost sectors TAPONEEL MUKHERJEE Issues that sectors such as residential real estate, credit markets and power generation amongst others have faced in India can be viewed through the lens of the “inability to generate a market-clearing price”. Fundamentally, both …
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‘Reliable services of property agents in interest of consumers and builders’ 9.11.2019 Central Chronicle
Rera chairman Antony Disa at the realtors’ conference Bhopal, RERA chairman Anthony de Sa has said that in the real estate sector, it is necessary for property agents to trust consumers and provide better services. He said that transparent and reliable services of the property agent are in the interest of the builders. Shri Dissa […]
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The real estate bailout: How many will it save? 8.11.2019 Opinion | The Asian Age
While the intention behind the Cabinet decision is good, it is inadequate to solve the real estate crisis.
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Homebuyers can approach banks for loan revival: Govt 7.11.2019 Business | The Asian Age
Homebuyers are advised to reach out to their respective lending institutions to seek necessary guidance.
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Rs 25,000-cr fund not for projects with cases pending in higher courts: Govt 7.11.2019 Business | The Asian Age
Homebuyers can approach banks for loan revival, advised the Governmant.
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Rs 25,000-cr fund not for projects with cases pending in higher courts: Govt 7.11.2019
New Delhi: A day after announcing a Rs 25,000-crore stress fund for stalled housing projects, the government on Thursday advised homebuyers to approach lenders for additional borrowing or revival of their loans, while clarifying that projects facing litigation in higher courts will not be covered under the scheme. The finance ministry also said the maximum funding will be Rs 400 crore for any single project that will be seeking assistance from the 'special window' or the alternative investment fund (AIF) for completion of the 1,508 projects comprising about 4.58 lakh units. "Homebuyers are advised to reach out to their respective lending institutions to seek necessary guidance for additional borrowing or revival of their existing home loans within the existing legal and regulatory framework and standard board approved policies of the lending institutions," said the frequently asked questions (FAQs) issued by the finance ministry in this regard. The FAQs also said the proposed AIF will ...
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Rs 25,000 crore fund to help revive stalled housing projects 7.11.2019 The Asian Age | Home
The move will help relieve financial stress faced by large number of middle-class homebuyers who have invested their hard-earned money.
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Centre approves Rs 25,000-crore fund for stalled housing projects 7.11.2019 National News – The Navhind Times
PTI New Delhi The government on Wednesday approved a Rs 25,000-crore fund to help complete over 1,600 stalled housing projects, including ones that have been declared bad loans or admitted for insolvency proceedings, as it looks to boost growth by steering consumption in real estate and associated sectors. Continuing with steps she began announcing within …
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Govt sets up Rs 25,000 crore fund to kickstart stalled housing projects 6.11.2019 DNA
The proposal announced by Sitharaman in September gets Cabinet nod.
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Milind Naik administers oath to GRERA chief 28.10.2019 Goa News – The Navhind Times
Panaji: Minister for Urban Development Milind Naik administered the oath of office and secrecy to S Kumaraswamy, IAS (retired), who has been appointed as the chairperson of the Goa Real Estate Regulatory Authority (GRERA). The Centre has enacted the Real Estate (Regulation and Development) Act, 2016 and all the sections of the Act came into …
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Housing sales inching towards pre-demon levels 25.10.2019 Business | The Asian Age
The 2013 level is the ultimate benchmark. But if the industry gets back to those levels is a big question.
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We'll soon know how 1993 bombers fled: PM Modi 17.10.2019 India News | Latest News Headlines & Live Updates from India - Times of India
In the backdrop of the ED issuing a notice to Sharad Pawar confidant Praful Patel for an alleged financial deal between a company promoted by his family and the kin of Dawood Ibrahim aide Iqbal Memon "Mirchi," PM Modi said at a rally in Akola on Wednesday it would soon be clear who had helped the perpetrators of the 1993 Mumbai blasts flee and take shelter in "enemy territory".
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Attached properties of Amrapali Group to be auctioned: Supreme Court 15.10.2019 The Asian Age | Home
The court took on record the third report of forensic auditors with regard to the Heartbeat city project of Amrapali and others.
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Attached properties of Amrapali Group to be auctioned: Supreme Court 15.10.2019
New Delhi: To ensure speedy disposal of attached properties of now defunct Amrapali Group of Companies and its directors, the Supreme Court on Monday brought the Metal Scrap Trade Corporation (MSTC) to auction them and deposit the cash with the apex court registry. The top court said that the funds collected through auction of properties will help in speedy completion of stalled projects and bringing back the confidence of home buyers. A bench of Justices Arun Mishra and U U Lalit accepted the suggestion of senior advocate R Venkataramani, appointed as court receiver by the top court for auctioning of the attached properties of Amrapali. The top court directed the relevant documents of the attached properties, which were with the Debt Recovery Tribunal be given to the MSTC, which would auction the assets and deposit the amount with the apex court registry. The top court also asked Orissa State Housing Board, to deposit Rs 34 crore with the apex court registry, which had been deposited by ...
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