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Crisis-Hit Supertech Gives Possession Of 6,000 Flats But 15,000 Buyers Still Stuck
Crisis-hit realty firm Supertech Ltd, which is facing insolvency proceedings, has given possession of 6,121 apartments to its customers over the last three years across various housing projects, according to RK Arora, a former director.
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Gurugram Realty Firm "Diverted" Rs 205-Crore Homebuyers' Fund For Sri Lanka Hotel: Probe Agency
A Gurugram-based realty group collected more than Rs 500 crore from home buyers in the name of giving them housing plots but cheated them and "diverted" about Rs 205 crore out of these funds for a hotel project in Sri Lanka
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Godrej's Tanya Dubash-Promoted Realty Firm Buys Mumbai Flat For Rs 226 Crore
Private real estate firm Shaula Real Estates, where the daughter of Godrej Industries Chairman Adi Godrej is a director, has purchased a duplex apartment at Worli for nearly Rs 226 crore.
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Top Court Stays Order Asking Public Sector Company To Build Stalled Supertech Homes
The Supreme Court on Friday stayed an order appointing state-owned NBCC as the project management consultant to complete debt-ridden realty firm Supertech Ltd's 16 housing projects at nearly Rs 9,500 crore cost.
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Reliance To Invest In Brookfield Infrastructure's Data Center Projects
Reliance Industries on Monday said it would invest in special purpose vehicles (SPV) set up by Brookfield Infrastructure and Digital Realty for building data centers in the country.
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SEBI To Auction 15 Properties Of 7 Companies To Recover Investors' Money
Sebi today said it will auction 15 properties of seven companies, including Sunheaven Agro India and RaviKiran Realty India, along with that of promoters and directors on August 21 to recover money illegally collected from investors.
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On 1st Day Of Launch, Hero Realty Sells All Gurugram Plots For Rs 180 Crore
Hero Realty has sold all 77 plots for about Rs 180 crore in its newly launched project in Gurugram. All the plots were sold on June 29, the first day of the launch itself. The selling price starts from Rs 1.99 crore and onwards.
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Realty Firm Chintels' 2 Offers To Gurugram Flat Buyers After Partial Collapse
Realty firm Chintels group has offered to buy back about 180 flats from homebuyers of three towers of its project in Gurugram as they have been declared unsafe after a partial collapse last year.
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After Twin Towers Demolition, Supertech Eyes New Project On Noida Site
Realty firm Supertech Ltd, which incurred a loss of about Rs 500 crore from the demolition of its twin towers, wants to develop a new housing project at the same place.
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Gurgaon Builder Stopped From Selling Homes In 7 Projects After Building Collapse
Gurgaon authorities have stopped builder Chintels Paradiso from selling apartments under its seven projects, a month after a building at the housing complex collapsed.
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Builder To Conduct Project's Structural Audit Day After Gurgaon Building Roof Collapse
A day after partial collapse of its residential tower in Gurugram killed two people, realty firm Chintels India on Friday said the company is cooperating with the local authorities on the incident and would conduct a structural audit of the project
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Refund With Interest Homebuyers Of To-Be-Razed Towers: Supreme Court
The Supreme Court on Friday directed the realty major Supertech Ltd to refund the money with interest to all home-buyers, who have booked flats in now to be razed 40-storey twin towers of Emerald Court project by February 28.
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Delhi Court Sends Ex-Unitech Promoters To Probe Agency Custody
A Delhi court on Tuesday sent ex-promoter brothers of the Unitech realty group - Sanjay and Ajay Chandra - to custodial interrogation for a week in a money laundering case.
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Jaypee Group Apologises To Homebuyers, Says Will Finish Pending Projects
In a fresh attempt to retain control over its realty arm Jaypee Infratech, crisis-hit Jaypee group's promoters Friday apologised to thousands of distressed home buyers and promised to infuse Rs 2,000 crore to complete pending apartments over the next four years.
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Construct 514 Unitech Flats From Auctioned Property Funds: Supreme Court
To the relief of aggrieved home buyers of Unitech, the Supreme Court Tuesday directed the realty firm to construct 514 flats in its five projects out of the funds generated from auctioning of its Kolkata property.
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Crisis-Hit Supertech Gives Possession Of 6,000 Flats But 15,000 Buyers Still Stuck
Crisis-hit realty firm Supertech Ltd, which is facing insolvency proceedings, has given possession of 6,121 apartments to its customers over the last three years across various housing projects, according to RK Arora, a former director.
-
Gurugram Realty Firm "Diverted" Rs 205-Crore Homebuyers' Fund For Sri Lanka Hotel: Probe Agency
A Gurugram-based realty group collected more than Rs 500 crore from home buyers in the name of giving them housing plots but cheated them and "diverted" about Rs 205 crore out of these funds for a hotel project in Sri Lanka
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Godrej's Tanya Dubash-Promoted Realty Firm Buys Mumbai Flat For Rs 226 Crore
Private real estate firm Shaula Real Estates, where the daughter of Godrej Industries Chairman Adi Godrej is a director, has purchased a duplex apartment at Worli for nearly Rs 226 crore.
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Top Court Stays Order Asking Public Sector Company To Build Stalled Supertech Homes
The Supreme Court on Friday stayed an order appointing state-owned NBCC as the project management consultant to complete debt-ridden realty firm Supertech Ltd's 16 housing projects at nearly Rs 9,500 crore cost.
-
Reliance To Invest In Brookfield Infrastructure's Data Center Projects
Reliance Industries on Monday said it would invest in special purpose vehicles (SPV) set up by Brookfield Infrastructure and Digital Realty for building data centers in the country.
-
SEBI To Auction 15 Properties Of 7 Companies To Recover Investors' Money
Sebi today said it will auction 15 properties of seven companies, including Sunheaven Agro India and RaviKiran Realty India, along with that of promoters and directors on August 21 to recover money illegally collected from investors.
-
On 1st Day Of Launch, Hero Realty Sells All Gurugram Plots For Rs 180 Crore
Hero Realty has sold all 77 plots for about Rs 180 crore in its newly launched project in Gurugram. All the plots were sold on June 29, the first day of the launch itself. The selling price starts from Rs 1.99 crore and onwards.
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Realty Firm Chintels' 2 Offers To Gurugram Flat Buyers After Partial Collapse
Realty firm Chintels group has offered to buy back about 180 flats from homebuyers of three towers of its project in Gurugram as they have been declared unsafe after a partial collapse last year.
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After Twin Towers Demolition, Supertech Eyes New Project On Noida Site
Realty firm Supertech Ltd, which incurred a loss of about Rs 500 crore from the demolition of its twin towers, wants to develop a new housing project at the same place.
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Gurgaon Builder Stopped From Selling Homes In 7 Projects After Building Collapse
Gurgaon authorities have stopped builder Chintels Paradiso from selling apartments under its seven projects, a month after a building at the housing complex collapsed.
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Builder To Conduct Project's Structural Audit Day After Gurgaon Building Roof Collapse
A day after partial collapse of its residential tower in Gurugram killed two people, realty firm Chintels India on Friday said the company is cooperating with the local authorities on the incident and would conduct a structural audit of the project
-
Refund With Interest Homebuyers Of To-Be-Razed Towers: Supreme Court
The Supreme Court on Friday directed the realty major Supertech Ltd to refund the money with interest to all home-buyers, who have booked flats in now to be razed 40-storey twin towers of Emerald Court project by February 28.
-
Delhi Court Sends Ex-Unitech Promoters To Probe Agency Custody
A Delhi court on Tuesday sent ex-promoter brothers of the Unitech realty group - Sanjay and Ajay Chandra - to custodial interrogation for a week in a money laundering case.
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Jaypee Group Apologises To Homebuyers, Says Will Finish Pending Projects
In a fresh attempt to retain control over its realty arm Jaypee Infratech, crisis-hit Jaypee group's promoters Friday apologised to thousands of distressed home buyers and promised to infuse Rs 2,000 crore to complete pending apartments over the next four years.
-
Construct 514 Unitech Flats From Auctioned Property Funds: Supreme Court
To the relief of aggrieved home buyers of Unitech, the Supreme Court Tuesday directed the realty firm to construct 514 flats in its five projects out of the funds generated from auctioning of its Kolkata property.
