NGT orders demolition of Godrej Properties & Wonder Projects Development’s project

NEW DELHI: The National Green Tribunal Friday quashed the environmental clearance (EC) granted to a high-rise luxury project by Godrej Properties Limited and Wonder...

Adani Enterprises gets 34,275-sq-m of land in Noida for data centre

New Delhi: Gautam Adani-led Adani Enterprises has been allotted over 34,275 sq metre of land in Noida to set up a data centre for...

Air India sold its 115 properties for Rs 738 crore since 2015: Govt

New Delhi: Air India has sold its 115 properties for Rs 738 crore since 2015 to offset its debt, Minister of State for Civil...

Realtors say up to two-year delay likely in delivery of flats in Delhi-NCR

NOIDA: The completion timelines of flats in various stages of construction in Delhi-NCR could stretch up to two years, realtors’ associations Naredco and Credai...

Government targets Rs 720 crore from 8% stake sale in HUDCO

NEW DELHI: The government's up to 8 per cent stake sale in HUDCO at a floor price of Rs 45 apiece would open for...

Real estate sector loans worth USD 18 bn under severe stress: Report

Kolkata;  Around USD18 billion loans of the overall lending to the real estate sector by banks, NBFCs and housing finance companies (HFCs) are under...

Need for relaunch of PMAY scheme with in-built credit-linked insurance: CII

NEW DELHI: Industry chamber CII on Sunday called for relaunch of the Pradhan Mantri Awas Yojana (PMAY) scheme with mandatory life insurance for all...

IFC lends Rs 1,875 crore to HDFC to promote affordable green housing finance

NEW DELHI: International Finance Corporation (IFC), a private sector investment arm of the World Bank Group, has decided to provide loan of USD 250...

Second-hand flat buyers have same rights as original allottees: SC

NEW DELHI: In a major relief to homebuyers who purchased flats from original allottees but were not delivered the apartments, the Supreme Court on...

Office space leasing touch 10.9 million sq ft in top six cities: Report

NEW DELHI: Leasing activity across six major cities in India during the first half of 2021 dragged to a six-year low, according to a...