Maxesta

23/09/2021

The national consumer commission has sentenced Supertech MD, Mohit Arora, to three years in jail for failing to refund a homebuyer after not handing over possession of his house in UP's Yamuna Expressway Industrial Development Area (YEIDA) for several years.

The commission directed that its order shall come into effect after seven days if the builder fails to deposit around Rs 1.79 crore

31/08/2021

The two towers, comprising over a thousand flats, were declared illegal by the Allahabad high court, which had in 2017 directed their demolition and the builder was ordered to refund the amount to homebuyers who booked flats in those two towers in its Emerald Court project in Sector 93A in Noida.

In a major blow to real estate company Supertech, the apex court on Tuesday directed it to demolish two additional 40-storey towers in one of its hous

11/07/2021

Homebuyers and activists say they have problems getting crucial information about projects since the RERA website has failed to provide project-wise details. As a result, people continue to invest in projects without full information about their legality.

The Karnataka Real Estate Regulation Authority (K-RERA), which completes its fifth year on Saturday, has failed to fulfil its purpose of bringing transparency to the sector. Homebuyers and activists say they have problems getting crucial information about projects since the RERA website has failed t...

15/04/2021

Shrinking demand for traditional leases.

Paras Arora, CEO, Qdesq, India's largest tech-enabled marketplace for flexible workspaces, talks about key trends

30/03/2021

With rising residential sales, commercial real estate has also started showing sings of revival, which is definitely good news for the realty sector.

Commercial leasing activities have picked up momentum in the ongoing quarter and even before, though they are yet to return to the pre-COVID-19 levels.

30/03/2021

Check out 10 important legal aspects to consider when buying a flat/commercial unit in a ready-to-move-in building.

16/03/2021

or will soon be becoming a hot trend in the Indian sector. Now you can own stakes in any in any city starting from 2 lakhs, earn a premium, earn rental, no lockable conditions to sell will be some glittering perks of this new emerging property market.

Fractional real estate, as the concept is known, allows investors to buy, say, 2% of a vacation home for a minimum of ₹2 lakh and use it for their weekend getaways in addition to earning rental income

12/03/2021

Haryana government’s plan to impose a 2% additional duty on the transfer of immovable properties, will put Gurgaon’s real estate market at a disadvantage, according to property developers.

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“Gurgaon deals will be hampered, especially in the ready-to-move in property segment, where the buyer has to pay the stamp duty on transaction. At this time, when people are consolidating their real estate portfolio into a better upgraded home to live in, this move might push home buyers towards u...

06/03/2021

The district administration has identified 1,310 hectare of land for acquisition for the second phase of the Noida International Airport (Jewar Airport) project.

Officials have informed that the land acquisition for the second phase of the upcoming Noida International Airport Limited (NIAL) will begin soon.

02/03/2021

The has been asked to present a DPR for the development of driverless pod taxis connecting the upcoming international with in Uttar Pradesh.

The DMRC has been asked to present a DPR for the development of driverless pod taxis connecting the upcoming Jewar international airport with Greater Noida in Uttar Pradesh.

23/02/2021

Rs 2,000 cr for six runways at Jewar airport, Rs 5,000 cr for Ganga Expressway land.

In a push for infrastructural development, the government allocated Rs 5000 crore for acquiring land for the “Ganga Expressway project” – from Meerut to Allahabad – from the funds raised from monetisation of toll collection of Agra-Lucknow Expressway.

13/02/2021

Uttar Pradesh RERA deregisters two projects of Ansal API.

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