Handing over flats is not just a matter of securing revenues for the state, there are other issues that should be kept in mind too like fire, water, safety etc.

RERA initiate a census of all delayed projects and pass seizure order along with auction of seized assets if it finds that funds have been diverted.

Homebuyers had reason to cheer with the IBC and RERA offering them protection of investments and enabling action against errant developers.

The biggest changes have been proposed in unit area values and use factor. The age factor, occupancy and structure factors have remained unchanged.

The first project is coming up on the outskirts of Bengaluru and will have 2,000 units spread over 22 acres of land in Nelamangala.

DDA vice chairman Tarun Kapoor at a press conference here said several flats are under construction and by the "next six months, about 25,000 flats would be ready".

Noida Expressway enjoys proximity to markets, offices and schools and this makes the NCR locality attractive to all kinds of home buyers.

According to JLL data, Mumbai’s share in total office leasing in co-working sector tripled to 21% during January – September 2018 compared to 7% in the corresponding period of last year.

It said that the issue of compensation was already decided by civil court of Pune.

Sections of developers and home buyers are disappointed that the authority is acting more like another urban civic body rather than learning from KERC.

Homebuyers in Amrapali projects want the Supreme Court to direct probe against the realty giant for diverting their money through dubious transactions.

The report was prepared under proceedings of Insolvency and Bankruptcy Code initiated against the company by the creditor bank after the company failed to pay it back.