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Monthly Archives: September 2018

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Jaypee buyers seek clarity on resolution professional ...

The homebuyers filed a petition on Wednesday, after some 6,800 of a total of 28,000 investors recently voted against interim resolution professional NOIDA: Homebuyers of Jaypee Wish Town projects have approached the National Companies Law Tribunal (NCLT), seeking clarity on the selection process of the resolution professional for the bankruptcy-hit developer, Jaypee Infratech. The homebuyers filed a petition on Wednesday, after some 6,800 of a total of 28,000 investors …

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Possession of over 15,000 plots stuck since 2009 to be...

  A total of 22,532 plots were allotted to people under the Residential Plot Scheme 1 (RPS 1) in 2009, and legal hassles have been cleared for 15,349 plots, a senior YEIDA official said     NOIDA: The Yamuna Expressway Authority will soon begin handing over to the owners the possession of over 15,000 residential plots which were allotted to them in 2009, officials said Wednesday. …

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Let NBCC finish housing projects in Noida, Greater Noi...

  NEW DELHI: Looking to protect interests of around 3 lakh harassed homebuyers awaitingpossession of flats in Noida and Greater Noida, the Centre has proposed to the Supreme Court that government-owned NBCC take over all unfinished proje-cts and complete construction. The Centre’s suggestion came in the context of various housing projects in NCR being stalled due to real estate companies facing financial crunch and insolvency proceedings and homebuyers being worst sufferers as they are …

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