Real Estate News Update for January 10

Welcome to the latest edition of ETRealty's daily newsletter, RealtyDigest! Through this especially curated newsletter, we aim to provide the latest real estate and allied industries' news, views, market trends, reports, video interviews and much more to help you navigate the world of real estate.

Subscribe and Stay Tuned for daily updates!

Regulatory

CBI names Chintels India's CMD, seven more in Paradiso cave-in chargesheet

GURUGRAM: Chintels India CMD Ashok Solomon and seven others were named by the CBI in a supplementary chargesheet it filed before a Panchkula court on Tuesday in the probe into the collapse of flats at Paradiso, the Sector 109 housing society, in February 2022 in which two residents died.

Read More >

Industry

MahaRERA brings in three-level scrutiny for housing projects’ registrations

The Maharashtra Real Estate Regulatory Authority (MahaRERA) will be undertaking a three-level scrutiny of housing projects that will be registered to ensure zero complaints from homebuyers and better compliance on developers’ part.

Read More >

Regulatory

NCR: Six builders made Rs 600 crore cash transactions to evade tax

NOIDA: On the sixth day of I-T raids on the premises of six real estate companies in Delhi-NCR, officials said the companies made cash transactions of over Rs 600 crore. The companies allegedly sold units in commercial and residential projects in cash to evade tax.

Read More >

Hospitality

NCLAT sets aside insolvency proceedings against Asian Hotels West

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Tuesday set aside insolvency proceedings against Asian Hotels (West), which operates Hyatt Regency, Mumbai.

Read More >

Industry

Noida: Rudra Buildwell Homes' promoter hospitalised after arrest over pending dues

NOIDA: A real estate group promoter was hospitalised after he complained of chest pain following his arrest over non-payment of dues amounting to Rs 40 crore, officials said on Tuesday.

Read More >

This is a condensed version of?ETRealty?Newsletter! Get the full version by subscribing here !

www.etrealty.com is an online resource for the latest news, analysis, and insights on the Indian real estate market. Our website provides comprehensive coverage of the real estate sector, including residential and commercial properties, infrastructure developments, and regulatory updates.

Follow us here for more updates!

LinkedIn: https://www.dhirubhai.net/company/et-realty/

Twitter: https://twitter.com/Realty_ET

Facebook: https://www.facebook.com/ETRealty

Instagram: https://www.instagram.com/et.realty/