Real Estate News Update for May 03
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Regulatory
On April 26, a bench of Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra modified its earlier order asking Noida Authority to approve revised layouts of Unitech on the entire land allotted to the builder without insisting on dues, which exceeds Rs 10,000 crore.
Industry
NEW DELHI: Max Estates, the real estate arm of the Max Group, has executed binding agreements for a potential group housing residential development on 18.23 acres of land with gross development value (GDV) estimated at over Rs 9,000 crore in Gurugram at the back of ~4 million sq ft of development area.
Industry
领英推荐
Bank loans to commercial real estate which also includes residential construction, last fiscal year nearly tripled at 23 percent, excluding the impact of the merger of HDFC with HDFC Bank. Outstanding loans amounted to Rs 3.97 lakh crore.
Industry
NEW DELHI: Realty firm Embassy Group on Thursday said its sales bookings rose 85 per cent in the last fiscal year to record Rs 2,250 crore on strong housing demand.
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