Uttar Pradesh seeks list of builders handing over flats without registries| Draft policy bars defaulters from bidding for group housing projects in UP
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UP govt has asked development authorities to prepare a list of builders who have handed over flats to buyers on the basis of occupation certificates but without executing registries.
A draft policy for standardising allocation of land for group housing projects across three industrial development authorities proposes to bar developers listed as defaulters by either of the three development authorities or companies that are helmed by a promoter who has defaulted on a previous project from bidding.
Observing that there are no chances of the immediate commencement of the trial and no time frame can be decided for its conclusion, considering the voluminous records and witnesses to be examined, a special court on Tuesday granted bail to developer Sanjay Chhabria of the Radius Group.
Digital real estate platform Blox has acquired 11 per cent stake in real estate brokerage firm Guardians for USD 12 million.
Nexus Select Trust has reported a decline of 56.16 per cent in its net consolidated profit during the quarter ended September 30, 2024
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