Latest-Construction-News
Noida Authority to seek EOW audit of builders avoiding rehab package
To date, 22 developers have paid Rs 2.75 billion as part of their recalculated dues.
Adarsh Developers repay Rs 7.5 billion debt to Edelweiss
Edelweiss extended the loan in two tranches, with an initial Rs 4.5 billion disbursed.
New GST notices on leasehold land transfers raise real estate concerns
Leasehold land transfers are akin to the sale of land and should not be taxed under GST.
Unitech resumes South Park construction in Gurugram after a decade
The project initially began in 2011 but was halted after two years.
China plans mortgage rate cuts to support banks and boost economy
Banks are already facing squeezed profit margins, which fell to 1.54% as of June 2024.
Suzlon Energy sells Pune headquarters for Rs 4.4 billion
Suzlon retains an option to repurchase shares and securities of OEBPPL at a later date.
SC grants interim protection to Mumbai builder in cheating case
The court directed that no coercive action be taken against Jain, provided he cooperates.
ED conducts searches on Ramprastha Group in money laundering case
Projects under scrutiny include Ramprastha Rise, Ramprastha City, and Ramprastha SKYZ.
Centre approves 800,000 PMAY houses in Chhattisgarh
The Centre approved 846,931 houses for construction in Chhattisgarh under PMAY.
Centre approves PMAY houses in Chhattisgarh
The BJP government in the state was committed to construct 10,000 houses for these people.
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