The Supreme Court
Recent order by the Allahabad High Court for the demolition of unauthorized construction in Noida could prove to be a tip of the iceberg as rampant illegal construction is being carried out in other Sectors too as claimed by the farmers’ body of the region. They said unauthorised structures have been raised by several builders [...] Continue Reading »
The Supreme Court has put stay on a July 23 Haryana High Court ruling, providing temporary relief to TC Gupta, director general of the town and country planning department in Gurgaon. Gupta was found guilty of allowing residential complexes in Gurgaon by issuing license to Anant Raj Industries for construction of housing colonies, despite the [...] Continue Reading »
Private equity (PE) funds have become conscious regarding the investment into real estate in India. Now a days, the PE firms are showing less interest in investing in start up projects, since most of the earlier investments have not shown the expected appreciation so far. Moreover, the project delays also worries the PE investors. $359 [...] Continue Reading »
