Monthly Archives: June 2021

Has insolvency and bankruptcy law failed homebuyers? – ET Realty Five years after the Insolvency & Bankruptcy Code (IBC) was notified, only eight resolution plans for real estate sector have been approved although some 205 cases had been admitted until March 2021, Insolvency & Bankruptcy Board of India data showed. NEW DELHI: Four years ago, […]

Shriram Properties aims to launch Rs 800 crore-IPO before end of August – ET Realty As per the DRHP, the company proposes to raise up to Rs 800 crore through the IPO, comprising Rs 250 crore through fresh issue of equity shares and Rs 550 crore through offer for sale. NEW DELHI: Bengaluru-based Shriram Properties is likely […]

Need to promote construction of green buildings in India: Government | ET Realty Addresing a webinar, Surendra Kumar Bagde, Additional Secretary, Ministry of Housing and Urban Affairs, stressed that a campaign should be run to spread awareness about the marginal cost difference between green and conventional buildings. NEW DELHI: The development of green buildings should be promoted […]

Stamp duty reduction likely to improve homebuyers’ sentiment: Magicbricks Consumer Poll – ET Realty Magicbricks.com is owned by Magicbricks Realty Services, which is a subsidiary of Times Internet. The government-led initiatives like reduction in stamp duty is likely to significantly spur housing demand as more than 80% prospective buyers are of the view that such a move […]