Telangana RERA pulls up Hyderabad builders for failing to complete infrastructure, disclosing details of joint project

The Telangana Real Estate Regulatory Authority (TGRERA) has come down heavily on two Hyderabad-based firms, Suvarnabhoomi Infra Developers Pvt. Ltd. and Maha Infra and Developers, for failing to complete the infrastructure and disclosing details of their joint project, Silpa’s Suvarna Sampada 2, located in Patancheru, Sangareddy district. The Telangana Real Estate Regulatory Authority (TGRERA) has […]

Govt mulling repeal of MOFA, experts say it could spell trouble for flat owners

MUMBAI: The BJP-led Mahayuti government is considering repealing the Maharashtra Ownership of Flats Act, a move experts warn could weaken the rights of housing societies. Walkeshwar – Real Estate – Mumbai Skyline – Housing – Highrise Buildings – Skyscrapers – HT Photo by Vikas Khot 23 Aug 2005 Calling the proposed move “builder-friendly” in a […]

China’s biggest builders hobble toward end of restructurings

(Bloomberg) — Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms are unlikely during a real estate crisis that has triggered $130 billion of defaults. Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms are unlikely during […]