SC Ruling Revives Stalled Housing Projects: Homebuyer Win
SC orders a new developer to finish Supertech Supernova, prioritizing homebuyers over lenders. The decision offers practical hope to revive stalled real estate projects under IBC.
SC orders a new developer to finish Supertech Supernova, prioritizing homebuyers over lenders. The decision offers practical hope to revive stalled real estate projects under IBC.
Haryana proposes Rajiv Chowk as the start of the Gurugram–Faridabad–Noida RRTS to boost all‑day ridership and integration, while NCRTC warns of higher costs and engineering hurdles.
Noida’s 2025 regulations let Noida Authority approve building plans on private land transferred through exchange, cutting court delays and boosting transparency.
RG Group completes phase 1 of RG Luxury Homes in Greater Noida West after insolvency; 1,918 units get OCs, ₹95 crore refunded and construction cost ₹200 crore.
Allahabad HC refused to quash ED proceedings under PMLA in the Grand Venice Greater Noida case, flagged jurisdictional issues and stayed coercive action till charges are framed.
Draft DPR outlines six-station Gurugram-Noida RRTS from IFFCO Chowk to Surajpur, costing around Rs 15,000 crore; debate rages over elevated vs underground.
YEIDA ups minimum LIG plot size from 30 to 40 sqm and raises income cap to Rs 8 lakh, enabling safer, functional homes in Sectors 17-20 along Yamuna Expressway.
YEIDA hires consultant to create a service master plan for water supply, sewerage and stormwater drainage, aligning infrastructure upgrades with Master Plan 2041 for resilient growth.
SC widens an SIT probe into Noida authority to examine past CEOs and officials over inflated land compensation, while assuring farmers won’t be penalised.
GNIDA withdraws benefits from defaulting builders, recovers Rs 1,382 crore and hires Currie & Brown for audits to revive Greater Noida projects for buyers.