chandra prakash

Noida: Nearly 4,000 homebuyers are set to benefit as Noida Authority board has allowed a co-developer to complete four stalled group housing projects developed by debt-ridden Supertech Ltd in the city. The clearance paves the way for Apex Group to step in and revive The Romano in Sector 118, North Eye and Cape Town in Sector

Noida: Filmmaker Boney Kapoor has announced that the groundbreaking ceremony for the Film City project will be held before June 30 in YEIDA’s Sector 21. Leading the Bayview Bhutani Filmcity Pvt Ltd consortium, Kapoor emphasised strict adherence to the concession agreement’s terms, with core infrastructure development, including film studios and an institute, scheduled for completion

The Enforcement Directorate seized Rs 1.70 crore in cash and property documents during raids conducted at 15 locations across Delhi, Noida, Ghaziabad and Mumbai against Jaypee Infratech Ltd, Jayprakash Associates Ltd and other entities on May 23. The searches were carried out under the Prevention of Money Laundering Act in connection with an alleged homebuyers’

CHENNAI: Despite reduction of unsold stock inventory and signs of recovery in the affordable housing segment, it has not enthused developers. Poor conversion rates, spiralling construction costs and unsustainable margins are posing a grave challenge to the affordable housing market. This has resulted in several developers keeping away from launching new projects in the segment.