Real Estate industry will have to formalise itself: Arun Jaitley

By Accommodation Times Bureau NEW DELHI The Union Minister, Arun Jaitley in a written article on Friday he said, the new ordinance equates an “allottee” of a “real estate project” to be a person having a commercial effect of borrowing. After the President promulgated the IBC (Amendment) Ordinance, 2018, The official release from

Builders diverted homebuyers’ money to buy expensive luxury cars says Audit

By Accommodation Times Bureau GREATER NOIDA Greater Noida Industrial Development Authority (GNIDA) said, under the first audit, 25 real estate companies have been scanned in the city and out of that at least five realtors who are constructing group housing projects in Greater Noida have used the money collected from homebuyers to buy expensive