Repo Rate Unchanged: Infrastructure and construction sector continued to show solid growth says MPC

By Rohit Sharma NEW DELHI: The Reserve Bank of India in its fourth bi-monthly statement, issued on October 5, on the basis of an assessment of the current and evolving macroeconomic situation at its meeting, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per

UP Govt recommends 9 solutions for completion of stalled housing projects in Noida, Yamuna Expressway

By Accommodation Times Bureau NEW DELHI A High-Level Committee of the Uttar Pradesh government has come out with recommendations aimed at providing a solution to the completion of homes in the stalled projects of Noida, Greater Noida and Yamuna Expressway. The Committee was constituted by the State government vide order dated 18th

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