Real estate developers welcomed the government’s move to create a Rs 25,000-crore fund to help complete over 1,600 stalled housing projects, saying it will solve the long-pending problem of homebuyers. “It’s a very welcome change from the initial announcement (of 14 September). Now the only criteria for eligibility are networth positive projects,” real estate developers association CREDAI chairman Jaxay Shah said.
Author: PTI
Lenders unanimously have called for a one-time restructuring mechanism to save the tens of hundreds of stalled realty projects with an additional funding option to help such projects get completed. The demand came ahead of the government approving setting up of a Rs 25,000-crore bailout fund to finance as many as 1,600 stalled housing projects.
The Supreme Court today dismissed a plea filed by a death row convict seeking review of its verdict affirming capital punishment imposed on him for “horribly” gang raping a minor girl and later killing her along with her brother in Coimbatore in 2010.
There have been no talks yet between RSS chief Mohan Bhagwat and Shiv Sena president Uddhav Thackeray on government formation in Maharashtra, Sena leader Sanjay Raut said today.
The UPA’s decision to engage with RCEP nations and the Congress’Â advice to the Modi government to not sign the trade deal were both correct as the difference between 2012 and 2019 is the “parlous” state of the economy, senior party leader P Chidambaram said today.
To mark 70 years of the adoption of Indian Constitution, a joint sitting of the both houses of Parliament will be be held on November 26 and is likely to be addressed both by President Ram Nath Kovind and Prime Minister Narendra Modi, sources said today.
The Khorasan group of the Islamic State terror group that operates in South Asia attempted a suicide attack in India last year but failed, the top American counter-terrorism official has told lawmakers.
Khan bragged to the sources about his decades-long experience in international drug trafficking, including that he had once transported 114 tons of drugs in a single year, including 64 tons of hashish. Within weeks of first meeting the confidential sources, Khan travelled to the Maldives to meet with the undercover agent.
Prosecutors say British backpacker Grace Millane met her killer on the dating app Tinder, and they appeared to be enjoying themselves as they visited several bars before going back to his downtown Auckland apartment.