Category: Uncategorized
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Jaiprakash Associates will get back land
In 2009-10 under a special development zone (SDZ) scheme in Sector 25, 100 Hectare land was allotted to Jaypee International Sports a subsidiary of JAL for developing a Sports city. In February 2020, YEIDA cancelled JAL’s land allotment over non-payment of dues. JAL claims it’s outstanding amount due to Yamuna Authority stands as Rs 1,483…
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DELHI RERA
That’s a fairly accurate summary of the Real Estate (Regulation and Development) Act, 2016 (RERA). The Act was indeed established by the Indian Parliament to bring transparency, accountability, and efficiency to the real estate sector in India. It aims to protect the interests of homebuyers and promote investments in the real estate industry. RERA requires…