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economy
Amrapali buyers want government to help in construction

File photoNOIDA: Homebuyers from multiple Amrapali housing projects gathered at the builder’s corporate office in Sector 62 on Sunday and demanded that the state government should facilitate funds to start construction of pending projects. The buyers said they would be staging continuous protests every Sunday hereafter till their demand is not met.Homebuyers claimed, while the…

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economy
NCLT admits insolvency plea against Parsvnath Landmark Developers

The National Company Law Tribunal (NCLT) has given its approval to start the insolvency proceedings against realty firm Parsvnath Developers’ subsidiary, which is developing a housing project in the national capital. The NCLT, Delhi, has admitted an insolvency petition filed by three home buyers against the subsidiary firm – Parsvnath Landmark Developers – for inordinate…

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economy
Noida: Lotus Panache buyers file police complaint against 3C

NOIDA: Homebuyers of Lotus Panache on Friday lodged a complaint with the economic offences wing (EOW) of Delhi Police against the promoters of The 3C Company for allegedly cheating them and committing financial fraud, a day after the National Company Law Tribunal (NCLT) ordered insolvency proceedings against the developer.A subsidiary of 3C, Granite Gate Company…

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economy
Sachin Bansal buys two properties in Bengaluru for Rs 45 crore

BENGALURU: Sachin Bansal, who came into a fortune following the acquisition of Flipkart by Walmart, is using at least some of that money to buy more property. The homegrown ecommerce site’s co-founder has inked deals to buy two residential properties in the upmarket locality of Koramangala in Bengaluru for about Rs 45 crore, according to…

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economy
Landowners claim pact with Pune’s Marvel Realtors was called off

PUNE: The six landowners named in the complaint lodged on January 11 by Dubai businessman Mukesh Mansukhani against Marvel Realtors moved a sessions court on Monday for anticipatory bail, claiming that they had terminated their contract with the realty firm in December 2017 over alleged breach of terms by the latter.The anticipatory bail plea came…

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