News
High Debts And Delays Continue to Hit Orbit Corporation
In our continuing spotlight on developer delays, we focus once again on Orbit Corporation. It’s been over a year since the management promised to complete work on their projects, yet nothing has been happening on the ground and now more of the company projects are getting seized for non-payment of dues. Orbit Corp Leaves Its
No Service Tax on Under Construction Property: Decoding Delhi HC Judgement
Delhi High Court has recently passed a contentious ruling on levying of Service Tax on under-construction properties. The judgement has left buyers across the country gasping for clarity. We spoke to experts to break down the complicated nuances of this verdict in order to understand its impact and consequences. Below is everything a home buyer
Big Developers, Big Delays: Ansal API
Home buyers in NCR are suffering through a nightmare. Many of them have invested their life’s savings in buying homes from large, branded developers, only to for these projects to stall and grind to a halt. Today, we highlight Ansal API which launched a slew of projects from 2007 to 2012, only for a majority
MHADA Raises Income Slabs For Allotting Affordable Homes
The Maharashtra Housing and Area Development Authority (MHADA) is responsible for creating affordable housing stock in the state, but has faced challenges such as lack of land and rising input costs. The agency is now planning a radical move to raise income slabs that determine who is eligible to buy its homes. MHADA Tries To
