News articles tagged COVID 19

CREDAI-MCHI urges Maharashtra Government to cut stamp duty to 2%

CREDAI-MCHI urges Maharashtra government to reduce stamp duty to 2% in Mumbai to revitalize housing demand amidst the COVID-19 pandemic, citing reduced sales and state revenue.

NAREDCO urge builder to make isolation cabin for construction worker

Naredco has urged developers to establish isolation facilities for Covid-impacted construction workers in Noida, Greater Noida, and Yamuna Expressway area.

Builders asking for support of RBI to deal with Covid second wave

Real estate developers are requesting loan restructuring, interest moratoriums, and more liquidity support from the RBI after their Covid relief package announcement.

Effect of COVID-19 second wave on the real estate sector!

India's second COVID-19 wave threatens real estate recovery, impacting office and housing markets. Experts predict varying effects on sales and demand.

UP-RERA postpone physical hearing of complaints

UP-RERA suspends physical hearings from May 1st due to rising COVID-19 cases, shifting to virtual hearings via e-courts.

UPRERA Prolonged Project Deadlines Amongst Covid-19

UPRERA extends project registration validity by three months due to the national lockdown. Deadlines for project completion and other statutory compliance are also extended.

Godrej Properties Get Hold Of Ceear Lifespaces

Godrej Properties has acquired Ceear Life Spaces (CLPL) making it a wholly owned subsidiary. The acquisition aims to develop land in Thane. Operations are affected by COVID-19.

Covid Effect: Government To Ease Resolution Rules For Bankrupt Firms

The finance ministry is considering waiving the 21-day national lockdown period from the bankruptcy resolution process due to COVID-19 outbreak, potentially extending it further.