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High value properties rise as big families look to sell jointly-owned homes

Supply of high-value properties in the national capital and other metro cities is being driven by families wanting to sell jointly-owned bungalows in some of the most sought-after residential areas, said top realtors. Most of the properties are either owned by elderly people or by several members of the younger generation. Covid-19 has brought a f


Homebuyers gets priority over banks

Putting the interest of homebuyers above that of banks when a real estate company defaults in repaying bank loans and handing over possession, the Supreme Court held that in case of conflict between the Real Estate (Regulation and Development) Act and recovery proceedings under Securitisation and Reconstruction of Financial Assets and Enforcement o


Soil testing for Joka Metro starts in Maidan

The ground work ahead of soil testing for the much-awaited Joka-Esplanade Metro has started in the Maidan area. This is a milestone for the Metro corridor that has been saddled with several missed deadlines even as it was Chief Minister Mamata Banerjee’s pet project. Chief Minister Mamata Banerjee had flagged off the project in July 2011 a