Latest Breaking News On - Anarock capital - Page 1 : comparemela.com
RBI s draft norms may delay loan sanctions, say realtors - Banking & Finance News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Global investors bet big on Indian real estate again; billions of dollars in the offing
rashtranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rashtranews.com Daily Mail and Mail on Sunday newspapers.
Spurt in credit to real estate as housing sales boom
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
In a relief to homebuyers, assets in a real estate project that have been handed over to the allottee would be kept out of the liquidation process of the company, the latest amendment to the rules by the Insolvency and Bankruptcy Board of India (IBBI) has said.
The notification dated February 12 said: For the purposes of clause (e) of sub-section (4) of section 36, wherever the corporate debtor has given possession to an allottee in a real estate project, such asset shall not form a part of the liquidation estate of the corporate debtor.
Real estate experts call it a pragmatic approach by the regulator. However, there are many cases where possession has not been given because the property is stuck in insolvency.