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Buyers May Get First Claim On Insolvent Builders' AsThe Insolvency and Bankruptcy Code places consumers right at the end of the queue when it comes to distribution of assets if a company is liquidated, a fault the corporate ministry might correct soon. According to media reports, proposed amendments by a panel will be presented before the ministry to improve the resolution mechanism. Homebuyers could be brought in the category of secured financial creditors in insolvency proceedings.
City Beat: Ministry Of Urban Development Inks Pact TUnder the project, 12,970 existing houses will give way to 25,667 apartments.
How False Ceilings Can Make Your Home Look Truly BeaA look at what a false ceiling is and what its advantages and disadvantages are.
Know Your Tax Benefits As A HomebuyerMakaanIQ talks about the tax benefits you can avail of on a home loan.
Jaypee To Deposit Rs 600 Cr In Instalments ; BuyersJaypee group has identified certain assets which it can sell to deposit Rs 600 crore that will be used to refund the aggrieved homebuyers. The assets include a cement plant at Rewa in Madhya Pradesh.