Govindpuram Property

Articles of furniture made of wood are timeless pieces you add to your dream home. It is an obvious choice since wood is a strong, long-lasting and an ageless material which never goes out of fashion. Though they are incorporated in every Indian household, not many of us know the kind of wood that goes into our furniture. MakaanIQ helps you find out.

Government-owned NBCC along with Kotak Investment, Singapore-based Cube Highways and Suraksha Group have been shortlisted to acquire debt-laden Jaypee Infratech. Currently, insolvency proceedings against the company are underway in the National Company Law Tribunal. Last year, when Lakshadweep Pvt Ltd, a joint venture between Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, won the bid to buy the company for Rs 7,350 crore, Jaypee declined the offer on the grounds of undervaluation.

Here is good news for the winners of the Maharashtra Housing and Area Development Authority (Mhada) Lottery 2018. The housing authority has announced a drop of five per cent in the prices of the units allotted under the economically-weaker section (EWS) and low-income group (LIG) categories. The decision came after the authority received many complaints that the prices of the units under the two-mentioned categories were high.

In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.

In what may prove to be a major help for thousands of homebuyers, the Supreme Court (SC) on January 16 indicated it might allow registration of units in Amrapali projects that are yet to receive completion certificates in Noida and Greater Noida. The top court said it might invoke powers of extraordinary jurisdiction under Article 142 of the Constitution to direct for registration of the flats.