Marra Property

The financial creditors and homebuyers of Jaypee Infratech have extended the deadline till Feb 15 for shortlisted bidders to submit proposal to revive the debt-laden realty firm. The lenders’ panel also decided to extend the bankruptcy resolution process by another 90 days. The process was originally slated to end in May this year.

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.

An archaic law, the Limitation Act favoures trespassers over actual owners.

Here are the live updates of the Interim Budget 2019 tabled by interim finance minister Piyush Goyal on February 1.

Amrapali Chairman and Managing Director Anil Sharma on February 14 received an earful from the country's top court for keeping Rs 94 crore of homebuyers' money in his account even as thousands of buyers wait for their homes. Warning that he might be sent to jail, the Supreme Court directed Sharma to return that money to homebuyers by February 28.