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Roadmap to Startup Funding(Event 4PM 21.1.19, Noida)

Roadmap to Startup Funding(Event 4PM 21.1.19, Noida)

As part of our #NationBuilding Initiative and commitment I am regularly conducting workshops on #Startup #Funding and Startup #Mentoring since 2016 wherein no fee is charged from the participants

In past all such workshops were very #successful in terms of #engagement and #excellent feedback of participants

In continuation, We would conduct our next workshop on #StartupFunding on 24.1.19, 4PM…

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Modinomics: Analysing the Impact of Modi Govt. Polices on Indian Economy-Program on 18.1.19, 5.30PM at Noida

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Around 40,00 flats to be delivered this year in Noida: UP-RERA

Around 40,00 flats to be delivered this year in Noida: UP-RERA

At least 40,000 flats in Noida and Greater Noida are set to be delivered in 2019, officials at the Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) have said. They have arrived at the figure after carrying out a series of inspections of housing projects last month. Most of these projects are registered with the regulatory body and are in their final stages of completion. In their review…

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Do More and More Plantation to Control the Pollution Pollution level in our country is increasing day by day. One way of controlling pollution is to do more and more plantation.

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DTCP cancels licences of 31 ongoing real estate projects across Haryana

DTCP cancels licences of 31 ongoing real estate projects across Haryana

The department of town and country planning (DTCP) has cancelled licences of 31 ongoing real estate projects across Haryana for violation of norms. The order from the department further stated that directors of these real estate companies could be debarred from getting project licences in the future.

The maximum number of cancelled projects are in Gurugram. Out of the 31 projects, 14 are in…

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After demonetisation, liquidity crunch may inflict more pain on real estate sector Two years ago, demonetisation caused upheaval in many sectors and the real estate sector also had to bear the brunt.

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Over 80 villagers arrested for stalling work at Wave's project in Greater Noida

Over 80 villagers arrested for stalling work at Wave’s project in Greater Noida

At least 84 people have been arrested over the past two days for staging a protest outside an under-construction project of the Wave Group in a Greater Noida village over additional compensation.

The protesters, from whom land had been acquired in Kacheda village in 2010 for a housing project called Hightech City, have refused to hand over the land, demanding 64% of the amount already paid to…

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UP-RERA Orders Forensic Audit of Ansals Projects

UP-RERA Orders Forensic Audit of Ansals Projects

The Real Estate Regulatory Authority (RERA) of Uttar Pradesh has ordered a forensic audit of Ansal Group of Housing and set up an observer to monitor its financial activities after a flood of complaints from buyers.

After hearing a series of complaints and views put forth by the developer, the bench of RERA members Balwinder Kumar and BP Singh ruled that the activities of Ansals be restricted as…

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MAHA-RERA initiates actions against 120 Developers in Pune and Mumbai We are hearing cases against 120 out of the 300 developmental projects that was identified by the MAHA-RERA.

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How developing economies can get more out of their infrastructure budgets

How developing economies can get more out of their infrastructure budgets

In developed economies, policies and practices for balancing diverging interests in public infrastructure spending are well established. South Korea, for example, established the Public and Private Infrastructure Investment Management Center in 1999 to conduct feasibility studies on large public investments and expanded its mandate to include appraising and managing public–private infrastructure…

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Only registered valuers can do valuation under IBC from February 2019

Only registered valuers can do valuation under IBC from February 2019

From February next year, only entities registered as valuers with the IBBI can carry out valuation of assets under the insolvency law, according to a circular.

The registration of valuers is done by the Insolvency and Bankruptcy Board of India (IBBI). Valuation of assets is a key factor for an “informed decision making” under the Insolvency and Bankruptcy Code (IBC).

“With effect from February…

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Uttar Pradesh Real Estate Authority begins process for buyers to complete own housing projects In an unprecedented move, Uttar Pradesh (Real Estate Regulatory Authority) RERA has formally initiated a process where buyers can take over and complete their housing projects.

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Buyers can seek higher compensation than what is specified in contract: NCDRC

Buyers can seek higher compensation than what is specified in contract: NCDRC

Builders can’t hide behind the clause in the builder-buyer agreement to pay Rs 5 per sq feet per month as compensation for delay in handing over flats for “unreasonable” period and the buyers have the option to seek higher compensation after taking possession of the property or seek refund of the amount paid, the NCDRC has ordered. The compensation would also be in addition to the refund amount…

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UP-RERA orders on 200 cases next week, focus on Eight Builders

UP-RERA orders on 200 cases next week, focus on Eight Builders

The Greater Noida Bench of the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) will issue 200 orders next week of a total of 490 complaints that it has heard since September, a Bench Member said on Friday.

However, some 4,000 complaints related to issues over flats from the twin cities, Ghaziabad and Meerut, are still waiting to be heard by the Bench. But those cases in Supreme Court…

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ET CFO Insight : Ind AS 115 – A reality check for Real Estate

ET CFO Insight : Ind AS 115 – A reality check for Real Estate

Revenue Accounting has been important measures for both preparers and users of financial statements in any industry. Thus, the notification of Indian Accounting Standard 115 (Ind-AS 115), ‘Revenue from Contracts with Customers’ on March 28, 2018 provided a new comprehensive framework for recognising revenue.

So much so, that the new revenue standard supersedes all current revenue recognition…

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Company is benefiting from RERA-led consolidation With no significant change in market-wide volumes, the constantly rising scale is a sign of RERA-led greater end-user preference for regulated real-estate developers.

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For redevelopment, Housing Society is also Promoter: MahaRERA

For redevelopment, Housing Society is also Promoter: MahaRERA

In a relief for Flat-Buyers in a Goregaon redevelopment project, the Maharashtra Real Estate Regulatory Authority (Maha RERA) has held that a Housing Society is also a promoter.

The Maha RERA recently heard a complaint by purchasers of flats in the sale component of a project called Horizon. Udayachal Goregaon Cooperative Housing Society, with 15 members, had appointed Jaycee Homes Pvt Ltd in…