CARAF BUILDERS & CONSTRUCTIONS PRIVATE LIMITED

    Caraf Builders & Constructions Private Limited is an Indian Non-Government Company. It's a private company and is classified as'company limited by shares'.

    Company's authorized capital stands at Rs 1000000.0 lakhs and has 83.6072% paid-up capital which is Rs 836072.02 lakhs.

    Caraf Builders & Constructions Private Limited is majorly in Construction business and currently, company operations are active.

    Company is registered in Delhi (Delhi) Registrar Office.

    Caraf Builders & Constructions Private Limited Details

    CINU45201DL2006PTC148138
    StatusACTIVE
    Company CategoryCompany Limited by Shares
    Company Sub-categoryIndian Non-Government Company
    Company ClassPrivate
    Business ActivityConstruction
    Authorized Capital1000000.0 lakhs
    Paid-up Capital836072.02 lakhs
    Paid-up Capital %83.6072
    Registrar Office CityDelhi
    Registered StateDelhi
    Registration Date31 Mar, 2006

    Caraf Builders & Constructions Private Limited News

    • UP RERA has directed buyers to file claims with the Insolvency Resolution Professional (IRP) following insolvency proceedings against five builders. Complaints and existing orders against firms like Supertech Township Projects Ltd. and Ajnara Realtech Ltd. are on hold. Buyers should act quickly to file claims to prevent financial losses.

      Real estate sentiment in India has cooled slightly, with Knight Frank-NAREDCO's latest index showing current and future sentiment scores of 65, down from previous highs. Despite geopolitical uncertainties and economic concerns, developers and financial institutions remain cautiously optimistic about the sector's long-term growth and resilience.

      UP RERA has referred 250 possession-related cases to adjudicating officers, emphasizing strict enforcement of its orders. Chairman Sanjay Bhoosreddy condemned promoters' delays and warned of heavy penalties for non-compliance. Adjudicating officers are tasked with expediting possession delivery and execution of sale deeds under Rule-24, with powers to attach units and appoint receivers if necessary.

      The Supreme Court protected NCR homebuyers awaiting possession by halting coercive actions over EMI payments. Builders must pay EMIs under subvention schemes. Banks disbursed loans, affecting Section 138. Failure of Delhi High Court's relief led to an appeal. Advocates argue collusion and guideline violations. Buyers face financial burdens and insolvency proceedings. Justices Surya Kant and Ujjal Bhuyan ordered builders to file a reply affidavit in two weeks, warning of potential coercive action.

      PropEquity data shows that new housing supply in April-June is estimated to fall to 97,331 units across nine major cities as against 1,11,657 units in the year-ago period.

    * Ministry of Corporate Affairs, 2019, Company/LLP Data, (Government of India administrative body to govern and regulate corporate affairs through the Companies Act 1956 & 2013 including other allied Acts, Bills and Rules) http://www.mca.gov.in/, Updated as on 15 May, 2015.

    Please Note: Data on this page may not be updated vis-à-vis company’s current credentials.

    The Economic Times

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