Real Estate News Update for November 20

Welcome to the latest edition of ETRealty's daily newsletter, RealtyDigest! Through this especially curated newsletter, we aim to provide the latest real estate and allied industries' news, views, market trends, reports, video interviews and much more to help you navigate the world of real estate. Subscribe and Stay Tuned for daily updates!

Regulatory

Bombay HC sets aside Thane civic body's decision against Sheth Developers

The HC set aside as “manifestly arbitrary’’ the Corporation’s July 2023 refusal to grant the builder development permission with additional developable space as provided in a 2020 regulation, for its free sale building.

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Industry

Oberoi Realty acquires 14.81 acres in Gurugram for Rs 597 crore

NEW DELHI: Oberoi Realty has executed an agreement for sale with Ireo Residences Company and others for acquiring land admeasuring approximately 14.816 acres equivalent to 59,956.20 sq meters at Sector 58, Gurugram.

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Regulatory

NCLT orders insolvency action against Fort Projects

KOLKATA: The Kolkata bench of National Company Law Tribunal (NCLT) ordered insolvency proceedings against Fort Projects (P) Ltd last week following a complaint from Emami Realty.

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Industry

Gurugram: DTCP seals four buildings in DLF 1 for violating building norms

GURUGRAM: Four residential buildings in DLF 1 were sealed by the enforcement wing of town and country planning department (DTCP) for violating building norms.

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Residential

DDA to register buyers for new scheme from November 24

NEW DELHI: Delhi Development Authority will begin registering potential buyers for 32,000 newly constructed flats under its Festival Special Housing Scheme, 2023, from next weekend. These flats are located at Dwarka in southwest Delhi, Loknayak Puram in west Delhi and Narela in northwest Delhi.

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