Debt recovery tribunal quashes PNB housing’s notice to home buyer, Real Estate News, ET RealEstate

RAIPUR: In a significant order providing relief to a person who faced financial crisis during lockdown, the debts recovery tribunal has quashed the notice issued by public sector bank’s housing finance company, allowed the applicant to deposit the remaining amount and issue sale certificate and handover possession of property purchased through e-auction. Kamlesh Verma, a […]

Activists to RBI, Real Estate News, ET RealEstate

MUMBAI: With Reserve Bank of India (RBI) seeking to amend laws with regard to housing finance companies, activists are demanding that the central bank enable easing financing of self-redevelopment projects. “Mumbai has a large number of old and dilapidated buildings, both in the island city and suburbs. These need to be redeveloped urgently. Developers are […]

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