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Homebuyers in Noida-Greater Noida worst hit; 1.65 lakh units of ₹1.18 lakh crore stalled

June 27, 2022 by www.thehindu.com

Homebuyers who booked flats in housing projects in the Noida-Greater Noida property market are worst affected, with over 1.65 lakh flats worth ₹1.18 lakh crore currently stalled or significantly delayed in these two cities, according to property consultant Anarock. In its research, the consultant has taken only those housing projects that were launched in 2014 or before, across seven big property markets -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Hyderabad and Pune. Expressing concern over the plight of customers whose investments are at stake, Forum for People's Collective Efforts' (FPCE), an apex body of homebuyers, president Abhay Upadhyay told PTI that the cause of the delay of each project should be ascertained and solutions must be found. He also sought stern action against defaulting builders. According to the Anarock data, 4,79,940 units worth ₹4,48,129 crore are "stalled or heavily delayed" across these seven cities as of May 31, … [Read more...] about Homebuyers in Noida-Greater Noida worst hit; 1.65 lakh units of ₹1.18 lakh crore stalled

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Homebuyers in Noida-Greater Noida Worst Hit; 1.65 Lakh Units of Rs 1.18 Lakh Cr Stalled

June 27, 2022 by www.news18.com

New Delhi, Jun 26: Homebuyers who booked flats in housing projects in the Noida-Greater Noida property market are worst affected, with over 1.65 lakh flats worth Rs 1.18 lakh crore currently stalled or significantly delayed in these two cities, according to property consultant Anarock. In its research, the consultant has taken only those housing projects that were launched in 2014 or before, across seven big property markets — Delhi-NCR, Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Hyderabad and Pune. Expressing concern over the plight of customers whose investments are at stake, Forum for People’s Collective Efforts’ (FPCE), an apex body of homebuyers, President Abhay Upadhyay told PTI that the cause of the delay of each project should be ascertained and solutions must be found. He also sought stern action against defaulting builders. According to the Anarock data, 4,79,940 units worth Rs 4,48,129 crore are “stalled or heavily delayed” across these seven … [Read more...] about Homebuyers in Noida-Greater Noida Worst Hit; 1.65 Lakh Units of Rs 1.18 Lakh Cr Stalled

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Madras High Court refuses to stay FIR against former Minister SP Velumani

June 27, 2022 by www.thehindu.com

The Madras High Court on Monday refused to stay all further proceedings pursuant to registration of a First Information Report (FIR) registered against former AIADMK Minister S.P. Velumani for alleged irregularities in award of corporation contracts. Chief Justice Munishwar Nath Bhandari and Justice N. Mala rejected a plea for interim stay. They directed Advocate General R Shunmugasundaram, representing Directorate of Vigilance and Anti Corruption, to file a counter affidavit to the FIR quash petition within three weeks. Senior Counsel N.R. Elango representing DMK’s R.S. Bharathi and advocate V. Suresh, representing anti corruption outfit Arappor Iyakkam, were also given time to file their counter affidavits. Mr. Bharthi and the NGO had approached the court in 2018 for registration of a case against the Minister. Then, the court appointed Superintendent of Police R. Ponni to probe into the complaints of irregularities in award of contracts by Greater Chennai and Coimbatore … [Read more...] about Madras High Court refuses to stay FIR against former Minister SP Velumani

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Man Surprisingly Finds Apple iPhone In Working Condition, 10 Months After Dropping It In River

June 27, 2022 by www.news18.com

A man in the United Kingdom lost his phone by dropping it in the river about a year ago. Now, the man claims that the smartphone has been returned to him, and is in working condition. In a Facebook post, a man named Miguel Pacheco said that he had found an iPhone while canoeing in the Wye River in Wales. The man said that he took the phone with himself and dried it properly. The next day, he charged the smartphone and the device was still working, and had a photo of a couple as the screen saver, with the date, August 13 2021. ALSO READ: iPhone 14 Series, AirPods 2, Mixed Reality Headset And More: Apple Has A Lot In Store For Next Few Months, Report Says Pacheco then tried and found the smartphone’s owner, who was based out of Edinburgh, UK and sent the smartphone to his address. Speaking to BBC, the owner of the smartphone said that he had lost the smartphone about 10 months ago when him and his fiancée fell into the river while canoeing. He said that he was in a two-man … [Read more...] about Man Surprisingly Finds Apple iPhone In Working Condition, 10 Months After Dropping It In River

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