Legal
Realty developers are endeavoring more further support, in addition to the measures proclaimed, including the Rs 25,000-crore trial fund for fulfillment of abandoned and stuck housing projects, from the government to expand the requirement for housing and reducing liquidity pressure. Developers have stretched out to finance Minister Nirmala Sitharaman with approaches such as providing them adaptability on imposing GST [...] Continue Reading »
Frustrated accomplished a three-year suspension of the handover of flats, homebuyers of ILD Grand in Sector 37C on December 18 addressed the Haryana Rera (H-Rera) office to oppose the developer. The buyers testified that the project was originated on a 5-acre land in 2011 and the builder had pledged to give dependency by 2016. But [...] Continue Reading »
CHANDIGARH: In an attempt to expand enduring businesses in the state, Punjab has determined to ‘liberalize’ its enduring municipal building bylaws by contributing recreations that would execute the bylaws for both commercial and domestic buildings at par with another state. After due examination, it was believed that the existing building bylaws in the state are a little harsh [...] Continue Reading »
KOCHI: Kochi Corporation had served a draft bylaw for assuring the individual requirement of building ruins in 2016. Though the city has experienced construction growth, the local body is however to execute it. The draft bylaw was assumed to be relevant to all materials employed for the construction of buildings and other structures. The bylaw addresses it [...] Continue Reading »
AURANGABAD: The civic body, supporting recently appointed municipal commissioner Astik Kumar Pandey is expected to originate an uncompromising tax recovery drive. Anticipating a statement to this conclusion, corporator and others have endeavored an amnesty scheme for tax defaulters. Several citizens also understand that huge defaulters should initial be demanded to clear their dues before the commoners are targeted. The [...] Continue Reading »
JAIPUR: Jaipur Development Authority (JDA) has determined to break the switch on lease money defaulters and has a subserved 15-day requirement. The civic body has served a record of 100 defaulters and programs to collect Rs 20 crore. In the notice, the civic body announced it would connect properties or seize bank accounts if delinquents do not pay the [...] Continue Reading »
CHENNAI: The Chennai Metropolitan Development Authority (CMDA) tasked to solve unlawful development in the city has clasped and sealed a maximum of 15 so buildings a year since 2017. This when there are objections about at least 1,000 such illegal buildings scattered over the Chennai Metropolitan Area (CMA), which holds the city proper and neighborhoods in Kanchipuram, [...] Continue Reading »
PUNE: The civic body will abandon tax on property maintained by unfavorably-abled residents. A recommendation for this consequence has been postponed before the standing representative committee of Pune Municipal Corporation. The move is aimed at making life easier for differently-abled people and also spreading awareness about the issues faced by them. The exemption will cover [...] Continue Reading »
NEW DELHI: Allowing a fund crunch with unadventurous buyers so incomparably paying up Rs 103 crore out of their dues of Rs 3,600 crore and NBCC denying to invest money, the Supreme Court on Monday ordered the Centre to analyze using its force fund for construction of grounded Amrapali house installation projects. A bench of [...] Continue Reading »
The Supreme Court (SC) ordered the National Building Construction Corporation (NBCC) Ltd. to start and finish the work of 8-stalled housing projects involving 11,258 housing units in Noida and Greater Noida and start delivering possession to the buyers. The Supreme Court judges directed by Justice Arun Mishra including Justice Uday Lalit asked NBCC (India) Ltd to [...] Continue Reading »
