Legal
Hindustan Construction Company’s dues of Rs. 5, 000 crore, mainly with various government agencies, continue to be stuck in litigation, although a year has passed. Praveen Sood, group chief financial officer, HCC,told sources ,out of the dues of R5,000 crore, R1,000 crore is being battled out in courts for settlement while the remaining R4,000 crore [...] Continue Reading »
Only if land grab bids and ‘double documents’ were enough to trouble the property owners/buyers, the state registration department shocked the Madras high court by saying a controversial statement that it is difficult to issue encumbrance certificates without any fault. An encumbrance certificate (EC) is the basic document which reveals the current status of an [...] Continue Reading »
The Competition Commission of India (CCI) will hear a complaint of ‘abuse of dominant position’ against real estate major DLF in next 10 days. This is actually regarding an upcoming project in Gurgaon. According to competition law experts, the court will examine all the aspects of the complaint along with the proof, if any, before [...] Continue Reading »
Land acquisition process of around 321 acres in the Sampla village of Rohtak district has recently been stayed by the Punjab and Haryana High Court. HUDA had proposed to develop a residential sector in the area. The Department of Town and Country Planning, HUDA and the Rohtak Land Acquisition Collector had also been issued notices [...] Continue Reading »
The case is regarding construction of a high-rise luxury apartment complex by DLF in the vicinity of Rashtrapati Bhavan which had led to security concerns. There is no irregularity found by CBI in this matter. DLF is the country’s largest real estate company. The CBI had registered a preliminary inquiry against unknown officials of Urban [...] Continue Reading »
Punjab and Haryana High Court has stayed the process of award of “eight-laning” work of Ferozpur Road. The future of what is known as Deputy Chief Minister Sukhbir Singh Badal’s “dream-project” seems bleak as of now. The project was planned to eight lane the road from Jagraon Bridge to Sidhwan Canal. Ramneek Sehgal of Ceigall [...] Continue Reading »
Bangaloreans always had a fascination for BDA sites due to two reasons: They are cheap and they come with clear titles free from litigation. But those are now things of the past. RTI activist BM Shivakumar, who has waged many a legal battle against the BDA, said “Gone are the days when people treated BDA sites [...] Continue Reading »
The residents have again asked the civic administration for regularization unauthorized flats in Worli’s Campa Cola Compound. It has been two weeks since the Supreme Court asked residents of illegal and and the BMC to find a solution to their ongoing row. February 3 verdict of the Supreme Court (SC) granted the occupants four week [...] Continue Reading »
Leading real estate businessman Niranjan Hiranandani of the Hiranandani group has filed a suit in the Bombay High Court seeking to restrain his married daughter Priya Hiranandani Vandrevala from using the name ‘Hiranandani’ in her business. The suit has been filed by Niranjan, his brother Surendra and their company Hiranandani Constructions Private Ltd (HCPL). They have sought [...] Continue Reading »
Ruling on the petitions filed by the developers like Godrej & Boyce, Oberoi Constructions and a host of others as well as residents’ bodies, the Supreme Court directed the Maharashtra Government to remove “private forest” tag attached to huge land parcels across the state. This move, according to the real estate developers’ body Credai is likely [...] Continue Reading »
