Legal
The Hyderabad Metropolitan Development Authority (HMDA) will be opening the Outer Ring Road (ORR) stretch between Patancheru and Shamirpet to traffic in July. The road works will be completed by end of June and it will be open to public in July if chief minister Kiran Kumar Reddy grants permission, said sources. The HMDA has already completed about 87 [...] Continue Reading »
The Bruhat Bengaluru Mahanagara Palike (BBMP) has violated the Karnataka High Court’s order by granting permission to construct nine commercial complexes in Malleswaram. An interim order passed in January, HC said, it will not be giving permission to reconstruct or redevelop residential areas near private homes in areas like Jayanagar, Malleswaram, Richmond Town and Vasanthnagar. [...] Continue Reading »
A builder has been directed to pay for the execution of conveyance, agreement and registration for a 1.000-sq-ft flat for not handing over to a buyer seven years after the full payment of Rs 22 lakh was made. The Maharashtra State Consumer Disputes Redressal Commission also told the builder to hand over the flat on [...] Continue Reading »
Shravan Gupta, managing director (MD) of Emaar MGF, one of the India’s leading real estate developers, has moved a ‘recall’ of the non-bailable arrest warrant petition in the CBI court as the court issued a lookout notice to him. The petition states that Gupta, one of the accused in the Emaar case, is unable to [...] Continue Reading »
The land disputes in the prime area of Banjara Hills remain unresolved from decades, between government and private parties that claim to be its owners. Up to 140 acres of vacant land in different parts of Banjara Hills worth as much as 3,000 crores is under litigation presently. Claimants of these properties are descendents of [...] Continue Reading »
The Securities and Exchange Board of India (SEBI) told the Supreme Court that the Sahara firm had no right to mobilise Rs.27,000 crore from 30 million investors through debentures without adhering to the regulatory regime. The firm raised money without complying with the regulatory regime of the stock market and listing on the bourses, said [...] Continue Reading »
According to a recent amendment, now in case of a divorce, a woman gets to keep a share of immovable residential property rather than all immovable properties owned by the husband. Due to which, a woman can acquire only the residential immovable properties of her spouse. The main motto is that in case of a [...] Continue Reading »
Two accused in Adarsh Society scam were granted bail by the CBI special court. Those two accused had been in custody since their arrest on April 3, had filed their bail applications on Monday. In the bail application the lawyer has said that all the offenses are punishable for less than 10 years and therefore [...] Continue Reading »
The bail appeal for the accused persons in the APIIC-Emaar township project case was denied by the special CBI Court. According to CBI, the promoters of the Stylish Holmes Real Estate Private Ltd had allegedly collected money to the tune of several crore towards plots developed by Emaar MGF in the controversial township project from [...] Continue Reading »
The Madras High Court on Monday gave six weeks’ time to the State government to amend the Tamil Nadu Town and Country Planning Act for dealing with illegal constructions. The government has conveyed to the court its intention to amend various sections of the Act, relating to effective enforcement action and for providing solution to [...] Continue Reading »
