Projects
Kolkata: In the past 6 months, the West Bengal Housing Industry Regulatory Authority (WBHIRA) has received the majority of complaints regarding delay in completion and possession of apartments/flats, keeping of possession despite the complete payment, refusal to pay when the customer asks refund on account of delay and dispute over common area and other terms [...] Continue Reading »
The Real Estate Regulatory Authority of Uttar Pradesh (UP RERA) has written to over 1200 developers asking them to apply for a stress fund announced by the central government. The UP RERA authority said in a media release that the action has been taken in order to make sure that the promoters of such projects are informed [...] Continue Reading »
In a bid to boost the economy and strengthen the construction sector in the country, the PM Narendra Modi led government has instructed all ministries and departments to facilitate due payments to contractors and construction companies. The purpose is to invest the fund in the construction sector and generate more job opportunities. In the past years, an [...] 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 Uttar Pradesh government on Tuesday decided to exempt builders from paying out the penal interest and other dues for the period of their project is stalled due to lawsuit if they pass on this privilege to the home buyers. The decision to provide a “zero period” benefit to builders was taken at a state cabinet meeting chaired by Chief [...] 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 »
The Central Govt on 28th November 2019 approved construction of nearly 3.31 lakh more houses under Pradhan Mantri Aawas Yojana (Urban), taking the total number of houses being funded to 96.5 lakh. The 49th Central Sanctioning and Monitoring Committee (CSMC) meeting under Pradhan Mantri Awas Yojana (Urban) which was held on 28th November approved 606 recommendations [...] Continue Reading »
The Kolhapur Municipal Corporation (KMC) has decided to discontinue the water supply of housing societies which have no or non-functional sewage treatment plant in their bases. Recently, activists met officials of Maharashtra Pollution Control Board (MPCB) and registered a complaint about the absence of STPs and non-functional STPs in many housing projects. The activists had [...] Continue Reading »
Unauthorised colonies residents of Delhi will be able to apply for ownership rights starting 16th December 2019, said Union Housing and Urban Affairs Minister Hardeep Singh Puri on Saturday during the launch of a portal which will define and delineate the boundaries of 1,731 unauthorised colonies here using satellite imagery. The applicants will get the [...] Continue Reading »
DEHRADUN: The Dehradun Municipal Corporation (DMC) has inflicted huge penalties on 15 commercial properties for disrupting the self-assessment procurement while repaying their property tax. A DMC team conveyed a casual investigation to confirm the authenticity of the area square meters sent by 50 leading commercial properties of Dehradun. During the verification procedure, the DMC team found that 15 of [...] Continue Reading »
