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Compensation

Stray dogs trouble Bangalore!

Stray dogs trouble Bangalore!
Bangaloreans are facing the dog menace for quiet some time. It has been in the headlines for a lot of times only to be forgotten later. The HRBR Layout residents are so worried over the issue that they have approached CUPA for any solution. Even BBMP has claimed that they have spent over Rs 600 [...] Continue Reading »

Maharashtra against central land acquisition bill

Maharashtra against central land acquisition bill
The unannounced central land acquisition bill is under question before it being tabled. Maharashtra Government is against this land bill as the repair cost of units will be up by at least four times as it is mentioned in the bill. Due to which, the profit gained from the project would be less compared to [...] Continue Reading »

Land acquisition cases hit Noida Extension buyers again

Land acquisition cases hit Noida Extension buyers again
Supreme Court has once again issued separate notices to UP Government and Greater Noida authority against land acquisition. A group of farmers from Ghodi Bachheda village of Gautam Buddha Nagar district have filed a petition due to acquisition of their agricultural land in the area. The farmers have challenged the earlier Allahabad High Court verdict [...] Continue Reading »

Delayed handing of flat made builder pay!

Delayed handing of flat made builder pay!
A Borivli resident has recently been compensated with Rs 50000 by the builder for late handing of flat keys. He filed a complaint in Mumbai Suburban District Consumer Disputes Redressal Forum against Soni and Associates from whom he had bought the flat in April 2004. The Consumer Forum noticed that the buyer was suffering from [...] Continue Reading »

Delayed land acquisition dries up irrigation project

Delayed land acquisition dries up irrigation project
Irrigation project to start in Pranahita-Chevella lift is being delayed up due to slow land acquisition process. Planned tunnel works has been stopped for time being and will regain its speed in January. The whole process of planning the project has been completed. The only obstacles are acquisition of 70 acres of remaining land and [...] Continue Reading »

Land pooling a new concept in realty

Land pooling a new concept in realty
Land acquisition by the higher authorities or problems of acquiring land for developing projects has been a biggest problem in Chennai. For this reason, a new concept of land pooling has been materialised by the experts. The good affects of land pooling include minimal loss of land when acquired. When there is land acquisition, a [...] Continue Reading »

WB land bill declared amidst protest

WB land bill declared amidst protest
West Bengal Land Acquisition Laws Bill, 2011 was declared in the state assembly in between all the protests by the opposition. Even the CM of the state was not present for the declaration. The land bill presented is highly controversial for the ruling party. The opposition ministers protested the CM’s absence and asked reasons for [...] Continue Reading »

Developers to bear enhanced compensation burden

Developers to bear enhanced compensation burden
Builders in Noida who have their upcoming residential or commercial projects in hand will have to pay enhanced compensation to the farmers. Greater Noida authority (GNA), in a meeting with the developers has passed orders to pay an extra sum of Rs 2,015 per sq mt within next three months. According to the data collected by [...] Continue Reading »

No Penalty on Prepayment of Floating Rate Home Loans

No Penalty on Prepayment of Floating Rate Home Loans
Reserve Bank of India (RBI) said floating rate home loans will be spared penal charges in case of prepayments. Besides the decision on home loans, the action points include measures to protect customer interest in unauthorized ATM transactions, and a policy for compensation to customers for mental harassment. The regulator for housing finance companies like [...] Continue Reading »

More Compensation Claimed by DLF Customers

More Compensation Claimed by DLF Customers
Lawyers for the owners’ associations for Belaire and Park Place, the two DLF properties at the centre of the DLF case, are preparing a claim for more compensation, which could go as high as Rs.2,000 crore. DLF will likely contest the order on the grounds that CCI has wrongly interpreted the relevant market and thereby [...] Continue Reading »



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