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Flats in Delhi

New VAT rule for Delhi builders

New VAT rule for Delhi builders
The forum for Tax Advocates asked the Delhi Government to come out with a new scheme for builders and land developers who have been constructing buildings and offices on contract basis for non-payment of Value Added Tax. The president of the advocate association feels that in the coming budget for 2012-13 the Delhi Government should [...] Continue Reading »

Shortage of water this summer!

Shortage of water this summer!
Summer has just kick started and the water crisis has already started threating citizens of Delhi. Especially the the Sector 22 DDA SFS Flats in Delhi are facing tough time being provided very less water on daily basis. The residents claim to have lodged several complaints and have had serious discussions with Delhi Development Authority [...] Continue Reading »

DDA finally issues completion certificates!

DDA finally issues completion certificates!
The Commonwealth Games Village (CGV) property issue finally is polished! The flat owners are now relieved and are happy with the court’s decision. The Delhi High Court’s directives in collaboration with Delhi Development Authority (DDA) has finally issued completion certificates. This was the time the flat owners and the developers of Commonwealth Games Village was [...] Continue Reading »

MCD busy with sealing drive

MCD busy with sealing drive
Delhi residential and commercial property owners get ready to bear the burnt of sealing drive. Beware! Municipal Corporation of Delhi (MCD) recently carried the sealing action in South Extension part of Delhi in 23 flats and six properties. Next might be your turn. MCD claims to have sent prior notice to the illegal property owners, but [...] Continue Reading »

Developers to pay Penalty for Extra Construction on CWG Flats

Developers to pay Penalty for Extra Construction on CWG Flats
Many flats which were built in the Commonwealth Game (CWG) Village have exceeded their sanctioned floor area ratio (FAR) after construction. The Centre will give its nod to flats only after developers pay the penalty for extra construction apart from FAR. Those flats which have exceeded by 5% of the sanctioned FAR are compoundable and [...] Continue Reading »



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