Flats
Over four lakh flat owners in Maharashtra, who had bought properties between June 20, 2006 and March 31, 2010, may have to pay Value Added Tax (VAT) to the state government. As the state government plans to recover VAT, a trade circular is issued by the Maharashtra sales tax commissioner on August 6. The tax [...] Continue Reading »
Altogether 192 beneficiaries were allotted newly-built houses at Isopur on the outskirts of Patna under the scheme for urban poor. These houses were being constructed for the BPL families in urban areas. The CM announced that over 50,000 houses will be built in 28 cities of the state and those would not be a part [...] Continue Reading »
The flat owners are to be benefited by the new proposed bill in the state of Rajasthan. The state government on Monday introduced the draft of a new law – Rajasthan Apartment Ownership Bill, 2012 – giving more room to the flat owners. The new bill allows the families in flats access to common or [...] Continue Reading »
The new Maharashtra Housing (Regulation & Development) Bill, 2012, came under attack from housing experts as they labeled it ‘builder friendly’. Activists, housing societies and flat buyers claimed that not only was it poorly drafted, but also failed to maintain transparency and stated that it is a watered down version of the repealed Maharashtra Ownership [...] Continue Reading »
While realty is growing in Kerala, especially in cities like Kochi, drinking water supply in flats have remained irregular for months. Occupants of newly-built flats in Kalamassery, Thrikkakara, and Kakkanad are facing water shortage forcing them to buy water sold through tanker Lorries. Since they cannot get access to water supply, flat dwellers have to [...] Continue Reading »
The Noida Authority has given relief to cooperative group housing flat owners who had failed to get their properties registered after purchasing stamp papers within the Supreme Court’s deadline of January 26, 2012. The Authority has decided to exempt them from paying the penalty of Rs 100 per day for the period after the purchase [...] Continue Reading »
The two adjacent Adrash flats have come under the scanner of the Adarsh judicial commission. The flats were financed by the Kolhapur-based builder Umesh Shinde. Vishwas Chougule, a retired teacher was allotted flat number 1904, while his former colleague Raghunath Bhosale was allotted a neighbouring flat in Adarsh. Shinde, who runs Raj Devendra Construction Ltd, [...] Continue Reading »
Avalon Group announces the launch of its biggest project in Bhiwadi. The 1,100 flats project in Delhi, spread over 15 acres, is estimated to ensure a sale price of Rs 400 crore. . The project is called The Royal Park project. The company disclosed that the average price would be Rs 2,300 to Rs 2,600 [...] Continue Reading »
Any builders who undertake projects of five flats and more in Carambolim in Goa is to face demands charted out by locals which are passed by the Carambolim panchayat. In the gram sabha, members considered issues related to the construction activity in the village taking into account garbage disposal, water and power supply. Several members [...] Continue Reading »
Slum Rehabilitation Authority (SRA), Nagpur, is forced to scrap many schemes designed to offer for slum-dwellers. The reason being lack of demand as most of the target population has not shown any interest so far in most of the projects. The major problem seems to be the size of flats being built under SRA, which [...] Continue Reading »
