High Court order
The decision of the Punjab and Haryana High Court to cancel the allotment 350-acre prime land in Wazirabad(Gurgaon) to DLF has provided fresh ammunition to the Opposition to target the Hooda Government in the run-up to the Assembly elections. The INLD, which had prominently highlighted the Wazirabad land ‘scam’ in its ‘chargesheet’ submitted to the [...] Continue Reading »
Putting a property on rent has its pros and cons. On one hand one can expect passive income; on the other hand asking a tenant to vacate the premises often is an ordeal. The Supreme Court (SC) overruling the high court order mentioned that the Non-resident Indians cannot be asked to prove ownership of their [...] Continue Reading »
In the wake of the High Court ban on groundwater for construction purposes, real estate developers in Gurgaon heavily criticized the Haryana government for failing to provide adequate water. They have alleged that despite charging them crores of rupees in the form of external development charges (EDC), water supply has not been taken care of. [...] Continue Reading »
Notwithstanding the current predicament about the effect of recent court order on the real estate market of Gurgaon, studies reveal that Gurgaon has witnessed issuing of around eight licenses every month.Two out of three licenses granted in the state of Haryana are from Gurgaon, which include commercial, residential and plotted projects, as being highlighted in [...] Continue Reading »
The Delhi Development Authority (DDA) and Delhi Metro Rail Corporation (DMRC) have been asked by the Delhi High Court, to stop the construction of a multi-storied housing society near the University of Delhi. The university had leased 3 hectares of land to DMRC for the construction of Vishwavidyalaya Metro Station and Mass Rapid Transport System [...] Continue Reading »
The Bombay High Court ordered Hiranandani to build affordable flats in Mumbai. Hiranandani has developed its township in suburban Powai, Mumbai which is known for its luxury. However, the High Court ordered the developer not to build any project unless they are affordable for the middle class people of the society. In follow up with [...] Continue Reading »
A good news for the residential areas and the Bangaloreans residing in them. According to a recent High Court order, there will be no further commercial activities and trade going on in residential areas according to Comprehensive Development Plan (CDP), 1995. The Bangalore Development Authority (BDA) and the Bangalore Metropolitan Region Development Authority (BMRDA) have [...] Continue Reading »
