Parking areas
Due to the congestion caused by illegal parking in South Extension, Delhi High Court has directed the South Delhi Municipal Corporation (SDMC) and the traffic police to clap down on illegal parking in markets, lanes adjoining residential areas in the South Extension. A status will be filed by November 23 by the police and the civic [...] Continue Reading »
There is nothing called extra FSI concept if it is not not given to the buyers for their use. It is the builders who in the name of extra FSI misuse it by including the free spaces as super built up areas. The free spaces include parking areas, balcony spaces and flower beds. Due to [...] Continue Reading »
Municipal Corporation of Delhi (MCD) has been tracing the increase in parking mafia in New Delhi after it auctioned around 100 parking sites which were being operated illegally by the parking mafia. The agenda behind MCD auctioning these parking sites was due to constant set of complaints received from the market associations and the residents. Few [...] Continue Reading »
Midst the raising fuel rates and grocery rates the land prices in India are facing a rapid hike which has lead to the property buyers intuition that the “land is no more affordable”. Property buyers have one question in them that is, “Why are property rates not affordable?”. None has an answer for this question, [...] Continue Reading »
The Supreme Court has that ruled builders/promoters cannot sell parking areas in the stilt area as independent units as the same is to be extended as “common areas and facilities“ for the owners. The apex court passed the judgment while dismissing the appeal of the promoter, Nahalchand Laloochand Pvt Ltd, challenging the Bombay High Court [...] Continue Reading »
