Penalty
Again in another hearing by the District Consumer Disputes Redressal Forum, the builders were found guilty. The District Consumer Disputes Redressal Forum has directed Ansal Properties and Infrastructure Limited to pay Rs 50,000 as compensation to a New Delhi resident. Sudhir Khosla the complainant alleged that in 2006, he had applied for a residential plot [...] Continue Reading »
It has been seen that buyers are tempted to buy a house at a price 20-30 percent lower than the market price that is why buyers book houses projects that are sold even before all clearances are in place. There are cases where builders accept bookings, when given profligate delay in getting these, before they [...] Continue Reading »
New Delhi Municipal Council (NDMC) has decided to float a scheme to check on government employees who sublet their allotted homes. Under this, the civic body has asked complainants to inform about any such flat and gain allotment of the same. The subletter will have to evict the house and also face hefty penalty. Under [...] Continue Reading »
New Delhi- A report by the civic body stated that there were 1470 cellphone towers, of which 588 are illegal in East Delhi. Owing to this, the Corporation officials held a meeting and decided to seal about 70 illegal cellphone towers by the end of this month. This decision might hit the cellular services in East Delhi [...] Continue Reading »
In order to crackdown sloppy work, a policy has been issued by Brihanmumbai Municipal Corporation (BMC) which states that maximum period of redevelopment of property should be four years and levying penalties on developers who cross deadlines. Already over Rs 90 penalties are issued on sub-engineers of road department for not filling up the pot [...] Continue Reading »
The government plans to bring unorganised property agents and brokers under the purview of the proposed real estate regulatory bill. According to sources in Ministry of Housing and Urban Poverty Alleviation, a chapter has been included on real estate agents in the Real Estate (Regulation and Development) Bill. Unlike most nations, property brokers in India [...] Continue Reading »
The Competition Commission of India (CCI) has levied Rs 6300 crore penalty on 11 cement companies and it has yet to consider a surplus of cases against builders. In the case of DLF, CCI looked at the relevant market as ‘high-end residential’ in Gurgaon while it looked at the relevant market as ‘residential accommodation’ in [...] Continue Reading »
The recent news on penalizing the residents who park their vehicles outside on the road did not go well with them. Residents of the apartments in Mumbai and Navi Mumbai are worried about the paying fine. The home minister has plans of penalizing those who park their vehicles beneath flyovers also. Also, residents in Walkeshwar [...] Continue Reading »
Traffic rules must get more and more tougher! In Hubli, Speed driving, drunken driving, jumping the signals all these are leading to nothing but frequent accidents. Therefore, the Union cabinet recently approved new set of traffic rules which carry along more stiff and stringent rules! Follow up with the new set of traffic rules, drunken [...] Continue Reading »
The delay in construction projects is doing nothing but burdening the property buyers who end up paying lakhs extra by the time they get possession of their flats booked! Whereas the developer will hardly pay Rs 5-10 per square feet as penalty! This is not bringing in any justice to the property buyers as the [...] Continue Reading »
