Penalty
The Municipal Corporation of Delhi (MCD) has passed on a mandatory rule to construct the houses leaving two-metre space from the adjacent buildings to it. The recent incident wherein the digging of basement lead to collapse of the adjacent building provoked MCD to pass this mandatory norm. Especially the residential sectors which are generally constructed [...] Continue Reading »
Property owners who own illegal buildings, you have tough time ahead! Recently, Greater Hyderabad Municipal Corporation (GHMC) has raised 25 percent assess the unauthorized constructions. GHMC Commissioner M.T. Krishna Babu declared the same and ordered the Deputy Municipal Commissioners to implement 25 percent assess only on the illegal constructions in the Hyderabad city. The GHMC [...] Continue Reading »
Bruhat Bangalore Mahanagar Palike (BBMP) has overlooked a ward of Bangalore in case of providing basic amenities to the residents. The part of the city facing the problem is Settihalli ward. The ward include areas like Chikkasandra, Nisarga Layout, Someshwara Layout, Abbigere, Myadarahalli, Jalahalli West and Kammagondanahalli Muniswamy Layout. In an earlier norm, the civic [...] Continue Reading »
Do not fall for properties without proper documents and titles. You never know when you might fall into trap! The recent Karnataka Land Grabbing Prohibition Bill, 2011 has caught attention of all these doubtful cases of developers and residential societies. The bill has cited many clauses under which keeping a Government land is count as [...] Continue Reading »
Illegal parking in Hyderabad will be followed up by enhanced penalty. High Court (HC) has ordered Hyderabad City police to levy penalty on vehicles trapped for parking illegally. HC implemented this norm after seeking complaints from the residents of areas like; DMRL Crossroads, Maruthi-nagar, Champapet, Prasannanjaneya Swamy and Shiridi Sai Temple extensions. To eradicate the concept [...] Continue Reading »
The Maharashtra Electricity Regulatory Commission (MERC) has been levied penalty of Rs. 1 lakh by the Appellate Tribunal on Electricity (ATE). This was an outcome of the Mumbai‘s embarrassment, as this was mandated in concern with the rule passed by the MERC stating “The power consumer consuming 1MW and above can opt for the supply [...] Continue Reading »
United Phosphorous Limited (UPL) has tough times to face now for delaying in composting a new dumping plant in Mumbai. Even though UPL was aware of the lack of dumping sites in the city has still faked the promise of producing a new plant and moreover the garbage is found overflowing on all the main [...] Continue Reading »
Reserve Bank of India (RBI) said floating rate home loans will be spared penal charges in case of prepayments. Besides the decision on home loans, the action points include measures to protect customer interest in unauthorized ATM transactions, and a policy for compensation to customers for mental harassment. The regulator for housing finance companies like [...] Continue Reading »
