Real Estate news
Frustrated accomplished a three-year suspension of the handover of flats, homebuyers of ILD Grand in Sector 37C on December 18 addressed the Haryana Rera (H-Rera) office to oppose the developer. The buyers testified that the project was originated on a 5-acre land in 2011 and the builder had pledged to give dependency by 2016. But [...] Continue Reading »
KOCHI: Kochi Corporation had served a draft bylaw for assuring the individual requirement of building ruins in 2016. Though the city has experienced construction growth, the local body is however to execute it. The draft bylaw was assumed to be relevant to all materials employed for the construction of buildings and other structures. The bylaw addresses it [...] Continue Reading »
CHENNAI: The Chennai Metropolitan Development Authority (CMDA) tasked to solve unlawful development in the city has clasped and sealed a maximum of 15 so buildings a year since 2017. This when there are objections about at least 1,000 such illegal buildings scattered over the Chennai Metropolitan Area (CMA), which holds the city proper and neighborhoods in Kanchipuram, [...] Continue Reading »
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has decided that builders neglect essential safety measures so as obstructing under-construction sites, installing dust Screens and safety measures for employees throughout a special drive. Of the 445 buildings inspected in 3 days, it had been found 195 under-construction buildings were being built in violation of safety norms. The rules being ridiculed were those concerning [...] Continue Reading »
NEW DELHI: A bill that endeavors to implement and provide a legal framework to impart ownership rights to those residing in unauthorized localities in Delhi was included in the Lok Sabha on Tuesday. Urban Affairs Minister and Union Housing Hardeep Singh Puri presented the National Capital. The territory of Delhi (Recognition of Property Rights of Tenants in Unapproved [...] Continue Reading »
Tax department wants realtors to reverse transition credit MUMBAI | NEW DELHI: Real estate players that had commenced taxes paid following more advanced tax administration upon their Goods and Services Tax (GST) mortgages have begun collecting tax demands from the secondary tax department. The tax department requires real estate developers to modify the credit demanded as development credit [...] Continue Reading »
BENGALURU: The industrial society for real estate, the Confederation of Real Estate Developers’ Associations of India (Credai), has driven the Karnataka government for a specific unit to revive the division. Credai-Karnataka has prompted the state to do continue with the No Objection Certificates (NOCs) for program penalty, in sequence to mark down the time missed [...] Continue Reading »
GURUGRAM: The Municipal Corporation of Gurgaon has ordered DLF to execute the unfinished infrastructure work in its three colonies — DLF 1, 2 and 3 — for their takeover by the organization. The left out work associated with roads and drains in these communities has hindered the method of takeover and produced difficulty to the citizens. In a strongly [...] Continue Reading »
KOLKATA: From now on, the owner of a thika tenancy land in the city will be considered as the leaseholder and the resident as the administrator. The civic body has begun the procedure of prefacing the system that will provide further identification to the owners as strong as the tenants of all thika tenancy lands, KM mayor Firhad [...] Continue Reading »
VIJAYAWADA: Obtaining land for the affordable housing project is demonstrating to be a huge objection for the Vijayawada Municipal Corporation (VMC). While it has previously zeroed in around 500 acres, the civic body requires to obtain 200 acres more extra to build 70,000 affordable homes in the city. However, tenants of nagara Panchayat encircling the city are not especially [...] Continue Reading »
