Supreme Court order
The Supreme Court last Wednesday stated that the real estate firm of Supertech to refund the principle amount to the flat owners who had applied for their refund before April 30th by the end of this month. The firm is going to refund around Rs 35 crore to the allotted people of twin towers Apex [...] Continue Reading »
Supertech, the Noida authority and a group of buyers had filed a petition challenging the Allahabad high court’s order to demolish the twin towers of Supertech’s Emerald Court. The Supreme Court (SC) will hear the Supertech Emerald Court case which involves Noida’s upscale Sector 93A for flouting building norms. To challenge the Allahabad high court’s [...] Continue Reading »
In a July 30, 2014, ruling, the Supreme Court has asked Supertech to reimburse the principal amount paid to the company by the flat owners in Noida’s Emerald Court twin towers by August 30, 2014. In addition to asking Supertech to refund the flat owners’ money, the Supreme Court has also ordered the realty developer [...] Continue Reading »
A review petition has been filed by the Maharashtra government against a Supreme Court order which allows over 3 lakh people to live on the property which they have purchased on land that is deemed private forest. The review petition was filed in April. The filing of the review petition by the Maharashtra government can [...] Continue Reading »
The Bombay high court have granted stay of execution to an under-construction high-rise at Worli Seaface, the Sea Green housing society that had come under the scanner over alleged Adarsh-like violations for not obtaining CRZ approval and consuming extra FSI. In an interim order last week a division bench of Chief Justice Mohit Shah and [...] Continue Reading »
New Delhi- The revenue Department of Delhi is all geared up to initiate the sale and purchase of the 312 colonies which are constructed on the private land. This proposal was recently approved by the Lieutenant Governor’s office and will be notified by the coming week. The revenue department had sought permission to allow the sale and purchase of the land [...] Continue Reading »
The festive season fails to cheer builders of Mangalore. Karnataka State Pollution Control Board (KSPCB) have sent closure notices on crusher units in the state following a Supreme Court directive. As a result, construction and development activities have come to a halt. Of the 3,700 crusher units units across Karnataka, 200 units are in the [...] Continue Reading »
Four residents of Bhagwat Nagar in Patna have gone on fast-unto-death to protest the anti-encroachment drive by Patna Municipal Corporation (PMC) and district administration. The civic authorities have started the demolition drive complying with the order of the Supreme Court. As many as 266 houses were built allegedly in the locality without their design approval [...] Continue Reading »
Real estate companies in Maharashtra are facing a stern directive from Supreme Court to clear value added tax dues by the end of October. As a result, most of them are almost turning into collection agents, as they have to rush to comply with the Supreme Court directive. Any body who bought a home in [...] Continue Reading »
The state government of Maharashtra finds itself in the midst of an all new challenge – considering the application of a construction firm to divert its prime property at Mulund from forest to non-forest area. Oberoi Realty Ltd made an application to the conservator of forests, Nagpur, to divert its 18-acre property on LBS Marg, [...] Continue Reading »
