Thane Municipal Corporation unveils revised development plan focusing on open spaces and recreation
Author : PNT Bureau
The Thane Municipal Corporation (TMC) has released a draft of its revised development plan, inviting residents to review and provide feedback within 60 days. This plan aims to enhance the city's urban landscape by introducing multiple open spaces and recreational areas. The initial development plan, approved in 1999, is now undergoing its first revision. The new plan, available on the TMC website and at municipal headquarters, addresses the city's current shortage of open space. Thane has 62 parks, 63 playgrounds, and other recreational facilities, reflecting efforts to improve residents' quality of life. Community involvement is key in shaping the city's future development and recreational spaces....
Proposed Town Planning Schemes in Pune face delays as state government awaits approval
Author : PNT Bureau
Delays in state approvals are jeopardising six proposed town planning schemes in the Pune Metropolitan Region, including Maan-Mhalunge and others. Designed on the Gujarat model, these projects aim to develop around 1,000 hectares but are causing uncertainty among landowners. While the central government is expected to allocate infrastructure funds, the ongoing delays may hinder the timely implementation of these vital developments....
Punjab launches first real estate clearance camp to boost the sector
Author : PNT Bureau
Last week, the Punjab Housing And Urban Development department held its inaugural camp to issue clearance certificates to 51 colonizers, presenting various essential documents, including colony licences and completion certificates. Minister Hardeep Singh Mundian emphasized the camp's purpose in addressing pending real estate matters and announced a follow-up event for late November. Housing secretary Rahul Tewari noted the camp's role in resolving stalled projects, while Jagjit Singh Majha from CREDAI Punjab praised the initiative for its potential to boost the economy and promote sustainable urban development. An email address for direct complaints was also established for transparency....
MahaRERA halts real estate project grading initiative due to regulatory constraints
Author : PNT Bureau
MahaRERA has decided to suspend its proposed grading system for real estate projects in Maharashtra due to a lack of authority under the Real Estate Regulatory Act, 2016. Initially aimed at helping homebuyers make informed decisions, the grading system was based on four criteria related to developers' technical, financial, and legal information. Following inquiries from the Bombay High Court regarding project classification, MahaRERA had outlined a grading matrix to be updated biannually. However, senior officials have confirmed that the initiative is now on hold....
Maharashtra tightens fire safety rules for high-rise buildings under DCPR and UDCPR
Author : PNT Bureau
The Bombay High Court was informed by the Maharashtra government on October 11 that the final fire safety rules for high-risk buildings in Mumbai and the entire state would be put into effect. This decision comes in the wake of the Chembur fire tragedy that resulted in seven fatalities, leading the court to demand stricter safety measures. The new amendments require high-risk buildings to install fire towers with two-hour fire resistance, evacuation lifts, and ventilated lobbies. High-rises over 90 metres must have break tanks with fire pumps every 65 metres. These regulations will be integrated into the Development Control and Promotion Regulations (DCPR) for Greater Mumbai, enhancing existing fire safety laws....
NCDRC orders prominent builder to refund over INR 4 crore to homebuyers
Author : PNT Bureau
The NCDRC has ordered Godrej Projects to refund over INR 4 crore to homebuyers due to the builder's failure to deliver promised amenities, including a 24-metre-wide road, even after seven years. Despite the builder's claims of ongoing construction efforts, the Commission held it accountable for not fulfilling its commitments. Homebuyers are now entitled to seek refunds with penal interest, reinforcing their rights in such circumstances....
Legal setback for Taurus Downtown Trivandrum as High Court upholds NGT ruling
Author : PNT Bureau
The Taurus Downtown Trivandrum project is encountering major obstacles as the High Court has quashed a writ petition from Dragonstone Realty. This decision reinforces an NGT ruling that revoked the project's environmental clearance and imposed a penalty of INR 15 crore. The NGT's action followed an appeal by environmental activist Thomas Lawrence, and Dragonstone Realty is now seeking legal advice to challenge the judgment, potentially delaying the project further....
Navi Mumbai family receives INR 2.75 lakh as compensation for defective flat
Author : PNT Bureau
The Maharashtra State Consumer Disputes Redressal Commission recently directed a builder to compensate a Navi Mumbai family with INR 2.75 lakh for poor service and defects in their flat. The complaint, filed in 2019 by Ulwe residents Vir Bhan Sharma (65) and Disha Sharma (27), accused Dhulchand Naik, the proprietor of M/s Ashtavinayak Developer, of failing to address multiple issues, including severe leakage, non-functional lift, and improper fittings in their flat. The case highlights ongoing concerns over unfair trade practices in the real estate sector, with builders being held accountable for poor maintenance and unfulfilled promises....
YEIDA introduces new rules to boost industrial growth and curb speculative land purchases
Author : PNT Bureau
The Yamuna Expressway Industrial Development Authority (YEIDA), under CEO Arun Vir Singh, has implemented new regulations to enhance industrial growth in the region. A review of industry department files revealed numerous requests for ownership changes lacking essential map approvals and construction proof, hindering industrial development. The revised guidelines require allottees to actively develop their plots, discouraging speculative purchases and promoting timely project initiation. This initiative aligns with YEIDA's vision of fostering industrialisation, with 12 operational units, including Vivo's production site in Sector 24A. Approximately 60-70 companies are expected to begin production by year's end, positioning the Yamuna Expressway area as a vital industrial hub for long-term growth and investment....
Pune: MPCB issues show-cause notice to Cybage Software for environmental violations
Author : PNT Bureau
The Maharashtra Pollution Control Board (MPCB) has issued a show-cause notice to Cybage Software for alleged environmental violations during the construction of its new building in Kalyaninagar, Pune. The notice, prompted by resident complaints, cites excessive noise levels and improper water discharge. MPCB officials also observed expired blasting permissions and inadequate soundproofing measures. Residents of the nearby Kumar Kruti Housing Society reported noise and dust disturbances, with some considering relocation due to health concerns. Cybage, maintaining that it holds all necessary clearances, must respond within seven days or face potential penalties. This case highlights the need for stricter environmental compliance in urban developments....
This disclaimer ("Disclaimer") is applicable to the entire Site. Upon entering the Site it is recommended that you immediately read the Terms and Conditions and Privacy Policy listed therein. Your continued usage of this Site will indicate your unconditional acceptance of the said Terms and Conditions and Privacy Policy. You hereby agree that Prop News Time reserves the right to modify at any time, the Terms and Conditions and Privacy Policy governing this Site without prior notification. Your usage of the Site implies that you will be bound by any such modification. You agree and acknowledge that it is your responsibility to periodically visit the Site and stay updated with the Terms and Conditions and Privacy Policy of the Website.
The information contained in this Site has been provided by Prop News Time for information purposes only. This information does not constitute legal, professional or commercial advice. Communication, content and material within the Site may include photographs and conceptual representations of projects under development. All computer-generated images shown on the Site are only indicative of actual designs and are sourced from third party sites.
The information on this Site may contain certain technical inaccuracies and typographical errors. Any errors or omissions brought to the attention of Prop News Time will be corrected as soon as possible. The content of this Site is being constantly modified to meet the terms, stipulations and recommendations of the Real Estate Regulation Act, 2016 (“RERA”) and rules made thereunder and may vary from the content available as of date. All content may be updated from time to time and may at times be out of date. Prop News Time accepts no responsibility for keeping the information on this website up to date or any liability whatsoever for any failure to do so.
While every care has been taken to ensure that the content is useful, reliable and accurate, all content and information on the Site is provided on an "as is" and "as available" basis. Prop News Time does not accept any responsibility or liability with regard to the content, accuracy, legality and reliability of the information provided herein, or, for any loss or damage caused arising directly or indirectly in connection with reliance on the use of such information. No information given under this Site creates a warranty or expands the scope of any warranty that cannot be disclaimed under applicable law.
This Site provides links to other websites owned by third parties. Any reference or mention of third-party websites, projects or services is for purely informational purposes only. This information does not constitute either an endorsement or a recommendation. Prop News Time accepts no responsibility for the content, reliability and information provided on these third-party websites. Prop News Time will not be held liable for any personal information or data collected by these third parties or for any virus or destructive properties that may be present on these third-party sites.
Your use of the Site is solely at your own risk. You agree and acknowledge that you are solely responsible for any action you take based upon this content and that Prop News Time is not liable for the same. All details in the form of news stories, photos and videos provided on this Site are updated on the basis of information available from the respective developers/owners/promoters. All such information will not be construed as an advertisement. This Site is for guidance only. Your use of this Site – including any suggestions set out in the Site and or any use of the resources available on this Site, do not create any professional–client relationship between you and Prop News Time. Prop News Time cannot accept you as a client until certain formalities and requirements are met.
Cookie Disclaimer
We use cookies to give you the best possible service while using our website, please accept it and continue browsing if you're happy with this. For more information see our Privacy Policy