ED attaches properties worth Rs 6.93 Crore in money laundering case against builder Shailesh Savla
Author : PNT Bureau
The Enforcement Directorate (ED) has provisionally attached properties totaling Rs 6.93 crore belonging to builder Shailesh Savla in connection with a money laundering case linked to the rehabilitation of slum dwellers at the Juhu Taj Slum Society. The ED recently filed a chargesheet against Savla and his companies for selling flats intended for slum dwellers to influential individuals. The case involves irregularities in the allotment of residential accommodation and shops under the Juhu Taj Slum Rehabilitation Scheme, with Savla allegedly selling "slum flats" to prominent figures under fraudulent circumstances. The provisional attachments include a residential flat and fixed deposits....
DDA's e-auction draws fierce competition with 274 flats booked in 'Diwali Special Housing Scheme – 2023’
Author : PNT Bureau
In a highly successful e-auction, the Delhi Development Authority (DDA) witnessed remarkable demand, with 274 apartments, including penthouses and super HIG flats, swiftly booked under the prestigious 'Diwali Special Housing Scheme - 2023.' Offering diverse options, especially in Dwarka, the scheme caters to discerning homeowners. Marked by intense bidding and premiums reaching 80%, this event reflects a robust market appetite for DDA properties. The resounding success of this e-auction, coupled with the ongoing 'first come, first serve' scheme, signifies the DDA's steadfast commitment to providing accessible and premium housing solutions in Delhi....
Bombay High Court terminates Arora Builder's appointment in Khar SRA project
Author : PNT Bureau
The Bombay High Court has upheld the termination of developer Surjit Singh Arora's appointment in a prolonged legal battle over the Murugan Chawl slum rehabilitation scheme in Khar West. The court emphasized the correctness of the Slum Rehabilitation Authority (SRA) CEO and Apex Grievance Redressal Committee orders, dismissing Arora's petition and imposing a cost of Rs 50,000. The judgment underscores the devastating impact of the over two-decade delay on the slum rehabilitation scheme, labeling Arora as disinterested, negligent, and lethargic in project implementation and highlighting the need for adherence to timelines in such crucial initiatives....
Pune Cantonment Board's historic bungalows open to illegal sales
Author : PNT Bureau
The Defence Estates Office (DEO) in Pune circle has found out that its historic properties are being used illegally. Issues such as the improper utilisation of residential properties for commercial purposes, unauthorised constructions, and in certain instances, the sale of bungalows to builders are in direct violation of explicit directives by the competent authority. Concerns have been raised concerning officials, builders and politicians working together to acquire old grant bungalows (OGBs). These issues raise concerns about adherence to regulations. Authorities emphasise the need for strict checks to prevent unauthorised transactions involving defence properties....
Bombay High Court rules against flat-wise Occupancy Certificate in redevelopment case
Author : PNT Bureau
The Bombay High Court has emphasised that an Occupancy Certificate (OC) cannot be granted to individual flats but is intended for the entire building. The court has temporarily halted an OC issued by the Brihanmumbai Municipal Corporation (BMC) for two flats in Quettawalla Residency, Agripada. The decision underscores the legal distinction between certifications for individual units and those applicable to the overall building structure. The ruling aims to maintain regulatory compliance and uphold the intended purpose of OCs, ensuring that certifications accurately reflect the safety and adherence to building regulations for the entire premises....
Bombay High Court rejects plea for height relaxation in Chembur building
Author : PNT Bureau
Saffron Co-operative Housing Society, a developer based in Mumbai, filed a petition to ease aviation height restrictions, but the Bombay High Court rejected it, citing the indisputable nature of aviation safety regulations. In response to a petition submitted by a society member, the Brihanmumbai Municipal Corporation (BMC) withheld the occupancy certificate owing to non-compliance. Justices Gautam Patel and Kamal Khata delivered the court's verdict. The ruling mandates the developer and the housing society to reduce the building's height by 11.06 meters within six months to align with aviation safety requirements and other planning regulations....
MahaRERA clarifies jurisdiction amid construction dispute at Lodha New Cuffe Parade
Author : PNT Bureau
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has dismissed a complaint against Macrotech Developers (Lodha) for allegedly initiating construction on open space without obtaining the required consent from two-thirds of homebuyers. MahaRERA clarified its jurisdiction, stating that it does not oversee construction beyond the boundaries of a registered project. MahaRERA emphasized that its mandate is limited to monitoring construction within registered project boundaries and highlighted the complainant's failure to provide evidence of a violation of RERA provisions....
UP RERA mandates sale of units based on carpet area, warns against 'super area'
Author : PNT Bureau
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has issued a directive mandating housing developers to strictly adhere to selling units based on carpet area, in accordance with the Real Estate (Regulation and Development) Act, 2016. The UP RERA emphasized that selling based on 'super area' is illegal and against RERA provisions. The authority also issued an advisory on payment modules, prohibiting advances exceeding 10% before the sale agreement is executed. These measures aim to enhance transparency, ethical practices, and consumer trust in the real estate sector....
Bandra slum residents allege fraud in HDIL's redevelopment deal
Author : PNT Bureau
Residents of Bharat Nagar and Maharashtra Nagar in Bandra East have filed complaints alleging forgery and fraud in a redevelopment deal involving HDIL. They claim HDIL forged documents in 2006 to take over the slum's redevelopment rights, including creating fake sale deeds and affidavits. The complainants allege they were given temporary housing by HDIL from 2006 to 2011 but were denied rent from 2012. During a 2018 hearing, it was discovered that their documents were falsified, transferring ownership to others. FIRs were filed against HDIL's promoter and others citing criminal charges. The police are investigating to uncover the truth behind these serious allegations in the slum redevelopment scheme....
Bombay HC paves way for the revamp of 13 buildings in Kannamwar Nagar
Author : PNT Bureau
The Bombay High Court has directed the Maharashtra Housing and Area Development Authority (MHADA) to proceed with the self-development proposal for 500 dilapidated buildings in Kannamwar Nagar without requiring a No Objection Certificate (NOC) from the original developer. The court's decision provides relief to residents who have waited for 18 years for the redevelopment of their buildings. The Kannamwar Nagar Nagarpalika Bhadekaru Co-operative Housing Society must submit an affidavit-cum-indemnity to MHADA and ratify its April 8, 2021, resolution for self-redevelopment to fulfill the court's conditions....
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