City Plaza residents pursue legal action against corporation's structural decisions
Author : PNT Bureau
The Flat Owners' Association of City Plaza, facing structural stability concerns, has decided to take legal action against the city corporation. The association plans to submit a petition to the Local Self Government Department (LSGD) principal director as the initial step. The civic body recently revoked 84 building numbers for both commercial and residential structures within the City Plaza building due to worries about its stability. Despite an eviction notice, residents are refusing to vacate. The association, having received a favourable structural stability certificate, is pursuing legal recourse to address concerns and hold the corporation accountable for ensuring safety....
Gujarat High Court directs residents to pay Rs. 79 crore or vacate plot
Author : PNT Bureau
The Gujarat High Court has mandated Snehanjali Cooperative Housing Society near Gulab Tower to deposit Rs 79 crore with AUDA by December 31 or face eviction from a 4,645 square metre plot. Failure to comply with the order will lead to transfer of the plot to Nidhi Cooperative Housing Society. This emphasises the prolonged legal battle involving land disputes and the importance of meeting legal obligations promptly to avoid contentious issues....
Violations in 1,848 structures revealed in Nagpur fire audit
Author : PNT Bureau
Nagpur Municipal Corporation's fire audit exposed serious safety lapses, identifying 1,848 high-rise and special buildings lacking firefighting measures, violating Maharashtra's fire safety laws. Among these, 1,286 were declared unsafe, prompting eviction notices. To enforce the eviction, authorities disconnected water and power to 821 buildings, with criminal cases filed against 122 building owners. The audit also revealed alarming data that of the 5,595 buildings, only 903 obtained fire compliance certificates. The police are instructed to act, while district court cases highlight violations, primarily related to missing firefighting arrangements and unauthorized constructions. The situation underscores the critical need for stringent fire safety measures....
DTCP demolition drive targets illicit structures in Saraswati Kunj
Author : PNT Bureau
Haryana’s Department of Town and Country Planning (DTCP) intensified checks on illegal constructions in Saraswati Kunj, Golf Course Road, demolishing eight unauthorized buildings due to the absence of permissions and ongoing litigation. Over the past two years, more than 3,000 unauthorized structures have been razed in multiple drives, yet violators persist in rebuilding. District Town Planner Manish Yadav led the recent demolitions amid police presence. Saraswati Kunj, entangled in a legal dispute since 2004, faces ongoing challenges related to plot allotments. Concerns about the area becoming a hub for illegal structures prompted the DTCP to request barricading the colony's boundaries and restricting building material entry....
BDA mulls 10% price hike on 1,700 unsold flats amidst property guidance value surge
Author : PNT Bureau
The Bangalore Development Authority (BDA) contemplates raising prices of 1,700 unsold flats by 10% due to the state government's upward revision of property guidance values. With poor sales in projects in Kaniminike and Konadasapura, officials are considering the move to pose a challenge to their marketing strategy. The potential hike may also affect the Puneeth Rajkumar Housing Complex's villa project, complicating the sale of the 322 villas there. Officials indicate a possible 10-20% increase in villa prices from the base cost, impacting BDA's ambitious development plans....
UP-RERA Conciliation Forum resolves Royal Castle project dispute with 22 lac compensation to the allottee
Author : PNT Bureau
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has successfully mediated and resolved disputes related to the Royal Castle project in Ghaziabad, developed by Suncity Hightech Infrastructure. The allottee, Ram Kumar Bansal, faced delays and interest accrual since the scheduled possession in 2017. Following UP-RERA's intervention, the developer agreed to allocate two plots and pay approximately Rs. 22 lakhs as delay interest. The matters were transferred to UP-RERA's Conciliation Forum, emphasizing its efficacy in resolving disputes. UP-RERA has previously directed several developers to participate in online hearings for 21 complaints, showcasing its commitment to addressing grievances in the real estate sector....
Tenant advocacy escalates as Mumbai renters seek legal representation for Supreme Court battle
Author : PNT Bureau
Tenants associations across Mumbai are urging the chief minister and housing minister to appoint senior counsel and a reputable solicitor firm to advocate for the Maharashtra Rent Control Act, 1999, and Chapter VIII of the MHADA Act before the Supreme Court. The Property Owners Association and other stakeholders have challenged the constitutional validity of these acts since 2000, with a crucial hearing scheduled for February 6. Tenants fear a ruling in favour of property owners could jeopardize rent control in Maharashtra, potentially allowing arbitrary rents and evictions. Political leaders, including Mumbai's guardian minister and BJP representatives, pledge to address tenant concerns and protect their interests....
Mumbai Real Estate Fraud Unravelled: Director apprehended in Colombia
Author : PNT Bureau
The director of a Mumbai real estate company, accused in a Rs 7.5 crore fraud case involving cheating the public with promises of flats in Juhu, has reportedly been detained in Colombia following a red-corner notice. In 2017, the company allegedly sold promised flats to others during discussions about an alternate project. The accused directors, family members, had left the country before the FIR was filed. The Economic Offences Wing is investigating, and an RCN was issued against the director, her brother, mother, and company officials. Authorities are verifying her identity, signalling international cooperation in addressing financial fraud....
ORERA nullifies land deal over regulatory violations
Author : PNT Bureau
The Odisha Real Estate Regulatory Authority (ORERA) has cancelled a land deal near the city, alleging violations of the Odisha Real Estate (Regulation and Development) Act, 2016. The landowner in Balianta subdivided 20 plots without registering the larger plot with ORERA, breaching the requirement for plots larger than 500 square meters. ORERA responded to a complaint, directing the landowner to obtain layout plans within two months and register them within 45 days. The authority nullified sale deeds of sub-plots until proper registration and urged action against the sub-registrar. ORERA's action reinforces its commitment to regulatory compliance and transparency in real estate activities....
Government rethinks specialized insolvency framework for Real Estate sector
Author : PNT Bureau
The government is reportedly reconsidering its plan to introduce a specialized framework for the real estate sector, which would limit insolvency proceedings to individual stressed housing projects and exclude their developers, according to a reliable source. This potential revision aims to prevent unscrupulous promoters from exploiting relief measures to abandon projects for higher profits, potentially diverting funds and worsening challenges for homebuyers. The proposed project-wise insolvency is under scrutiny for its potential to allow promoters to evade responsibilities. The government is seeking stakeholder feedback to strike a balance between homebuyers and real estate sector interests....
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