19 Nov 2024

The Bangalore Development Authority (BDA) received a significant relief from the High Court, which allowed a review petition filed after a 12-year delay and stayed a 2012 order concerning a five-acre property in Kengeri, Bengaluru. The BDA argued that the original petitioner, R Arunachalam, had misrepresented his ownership and concealed the sale of part of the land before filing the petition. The court acknowledged that the BDA's delayed review petition could be excused, given the circumstances. Additionally, the BDA presented evidence of sale deeds from 2004-2006, showing the land's division before the original petition was filed in 2011.Read more

19 Nov 2024

The Chennai Metropolitan Development Authority (CMDA) has introduced new deadlines for 11 departments to issue no-objection certificates (NOCs) to fast-track building approvals. Nine departments must provide their NOCs within 30 days, while three will have 15 days. If a department misses the deadline, the NOC will be automatically granted. Experts believe this move will streamline the approval process, boost residential development, and attract investment to Tamil Nadu. The directive aims to address the city's growing housing demands and promote a more transparent and efficient real estate market.Read more

19 Nov 2024

The Gujarat government is set to implement the central government's Liquid Waste Management Rules, 2024, aimed at addressing wastewater management challenges in residential societies, urban areas, and industries. Residential societies using over 5,000 litres of water daily or exceeding certain pollution thresholds will be classified as bulk users and required to register with the CPCB. Key provisions include extended user responsibility (EUR) for wastewater treatment and reuse, with specific recycling targets for both new and existing societies. Industries, particularly in sectors like textiles, are also required to meet wastewater reuse targets. Stakeholders highlight the need for government support to meet these ambitious goals.Read more

19 Nov 2024

The Haryana government has introduced a senior citizen housing policy to create organized and secure living spaces for the ageing population. Permitted exclusively in residential zones, projects will range from 0.5 to 10 acres and include essential facilities like medical rooms, dining halls, recreation areas, 24-hour ambulance service, and nursing care. Security features include CCTV and trained guards, with power backup mandated for critical areas. Projects must adhere to strict guidelines, including a 12-meter road access and a maximum Floor Area Ratio (FAR) of 225. Monitoring committees and an online grievance portal ensure compliance and transparency. This policy reflects the state's commitment to addressing the needs of senior citizens through modern, secure housing solutions.Read more

18 Nov 2024

MahaRERA has decided to halt its proposed grading system for real estate projects in Maharashtra, citing that the Real Estate Regulatory Act, 2016, does not empower it to implement such a system. Designed to help buyers make informed choices, the grading was to evaluate projects on technical, financial, legal, and project overview parameters, updated biannually. The decision follows opposition from developers and concerns about legal complications. In 2023, the Bombay High Court questioned whether MahaRERA could rate developers to aid buyer decisions. Since 2017, MahaRERA has registered 47,400 projects, completed 15,600, and resolved 17,900 complaints.Read more

18 Nov 2024

The Department of Town and Country Planning (DTCP) has begun issuing occupation certificates (OCs) for stilt plus four floor buildings constructed without approved plans after a year and a half delay. A government order in February 2023 had restricted four-storey buildings without proper permissions, leaving over 100 structures incomplete. In response, the Haryana government introduced a regularization policy in July, allowing buildings to secure OCs with an additional fee. Processing faced delays due to a High Court stay, which was lifted last month, allowing DTCP to resume on a priority basis. This progress has brought relief to property owners awaiting compliance and recognition for their investments.Read more

18 Nov 2024

The Telangana Real Estate Regulatory Authority (TGRERA) has directed Bhrigu Infra to refund INR 20 lakh, plus 10.85% interest, to a complainant after the company failed to register a villa plot in the buyer's name despite payment. The project, "Bird of Paradise" in Shamshabad, was marketed with an HMDA approval letter, but Bhrigu Infra cited land disputes for non-delivery. Additionally, TGRERA imposed a penalty and ordered the company to cease all unregistered project sales, signaling a firm stance on regulatory compliance and buyer protection.Read more

18 Nov 2024

After a 14-year hiatus, the Noida, Greater Noida, and Yamuna Expressway authorities are reviving a unified policy for land allocation across industrial, housing, and commercial sectors. Originally introduced in 2010, the plan aims to standardize eligibility criteria, lease terms, rent structures, and procedures, ensuring consistency and transparency. The initiative, led by Chief Secretary Manoj Kumar Singh, has re-engaged Sarc & Associates, initially contracted in 2010, to draft the policy. The proposal is awaiting board approval from each authority, marking a renewed commitment to creating a clear regulatory framework for businesses and investors in the region.Read more

18 Nov 2024

The Town and Country Planning (TCP) department has approved 52 applications for a change of zone in Goa, enabling reclassification of 140,000 sqm for settlement and commercial use. Key applicants include developers like Magnitude Homes and Prestige Acres, but most are small landowners with plots under 512 sqm. A 30-day period for public objections is now open. Areas like Sarvona-Bicholim and Arambol-Pernem are set for reclassification, contributing to infrastructure growth. Following TCP's scrutiny, these changes await further recommendations from the Goa Town and Country Planning Board. This move, under Section 39A, is intended to amend planning areas for settlement and warehousing purposes, supporting Goa's development plans.Read more

15 Nov 2024

The District Level Evaluation Committee in Indore has received around two dozen suggestions, claims, and objections regarding the proposed hike in the Collector's guideline for property rates at 469 locations. This mid-term revision includes proposals to increase property values and add 105 new locations to the valuation guideline. The changes aim to generate higher revenue for the state government, with a target of INR 3,150 crore for 2024-25. The revised guidelines will be reviewed and approved by the Bhopal-based central evaluation committee in the coming days.Read more