14 Oct 2024

The government is implementing a comprehensive resettlement plan to support families affected by disaster. The first phase focuses on resettling those who lost their homes and land, while the second phase targets families in unsafe areas. A draft beneficiary list will be published by the district collector, with the revenue department overseeing the finalisation process. The resettlement package prioritises livelihood opportunities, providing employment and training for women in their chosen fields, and support for businesses in rented spaces. Sustainable farming facilities will also be considered to ensure long-term livelihoods for the community.Read more

14 Oct 2024

The Mussoorie Municipal Council has issued demolition notices for 17 buildings deemed unfit for habitation, including the historic Koh-i-Noor building and Hotel Prince. These actions follow orders from the National Green Tribunal, which highlighted concerns over land stability and excessive unplanned construction. A nine-member panel was established to study the town's carrying capacity, revealing that 19 buildings were identified as dangerous based on a 2022 survey. Notably, a bungalow owned by the wife of former cricket captain Sunil Gavaskar has already been demolished and reconstructed, eliminating safety concerns.Read more

14 Oct 2024

The Jaipur Development Authority's enforcement wing demolished seven illegal colonies last week, which were constructed without the necessary approvals. The colonies included developments on private agricultural land in Vatika and Simliya villages, as well as Bhairav City along the road to Sanskrit College. An enforcement official noted the swift action taken against a new illegal colony in front of Chandlai village, where three bighas of private land were being levelled without clearance. The JDA's proactive measures underscore its commitment to regulating land use and preventing illegal constructions in the region.Read more

11 Oct 2024

The Navi Mumbai Municipal Corporation's Encroachment Department, under the direction of Commissioner Dr. Kailas Shinde, took eviction action in the Turbhe division due to non-compliance with a prior notice. An inspection at Mr. Arvind Manohar Thombre's property revealed approximately 750 sq. m. of unauthorized RCC construction. Despite a notice issued under the Maharashtra Regional Planning and Town Planning Act, the construction continued. The CIDCO Authority coordinated a joint eviction campaign, utilizing heavy machinery and personnel for the removal.Read more

11 Oct 2024

The Central Government has updated its policy on the disposal of 60,000 acres of unused salt pan lands, facilitating their transfer for various national development projects such as affordable housing and renewable energy. The lands will be leased for 99 years, primarily to government entities. Significant cost reductions have been introduced, allowing land for public infrastructure at just 10% of the guideline value, while conservation projects can acquire land free of charge.Read more

11 Oct 2024

The Rajasthan Housing Board (RHB) successfully auctioned residential and commercial properties valued at INR 142.54 crore earlier this week. The board expects to generate substantial revenue from various cities, with Jaipur contributing INR 90.70 crore. In previous phases, RHB set records for house sales, including 1,213 homes sold in just 12 days. Following a hiatus after the BJP government took power, the board has resumed auctions, promising ongoing opportunities for the public to benefit from future schemes.Read more

11 Oct 2024

A Bengaluru consumer court has ordered CanFin Homes Ltd to return property documents to a borrower, C Sathyanathan, who had fully repaid his loan. Sathyanathan cleared a loan of INR 60 lakh in 2018, but the company failed to return his documents, citing an unpaid penalty. After reviewing the case, the court found CanFin Homes guilty of service deficiency and ordered them to pay compensation totalling INR 1.3 lakh, along with INR 100 per day until the documents are returned. The company has 45 days to comply with the court's directive.Read more

11 Oct 2024

The Ahmedabad town planning committee has approved significant modifications to the Makarba TP scheme 204, allowing development permissions for plots as small as 300 square metres in the R3 zone. The scheme, which covers 1,121.19 hectares and includes land for various purposes, will reserve 11.7% of plots for residential and commercial sales. The changes come amidst ongoing controversies regarding past corruption allegations linked to settlement agreements benefiting VVIP landowners.Read more

10 Oct 2024

The National Company Law Tribunal (NCLT) has initiated the corporate insolvency resolution process (CIRP) for Jupiter Landscapes due to its failure to repay INR 573.98 crore in non-convertible debentures. The Mumbai-based firm, which defaulted on payments since March 2023, attributed its financial struggles to the Covid-19 pandemic and economic challenges. With a total outstanding amount of INR 563.98 crore, the NCLT found sufficient evidence of default and appointed an interim resolution professional to oversee the process. This ruling could either lead to the company's revival or liquidation, highlighting the ongoing challenges faced by the real estate sector.Read more

10 Oct 2024

The Allahabad High Court has ruled in favour of Larsen & Toubro (L&T), allowing the company to sell flats in its Green Reserve project in Sector 128 after overturning a Real Estate Regulatory Authority (RERA) decision. The court found that the project was automatically registered due to RERA's failure to respond to L&T's application within 30 days, dismissing RERA's claims regarding co-promoters and instructing the authority to issue necessary registrations. This ruling enables L&T to continue its sales and marketing efforts without facing penalties.Read more