25 Jul 2024

Flat owners in Karnataka have urged the State Government to implement clearer laws regarding the title, ownership, and maintenance of group housing properties. They highlight that builders are not transferring ownership of undivided land to flat owners' associations, allowing them to mortgage the land and construct new structures. The Bangalore Apartments Federation and other associations have appealed to Deputy Chief Minister DK Shivakumar for updates to the Karnataka Apartment Ownership Act (KAOA), 1972. Legal experts and owners cite gaps in KAOA, KOFRA, and RERA laws and demand amendments to ensure proper transfer of ownership and formation of owners' associations.Read more

24 Jul 2024

Chief Minister Mohan Majhi has directed district administrations to identify and evict illegal encroachers from government land. Emphasising the importance of land for public use and development, Majhi stated that squatters must be removed promptly. Revenue Minister Suresh Pujari clarified that the initiative will only target powerful land grabbers and not the landless poor. The reclaimed land will be used for public utilities and development projects. District collectors have been instructed to survey the encroachments and report back. The eviction drive will prioritise the most influential land grabbers, particularly in Bhubaneswar and Cuttack, where extensive illegal occupations have been reported.Read more

24 Jul 2024

Homebuyers in Noida are facing uncertainty as Supertech's dispute with the Greater Noida Authority delays flat registrations for around 2,000 units. The issue revolves around outstanding dues of INR 900 crore, part of a larger disputed amount claimed by the Authority. Supertech, undergoing insolvency proceedings, has submitted a resolution plan proposing to settle these dues and register flats in Ecovillage 1, Ecovillage 3, and Czar Suites. However, disagreements persist over payment terms and conditions, leaving several homebuyers in limbo after waiting over seven years for registrations. Clarity and timely resolution are critical for addressing homebuyer concerns amid ongoing legal complexities.Read more

24 Jul 2024

A Bengaluru resident, Shreyanshu Pavas, won a significant victory from the Karnataka Real Estate Regulatory Authority (KRERA), receiving INR 48.4 lakh compensation for a seven-year delay in the possession of his apartment. Mr. Pavas had booked a flat in Mantri Webcity 2A on Hennur Road in 2013, expecting completion by 2016. Despite paying over INR 63 lakh, he faced immense inconvenience and financial loss due to the delay. KRERA ruled in his favour, emphasising the developer's failure to honour contractual agreements, highlighting RERA's crucial role in protecting home buyers' rights in India.Read more

24 Jul 2024

In a landmark initiative, Haryana distributed ownership certificates to over 5,000 residents in Manesar, resolving long-standing uncertainties over Lal Dora lands. These residents, despite living on government-designated land for decades, lacked official ownership documents, limiting their financial and legal security. Under the Mukhyamantri Shahri Swamitve Yojane scheme, beneficiaries now hold property rights at collector rates, enabling them to sell, renovate, or secure loans against their homes. Chief Minister Nayab Singh praised the program's impact, noting over 2 lakh residents statewide have benefited. This move not only fulfills an electoral promise but also enhances lives and stability across Haryana.Read more

24 Jul 2024

A recent incident in Nagpur underscored a critical public safety issue: nearly 200 dilapidated buildings across the city pose significant risks. A partial collapse in Ganjipeth last month highlighted the urgency. Despite identifying 240 unsafe structures in pre-monsoon surveys, the Nagpur Municipal Corporation (NMC) has only demolished 41. This leaves 199 buildings, some still occupied, at risk. The Gandhibagh zone alone has 97 dilapidated buildings, with only six addressed. The NMC must enforce vacate orders, provide relocation support, and explore repair options to ensure residents' safety and prevent future tragedies.Read more

23 Jul 2024

The Vadodara Municipal Corporation (VMC) faces scrutiny over its Basic Services to the Urban Poor (BSUP) housing schemes due to significant structural issues. The Kishanwadi housing project, consisting of 94 blocks and 3,008 houses, has 24 blocks declared dilapidated, affecting 896 homes. Built between 2010 and 2012, these houses showed defects from the first monsoon season, including leaks and falling plaster. VMC claims poor maintenance by residents, while residents blame substandard construction. Safety concerns heightened after a ceiling collapse in Jambuva resulted in a fatality.Read more

23 Jul 2024

The Yamuna Expressway Industrial Development Authority dropped its appeal before the National Company Law Appellate Tribunal against an order that allowed Ace Infracity's bid for Three C Homes. This step resulted from developers' approval to compensate farmers. In January 2021, the YEIDA had canceled the land allotment that was challenged by Three C Homes before NCLT. In January 2023, the court restored land allotment and approved the resolution plan proposed by developers in June 2023. During the bid approval, the court noted that the developers had been approved by the Committee of Creditors, a decision that YEIDA challenged.Read more

23 Jul 2024

The Haryana Real Estate Regulatory Authority (HRERA) has imposed a INR 5 crore penalty on Vatika Ltd for failing to register its Vatika India Next project within the mandated time frame under the Real Estate (Regulation and Development) Act 2016. Despite obtaining a licence in 2013, the developer did not register the project within three months of the Act's notification in 2017. HRERA's chairman, Arun Kumar, emphasised the importance of timely registration for ongoing projects, clarifying that registration is compulsory for projects without completion certificates before 2016. Vatika Group has acknowledged the penalty and committed to compliance with regulatory decisions, citing challenges with project details due to road development issues.Read more

23 Jul 2024

The Supreme Court recently stayed a Gujarat High Court order to reclaim 108 hectares of grazing land allotted to the Adani Ports near Mundra port in 2005. The stay came after the Adani Ports appealed, arguing the High Court's decision violated natural justice by not hearing their counsel. The High Court's order followed a PIL by Navinal villagers, who claimed the land was a vital community resource. The state had promised additional grazing land, but it did not materialise, prompting legal challenges. Adani Ports contended that substantial investments and compensation were already made, and reversing the order would cause irreparable harm.Read more