PNT Reporter

28 Mar 2024

A dispute over land acquisition for a major sports complex project in Noida has reached the Allahabad High Court. ATS Homes, the project's developer, accuses the Noida Authority of not providing the necessary 25 acres of land for the project's initial phase, despite plans for a 125-acre "Sports City" in Sector 152, Noida. The court has raised concerns about the delay and directed the Noida Authority to respond by April 3. The project, featuring an international cricket stadium and other sports facilities, could enhance Noida's infrastructure and promote a healthy lifestyle, pending resolution of the land allotment issue.Read more

27 Mar 2024

The incorporation of 23 areas into Pune's civic limits in 2021 is anticipated to stimulate real estate development with the impending implementation of the Unified Development Control and Promotion Rules (UDCPR). These rules are meant to offer benefits to developers and landowners by relaxing regulations and fostering high-rise constructions, especially in the city's outskirts. Local residents and leaders have long advocated for the UDCPR's implementation to ensure uniformity in construction regulations across all areas under the Pune Municipal Corporation, marking a significant step towards streamlined development.Read more

27 Mar 2024

MahaRERA recently cancelled agreements for four homebuyers in Pune who defaulted on payments totaling INR 4 crore to Gera Developments. Despite reminders, some buyers failed to meet installments deadlines, prompting the developer's appeal to MahaRERA. Five buyers settled dues, but four didn't comply, leading to cancellation. This underscores the importance of timely payments. The ruling emphasizes MahaRERA's role in ensuring fairness and compliance in real estate. It's a wake-up call for both developers and buyers to uphold their obligations. Effective communication and financial planning are vital to avoid such situations and maintain transparency in property transactions.Read more

PNT Reporter

26 Mar 2024

The Delhi government has initiated data collection to develop unauthorized colonies, focusing on solid waste management, road conditions, borewells, and sewer conditions. Multiplicity of agencies has been a hurdle, prompting data collection by agencies across Vidhan Sabha-wise jurisdictions. With over 30% of Delhi's population residing in illegal colonies, the government aims to regularize and redevelop 1,731 of them. Additionally, the Delhi Development Authority's PM Uday Yojana has received 4.75 lakh applications for ownership rights, though challenges like high fees and limited benefits persist. Efforts include simplifying procedures and enhancing infrastructure, with INR 900 crore allocated for upgrades in 2024-25.Read more

PNT Reporter

26 Mar 2024

In Kolkata, the KMC buildings department has cracked down on six illegal buildings near a collapsed site in Azhar Molla Bagan. One dangerously tilting structure faces imminent demolition, while efforts are on to locate three others showing signs of instability. Promoters will face hearings at the civic headquarters, with potential demolition orders for unsafe portions. Residents face uncertainty over the fate of their homes, especially those tilting towards neighbouring buildings. Mayor Firhad Hakim reaffirms zero tolerance for illegal constructions, highlighting the urgent need to address the proliferation of such buildings to prevent future tragedies.Read more

PNT Reporter

26 Mar 2024

The Bengaluru consumer court reprimanded Sri Lakshmi Constructions for breaching contract terms in a Vasantha Vallabha Nagar apartment purchase. The builder, accused of failing to provide covered car parking, sewage treatment, BWSSB connection, and rainwater harvesting, was ordered to rectify these deficiencies and compensate the complainant with INR 20,000 for mental distress, plus litigation costs. The complaint arose from purchasing a 2 BHK flat in 2021, with subsequent dissatisfaction over inadequate amenities. Despite the builder's argument against the complainant's consumer status, the court held them accountable, emphasizing their failure to fulfill obligations, particularly regarding parking arrangements.Read more

PNT Reporter

25 Mar 2024

The State Government of Maharashtra has introduced a policy initiative to address delays in building redevelopment, especially concerning senior citizens, presenting it to the Bombay High Court. The government's circular, discussed during a session led by Justices Girish Kulkarni and Firdosh Pooniwalla, outlines measures to address delays impacting senior citizens, stressing adherence to statutory directives. The court, in its subsequent order, emphasized the need for proactive measures to prevent such delays, expressing satisfaction with the government's actions to protect seniors' housing rights. Stemming from a petition by Jayashree Dholi, the court mandated the maintenance of a registry for such projects and proposed a specialized oversight cell. It urged for swift resolution of disputes and highlighted the importance of addressing senior citizens' complaints promptly.Read more

PNT Reporter

25 Mar 2024

To address the financial impasse of the Chandigarh Municipal Corporation (MC), the UT administration has approved an interim budget of INR 300 crore for the next three months in the new fiscal year. This interim measure aims to tackle various committed liabilities, including employee salaries, garbage processing expenses, and infrastructural works, amidst uncertainties surrounding the approval of the budget passed by the MC general house. The budget meeting, conducted despite legal challenges, led to the passage of the budget, now under scrutiny by the administration and challenged by BJP councilors. While the interim budget provides temporary relief, swift administrative action is needed to ensure smooth municipal operations in Chandigarh.Read more

PNT Reporter

25 Mar 2024

The Greater Noida Industrial Development Authority (GNIDA) oversaw 1,000 flat registrations across 30 group housing societies as part of a state government rehabilitation package for stalled projects. Plans are set for an additional 10,000 registrations, with the majority in Greater Noida West. Developers owe INR 1,800 crore, with relief options available. Consent obtained from 75 out of 96 defaulter projects may lead to 15,000 flat registrations. Similar initiatives in Noida and Yamuna aim to streamline processes, fostering trust and development.Read more

PNT Reporter

22 Mar 2024

The Delhi Development Authority is offering discounted flats and new inventory under their Diwali Special Housing Scheme 2023. Over 600 flats in Narela and Ramgarh Colony are discounted 15-25% for LIG and MIG categories, making them affordable for first-time buyers. Additionally, 7,931 new EWS and LIG flats in Narela are available. Existing flats in established areas like Jasola, Rohini and others are also being offered, including 8 HIG flats priced between INR. 2-2.1 crore. With options for all income groups and budgets across various locations, this scheme provides a great opportunity for Delhi residents to purchase affordable homes.Read more