30 Jun 2023

Three realtors from Chennai have been arrested by the Tirupur crime branch police for allegedly swindling two individuals out of 2.22 crore. The arrests were made based on a complaint filed by S Prakash, a realtor from Tirupur. The accused realtors had purportedly offered a plot of land for sale but provided incomplete documentation. The victims made the purchase and completed transactions totaling 1,22,79,000, along with a cash payment of 1 crore. The fraud was exposed when the genuine landowner presented legitimate documents.Read more

30 Jun 2023

A case of alleged cheating and criminal intimidation has surfaced in Visakhapatnam, where the widow of an Army officer filed a complaint against the promoters of GCON BUILDER, a private real estate company. According to the complaint, the family had purchased a duplex flat from the builder, but the project was delayed multiple times without proper communication. Suspecting a discrepancy in the flat's actual area, the family consulted an architect who confirmed a significant difference. When the family confronted the builder, they were met with intimidation and threats. The complaint has been registered, and the police have initiated an investigation into the matter under relevant sections of the Indian Penal Code.Read more

29 Jun 2023

The Municipal Corporation of Delhi (MCD) has debarred 140 architects from approving building plans due to complaints of incorrect information in the sanctioned plans. The move is in response to concerns about architects violating building norms and submitting plans that violate established regulations. The MCD is taking steps to ensure the accuracy and legitimacy of plans by verifying ownership details and preventing plans from unauthorized colonies. Architects found guilty of misconduct will be debarred for three years, and their plans will be revoked. The MCD is considering registering police complaints against repeat offenders.Read more

29 Jun 2023

The Greater Noida Industrial Development Authority (GNIDA) has initiated disciplinary action against officials in the land records department for the slow progress in acquiring land for eight new industrial sectors. One month's salary has been withheld, and payments to the private agency assisting in land purchase have been stopped. GNIDA has acquired only 500 hectares out of the required 900 hectares and has set a three-month deadline to complete the process. The sectors will cover nearly 900 acres in Ecotech 7, 8, 9, 12A, 16, 19, 19A, and 21. The CEO has instructed officials to identify new sectors for land acquisition.Read more

29 Jun 2023

The AUDA (Ahmedabad Urban Development Authority) has made a significant decision that affects plotting schemes authorized before 2010. Any developer who modifies the designated purpose of a subplot within a plotting scheme will now face a mandatory land deduction of 40 percent. This means that if a plotting scheme initially approved for exclusive bungalow construction is altered to include merged subplots with residential or commercial buildings, the developer must allocate 40 percent of the land for public spaces, such as roads and gardens. Previously, developers were exempt from land deductions if the subplots were already sold.Read more

29 Jun 2023

The Kolkata Municipal Corporation (KMC) has increased fines for unauthorized constructions in order to discourage violations of building rules. Builders and owners found guilty of such violations will face higher fines, and the recent demolition of unauthorized buildings has served as a deterrent. While severe violations will not be eligible for regularization, minor modifications may be allowed upon payment of a nominal amount. The KMC aims to promote compliance with building regulations, maintain safety, and preserve the city's architectural integrity.Read more

28 Jun 2023

Chief Minister K Chandrasekhar Rao inaugurated the 2BHK dignity housing colony in Kollur, which spans 145 acres and consists of 15,660 dwelling units. The project aims to provide affordable housing with flats of 560 sq. ft of built-up area at a cost of Rs 8.65 lakh per unit. It features extensive civil infrastructure, including road networks, drainage systems, water pipelines, shopping complexes, and more. The scheme received an overwhelming response with 7.09 lakh applications, highlighting the demand for dignified housing in Telangana.Read more

28 Jun 2023

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced that it will only register new real estate projects after verifying the commencement certificate issued by local planning authorities. This decision is a response to the Kalyan-Dombivli fraud case, where counterfeit documents were used to obtain MahaRERA registration certificates. Local authorities have been given a deadline to integrate their websites with MahaRERA or send independent emails for project registrations. This measure is expected to enhance transparency and protect the interests of homebuyers in Maharashtra.Read more

28 Jun 2023

The Maharashtra government has not yet reached a decision regarding the repeal of the Maharashtra Ownership of Flats Act (MOFA), 1963, according to Deputy Chief Minister Devendra Fadnavis. While developers' organizations have called for the Act's repeal, numerous citizens and consumer groups have voiced their support for its continuation. The housing department has not engaged in discussions with all stakeholders and is considering their opinions before making a final decision. Repealing MOFA would impact housing societies and buildings not covered under the Real Estate (Regulation and Development) Act (RERA), which were governed by MOFA until the implementation of RERA.Read more

28 Jun 2023

According to officials, multiple commercial entities are emerging along the South City area. In response, the Ludhiana Improvement Trust (LIT) officials are devising a plan to introduce a new scheme that combines green industry and residential components. The scheme aims to foster sustainable development by incorporating environmentally friendly practices within industrial and residential spaces. Through this initiative, LIT intends to create a harmonious blend of industry and residential areas while promoting a greener and sustainable environment. The scheme's launch is anticipated to provide a platform for both commercial and residential growth, catering to the evolving needs of the region.Read more