21 Jun 2023

A developer has lodged a complaint against a presiding officer of the Rajasthan Real Estate Regulatory Authority (RERA) court, accusing them of biased behavior and favoritism. As a result, the RERA court has declared the developer as non-compliant for failing to adhere to its previous orders and has summoned the directors of the builder group and their chartered accountants for a hearing. The complaint was originally filed by an aggrieved party seeking a refund for non-delivery of a residential project, and despite a court order, the builder group failed to comply, leading to further legal action.Read more

21 Jun 2023

The CHB is launching a new e-auction for residential and commercial properties. It includes 40 residential freehold properties and 88 commercial leasehold properties. Bidding starts on June 14 and ends on July 5. The CHB has added eight residential properties since the previous auction. The properties range from two-bedroom EWS units to high-end houses. Recent auctions have had mixed success rates. The CHB aims to provide a transparent process for buyers and promote access to quality properties in Chandigarh.Read more

21 Jun 2023

In a bid to address the issue of over 23,000 flats being handed over without proper registration, the stamp and registry department in Noida has taken action against 66 builders. Notices have been issued, warning of legal consequences if the flats are not registered within a month. The district magistrate held a meeting on June 16 with developers and Noida Authority representatives to discuss the reasons behind the oversight. The authorities aim to safeguard property rights and prevent revenue losses. Efforts are underway to expedite the registration process and raise awareness among buyers.Read more

21 Jun 2023

In the wake of the National Green Tribunal (NGT) revoking Technopark Phase 3's environmental clearance, the State Environment Impact Assessment Authority (SEIAA) is seeking legal advice for a potential appeal. The move comes as SEIAA maintains that due procedures were followed in granting clearance to Dragonstone Realty Private Limited's mixed land-use project. Amid this legal imbroglio, SEIAA has also urged the project proponent to conduct a cumulative impact study to identify and mitigate any adverse environmental impacts caused by the project.Read more

21 Jun 2023

The Mohali Development Authority has taken steps to ensure fairness and transparency in the allocation of plots under its jurisdiction. To achieve this, the authority has organized a plot numbering draw, aiming to streamline the allocation process. In addition, the authority has extended relief measures for allottees of the IT city. As per the latest announcement, allottees wishing to avail benefits must submit a "no dues certificate" within a three-month period. This requirement aims to streamline procedures and promote accountability in plot allocation.Read more

20 Jun 2023

Experts are expressing concerns over a potential policy change that would make first-floor slum dwellers eligible for slum rehabilitation schemes. Without strong regulation, this change could lead to a surge in the construction of new first-floor slum tenements. Builders may benefit from selling almost double the area with only a marginal increase in costs. The policy alteration, expected to be released before the upcoming BMC elections, aims to boost stalled Slum Rehabilitation Authority (SRA) projects. While the intention is to provide housing for the urban poor, there is a risk that the scheme could inadvertently promote slum development.Read more

20 Jun 2023

The Madras High Court has lifted a previous stay on the state government's plan to establish Tidel Park near the MGR Bus Stand in Madurai. The decision comes after a petition was filed by the traders' association seeking the implementation of a 2010 Government Order (GO) for a market. The court vacated the interim injunction, allowing the government's proposal for Tidel Park to proceed. The court has also requested a response from the agriculture departments regarding the 2010 GO. The decision paves the way for the realization of the business park in Madurai.Read more

20 Jun 2023

The Noida Authority has launched two Group Housing Schemes in sectors 43 and 44, offering prime plots through an e-auction process. The plots measure 13,800 and 41,145 square meters and interested parties must register by June 30. A non-refundable processing fee of Rs 20,000 per plot is required for participation. The Authority aims to develop group housing projects in these central Noida sectors and expects a high demand. Successful bidders must submit earnest money and pay the remaining land cost within 90 days.Read more

20 Jun 2023

In a first-of-its-kind initiative, the Delhi Development Authority (DDA) is set to offer around 5,000 diverse category flats on a first-come, first-serve basis under its online housing scheme. The move, designed to make owning a flat more affordable and accessible, will also address demands for multiple home ownership for larger families. Depending on the demand, the DDA has plans to add more flats. The authority will also offer solutions for the residents of Signature View Apartments and intends to provide better living conditions for eligible slum-dwellers.Read more

20 Jun 2023

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued a "public notice" to Investors Clinic, a real estate agent, for allegedly violating rules in promoting a Noida-based project by M3M Group. The notice was issued after Investors Clinic failed to attend a scheduled hearing on June 12, as instructed by UP-RERA. The agent was previously issued a show cause notice on June 3, requesting clarification regarding the promotion and publicity of the "M3M The Cullinan" project in Noida Sector 94.Read more