PNT Reporter

03 Apr 2023

In an effort to improve the living conditions of poor families in Jammu and Kashmir, the Lieutenant Governor of the Union Territory, Manoj Sinha, announced that the administration will soon provide land and homes to landless families. Currently, there is no law in J-K that provides land to the poor, leaving many families struggling to find adequate housing. However, under the new provision, houses will be built for these families under the PM Awas Yojana.Read more

PNT Reporter

03 Apr 2023

In a recent judgment, the Karnataka High Court has ruled that a bank acting as a mortgagee has the right to claim compensation as a "person interested" under Section 64 of the Land Acquisition Act, 2013, if the mortgaged property is acquired. Justice Krishna S Dixit allowed the petition filed by DBS Bank and directed the special land acquisition officer to refer the bank's claim to the district court with all necessary papers.Read more

PNT Reporter

31 Mar 2023

According to sources, the state government of Maharashtra is a considering implementing a system of registering properties using maps instead of relying solely on geographical descriptions. Last Friday, a GR was issued related to this matter and the committee is expected to provide its recommendations within a month. Currently, a comprehensive geographical description is necessary for the title document. Officials have stated that if registration with maps is implemented, the property title would become more precise. Several states have already begun utilizing maps for property registration.Read more

PNT Reporter

31 Mar 2023

The Supreme Court of India dismissed an appeal filed by the Enforcement Directorate (ED), affirming that the duration for granting default bail in a criminal case would include the remand period. The Supreme Court had earlier stayed the Bombay High Court order granting bail to the Wadhawan brothers in September 2020, and had issued a notice to the accused on the ED's plea against the High Court order. On February 23, 2021, the top court referred the legal question to a larger bench, which has now been answered in favour of including the remand period while calculating the duration for granting default bail in a criminal case.Read more

PNT Reporter

31 Mar 2023

The Odisha state government is preparing to introduce a new bill in the assembly to establish an association of homebuyers in real estate projects. Under the proposed Odisha Apartment Ownership Bill 2023, the association can be formed if seven persons or 50% of allottees, whichever is lower, are allotted flats in apartments. The bill seeks to replace the Orissa Apartment Ownership Act of 1982.Read more

PNT Reporter

30 Mar 2023

The Indian government is looking to accelerate its 'housing for all' initiative for rural India, aiming to meet the target three months ahead of schedule by December 2023. A senior official from the rural development ministry stated that the government is in discussions with states to speed up construction processes and complete housing projects quickly. If successful, this will be a significant achievement for the Modi government in advance of the 2024 general election.Read more

PNT Reporter

30 Mar 2023

The Bombay High Court has directed the Vasai Virar Municipal Corporation to grant occupancy certificates to 27 buildings constructed more than two years ago. The move is expected to provide relief to over 1,000 flat buyers in the massive HDIL layout project. The court directed the corporation to issue the certificate within four weeks after verifying compliances.Read more

PNT Reporter

30 Mar 2023

The Allahabad high court will oversee the progress of civic work at a township developed by the Noida Authority after residents alleged that the area lacked basic facilities for more than two decades. The RWA of Express View Apartments (Super MIG) in Sector 93 filed a petition last year, alleging "inaction" on the part of the Authority despite several letters and reminders. The Authority had developed the township in 2002, and it is currently home to around 5,000 people living in 1,008 flats.Read more

PNT Reporter

29 Mar 2023

The Enforcement Directorate (ED) in India has attached a commercial complex worth over Rs 252 crore (around $33 million) located in Delhi’s Shalimar Bagh area in connection with a money laundering investigation linked to an alleged bank fraud case against the Ambience Group. The immovable property, called Ambience Tower, belongs to a company called Ambience Towers Pvt Ltd, which is a firm of the Ambience Group promoted by Raj Singh Gehlot. The ED has issued a provisional order under the Prevention of Money Laundering Act (PMLA) to attach the commercial building.Read more

29 Mar 2023

The Andhra Pradesh Assembly has passed a bill amending the Revenue Act, settling decades-long dotted land disputes in the state. The move benefits thousands of farmers, as it grants titles to those who have possessed the lands for over 12 years. The new guidelines also promote urban development and generate additional government revenue by allowing municipal bodies to levy property taxes and the registration department to collect stamp duty. The resolution of these disputes will streamline land transactions, as the estimated 100,000 pending applications related to dotted land issues are addressed.Read more