Homebuyers opposed the central government’s ordinance to amend the Insolvency & Bankruptcy Code (IBC) 2016 and demanded a stay of the operation of Section 3 of the Insolvency and Bankruptcy Code (Amendment) 2019, which aims to modify Section 7 of the IBC. “The writ petition is filed by 11 petitioners from 11 different projects, including […]
Homebuyers filed a writ petition in SC challenging IBC amendment.more
Residents of Azad Nagar chawls in Wadala, in violation of the Bombay High Court ruling in March 2019, wrote to Municipal Commissioner Praveen Pardeshi to terminate the development agreement with East & West Developers, a part of RNA Group, for failing to pay transit rent to 324 residents. On 1 September at the project location […]
Wadala Chawl residents ask BMC to forfeit redevelopment agreement with East & West Developers.more
In an important decision which would support a large number of shops in local shopping centres (LSC) in areas such as Greater Kailash, Defense Colony, South Extension, etc, the Delhi Development Authority (DDA), at its meeting on Thursday, granted an exemption from conversion charges to shops that initially auctioned as purely commercial property. “DDA wanted […]
Delhi Development Authority (DDA) announced exemption on shop conversation charges.more
The Gujarat Real Estate Appellate Tribunal stated in a significant order that the group must, first be registered association if a group of residents wants to complain against a developer with the Gujarat Real Estate Regulatory Authority (RERA). The residents or allottees of houses can lodge complaints either individually or by means of a lawyer, […]
RERA: A group of residents cannot file a complaint against a builder without registration.more
In Malad West at Orlem, owners of almost 10 bungalows, claiming they live there for decades, were allegedly told a member of a neighbouring colony of sweepers to incorporate them without their knowledge in a Slum Rehabilitation Authority (SRA) scheme. The 10 bungalows in D’Monte Lane received notifications of demolition after their owners were considered as […]
Ten Bungalows at Malad West have been allegedly marked under Slum Rehabilitation Authority Scheme.more
