Tag: #Regulatory

rera

The Madhya Pradesh RERA is expected to restart stalled projects.

July 17, 2023

BHOPAL: The Madhya Pradesh Real Estate Regulatory Authority (RERA) would assess the unfinished projects and work with government organizations to complete them. According to the Madhya Pradesh real estate regulating authority, attempts were made to finish any unfinished or protractedly unworked projects. The same goes for projects that have missed deadlines or had their deadlines […]

The Madhya Pradesh RERA is expected to restart stalled projects.more
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At Delhi’s Shalimar Bagh, the ED attaches an “Ambience Tower” worth Rs 252 crore.

March 27, 2023

NEW DELHI: In conjunction with a money laundering probe related to an alleged bank fraud case against the Ambience Group, the Enforcement Directorate announced on Friday that it had attached a multi-storeyed commercial complex in Delhi’s Shalimar Bagh neighbourhood, valued at more than Rs 252 crore. The immovable property is known as Ambience Tower and […]

At Delhi’s Shalimar Bagh, the ED attaches an “Ambience Tower” worth Rs 252 crore.more

For promoting unregistered developments, MahaRERA in Pune has targeted eight more.

March 24, 2023

PUNE: 25 projects throughout the state that had been marketed without registration are now the subject of another suo motu action by the Maharashtra Real Estate Regulatory Authority (MahaRERA). The developers have received notices, according to officials’ statements on Thursday. In this respect, Pune has the second-highest number of breaches. MahaRERA also sent identical letters […]

For promoting unregistered developments, MahaRERA in Pune has targeted eight more.more

In Coimbatore, a corporation collects 43% of outstanding property taxes.

March 15, 2023

COIMBATORE: The city corporation has recovered 43% of unpaid property taxes with around 15 days left in the current fiscal year. Just 38% of the corporation’s unpaid taxes from the previous year were finally collected. Arrears totaled 103 crores at the start of the current fiscal year, of which 44.56 crore have been collected. According […]

In Coimbatore, a corporation collects 43% of outstanding property taxes.more

Mumbai: The HC orders the BMC to create regulations for the use of cranes when building highrises.

March 13, 2023

MUMBAI: We expect that none of the highrise developments in the city should render people susceptible and prone to such mishaps, in which innocent people might get maimed or lose their life, stated HC in directing BMC to develop standards for the use of cranes in highrise structures. In a plea, Lokhandwala Residency Tower Cooperative […]

Mumbai: The HC orders the BMC to create regulations for the use of cranes when building highrises.more

MahaRERA Scam: Two untraceable architects who created building plan layouts.

March 10, 2023

KALYAN: The two architects who prepared and certified the plan layouts of the majority of the buildings constructed illegally are wanted by the Enforcement Directorate (ED), which is looking into the MahaRERA scam involving 65 developers in Kalyan-Dombivli. However, the ED discovered that both architects provided false information about their firms and are therefore untraceable. […]

MahaRERA Scam: Two untraceable architects who created building plan layouts.more

Ahmedabad civic body to prevent illegal property sale deed registration.

March 1, 2023

AHMEDABAD: If your built property or illegal extension is on the civic body’s demolition list, you may find it difficult to register the property’s sale deed. On Thursday, Municipal Commissioner M Thennarasan shot off a circular to authorities of all municipal zones – such as estate officers -prescribing a standard operating process (SOP) of action […]

Ahmedabad civic body to prevent illegal property sale deed registration.more

High Court sets aside attachment of Piramal Realty’s properties worth Rs.410 crore.

February 27, 2023

The Delhi High Court has set aside a provisional attachment of Piramal Realty’s properties worth Rs.410 crore by the Enforcement Directorate. The high court ruled in an order issued a week ago that the ED’s provisional attachment of properties “cannot continue” because the realty company “was not arrayed as an accused and was merely a […]

High Court sets aside attachment of Piramal Realty’s properties worth Rs.410 crore.more