After a 27-year legal impasse, the Greater Noida Authority has approved the registration of 800 apartments in the Senior Citizen Home Complex Welfare Society, providing relief to homebuyers who have lived without formal ownership. The delay stemmed from internal disputes within the society, preventing the issuance of a completion certificate essential for property registration. Following intervention by Uttar Pradesh Chief Minister Yogi Adityanath in December 2023, the authority resolved the issues and issued the certificate. The process will allow homeowners to officially transfer ownership titles, marking a major milestone for residents awaiting legal ownership since 1997.Read more
Union Commerce and Industry Minister Piyush Goyal has pledged to support easier financing for the real estate sector, advocating with the Reserve Bank of India and local governments for faster project approvals, contingent on transparency and zero corruption. Highlighting the benefits of the Real Estate (Regulation and Development) Act (RERA), he emphasized the improved trust in the sector and banks' renewed confidence in financing. Addressing concerns raised by CREDAI President Boman Irani, Goyal committed to tackling financing challenges with the RBI and finance ministry, while calling for a pledge against shortcuts in the industry.Read more
Bengaluru Urban District is struggling with a significant backlog of land dispute cases in revenue courts, totalling 16,355 unresolved cases, many of which have been pending for over three years. Administrative challenges hinder prompt resolutions, with 10,324 cases concentrated at the Assistant Commissioner level. The Revenue Department has implemented regular hearings to rush the process and mandated that pending appeals be distributed among parallel teams for resolution within six months. Despite efforts, the situation remains critical across various courts, including the Deputy and Assistant Commissioner courts, with thousands of cases still awaiting final decisions.Read more
The Dharavi redevelopment project is introducing incentives to attract investment, including relaxed open space requirements in front of buildings, aimed at fostering a more usable urban environment. S.V.R. Srinivas, CEO of the Dharavi Redevelopment Project, has requested the authority to allow these relaxations without charging a premium, provided they do not compromise public safety. Adjustments will be considered in cases of demonstrable hardship, with the CEO required to justify any changes in writing. A proposed new sub-clause in the Development Control & Promotion Regulations 2034 seeks to clarify the implications for open space requirements, which currently mandate a 10ft setback.Read more
Earlier this month, CM Vishnu Deo Sai presided over a cabinet meeting that approved amendments to the reorganisation orders for five major development authorities, including the Chhattisgarh State Rural and Other Backward Classes Development Authority. The cabinet also greenlit a new urban development policy focused on land reorganisation and development plan execution. This amendment broadens representation by allowing all cabinet ministers, Rajya Sabha and Lok Sabha MPs, and district panchayat presidents to join the authorities. Furthermore, INR 4.56 crore was allocated from the CM's optional fund to benefit 262 individuals and organisations. The housing and environment department will issue guidelines to enhance public land use and civic amenities.Read more
A group of Uruli Devachi and Phursungi residents are preparing to challenge the recent decision to demerge the areas from Pune Municipal Corporation (PMC). They are worried about high property taxes and the lack of basic services. They believe creating a new municipal council won't fix these problems. They plan to take their case to the Bombay High Court. The locals plan to challenge the demerger notification in the HC. Protests have already taken place, and further legal steps are expected too.Read more
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) is addressing complaints from allottees regarding promoters offering conditional possession of units through agreements that undermine their legal rights. These agreements differ from the original sale contracts and often force allottees to sign under duress. Additionally, many projects are being marketed with unapproved facilities, unauthorised changes to plans, and delayed possession timelines. Promoters are demanding payments beyond agreed costs and pressuring allottees to accept incomplete units without necessary occupancy or completion certificates. UP-RERA is poised to take action against guilty promoters to protect the rights and interests of the allottees.Read more
Real estate developers in the National Capital Region (NCR) can now conduct non-polluting construction activities during winter months when pollution levels typically rise. New guidelines from the Commission for Air Quality Management clarify prohibited activities, allowing developers to maintain at least 50% of their work and keep their labour force engaged. Industry leaders emphasize that this will help alleviate delays caused by construction bans and benefit daily wage labourers. While specific operations like brick furnaces and mining face restrictions, the guidelines enable developers to plan ahead, ensuring timely project completion amidst rising air pollution concerns.Read more
The Uttar Pradesh Housing and Development Board (Avas Vikas Parishad) has announced new policies benefiting property owners, allowing the merger of adjacent plots owned by the same person or immediate relatives. Residential plot combinations require a 2% fee, while commercial properties need a 5% fee for four plots. Additionally, government employees can now obtain property possession by paying 50% of the total cost upfront. A structural safety certificate will be mandatory for group housing projects over 15 floors. The board also approved a private developer's integrated township in Barabanki and agreed to compensate over 1 lakh farmers for previously acquired land.Read more
The Pilerne Citizens Forum has taken legal action by challenging Sections 17(2) and 39(A) of Goa's Town and Country Planning (TCP) Act in the High Court. The forum, led by convener Prakash Bandodkar, argues that these provisions are being misused to convert green zones illegally, which poses a significant threat to Goa's environment. According to Bandodkar, the court has accepted the forum's application, and a hearing is scheduled for Thursday. The forum is requesting the court to annul these two sections and direct the government to draft a new, sustainable Regional Plan for Goa.Read more