After a ceiling fall caused residents of the Jains Westminster Owners Association in Chennai to question the quality of their complex's construction, they filed a police report against Jain Housing and Construction. The building had been plagued by leaks and flaws since 2016. Jain Housing's MD, Sandeep, acknowledged the problems and said that remediation work is in progress. The tragedy has sparked a wider discussion about safety regulations, construction accountability, and resident rights. GCC commissioner J. Radhakrishnan pledged assistance for locals seeking justice.Read more

The long-awaited LIFE Mission housing project near Mundamveli, owned by the GCDA, is in its final stages, set to launch by month-end. With one block completed and the second nearly finished, relief is imminent for 80 families from P&T Colony who will relocate. The Thrissur District Labour Contract Co-operative Society is expediting work. The inauguration awaits Chief Minister Pinarayi Vijayan's coordination. This project comprises two four-story buildings, 83 flats, essential amenities, and integrated rainwater harvesting, with an estimated cost of Rs 14.61 crore. The launch marks a significant step toward improved living conditions and collaboration in funding and execution.Read more

In a significant shift in real estate regulations, the Karnataka Real Estate Regulatory Authority (KRERA) has ordered builders to transfer control of common areas in apartment complexes to residents' associations. This landmark ruling was specifically directed at Signature Dwellings Private Limited, and it mandates the immediate transfer of common areas to allottees' associations upon their formation. Experts believe that this decision not only resolves a longstanding issue but also sets a precedent that could lead to broader reforms, potentially benefiting homebuyers across the nation.Read more

The Bombay High Court has established a committee comprising officials from various departments to propose a roadmap for reconstructing and repairing 45 kilometres of roads in the ecologically sensitive Aarey Colony. The court addressed concerns raised in public interest litigations about the roads' poor conditions and directed the committee to consider environmental regulations and eco-sensitive zone laws during their work. The committee must present its recommendations for funding and repair plans before the next hearing on September 23. The court also emphasized the need for cooperation among authorities and directed immediate repairs for a specific road segment.Read more

The Assam Real Estate Appellate Tribunal (REAT) made a significant ruling, stating that the mere pendency of civil suits cannot be used as a legal justification to prevent the registration of real estate projects. The ruling came as a result of an appeal by a builder who faced penalties for failing to register a project as required by the Real Estate (Regulation and Development) Act, 2016. The builder argued that the project was involved in various civil suits, but the Tribunal dismissed this argument, emphasizing the importance of complying with the statutory requirements. The ruling serves as a warning to the real estate industry to adhere to registration requirements before marketing or selling any real estate projects.Read more

A real estate broker from Sola has filed a police complaint against a bullion trader and builder from Prahladnagar, alleging a fraud of Rs34.56 crore in property sales. The accused, Rakesh Shah, presented himself as a bullion trader with real estate expertise and promised to help the broker sell his properties. After an initial payment, Shah allegedly avoided scheduled payments, claiming his bank account in Dubai was frozen. Additionally, the broker acted as a guarantor in the sale of two properties belonging to his friend, adding to the complexity of the fraud. The police are investigating multiple offenses, and the case has raised concerns about the need for tighter regulations and due diligence in real estate transactions.Read more

Rajasthan RERA has directed a Jaipur builder to refund a homebuyer Rs 37 lakh, including interest, due to a prolonged possession delay. The complainant had booked a flat in 2016 but faced multiple delays in receiving possession. Despite paying a significant amount, the flat's possession was repeatedly postponed, prompting the homebuyer to approach RERA. The authority's ruling mandates a complete refund within 45 days. This case highlights the importance of timely possession and the role of RERA in safeguarding buyers' interests in real estate transactions.Read more

In Rajasthan, 8.67 lakh families are still awaiting homes promised under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G), as the central government fails to set new targets for two years. Several states face the same issue, with a shortage of housing options. Urgent appeals have been made to the Government of India for action. Minister Giriraj Singh disclosed that out of 17.19 lakh sanctioned houses, 16.68 lakh have been completed. The PMAY-G aims to provide 2.95 crore houses across rural India by March 2024. Transparency in beneficiary selection involves verification and appeals, but 2.04 crore households remain on the waitlist.Read more

The Maharashtra state government is tackling the problem of incomplete land ownership titles in housing societies by directing the cooperation department to conduct conveyance deed camps. Out of 1.2 lakh registered units, 63% of housing societies, totalling 76,104 units, lack proper conveyance deeds. The camps, involving deputy district registrars and housing federation members, will be organized more frequently to address this issue. The government aims to streamline the process and expedite the issuance of land ownership titles, helping more housing societies obtain proper conveyance deeds.Read more

The Haryana town and country planning department has introduced a new policy allowing the establishment of industrial clusters and warehouses on agricultural land, except for "hyper-sensitive zones" like the National Capital Region (NCR). The policy prioritizes environmental considerations and permits a change of land use (CLU) for white and green industries in hyper-sensitive zones. New clusters must have a minimum of 10 industries without adjacent existing industries. The policy aims to attract entrepreneurs from outside Haryana and foreign direct investment, especially in areas developed by organizations like HSIIDC and HSVP, while also outlining regulations for CLU, including distance requirements from urbanized regions.Read more