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The Kanpur Development Authority (KDA) has proposed multi-storey group housing residential schemes in the city. A demand survey will be conducted to assess interest in 2 and 3 BHK flats under the Daheli Sujanpur scheme. Interested citizens can participate by paying a token amount, and the decision to proceed with the construction will be based on the number of applications received. The KDA emphasizes that this is only a demand survey, and all necessary registrations will be completed according to regulations. The initiative aims to provide affordable housing options and contribute to Kanpur's development.Read more
The Slum Redevelopment Authority (SRA) in Mumbai has announced a new initiative to acquire privately-owned slum-encumbered plots designated for public amenities. This decision follows controversies surrounding the acquisition of such plots by the Brihanmumbai Municipal Corporation (BMC). The SRA's involvement aims to streamline the process and ensure compliance with the Slum Act, leading to more efficient and effective slum redevelopment and improved public amenities.Read more
The Tamil Nadu Housing Board (TNHB) has completed a high-rise residential project in Varaganeri, which includes 56 dwelling units sold to the general public at around 4,800 per square feet. The completion of this project is a positive step toward fulfilling the demand for affordable housing in the region, and upcoming projects for middle-income and low-income groups will further strengthen the government's efforts to provide affordable housing solutions. The Pradhan Mantri Awas Yojana (PMAY) scheme has been successful in providing housing to many people, but challenges still exist in its implementation, such as the lack of awareness among eligible applicants, the availability of land, and the quality of construction.Read more
The Greater Noida Industrial Development Authority (GNIDA) discovers that developers have been giving apartments to homebuyers without fulfilling the necessary registration requirements. Financial consultancy Curie & Brown exposed several such violations in their examination of group housing projects. In response, the GNIDA plans to take legal action against these developers to ensure compliance with regulations and protect the rights of homebuyers. Additionally, the Yamuna Expressway Industrial Development Authority (YEIDA) is preparing to implement a plot relocation policy to address delays caused by land disputes.Read more
The Punjab and Haryana High Court has temporarily stopped the allocation of four commercial sites and seven residential plots within the protected Aravali green belt. The court ruling comes in response to a petition filed by Bharat Petroleum Corporation Ltd. (BPCL) and is pending a decision on a related petition by the DLF Qutub Enclave Residents Welfare Association. The disputed land, located between DLF-1 and Sector 42, falls within the Central Forest (Conservation) Act's protected Aravali Plantation. Local residents argue that any development in the green belt would violate ecological regulations and cause congestion in the area.Read more
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The Karnataka High Court ruled that a shareholder who prefers the sale of a property under Section 2 of the Partition Act cannot purchase the shares of other shareholders. The case involved a property in Bhadravathi town, Shivamogga district. The court dismissed a petition filed by two shareholders who expressed a preference for a sale but were prevented from exercising their rights under Section 3 of the Act. The court clarified that when Sections 2 and 3 of the Act are read together, the court must first determine that division according to the decree is not feasible. As a result, the court upheld the trial court's decision.Read more
Maharashtra has initiated action against property registration officials for improperly registering around 20,000 property documents. The documents, found in violation of RERA rules and Maharashtra's Prevention of Fragmentation Act, are void and set for immediate correction. With 10,000 suspect documents from Pune and cases from Thane, Chhatrapati Sambhaji Nagar, and Latur district, this vast rectification will ensure adherence to regulatory norms and deter future malpractices in property registration.Read more
The Chandigarh Housing Board (CHB) is considering reducing the reserve price of its residential properties by approximately 10% following unsuccessful property auctions. In recent auctions, there has been a lack of interest in CHB residential properties, despite their freehold status. Only a small number of properties have been sold in the past few auctions. The commercial real estate sector has also experienced poor performance, with no buyers for the auctioned properties. The leasehold status of commercial properties has contributed to the lack of interest. The recent decision to prohibit the CHB from selling converted commercial leasehold properties as freehold has further dampened demand. The CHB aims to attract more participants and improve auction outcomes by lowering the reserve price.Read more
The Ludhiana Improvement Trust (LIT) in Ludhiana, India, has decided to re-auction a property on Rani Jhansi Road after facing difficulties in finding tenants for the renovated multi-story structure. The building, which features various commercial units, has remained vacant and deteriorated over time. LIT's initial plans to attract banks or a multiplex for consistent rental income have shifted towards auctioning the property. Previous proposals to establish a jewellers' market, an income tax office, and relocate the Powercom office were considered but not implemented. By re-auctioning the property, LIT aims to find a suitable buyer or tenant who can revitalize the building and contribute to the area's development.Read more
In a resolute operation against the land mafia, Ratlam's district administration reclaimed a residential parcel developed by Ehsan Mukati in 1994 near Surajmal Jain Nagar. The administration cleared unauthorized encroachments and restored ownership to the 38 plot purchasers who had been denied possession for nearly three decades. The district is now initiating the process of legalizing the residential colony and developing basic infrastructure financed by the sale of the remaining plots.Read more
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