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Himachal Pradesh's Chief Minister announced the launch of 'Mukhyamantri Vidhwa Evam Ekal Nari Awas Yojana,' a housing scheme for eligible widows and single women. The initiative will provide Rs 1.5 lakh in financial assistance to around 7,000 women with an annual income below Rs 2 lakh. The scheme aims to empower these women by offering support for constructing homes with essential amenities. As part of the government's focus on the welfare of underprivileged communities, this initiative aligns with their commitment to promote inclusive growth and enhance living standards for marginalized populations in the state.Read more
The state housing department in India has relaxed planning permission norms for residential, commercial, and institutional buildings outside Chennai Metropolitan Area. Builders and realtors who wish to build in the area can now apply for permission online through Licenced Building Surveyors, who are authorised engineers. Once the application has been submitted, officials from the Directorate of Town and Country Planning (DTCP) will inspect the site and examine the documents that have been submitted.Read more
The Noida Authority has been asked by the Allahabad High Court to explain why it took legal action against the developer for failing to finish Sports City on schedule while it was still waiting for all of the land required to complete the project. The court also requested information from the Authority CEO regarding the efforts the Authority was taking to make the remaining land accessible for the project. The court was deliberating a plea submitted by ATS Homes, the principal developer chosen to build the Sports City and an international-calibre cricket facility in Sector 52. The project is meant to be built on 125 acres, but the developer has only received roughly 25 acres so far.Read more
The Tamil Nadu Urban Habitat Development Board (TNUHDB) plans to construct affordable high-rise housing towers for economically weaker sections and low-income groups near the upcoming Integrated Bus Terminus in Panjapur, Trichy. The board has requested 15 acres of land for the project and has completed a comprehensive design plan for basic amenities. The housing project will be the third high-rise project for TNUHDB in Trichy. Two other high-rise projects in Srirangam and Jailpettai are almost complete. The project is under consideration by the district administration.Read more
The LIFE Mission’s housing project on the Greater Cochin Development Authority’s (GCDA) terrain, launched four years earlier in 2018, to rehabilitate P&T Colony residents has reached its final stage. Although the court mandated date of April 26 to shift residents is likely to be missed, officials are positive residents will receive possession before the May 31. According to sources, the inauguration of the building was to have been part of the chief minister’s 100-day programme.Read more
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The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has identified forty-one developers who failed to attend a review meeting and will now face penalties, including the freezing of their bank accounts and a ban on new project registration. These penalties are designed to encourage compliance with the RERA Act and ensure the interests of all stakeholders, including promoters and buyers, are protected. UP RERA is committed to making the real estate sector in Uttar Pradesh transparent, accountable, and fairRead more
The Bombay High Court has dismissed a petition by a federation of housing societies in Kharghar Node challenging an "illegal retrospective property tax'' demand from 2016 to 2021-22 by the Panvel Municipal Corporation (PMC). The court stated that the federation could appeal the tax demand under the Maharashtra Municipal Corporation Act. The court noted that entertaining the plea would open floodgates of litigation before the court and that the PMC cannot be placed in a cloud of uncertainty when it comes to levy and recovery of civic taxes.Read more
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A recent ruling by the Appellate Authority for Advance Rulings (AAAR) has held that charges for several services collected by the developer, Puranik Builders, are "inextricably linked" to the primary service of construction and will be subject to GST at the lower rate of 12%. The ruling could result in reduced costs for buyers of under-construction properties. While the ruling does not set a judicial precedent, it will have a persuasive effect in similar cases.Read more
The National Company Law Appellate Tribunal (NCLAT) has overturned an earlier decision by the National Company Law Tribunal (NCLT) to reject a plea for insolvency proceedings against Ansal Housing, calling it a "fit case" for admission. The NCLAT directed Ansal Housing to pay Rs 12.72 lakh to Clicbrics Technologies within 30 days of the order's release, and in case the creditor refuses the sum, the Section 9 petition will be deemed to be dismissed.Read more
The Bombay High Court has ruled that tenants cannot dictate the nature of redevelopment to the owner and have limited rights in this regard. The decision was made in a case involving a Khar building where an "obstinate tenant" had been holding up redevelopment. The court directed the BMC to issue a commencement certificate for redevelopment and stated that tenants only have the right to be provided with an alternative accommodation of an equivalent area occupied by them before the building was demolished. The ruling is expected to pave the way for future redevelopment projects.Read more
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