Gurugram's DLF colonies are experiencing a surge in unauthorized commercial operations, negatively impacting infrastructure, and residents' quality of life. The developer has submitted a list of 742 illegal establishments in DLF 1 to 4 to the Department of Town and Country Planning, urging action against property owners. The department has formed a team to conduct surveys and issue notices to violators. Collaboration between local government, enforcement agencies, and stakeholders is necessary to develop comprehensive solutions, such as stricter monitoring, improved infrastructure, and rezoning plans, to address the issue.Read more
Many shopping and commercial complexes in Prayagraj have neglected electrical safety audits and No Objection Certificates (NOCs). The recent fire at the Nehru complex highlighted this oversight, prompting fire department officials to call for urgent safety audits, upgraded fire safety systems, and wiring replacements. A recent survey found that over 60% of shops lack adequate fire-fighting arrangements or knowledge of precautions. Authorities must enforce safety regulations and raise awareness to prevent future incidents and ensure public safety.Read more
The gunthewari regularization scheme in Pune, aimed at legalizing illegal homes on small plots, has struggled to attract property owners due to high charges and complex processes. In the last financial year, the Pune Municipal Corporation received only 600 applications and approved a mere 10. With approximately 50,000 potential beneficiaries, efforts to streamline the process and address the concerns of property owners are essential for the success of the scheme.Read more
The Noida Authority has recently published data on its website that reveals the extent of the city’s problem with the flat registry stalemate. This problem arises because homebuyers are unable to obtain deeds for their properties due to a disagreement between builders and the government regarding outstanding dues. The data shows that out of the 1.3 lakh flats that were approved in 115 projects in the city until 2016-17, only 56,790 (around 40%) have been registered. Moreover, of these 115 projects, 77% have defaulters who owe money to the government.Read more
The Maharashtra government is set to purchase the iconic Air India building at Nariman Point for INR 1,600 crore. The state government has expressed interest in acquiring the property in the past, and it has been reported that the AI Assets Holding Ltd., which owns the building, has given an in-principle agreement to the sale. However, the government has clarified that they will only proceed with the deal if they receive vacant possession of the building, as several state offices are housed in private spaces across south Mumbai, costing the government a significant sum of money every month.Read more
The Lucknow Development Authority (LDA) will require private developers to specify project lifespans for structures with four or more floors in their building plans. This move aims to improve structural safety and protect property buyers following a building collapse incident earlier this year. The LDA will also form a panel of experts to regularly certify the structural safety of buildings nearing the end of their declared lifespans. The new policy will promote transparency and help ensure safer living and working conditions in Lucknow's real estate sector.Read more
The Urban Development Department has requested details from the Delhi Urban Shelter Improvement Board (DUSIB) on 82 new slum clusters identified for rehabilitation, but DUSIB has yet to locate the related file. The list was briefly published on DUSIB's website before being removed, raising concerns about transparency and accountability. The inquiry highlights the need for better communication and coordination between government agencies to ensure proper rehabilitation and support for vulnerable communities living in slum clusters.Read more
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated the use of QR codes on developers' registration certificates, enabling homebuyers to quickly access vital project information. By scanning the QR code, potential buyers can review construction progress, financial status, and any lodged complaints. The move aims to improve transparency, streamline taxation processes, and bolster consumer trust in Maharashtra's real estate industry. Industry leaders have praised the initiative, urging promoters to adopt QR codes in promotional materials and encouraging MahaRERA to address stalled projects proactively.Read more
The Greater Noida Authority is cracking down on real estate developers who have defaulted on their land cost payments, with a plan to issue recovery certificates, stop-work notices, and cancel plot allotments to recover dues. Officials say the crackdown is likely to begin within a week. A total of 107 realtors owe Rs 5,650 crore in unpaid land costs. So far, 10 developers have applied to clear dues under the GNIDA’s rescheduling policy, and five others have cleared their dues.Read more
Rajasthan's real estate market is experiencing a surge in housing plot sales, driven by factors such as homeownership desires and a more favourable stamp duty structure compared to flats. In Jaipur, land prices have risen by an estimated 70% in some areas over the past two years. The stamp duty, fees, and taxes on flats amount to about 23% of the cost, while for a plot, it is only about 3%. Experts caution that unchecked plotting could lead to chaotic urban growth and call for balanced market policies to ensure sustainable development.Read more