Archive | Popular RSS feed for this section
Metro Rail take four years to go Greater Noida
Greater Noida from Noida’s way to bring the Metro. Construction will begin this year. To complete it in four years time DMRC has sought, but the Authority has demanded earlier to start Metro. Wednesday of the subway Detaild DMRC project report (DPR) submitted to the Authority. Greater Noida Phase One construction of the Metro DMRC [...]
Continue reading...Service tax on commercial property
6. March 2010
While a service tax on commercial property seeks to introduce greater transparency in the transactions involved, the immediate downside is also quite apparent Budget 2010 intends to bring all lease agreements pertaining to commercial property, including offices, business centers, shop and malls, cold storage facilities and warehouses as well as all other premises used for business [...]
Continue reading...Mundka Metro line to open by March-end
22. February 2010
First Line On Standard Gauge West Delhi locales like Paschim Vihar, Peeragarhi and Madhipur are coming closer to the heart of the capital next month. The new Delhi Metro line from Inderlok to Mundka, via Punjabi Bagh, will be opened for use by the end of March. With this, commuters will be able to traverse [...]
Continue reading...20 yrs on, woman makes builder pay
20. February 2010
Mumbai: Twenty years of running from pillar to post has finally brought some good news for 56-year-old Air India employee Jaya Shetty, who had booked a flat in 1990 but was never granted possession. The Maharashtra State Consumer Dispute Redressal Commission recently ordered the builder to pay back the principal amount of Rs 1.72 lakh, [...]
Continue reading...Time for a realty regulator?
20. February 2010
End users have for long demanded a real estate regulator to safeguard their investment, saying that it is the single largest investment a person makes in his lifetime. But, many developers are against it, arguing that they may be targeted, and that the regulator would only add to red tape Are you a victim of [...]
Continue reading...Look at some legal formalities you will have to complete before moving into your home
20. February 2010
Here’s a look at some legal formalities you will have to complete before moving into your home After having got the home loan sanctioned from the bank, it’s time you look at documents you will be required to submit before moving into the apartment you’ve decided to purchase. We list some of them here. Stamp duty is a [...]
Continue reading...Metro rail from Gurgaon to IGI
19. February 2010
The Haryana Government has decided to connect Gurgaon with the Indira Gandhi International Airport through a high-speed Metro rail, besides taking up the issue of additional road links between Delhi and the towns of National Capital Region. A spokesman of the Haryana Town and Country Planning Department said the Delhi Metro Rail Corporation Limited (DMRCL) had [...]
Continue reading...No OK for Ghaziabad Metro extension plans
13. February 2010
The Ghaziabad Development Authority (GDA) officials on Friday denied having received an approval for the second phase of Metro-extension plans in Ghaziabad. At a meeting with the state officials earlier this week, the GDA was asked to find out the finance options for the second part. It had earlier been reported that the approval for [...]
Continue reading...Metro’s LINE 5 Fifteen-km Mundka-Inderlok line to open in March
12. February 2010
Delhi Metro’s first standard gauge line is set to open in March. The 15-kilometre section between Mundka in west Delhi and Inderlok is the first line that connects two already operational lines — Dilshad Garden - Rithala Line (Line 1) at Inderlok Metro station and Noida - Dwarka line (line 3) at Kirti Nagar metro station. While [...]
Continue reading...Gurgaon Metro rail trial run on Jan 29
16. January 2010
The Millennium City’s wait for the national capital’s biggest infrastructure achievement of the last decade is slowly but steadily coming to an end. The Delhi Metro’s trial run on the tracks in Gurgaon will take place on January 29. The stretch is part of the metro’s 14-km-long Qutub Minar-Gurgaon line. Union Minister of Urban Development S. Jaipal Reddy [...]
Continue reading...NGO fined Rs 40 lakh
14. January 2010
FRIVOLOUS PETITION BMC, plot owners, developers prove construction was legit, HC raps NGO The Bombay High Court on Wednesday dismissed as frivolous a PIL filed by citybased NGO, Bhrashtachar Nirmoolan Sangathan, and ordered it to pay a cost of Rs 40 lakh. Observing that such PILs waste the court’s time as well as public money, Justice J [...]
Continue reading...Delhi govt to pay Rs 600 cr for third phase of Metro
9. January 2010
Cash-strapped Delhi government has now been told that it would need to cough up approximately Rs 600 crore for the third phase of Delhi Metro. This, after Japan Bank of International Cooperation (JBIC) reportedly expressed a reluctance to fund more than 30% of phase III. JBIC had given 70% of the funds for phases I [...]
Continue reading...Firm to pay for not issuing sale deed
8. January 2010
The written statement of the company is a bundle of lies to justify their inaction in issuing a sale deed to the complainant CONSUMER DISPUTES REDRESSAL FORUM Consumer Disputes Redressal Forum has held Shalimar Estates Pvt. Ltd., Chandigarh, guilty for not issuing the sale deed of a residential plot to the complainant despite payment of all [...]
Continue reading...Model Real Estate Regulation Act- A Boon for Buyers
4. January 2010
Urban India has seen a boom in the realty market with the prices skyrocketing, largely due to limited spaces and high demand. However, the realty sector in India has been majorly unregulated, leaving customers harassed at the hands of builders and real estate agents in cases of project delays, misrepresentation and fraud by the builders. [...]
Continue reading...Tax defaulters in for trouble LMC Prepares List Of 150; To Attach And Forfeit Property
4. January 2010
Lucknow: Those who have not deposited their house tax are in for some serious trouble. The Lucknow Municipal Corporation (LMC) has decided to attach the properties of erring house owners and forfeit them to recover the tax. In fact, the municipal corporation has drawn a list of some 150 such owners — both residential and commercial [...]
Continue reading...
- Metro Rail take four years to go Greater Noida
- Tallest Indian skyscraper gets its act together
- Shapoorji, Ethiopia ink 50,000ha land deal
- Why collect tax if building illegal? SCB asked to clarify
- Builders cash in on proposed infra projects to hardsell flats
- ‘Set up panel to check SRA fraud’
- Industrial plots not for houses
- Khaitan IAS man to Head Delhi Real Estate Practice
- Realty major BPTP plans Rs 1,500 cr IPO in early FY11
- UP MLA held for cheating Noida builder
11. March 2010
0 Comments