Shortage of skilled r in view of the manpower in view of the Commonwealth Games and construction activity at Indira Gandhi International Airport at New Delhi has been cited as reasons for further delay in completion of Kundli-ManesarPalwal (KMP) Expressway by the concessionaire, KMP Expressways Ltd (KMPEL). Having missed the July 2009 deadline for making the [...]
Continue reading...24. August 2010
The State Consumer Disputes Redressal Commission has directed Parsvnath Developers Limited and Chandigarh Housing Board (CHB) to refund the money deposited by complainants in six cases, along with interest at the rate of 7.75 per cent, after failing to build, let alone hand over flats. Parsvnath has also been told to pay compensation in all six [...]
Continue reading...22. August 2010
Office-bearers accused of cheating members The president and honorary secretary instigated ineligible members to occupy flats in contempt of court order AMIT SAINI United Action Front Society chief The SAS Nagar police have registered a case against the president and honorary secretary of United Cooperative House Building Society, Sector 68, for cheating members of the society. The [...]
Continue reading...28. July 2010
The State Consumer Disputes Redressal Commission, Chandigarh, has directed M/s Castle Concrete Infrastructure Pvt Ltd to pay a compensation of Rs 1 lakh to each of the three complainants for suffering mental agony as the company did not construct flats in time and also did not refund the deposited amount. The company has also been directed [...]
Continue reading...21. July 2010
ON PURCHASE OF RESIDENTIAL PROPER- TY, DUTY DOWN TO 6 PER CENT IN URBAN AREAS AND 4 PER CENT IN RURAL ZONES Serving and retired CHANDIGARH: Serving and retired soldiers will get 1 per cent rebate on stamp duty on purchasing residential property in Haryana. For this group, the duty is now down to 6 per cent [...]
Continue reading...20. July 2010
Chandigarh Housing Board (CHB) has been directed to transfer the dwelling unit and to pay to the complainant interest at 17 per cent per annum on Rs 1, 56,551 for the period it had kept the money on Monday. It has also been ordered to pay Rs 50, 000 as compensation and Rs 5, 500 [...]
Continue reading...13. July 2010
The Greater Mohali Area Development Authority’s (GMADA) dream project, Aerocity, coming over 1,000 acres in Mohali and offering accommodation for 4,000, has evoked an unanticipated response, signaling real estate in the region is moving in a positive direction. GMADA expects to sell around 300,000 forms in just a month for the 4,000-odd accommodations, indicating a rise [...]
Continue reading...9. July 2010
The Greater Mohali Area Development Authority (GMADA) has earned Rs 7,000 crore on the account of earnest money paid by the applicants besides receiving over 2.75 lakh applications for its Aerocity project, sprawled over 1,000 acres of mixed land in the vicinity of upcoming international airport in Sectors 66 (east) and 82 (east). Balbir Singh Dhol, [...]
Continue reading...9. July 2010
New proposed site also rejected by State Expert Appraisal Authority for Environment After the Punjab and Haryana High Court issued a notice to the Greater Mohali Area Development Authority (GMADA) to find a new site for the dumping ground, the State Expert Appraisal Authority for Environment has rejected the proposed site for dumping ground in Sector [...]
Continue reading...6. July 2010
The Greater Mohali Area Development Authority (GMADA) on Monday ruled out extending the deadline for applying for the Aerocity plots. There was demand from different quarters, including banks, for extending the deadline beyond July 6, but the GMADA authorities turned it down on the ground that they had sold nearly 4 lakh brochures in a month [...]
Continue reading...18. June 2010
Commission interested in studying acquisition at Rajiv Gandhi Chandigarh Technology Park in particular The UT Administration will have to sub- mit a report on land acquisi- tion to the Ministry of Home Affairs (MHA). The MHA commission investigating irregularities has sent a questionnaire to the Chandigarh Administration for collecting all details of land acquired especially at the [...]
Continue reading...5. June 2010
Hike comes after 3 years; new rates apply from June 7 The collector rates for calculating stamp duty in the sale transactions of property in Chandigarh are up by 60 per cent. The UT Administration has made the increase after three years. The revised collector rates will be effective from June 7. A committee had proposed [...]
Continue reading...4. June 2010
Holding Ansal Housing and Construction Ltd, Manimajra, responsible for illegal deduction of an amount, the Consumer Complaints Redressal Forum has directed the company to pay an amount of Rs 1.17 lakh, as interest on the amount of Rs 21 lakh at 10 per cent rate from the date of the receipt of the first installment, [...]
Continue reading...20. May 2010
PUNJAB DEMANDS FIRST CORRIDOR TO BE EXTENDED TILL MULLANPUR WHILE HARYANA GOVERNMENT DEMANDS ITS EXTENSION TILL SECTOR 21 IN PANCHKULA The Metro rail project will touch new destinations going beyond the points decided earlier for the tricity. This would be done in the first phase of the project as per the demand of Punjab and Haryana [...]
Continue reading...12. May 2010
IN COUNTERCLAIM TO ARBITRAL TRIBUNAL, BOARD SAYS COMPANY BROKE AGREEMENT ON IT PARK PROJECT The stalemate between Chandigarh Housing Board (CHB) and Parsvnath Developers Ltd has deepened with the board demanding Rs 2,000 crore from the develop- er for failing to fulfill its obligations for developing Rajiv Gandhi Chandigarh Technology Park (RGCTP) Habitat project. The agreement [...]
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1. September 2010
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