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Apply For Regularisation Or Face Demolition, Illegal Colonies Told: CAUTION FOR VALUERS

GURUGRAM: Illegal colonies situated outside municipal areas in the city can now apply for regularisation by January 18 under the Haryana Management of Civic Amenities and Infrastructure Deficient Areas Outside Municipal Areas (Special Provisions) Act 2021, deputy commissioner Nishant Kumar Yadav said on Tuesday. The application can be made by the developer or the residents’

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UP real estate authority imposes ₹1.77 crore penalty against 11 promoters

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has imposed a penalty of over ₹1.77 crore against 11 promoters for not complying with orders of the authority, said a press release. The UP RERA notice on Friday detailed its discontent about the non-compliance of orders by the promoters even after getting enough time. In

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10 Places Identified To Build Apartments For Ews Category

INDORE: With state government issuing a policy to develop ‘Su-Raj Colony’, Indore district administration has identified at least 10 lands that have been freed from encroachment and are suitable to construct apartments for people of economically weaker section (EWS). ADM Rajesh Rathod said, the state government has released a policy-2022 for developing ‘Su-Raj Colony’ on

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Sebi to put governance norms for real estate, infrastructure investment trusts, WILL THIS EFFECTS THE VALUERS REPORT?

Markets watchdog Sebi on Tuesday said it will put in place governance norms for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) on the lines of listed companies. With respect to REITs and InvITs, the provisions such as those related to tenure of auditor, computation of leverage and unclaimed/unpaid distribution will be streamlined

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Housing society ordered to pay flat owner Rs 1.2 lakh over failure to fix leakage

MUMBAI: Observing that it is the responsibility of a housing society to protect the interests of all its members and not be selective about whom to support, a district consumer commission has ordered a housing society in Borivli to pay a compensation of Rs 1.2 lakh to a flat owner after it took only “half

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