PNT Reporter

24 Apr 2023

State-run banks in India plan to launch an e-auction app to dispose of around 500,000 properties over the next five years. The app will serve as a repository for information, data, and documents, streamlining the auction process for bidders and financial institutions. The initiative aims to increase transparency and improve efficiency in property auctions across the country. This comprehensive platform will help state-run banks manage their property auctions more effectively, promoting collaboration and supporting the growth of the Indian banking sector.Read more

PNT Reporter

21 Apr 2023

The Department of Town and Country Planning (DTCP) in Haryana has issued show cause notices to 13 architects for granting occupation certificates (OCs) to 20 buildings, violating the Haryana Building Code of 2017. The architects have three days to provide satisfactory explanations, or they may face blacklisting and legal action. The self-certification scheme, introduced last year to expedite the OC process, has raised concerns about oversight and potential exploitation by unscrupulous builders. The DTCP is considering stricter oversight measures and ongoing education to ensure safe and compliant construction practices across the region.Read more

PNT Reporter

21 Apr 2023

Gurugram's Department of Town and Country Planning (DTCP) and the police demolished a warehouse, a concrete plant, and a transport office in an unauthorized colony earlier this week. The structures, spread over five acres, were built without necessary permissions and violated building norms. Authorities urged residents not to invest in such illegal colonies and to consult the District Town Planner's office before buying land or plots. The demolition serves as a reminder of the importance of adhering to building regulations and investing in legal properties to ensure residents' safety and well-planned urban development.Read more

PNT Reporter

21 Apr 2023

The Enforcement Directorate (ED) filed a chargesheet against builder Shailesh Sawla and his companies, Kunal Construction and Sawla Construction, for selling flats meant for slum dwellers to influential individuals. The case, one of the oldest pending money laundering cases since the Prevention of Money Laundering Act (PMLA) came into force in 2005, involved collusion with BMC and SRA officials to construct larger flats for wealthy buyers. Authorities have pledged to strengthen oversight and improve transparency in the slum rehabilitation process in response to the chargesheet.Read more

PNT Reporter

21 Apr 2023

An arrest warrant for the promoters of Samiah Builders was issued earlier this week, after being accused of registering and selling the same plot of land to multiple individuals. The director Sagir Khan has been taken into custody, while the owner Zameel Ahmed Khan is said to be absconding. The company is said to have used intimidation tactics to silence victims who demanded possession of the plot. The police have issued a stern warning against such fraudulent builders and announced a reward for the team that can nab them.Read more

PNT Reporter

21 Apr 2023

Earlier this week, residents of Adani Oyster Grande in Sector 102, Gurugram took to the streets to protest the builder’s apathy towards maintenance of their residential complex. They allege that despite collecting a hefty fee from them, the builder is no maintaining common areas such as roads and parks properly. Even the sewage treatment plant is not working correctly. They are demanding that the builder hand over the maintenance corpus to the RWA. An official spokesperson of the builder has denied all allegations, claiming that the residents and RWA have not even lodged an official complaint about the same.Read more

PNT Reporter

20 Apr 2023

Earlier this month, a group of real estate representatives from NAREDCO-UP met with the district magistrate of Gautam Buddh Nagar to request relief from the authorities regarding their outstanding payments. The NAREDCO-Up cited various issues such as compensation owed to farmers, obstacles and legal disputes related to land ownership that contributed to the outstanding payments. However, sources say the District Magistrate declined their request for mediation, instructing the builders to take their concerns to the appropriate authorities instead.Read more

PNT Reporter

20 Apr 2023

Last week, the Municipal Corporation of Delhi began a process to locate buildings in the city that are considered unsafe. The purpose is to either demolish or repair these structures before the monsoon season to avoid any accidents. The civic authority has instructed its field staff to begin their annual survey of buildings and houses in their respective areas. The survey is expected to be completed by June 30.Read more

PNT Reporter

20 Apr 2023

Ghaziabad residents of Saviour Park Society are protesting against the builder for allegedly selling convenience shops to outsiders and creating multiple entry and exit gates, raising security concerns. Despite lodging complaints with the Ghaziabad Development Authority (GDA), no action has been taken. Residents claim the builder has ignored their concerns and even threatened them with false cases. They are seeking assistance from local authorities and considering reaching out to higher authorities to ensure a safe and secure living environment.Read more

PNT Reporter

20 Apr 2023

The Burhanpur district administration is scrutinizing thousands of patta applications (government land on lease) and previously allotted pattas to locals as part of an ongoing encroachment crackdown. Approximately 7,500 to 8,000 pattas have been granted so far, and 4,000 applications are pending approval. The administration is conducting on-site verifications to ensure only eligible applicants receive pattas and to reclaim any additional encroached land. This initiative aims to protect the rights and interests of eligible applicants, as well as preserve the ecological balance in the region.Read more