Noida administration to introduce quality checks for construction material
July 26, 2017

Gautam Budh Nagar administration has announced its plans to check the quality of construction materials used in real estate projects. This has been prompted by the multitude of complaints received from residents of new buildings. BN Singh, District Magistrate, shared that he would discuss the issue with Noida and Greater Noida development authorities. The demand for quality checks was also presented by the Noida Extension Flat Owners Main Association (NEFOMA), which asked that the Noida and Greater… Read More

Delhi and Chandigarh to have a common regulator, appellate under RERA
July 26, 2017

The government has announced that Delhi and Chandigarh will have a common regulatory authority and appellate authority under the Real Estate (Regulation and Development) Act (RERA). Chandigarh authorities comment that this makes sense as the Union Territory (UT) has a very few private developers that come under RERA’s purview. Chandigarh had set up a temporary regulator under RERA in October 2016. Later, the administration wrote to the Ministry of Home Affairs, requested that its regulator… Read More

DDA works on Delhi Master Plan 2041
July 26, 2017

The Delhi Development Authority (DDA) has commenced work on the preparation of a new master plan for Delhi. The Authority has signed a Memorandum of Understanding (MoU) with the National Institute of Urban Affairs (NIUA) for the master plan which will be valid till 2041.   DDA officials share that the Master Plan 2021 focused on densification and redevelopment of urban areas and extension of the urban limits to accommodate the rising population. However, the redevelopment… Read More

Haryana notifies RERA rules
July 26, 2017

Haryana government has finally notified its rules under the Real Estate (Regulation and Development) Act (RERA). The state had already set an interim regulator but the lack of final RERA rules has made adherence confusing for developers. The government has asserted that the Haryana RERA rules have not been diluted and the only significant deviation from the Centre’s rules is in the definition of an ongoing project. As per Haryana RERA rules, ongoing projects will… Read More

HUDA to auction 30 residential plots in Gurgaon next month
July 25, 2017

Haryana Urban Development Authority (HUDA) plans to auction 30 residential plots in Gurgaon on August 13 to raise funds worth Rs 38 crore. To overcome its financial deficiency, the authority has been selling properties at regular intervals. Out of all plots based in Sector 9A, seven of them are 1 kanal in size (approximately 5,440 sq ft), eight are 14 marla (around 270 sq ft), seven are of 10 marla, five are 8 marla, and… Read More

GNIDA to levy GST on 19 services
July 24, 2017

Clarifying the implications of Goods and Services Tax (GST), the Greater Noida Industrial Development Authority (GNIDA) has announced the 19 services on which it will charge GST at 18 percent. The Authority has shared all the details about the same on its website. With effect from July 1, 2017, GNIDA will levy 18 percent GST on lease rent, commercial property rent, property transfer charges, interest charged on missed instalments, etc. The Authority has stated that… Read More

North Delhi civic body to redevelop buildings in Azadpur, Model Town
July 22, 2017

North Delhi Municipal Corporation intends to transform existing staff quarters of the Municipal Corporation of Delhi (MCD) located in Model Town and Azadpur into multi-storey buildings. The redeveloped structures will having high-end residential flats and are expected to fetch attractive prices due to the prime location. The redevelopment proposal states that the residents of the staff quarters would be relocated until the project is completed and will receive housing allowance as well. The civic body… Read More

Centre asks NDMC to complete smart city project by 2020
July 19, 2017

The New Delhi Municipal Council (NDMC) has been directed by the central government to commence its Rs 1,800 crore smart city project by October 2017 and finish it by 2020. This will set it up as an example for other cities to efficiently execute their smart city projects. Currently, NDMC is working on its tendering process for the project. NDMC’s smart city project includes setting up smart power and water grids, a central command and control… Read More

Homebuyers raise concerns over Haryana RERA dilution
July 19, 2017

Homebuyers in Haryana are worried that the state government might dilute the rules of Real Estate (Regulation and Development) Act (RERA), making the act biased towards developers. Banding together, homebuyers from the new sectors had formed a group to oppose the draft RERA rules proposed by Haryana. They have threatened the state government with court action if it does not keep Haryana RERA rules in line with the Centre’s provisions. These residents are using the hashtag… Read More

No hike in circle rates in Noida: District officials
July 18, 2017

In order to restrict further increase in property prices, Noida’s district administration has decided not to hike circle rates in all areas falling under Noida Authority, Greater Noida Industrial Development Authority (GNIDA) and Yamuna Expressway Industrial Development Authority (YEIDA). The district administration has invited feedback from residents, developers and other stakeholders pertaining to the decision. After further analysis of the suggestions, a final decision on the circle rates will be announced by August 1, 2017.… Read More

Haryana developers receive notice for advertising projects without RERA registration
July 17, 2017

Haryana government has issued notices to 10 developers in the state for advertising new and ongoing projects without registering them under the Real Estate (Regulation and Development) Act (RERA). Officials shared that violations of RERA rules can lead to penalties up to 10 percent of project cost. It should be noted that Haryana is yet to notify its RERA rules while the final rules have been approved by the Cabinet. The notification is expected this week. Meanwhile, the state has… Read More

Haryana RERA to be notified next week
July 14, 2017

Haryana government has announced that the Haryana Real Estate (Regulation and Development) Act (RERA) will be notified next week. Officials share that the final rules will be unambiguous and transparent. To achieve this, the state has even defined certain terms which have not been clarified in the Centre’s rules. For instance, the central rules mention the term ‘parking’ thrice but has defined the same. In addition, Haryana RERA will also define terms which had a different… Read More

Yamuna Expressway Authority to announce four new schemes
July 12, 2017

The Yamuna Expressway Industrial Development Authority (YEIDA) has announced that it intends to launch four new schemes for allotment of plots as well as flats. A total of 2,700 plots and flats, including institutional, industrial, commercial, and residential lands, will be offered under these schemes. YEIDA officials shared that the new schemes will get rolled out starting August 15, 2017, when 70 institutional plots will be offered. Arunvir Singh, Chief Executive Officer (CEO), YEIDA shared that… Read More

Illegal structures take over EWS housing land in Gurgaon
July 10, 2017

Several plots in Gurgaon reserved for providing homes to the economically weaker sections (EWS) have witnessed the development of illegal structures. Concerned citizens share that small plots in DLF 3 has several such buildings and are being used as rented accommodations.  Several of these buildings have been rented out by corporate houses and start ups located in MG Road, Golf Course Road, and Cyber City to provide budget accommodation to professionals with easy access to their… Read More

Haryana pollution control board penalises builders violating dust norms
July 10, 2017

Several developers in the National Capital Region (NCR) of Haryana found themselves fined by the Haryana State Pollution Control Board (HSPCB). These developers had flouted dust pollution norms and had to shell out Rs 1.5 crore as penalty. Officials share that the guilty developers were brought to light by the public, which reflects positively on the awareness levels. Construction is one of the major causes of dust pollution in the NCR. This had prompted the… Read More

Second defaulters’ list published on GNIDA website
July 10, 2017

The Greater Noida Industrial Development Authority (GNIDA) has compiled another list of developers who who have defaulted on payments and the same has been posted on GNIDA’s website. The list includes 14,048 developers of residential, commercial, and institutional areas. Their total outstanding payments is believed to be over Rs 2,400 crore. Earlier in June, GNIDA has put up another such list to shame 1,363 defaulters into clearing dues amounting to Rs 4,000 crore. The authority… Read More

GNIDA to issue completion certificates to 12,000 homes by August 15
July 9, 2017

The Greater Noida Development Authority (GNIDA) has announced its plans to issue completion certificates to 12,000 residential units by August 15. Located in 24 group housing projects, these units will be delivered to the allottees around Diwali. In order to expedite the process, the authority has formed a committee of 10 members, headed by Janardan, Additional Chief Executive Officer, GNIDA. The officials from the committee will visit each project to check whether building norms and… Read More

Gurgaon buyers wait as RERA delayed until July end
July 8, 2017

Homebuyers in Gurgaon have been disappointed by the announcement that the Real Estate (Regulation and Development) Act (RERA) rules for Haryana will be notified only by the end of July. Officials share that the government is working hard to formulate an effective RERA and the delay is aimed at ensuring that all details are addressed. However, homebuyers are not convinced by this argument and are worried that government intends to help developers by delaying the… Read More

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