Daily Real Estate News Digest (29th August 2018)

Guidelines to blacklist defaulting builders, contractors, architects finalised: Centre to SC

The Centre on Tuesday told the Supreme Court that it has finalised a set of guidelines for blacklisting builders, contractors and architects responsible for unauthorised constructions in the national capital.

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Haryana RERA to act against builders securing fraudulent OCs

Chairman of Haryana Real Estate Regulatory Authority in Gurugram K.K. Khandelwal said that builders who have fraudulently secured occupation certificate will face action.

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SRA row: Mumbai's S D Corporation asked to appear before Lokayukta on Sept 10

S D Corporation has been asked to appear before Maharashtra Lokayukta M L Tahaliyani on September 10, in the ongoing probe into charges that state housing minister Prakash Mehta had cleared an irregular slum redevelopment proposal at Tardeo’s M P Mill Compound.

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Slum redevelopment: Survey identifies over 7,000 hutments near Juhu airport

The Slum Rehabilitation Authority has identified over 7,000 hutments in slums abutting the Juhu airport and completed the biometric survey of its residents – most of whom will be eligible for in situ (at the same place) rehabilitation. The survey covered Indira Nagar, Shivaji Nagar and Nehru Nagar slums.

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Director of Noida-based Premia Projects arrested for cheating buyers

 Amit Somal, director of the Premia Projects Private Limited, was arrested in a joint operation by the teams of Crime Branch and Sector 20 police station.

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Karnataka govt to build pre-fabricated houses to rehabilitate homeless

The Karnataka government will build pre-fabricated houses over 42 acres to rehabilitate around 750 families rendered homeless due to floods and landslides in Kodagu district.

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Mumbai: State government set to lift FSI cap on slum clusters

Dishing out new perks for slum developers, the Maharashtra government has decided to lift the curb on permissible built-up area on slum plot. While failing to meet the objective of making Mumbai slum-free, slum redevelopment projects have already turned into a goldmine for realtors.

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Refund may not be allowed if project is 40 percent complete: HARERA Gurugram chief

Chairman of Gurugram Haryana Real Estate Regulatory Authority has made it clear that in projects where construction is 40 percent complete, refund may not be allowed to ensure that the project is completed.

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