The airforce station in Yelahanka, which is a sensitive installation, has upped its guard with a direction to BIAAPA not to permit or sanction building plans without its concurrence or approval within a radius of 10 kilometers. Any construction within a 10-km radius of the Air Force Station (AFS) Yelahanka, some of which also fall … Continue reading NOC FROM AIRFORCE IS REQUIRED IN AND AROUND AIRFORCE FACILITIES IN BANGALORE WITHIN A RADIUS OF 10 KILOMETERS
The Union Minister for Finance, Corporate Affairs and Defence, Shri Arun Jaitley along with the Chief of Army Staff, General Bipin Rawat, the Chief of the Air Staff, Air Chief Marshal B.S. Dhanoa and the Vice Chief of the Naval Staff, Vice Admiral Karambir Singh paying homage to the martyrs at Amar Jawan Jyoti, India … Continue reading VIJAY DIWAS – WE SALUTE ALL THE BRAVEHEARTS !!!
The much awaited RERA Authority (Regulating Authority) has been formed and is housed at Cauvery Bhavan, in the KHB Complex. The State Government is also planning for a website in this regard. The buyers of properties can get or avail or obtain details on the proposed projects and also redress their grievances.
A NEWS REPORT FROM CHENNAI ON ILLEGAL AND UNAUTHORISED BUILDINGS IN TAMIL NADU Registration of sale deeds to be banned The government has decided to ban registration of sale deeds for resale of unapproved buildings after December 21. Any owner who fails to submit an application online for regularisation of unapproved buildings by December 21 … Continue reading Registration of sale deeds to be banned
Karnataka State Government notified the Real Estate Regulation Act (RERA), on 10-07-2017 and all under construction or on going projects and new projects have to be registered with the regulator from 01-08-2017, and failure to do so will attract a penalty of 10% of the project cost. The housing and urban affairs ministry (MoHUA) has … Continue reading RERA- ESTABLISH REGULATORY AUTHORITY
Earthquake - prone areas of the country have been identified on the basis of scientific inputs relating to seismicity -earthquakes occurred in the past and tectonic setup of the region. Based on these inputs, Bureau of Indian Standards [IS 1893 (Part I):2002], has grouped the country into four seismic zones, viz. Zone II, III, IV … Continue reading Seismic Zones of INDIA
There is no change made to services provided by the Housing Society (RWA) to its members in the GST regime. There are some press reports that services provided by a Housing Society [Resident Welfare Association (RWA)] will become expensive under GST. These are completely unsubstantiated. It may be mentioned that supply of service by RWA … Continue reading Services provided by the Housing Society Resident Welfare Association (RWA) not to become expensive under GST;
There shall be no dumping of waste of any kind within 500 metres from the edge of River Ganga,” said NGT. The NGT also declared an environment compensation of ₹50,000 on anyone who dumps waste in River Ganga. UP and Uttarakhand were directed to formulate guidelines for religious activities on the ghats of Ganga or … Continue reading The National Green Tribunal (NGT) today declared 100 meters from the edge of River Ganga as a ‘No-Development Zone’ in the stretch between Haridwar in Uttarakhand and Unnao in Uttar Pradesh.
Bangalore-The Smart City will get funds for the development The BBMP has drawn up several projects that would help the city stand on a par with other global cities and the work may start from the end of this year, if everything is NORMAL. (Politics) Of the Rs 2,219.32 crore earmarked for the Smart City … Continue reading BANGALORE – SMART CITY – GETS RS.2,219.32 CRORES
The Bangalore Development Authority (BDA) has finalised a project to construct a six-lane road which connects Mysuru and Magadi Roads through Kempegowda Layout and is expected to submit the proposal to the State Government soon and the project might be completed in 18-24 months. The six-lane road will be constructed from Mysuru Road located at one … Continue reading NEW ROAD FROM MYSORE ROAD TO MAGADI ROAD – A BDA PROPOSAL
The Real Estate (Regulation and Development) Act (RERA), which was notified on July 6 by the state cabinet and implemented on July 10, has now come in the line of fire from experts and home buyers showing reservations to the government's notification and threatening to approach the Supreme Court over the issue. MS Shankar, Convener, … Continue reading RERA-DILUTION- A PRESS REPORT
All the development/apartment projects where works are still going on has been brought under the ambit of RERA. The rules state that only those projects where all development works have been completed, and where sale and lease deeds of 60% of the apartments/houses/plots are executed, are exempted. While the State Cabinet had approved the draft … Continue reading RERA-SOME ON GOING PROJECTS ARE BROUGHT UNDER RERA
The much awaited RERA has been notified effective from 10-07-2017 including ongoing projects with some exclusions.
Demand GST Bill or tax paid bill on every purchase, whenever and wherever the purchase is made and check for the tax amount. It is learnt the customers are being cheated by saying that the taxes have been hiked and are charging the tax on customers. The majority of the sellers have not taken the … Continue reading GST BILL ON YOUR PURCHASE
To avoid lawsuits, builders put up online disclaimers Builders tend to put exotic pictures on their websites, displaying lush greenery , elegant walkways, luxuriously furnished apartments, and Wimbledon-like tennis courts, often suggesting that that's what customers buying into their projects will get. But now, the fear of litigation following the enactment of the Real … Continue reading DISCLAIMERS- ORDER OF THE DAY BY THE BUILDERS AND DEVELOPERS – A NEWS REPORT
All India chapter of Fight for RERA has decided to file a petition in the Supreme Court over the dilution of rules by various states, including Karnataka. The Karnataka chapter is planning to challenge separately the state cabinet decision. The Karnataka Fight for RERA chapter is planning to challenge the exclusion separately.
As expected, the state Government has exempted all the ongoing projects from the ambit of the RERA. The builders are happy and the hapless victims, the buyers are grinding their teeth, but helpless as the Government of Karnataka is ready to notify the RERA soon.
The cabinet took the decision to notify the RERA soon and is a boon for the purchaser as well as law abiding builders. The illegal builders may not be able to build and sell. Hope this will bring in a new era in the construction industry and the purchasers are benefited by this law.