COMMENCEMENT CERTIFICATE IS MANDATORY FOR ALL APARTMENT COMPLEXES-DO YOU HAVE IT?

Commencement certificate is a certificate and an official document issued by the local Town planning or Municipal Authorities to allow or permit the builder to begin construction or work, once all norms, licenses, permissions and consents have been obtained from the concerned or appropriate statutory authorities. After laying the foundation for the super-structure, the owner … Continue reading COMMENCEMENT CERTIFICATE IS MANDATORY FOR ALL APARTMENT COMPLEXES-DO YOU HAVE IT?

LOKAYUKTA IS AGAINST THE AKRAMA-SAKRAMA

THE HONOURABLE LOKAYUKTA HAS COME OUT AGAINST THE REGULARISATION ACT, AS HE TERMS IT AS ILLEGAL. HE WAS ADDRESSING AN AUDIENCE OF STUDENTS AT JAIN COLLEGE AND STATED THAT THERE IS NO LAW REQUIRED FOR TOWN PLANNING THAT HAS TO BE COMPLIED OR FOLLOWED, WHEN THIS SCHEME OF AKRAMA AND SAKRAMA, ENCOURAGING VIOLATIONS ARE BEING … Continue reading LOKAYUKTA IS AGAINST THE AKRAMA-SAKRAMA

Delhi High Court Order and the RBI Directions.

RBI/ 2009-10/75 DBOD. No.DIR. (HSG). BC.08 /08.12.01/2009-10 July 1, 2009 09 Aashada , 1931 (Saka) All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Master Circular on HOUSING FINANCE. Clause 12 clearly directs and specifies that OCCUPANCY CERTIFICATE must be obtained from the concerned authorities. Otherwise, the home loans sanctioned MUST BE RECALLED WITH CHARGES. 12. … Continue reading Delhi High Court Order and the RBI Directions.