Constructive Move to Accomplish Goal of ‘Housing for All by 2022’: Dr Niranjan Hiranandani

By  Dr. Niranjan Hiranandani, CMD, Hiranandani Communities MUMBAI Recently, the Reserve Bank of India (RBI) announced a policy decision, revising housing loan limits for Priority Sector lending (PSL) eligibility, from the existing Rs. 28 lakh to Rs. 35 lakh in metros, and from Rs. 20 lakh to Rs. 25 lakh in other

Municipal Corporation directs officials to speed up construction work

By Accommodation Times Bureau VISAKHAPATNAM In a move to speed up the construction work, M Hari Narayanan, Greater Visakhapatnam Municipal Corporation Commissioner on Friday during his field visit in Pydimamba Colony, Gowri Nagar, Rajeev Colony, RP Peta in Zone-IV and Chilakapeta where housing units were under construction he directed the officials to

Builder jailed for 2 yrs

By Accommodation Times Bureau MUMBAI The court sentenced builder for two years imprisonment last week for cheating the government by not giving 12 flats as was agreed under the Urban Land Ceiling and Regulation Act (ULCRA). Under ULCRA the government gave permission to carry out construction in Dahisar land. But, the builder (Harishankar

CIDCO sets up Emergency Operation Center for Building Collapse, Landslides, Debris

The EOC will be functional from June, 1 to September 30, 2018, at CIDCO Bhavan for 24hours By Rohit Sharma BELAPUR City and Industrial Development Corporation (CIDCO) has set up an Emergency Operation Center (EOC) for citizens in CIDCO jurisdiction of Navi Mumbai for tackling the upcoming monsoon. The Authority has updated the website

Reason beyond the control of Promoter, due to which the completion of the project has got delayed, not maintainable

Are Commercial units covered under RERA? By Dr. Sanjay Chaturvedi, LLB, Ph.D. Hitesh Parthviraj Mehta V/s Point Developers Pvt. Ltd (CC006000000001226) Order dated: 8th January 2018 The Complainant has purchased a commercial unit bearing no. 5 in the respondent s project 'Business point' located at Chembur, Mumbai through an agreement for sale dated