Chapter II: Properties On The Plots Allotted By Cidco To Co-Operative Housing Societies

By Advocate S. R. Agarwal Besides leasing out the plots by CIDCO as tender plots as discussed in the earlier Article, plots are allotted by CIDCO to various groups at concessional rates, decided from time to time, including Housing Co-operative Societies formed by the persons of 15 years domicile in Maharashtra. As per

Chapter I: Properties On The Tender Plots Allotted By CIDCO

By Advocate S. R. Agarwal As per the procedure being followed by CIDCO, when the allotment of a plot is confirmed to the highest bidder, initially an Allotment Letter is issued, followed by an Agreement to Lease and after the issuance of Occupancy Certificate on the completion of the construction, a Lease

India presents 9 point agenda at G-20 for Action Against Fugitive Economic Offences & Asset Recovery

By Accommodation Times Bureau On Friday India submitted 9 point agenda at G-20 summit for dealing with fugitive economic offenders. • Strong and active cooperation across G-20 countries to deal comprehensively and efficiently with the menace fugitive economic offenders. • Cooperation in the legal processes such as effective freezing of the proceeds of crime;

Municipal Council President suspended for bungling funds related to Housing for All

By Accommodation Times Bureau CHANDIGARH: The Local Government Department in a big action against corrupt practices placed the services of the President of Municipal Council Nabha Rajnish Kumar, E.O. Sukhdeep Singh Kamboj and Clerk Harjinderpal under suspension with immediate effect in the matter of the bungling of funds pertaining to ‘Housing for

Ordinance to amend Maharashtra Co-operative Societies Act 1960: All you need to know

By K. K. Ramani (Advocate) The Maharashtra Cooperative Societies (Third Amendment) Ordinance 2018 promulgated by the Governor of Maharashtra brings about significant changes in the Cooperative Societies Act, mainly to cater to the issues of cooperative housing societies. Maharashtra Cooperative Societies Act, as it stood, is designed to regulate the affairs

New Chapter: housing societies can conduct elections if less than 200 members

By Rohit Sharma MUMBAI: Now, the housing society can self-conduct elections of the committee if the society has less than or up to 200 Members, according to Maharashtra Co-operative Societies (Third Amendment) Act, 2018. “The Governor of Maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action further

A Consumer’s Guide to Using Maha RERA Data

By Ramesh Nair, CEO & Country Head, JLL India The data available on the MahaRERA website makes it one of the most detailed and informative among RERA websites deployed so far, thereby also making it one of the most potentially useful for end-users and investors to base their decisions on. The

HUDA reduces rate of penal interest to 8%

By Accommodation Times Bureau In yet another revolutionary step that will solve the long-standing vexed problem of enhancement dues in HUDA sectors, Haryana Chief Minister, Manohar Lal has decided not only to reduce from 15 percent to 8 percent the interest charged on the Less Conveyed enhancement amounts  per annum but