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

Civic body says no commercial buildings near metro, BRTS

By Accommodation Times Bureau PIMPRI CHINCHWAD An attempt to avoid obstruction and accidents, the Pimpri Chinchwad Municipal Corporation (PCMC) would not allow commercial buildings near Metro corridors and BRTS. “There will be traffic congestion if there are commercial establishments. There should be houses on the corridors. The area should be highly densified and

Affordable housing to be exempted from stamp duty

By Accommodation Times Bureau     The Union Minister, Venkaiah Naidu’s ministry wrote to the government to exempt affordable housing from stamp duty. The government is the facilitator for fixation of the rates and collecting duty. Hence, a request was forwarded for exemption from stamp duty. Affordable housing is exempted from the service tax

Govt. to draw up new guidelines for transit camp redevelopment

By Accommodation Times News Service Maharashtra government wants to lay down guidelines for transit camps’ redevelopment undertaken by private developers to check rampant manipulation and corruption. The state government has decided to evolve new guidelines along with undertaking a door-to-door survey to tackle the complex problems of people languishing in transit camps