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

GST & Pre-EMI setback for under construction projects

  By Rohit Sharma MUMBAI: The under-construction real estate projects or newly launched projects have stuck across the country mainly in Delhi-NCR, Noida and Greater Noida, no home buyers make effort to invest into under construction projects after developers providing several benefits. Why is it so? Senior Advocate Dr. Sanjay Chaturvedi said, “GST and

Builders to face action against securing fraudulent OCs

By Accommodation Times Bureau GURUGRAM To protect the consumers from cheating and fundamental cases, H- RERA on August 27, said builders will face action who have fradamentally secured OC. K.K. Khandelwal, Chairman of H-RERA while addressing a seminar at Gurugram he said, officicals who will found involved into fraudulent act would also face

RERA: Why change from CC to OC is bothering Gurugram, Noida buyers

By Accommodation Times Bureau Occupancy and completion certificates, two words that have forever been part of the real estate lexicon, have suddenly become keywords in deciding who Rera benefits most. All housing projects completed and delivered in Gurgaon have occupancy certificates, or OCs, but none has a completion certificate, a CC. There is

Noida Homebuyers: Physical inspection first before giving completion certificates

By Accommodation Times Bureau Noida Extension Flat Owners Welfare Association has flagged the issue of completion certificates and occupation certificates being awarded simply on the basis of submission of paperwork with the Noida authority. Claiming that many apartments in Noida extension are getting certifications without prior verification of appropriate completion, the

To pinch construction norms,BMC rejects 685 requests in last six months

By Accommodation Times Bureau Since the BMC commissioner has discretional might and right to overrule peculiar regulations, builders attempt to use influence to get the concessions cleared by the commissioner. The BMC has rejected 685 requests of builders for concessions to pinch the construction norms, in  the last six months. The rejected applications include requests such as