Homebuyers’ maintenance societies, RWAs can’t intervene in insolvency process of developer firm: SC

New Delhi, Jan 15 (PTI) The Supreme Court on Jan 15 ruled that homebuyers’ societies or Resident Welfare Associations (RWAs) ordinarily constituted for maintenance and management of common facilities in a housing project cannot intervene in the insolvency proceedings of the developer company. The Supreme Court on January 15 ruled that homebuyers’ societies or RWAs, […]

Noida authority seals part of Lotus Panache project in Sector 11

NOIDA: The Noida authority on Wednesday sealed three under-construction towers and 10 shops at Lotus Panache group housing society in Sector 110 as the project has land cost dues.  Lotus Panache welfare association president Amit Chauhan said, “The Noida authority had sealed these flats earlier in their so-called drive. Now they again have sealed these […]

Noida authority puts up ‘dues boards’ at housing societies; residents cry foul

The Noida authority has started placing public boards outside several housing societies, including Lotus Panache in Sector 110, to display pending land cost dues – a move that has drawn sharp objections from residents. Noida authority CEO Lokesh M defended the step as a transparency measure, saying: “This is not a coercive action. The boards […]