A Bengaluru housing society has allegedly demanded ₹1 lakh from a resale apartment buyer as a precondition for issuing a no-objection certificate (NOC) required for home loan disbursal. Bengaluru real estate: Can housing societies charge ₹1 lakh for an NOC from resale buyers? (Representational Image) (Pexels ) The issue came to light after a homebuyer […]
In one of the largest cluster redevelopment projects, 53 housing societies in Mumbai’s Kandivali area are planning to come together to redevelop their 26-year-old housing complex. The housing complex is located in the Maharashtra Housing and Area Development Authority (MHADA) layout and was built by MHADA in 2000. Mumbai redevelopment news: The Chhatrapati Shivaji Raje […]
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, […]
Mohali mayor and Congress leader Amarjit Singh Sidhu has alleged that development works in private housing societies across the city are being deliberately stalled by the Aam Aadmi Party (AAP)-led Punjab government despite repeated requests for approvals. He claimed that while the municipal corporation is empowered under Section 82(3) of the Municipal Act to carry […]
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 […]
Mumbai-based, listed real estate developer Mahindra Lifespace Developers Limited (MLDL) announced on October 10 that it has been selected as the preferred partner for the redevelopment of four residential societies in the Malad West area of Mumbai. The company said that the project offers a development potential of ₹800 crore. Mahindra Lifespace Developers Limited (MLDL) […]