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Latest StoriesRera

Kerala RERA Grants 16.65% Interest for Delayed Flat Handover

THIRUVANANTHAPURAM: The Kerala Real Estate Regulatory Authority (K-RERA) has mandated a builder in the state capital to compensate two homebuyers with simple interest at a rate of 16.65% per annum for delays in delivering their flat in the Sparrow Paradise project located at Kudappanakunnu. Dr. Ullas Raghavan and Shakuntala Prabhakaran invested approximately ₹1.02 crore for their 1,765 sq ft flat. This interest will be calculated from December 1, 2018— the day after the agreed completion date—based on the ₹54.41 lakh advance they paid, along with subsequent payments from their respective payment dates until the flat’s delivery. K-RERA has directed Sparrow…

Latest StoriesResidential

Flat Registrations Halted; Nagpur Civic Body Assumes NIT Approvals

Representative AI image NAGPUR: The registration of flats in Nagpur has been temporarily halted as the district administration initiates a thorough verification of builders’ compliance with essential infrastructure and safety standards prior to granting occupancy certificates (OCs). This decision was made by guardian minister Chandrashekhar Bawankule in a District Planning Committee (DPC) meeting on Monday, which also introduced several significant urban governance decisions. In a notable policy change, Bawankule revealed that the Nagpur Municipal Corporation (NMC) will now have the authority to approve building plans in layouts created by the former Nagpur Improvement Trust (NIT), consolidating building permissions under a…

IndustryLatest Stories

Bengaluru Tower Demolition Plan Triggers OC Debate

BENGALURU: The proposed demolition of an 18-storey apartment tower in southeast Bengaluru has sparked significant debate over the reliability of occupancy certificates (OCs) issued by the Greater Bengaluru Authority (GBA). The 49-unit structure at SNN Raj Etternia near Kudlu received its OC earlier this year but is now set for demolition following new geotechnical investigations that uncovered serious soil issues. While the developer assures that the remaining 14 towers in the 972-unit township are structurally sound, residents argue that this incident highlights critical concerns regarding the building approval and certification process. Urban planning expert Ashwin Mahesh noted that the situation…

IndustryLatest Stories

Bengaluru Authority Sets New Building Approval Fee Structure

BENGALURU: The Greater Bengaluru Authority (GBA) has released a new notification detailing the fee structure for building construction approvals under the GBA Act. This includes fees for plan approvals, revised plan approvals, and plinth certificates, which were previously charged under the BBMP Act and have now been re-established under the new legislation. According to the announcement, fees will be calculated based on the prevailing guidance value of the site and the total built-up area of the building, measured on a per square metre basis. The minimum guidance value for calculations will be set at Rs 50,000 per sqm. The inspection…

Latest StoriesRegulatory

SC Directs Parsvnath Developers to Report Pending Cases

NEW DELHI: The Supreme Court on Monday instructed Parsvnath Developers and its directors to submit a status report regarding ongoing cases brought by distressed homebuyers against them, detailing the current status of each matter. The court also ordered the real estate company to complete the construction of a dwelling unit booked by Rita Tikku, a cancer survivor, and Lokaish Tikku, who invested their life savings in the ‘Parsvnath Exotica’ project in Sector 53, Gurugram, within a week. A bench composed of Chief Justice Surya Kant along with Justices Joymalya Bagchi and V Mohana was reviewing a plea submitted by the…

Latest StoriesRegulatory

NGT Orders Check on Ongoing ‘Illegal’ Construction in Greater Noida

Representative AI Image NEW DELHI: The National Green Tribunal has mandated the Uttar Pradesh Pollution Control Board (UPPCB) to investigate claims that certain under-construction projects in Greater Noida are continuing despite having received closure orders for breaching environmental regulations. A bench, comprising NGT Chairperson Justice Prakash Shrivastava and expert member Afroz Ahmad, was examining a case concerning alleged breaches of environmental norms, including the absence of an Environmental Impact Assessment (EIA) notification and required consents to establish (CTE) and operate (CTO) from the UPPCB. The petition was submitted by BJP leader and former municipal corporator Rajendra Tyagi, represented by Advocate…

Latest StoriesRegulatory

Mumbai: Pattathu Brothers’ Directors Charged for Unmet Amenities

MUMBAI: The Slum Rehabilitation Authority (SRA) has filed a case against two directors of a Mumbai-based real estate firm for not providing essential amenities to a housing society in Vile Parle, according to police reports on Monday. A complaint from an SRA assistant engineer alleges that Joseph S Pattathu and Pearl Joseph Pattathu, directors of Pattathu Brothers, violated redevelopment agreements by not delivering six required facilities to eligible beneficiaries after obtaining completion certificates for the project. An official stated that the firm had received all necessary approvals from the SRA, including the Letter of Intent (LOI) and Occupation Certificate (OC),…

IndustryLatest Stories

Indore IMC Issues Fire Safety Directives for Buildings

Representative AI Image INDORE: The Indore Municipal Corporation (IMC) has laid down stringent fire and public safety regulations for building owners, hotels, restaurants, banquet halls, clubs, hospitals, and commercial entities throughout the city. The IMC has underscored that basements are to be utilized solely for parking or specified activities authorized by the relevant authorities. “The operation of kitchens, gas-based food preparation, or any high-risk commercial activities in basements without the necessary authorization and fire safety measures is strictly forbidden,” stated senior officials, also noting that unauthorized commercial activities on rooftops are banned due to the significant dangers they present in…

Latest StoriesResidential

Thiruvananthapuram: Stalled housing project leaves families waiting

Sure! Here’s a rewritten version of the content: Representative AI image THIRUVANANTHAPURAM: The Thanal Housing Project in Muttathara, aimed at rehabilitating families from the nearly 50-year-old Vikalanga Colony, remains on hold despite receiving technical approval from the local self-government department (LSGD) in August 2025. New technical and cost challenges have delayed the contractor from starting work, leaving around 100 families waiting for permanent housing for another year. The ongoing delay has also stalled the relocation of slaughterhouses across from the colony to a newly built modern abattoir in Kunnukuzhy, as the residents’ rehabilitation is seen as a requirement for moving…

Latest StoriesResidential

Virat Kohli and Anushka Sharma buy ₹18.29 crore apartment in Versova

NEW DELHI: Virat Kohli and Anushka Sharma have purchased an apartment in Godrej Skyshore, Versova, Mumbai, for ₹18.29 crore, as per documents obtained by Zapkey. The apartment, identified as A-2403, is situated on the 24th floor of Tower A in Godrej Skyshore. The seller of the property is Godrej Properties, according to the registration paperwork. This residence has a RERA carpet area of 245.71 sq metres, roughly equivalent to 2,644.8 sq ft, which includes a carpet area of 216.30 sq metres (approximately 2,328 sq ft) along with an adjacent exclusive area of 29.41 sq metres (around 316.5 sq ft). The…