Latest StoriesResidential

FONRWA Acts Against Unlicensed PGs in Noida

Representative AI image NOIDA: The Federation of Noida Residents’ Welfare Associations (FONRWA) has urged the Noida Authority to take action against unauthorized paying guest (PG) accommodations in residential sectors, flagging issues related to fire safety, parking shortages, and security. In a letter to the Authority, KK Jain, the secretary general of FONRWA—which represents over 120 RWAs—stated that many PGs are operating without necessary approvals or compliance with safety regulations. He claimed that numerous accommodations lack fundamental fire safety measures such as fire extinguishers and emergency exits, presenting significant risks to residents. “Most of these facilities lack essential fire safety equipment,…

Latest StoriesRegulatory

Gurugram Court Denies Bail to Ocean Seven Ex-CEO in ₹5.7 Cr Fraud

GURUGRAM: A sessions court has denied anticipatory bail to the former CEO of Ocean Seven Buildtech Pvt Ltd (OSBPL) in a case involving allegations of cheating and forgery. This ruling arrives 12 years after a family was reportedly “induced” to invest ₹2.8 crore with promises of “high returns.” According to complainant Amit Rastogi, that amount with interest grew to ₹5.7 crore over time. The court, presided by sessions judge Vani Gopal Sharma, issued the order on Monday after extensive hearings where the complainant, the state prosecutor, and the buyers’ association objected to bail for former OSB CEO Sanjeev Kumar related…