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Delayed For Years, MIG Redevelopment Colony To Be BaStarted in 2006, the redevelopment work is far from completion but might get on track as the Bombay High Court has cleared the deck for the construction work to start. The project was in litigation due to a rule imposed by the Brihanmumbai Municipal Corporation that the developer must execute a permanent agreement with the old homeowners to get the construction commencement certificate. As the Bombay HC has set aside this condition, the work might begin soon.
Landlord's Corner: Did Your Tenant Claim Ownership OIs your tenant refusing to vacate your house? The only course of action you can take the tenant to the court. Follow these tips to ensure that you have enough evidence to prove your ownership over your property in case you end up with an unscrupulous tenant.
Mhada Approves Six Housing Proposals; Mumbai To SeeAfter the state government made the Mhada as the planning authority for 56 colonies, the authority has now approved six of the 60 proposals submitted by various projects across Mumbai. The approval of proposals means that the city will soon have a new supply of over six lakh homes. Calling it a housing bonanza, the new supply will help the city overcome the space shortage it faces.
Stop All Construction In Delhi's Unauthorised ColoniThe Supreme Court has halted further constructions in 1,797 colonies of Delhi, which are not in conformity with the building bye laws. The top court has asked the Centre to set up a special task force to oversee enforcement of laws regarding illegal constructions. Also, the Delhi High Court has warned the Delhi government of a time bomb in the making owing to its vested interest of regularising illegal constructions with the support of municipal corporations.
Jaypee To Deposit Rs 600 Cr In Instalments ; BuyersJaypee group has identified certain assets which it can sell to deposit Rs 600 crore that will be used to refund the aggrieved homebuyers. The assets include a cement plant at Rewa in Madhya Pradesh.